Critical Path Selected by Money.net to Provide Multiple Advanced Messaging Services to Investment Community.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--June 12, 2000 Critical Path's Internet Messaging and Collaboration Solutions Enable Money.Net to Provide Investors With Web-Based Email Web-based email or webmail is a term referring to an e-mail service intended to be primarily accessed via a web browser, as opposed to through an application such as Microsoft Outlook or Outlook Express, Mozilla's Thunderbird or Apple's Mail. and Integrated Calendaring Critical Path Inc. (Nasdaq:CPTH), the dominant global provider of business-to-business Internet messaging and collaboration solutions, today announced a multi-year agreement with Money.net, a leading one-stop financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and information destination. Under the terms of the agreement, Critical Path's InScribe in·scribe tr.v. in·scribed, in·scrib·ing, in·scribes 1. a. To write, print, carve, or engrave (words or letters) on or in a surface. b. To mark or engrave (a surface) with words or letters. (TM) Email Messaging and InSchedule(TM) Calendaring will become a key part of Money.net's service offering for users. "After thoroughly researching both in-house and outsourced email solutions and providers, we selected Critical Path because it was the only messaging provider that could deliver a complete range of messaging and collaboration solutions to meet the demands of our community members," said Matthew Casey, director of Business Development at Money.net. "Using Critical Path enables us to provide our members with the most reliable, secure, and scalable services available and increase the value of our service." Money.net ran its own messaging system Software that provides an electronic mail delivery system. It is made up of the following functional components, which may be packaged together or independently. Mail User Agent but chose to outsource its messaging needs to Critical Path in order to free up internal IT resources, reduce costs, and provide a broader offering of integrated messaging solutions. Critical Path's InScribe Email Messaging and InSchedule Calendaring solutions provide companies like Money.net with anytime, anywhere access to email and calendaring events. "Money.net is among the growing number of companies who are leveraging Critical Path's broad range of Internet messaging and collaboration solutions to provide multiple services to their customers," said Bill Rinehart, VP of worldwide sales for Critical Path. "Critical Path's outsourced email and integrated calendaring enables Money.net to stay competitive by offering their customers the leading messaging solutions without having to manage the technological complexities in-house and at the same time reducing costs and easing IT burdens." About Money.net Money.net is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and is privately held. In the past month, Money.net has signed marketing agreements with TD Waterhouse TD Waterhouse is the brand used for both British and Canadian brokerages within the TD Bank Financial Group. The brand originated as a United States brand for discount brokerage when TD purchased Waterhouse Securities. (NYSE NYSE See: New York Stock Exchange :TWE TWE Test of Written English TWE ThinkWave Educator (teacher productivity application) TWE That Was Easy TWE tap water enema TWE Threat Warning Equipment TWE Transitional Work Experience TWE Triangle Wind Ensemble ), InsWeb (Nasdaq:INSW INSW Insert String Word ), Creditland, DirectAdvice, Paytrust.com, Yodlee and Webhelp.com. Money.net is committed to ensuring their users have the most up-to-date financial services and information to allow them to manage all their personal finances at one site, successfully. In the April 2000 edition of PC World Magazine, Money.net's real-time portfolio tracker was rated "Best of the Web" (see April 2000 PC World, pg. 108) and the March 20, 2000 issue of Barron's gives Money.net a 2 1/2 star rating (see pg. 50). For more information about Money.net, visit www.money.net (http://www.money.net). About Critical Path, Inc. Critical Path, Inc. (Nasdaq:CPTH) is the dominant global provider of complete end-to-end Internet messaging and collaboration solutions for wireless, Internet-centric, telecommunication and corporate businesses. Through its Allsourcing strategy, Critical Path is the only advanced messaging provider to offer businesses the flexibility to outsource, midsource or insource all or part of their messaging and collaboration applications. Critical Path has built an industry-leading global infrastructure with data centers connected to key Internet exchange points. Critical Path's technology currently reaches more than 100 million end-users through its customer relationships and more than 25 million wireless devices. Critical Path provides reliable, secure and scalable e-mail and a flexible suite of enhanced messaging services to partners such as E*TRADE, CompuServe, Network Solutions, US West, Sprint, France Telecom, British Telecommunications and ICQ ("I Seek You") A conferencing program for the Internet from Mirabilis, Tel Aviv, Israel (www.icq.com). It provides interactive chat, e-mail and file transfer and can alert you when someone on your predefined list has also come online. . Critical Path is headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , with offices in locations nation-wide and in Germany, England, Ireland, France, Denmark, Italy, Switzerland, Brazil and Argentina. More information on Critical Path can be found at www.cp.net. The statements in this press release relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc matters that are not historical are forward-looking statements. Actual results could differ materially from these forward-looking statements. Risks and uncertainties facing Critical Path are described in its prospectus dated June 1, 1999 and with its periodic filings with the Securities and Exchange Commission (www.sec.gov). Note to Editors: Critical Path and the Critical Path logo are the trademarks of Critical Path, Inc. All other trademarks are the property of their holders. |
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