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CrossKeys expands IP market reach with membership in international ASP Industry Consortium.


Business Editors

VIENNA, Virginia--(BUSINESS WIRE)--Jan. 11, 2000

ASPs, who host Internet and telecom services for business, are a

fast-growing market for CrossKeys performance management software

CrossKeys Systems Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CKEY) (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:CKY CKY Camp Kill Yourself (band)
CKY Conakry, Guinea - Conakry (Airport Code) 
.), today announced that it is expanding its marketing and sales reach into the application provider space through its new membership in the Application Service Provider (ASP) Industry Consortium. The ASP Industry Consortium (Application Service Provider Industry Consortium, Wakefield, MA) A now disbanded trade organization founded in 1999 dedicated to research and standards in the application service provider (ASP) industry. , based in the US, is an international advocacy group developing guidelines for the growing application service provider segment of the computer and telecoms industry.

For CrossKeys, membership in the ASP Industry Consortium delivers closer ties to the key players and customers in this emerging market. Founding members of the ASP Industry Consortium include Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
, Inc., AT&T, UUNet and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  Corporation. In a recent consortium survey, ASP companies stated that service assurance was one of their primary concerns.

"ASPs are answering the call from business customers for eCommerce and other applications to be delivered over the Internet," says Ian McLaren, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , CrossKeys. "It is critical for these providers to demonstrate the reliability of the services they deliver. This is the value CrossKeys delivers to ASPs and their enterprise end-customers in this exciting market."

ASPs free customers from the burden of technology management and help companies focus on their main business issues. They enable companies to manage their IT expenses by providing predictable costs for applications and services and by reducing the total cost of technology ownership. By leaving technology management to professional service providers, enterprise customers avoid the risks of making costly technology planning and implementation errors.

While the ASP market is relatively new, computer industry analysts foresee rapid growth for the future. Estimates of the size of the ASP market run into billions of dollars in annual revenue within two to three years.

Founded in May 1999, the ASP Industry Consortium currently has over 240 members worldwide. Information on the Consortium is available on the World Wide Web at www.aspindustry.org or by contacting consortium headquarters in Massachusetts at 781-246-9321. About CrossKeys

CrossKeys Systems Corporation (www.crosskeys.com) develops and supports carrier-scale software that enables the world's largest and most demanding service providers to manage the equipment and traffic on their telecom networks. CrossKeys has demonstrated experience with multi-vendor and multi-technology networks, including IP, ATM, Frame Relay and broadband access technologies such as DSL DSL
 in full Digital Subscriber Line

Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary
 and cable. This expertise enables service providers to offer business applications, such as eCommerce and VPNs, with the minimum of infrastructure investment and the competitive guarantees that enterprise end-customers require.

CrossKeys Systems Corporation is a public company whose common shares are listed for trading on NASDAQ (CKEY) in the United States and on The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 (CKY) in Canada.

CrossKeys and logo are registered trademarks of CrossKeys Systems Corporation. All other trademarks are the property of their respective holders and are acknowledged by CrossKeys Systems Corporation.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 11, 2000
Words:482
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