DAOU Subsidiary Enosus, Inc. Teams with Everdream to Deliver Subscription Computing to Health Care Providers.Business Editors SAN DIEGO--(BUSINESS WIRE)--May 23, 2000 Enosus to Offer Everdream's Self-Healing Technology to Health Care Clients DAOU Systems, Inc. (Nasdaq:DAOU) today announced that its wholly owned eBusiness subsidiary Enosus, Inc. has signed an agreement with Everdream, the leading subscription computing The Subscription Computing model was developed by IBM research. Providers that supply not only network access and a foundation suite of applications but also the complete user environment -- including all customer premises equipment -- as a package for a monthly subscription. service for growing businesses, to be the first company to deliver the Everdream subscription computing solution to health care providers. Enosus will recommend, resell, and install the Everdream service, creating a complex network and computing solution for the heath care industry. The Everdream subscription computing solution will complement Enosus' unified suite of Internet professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. and solutions. "Health care organizations cannot afford to have their computers fail," said Gary Griffiths, 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. of Everdream. "Everdream's 'any problem, any time, no excuses' support and self-healing technologies guarantee these organizations a highly reliable desktop platform, while Enosus provides an understanding of their business and provides integration services to get the solution up and running." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. IDC, over 70% of small health care organizations list warranty, service, and support as key decision factors when purchasing or leasing PCs. Additionally, "Health care is expected to ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale its Internet capabilities and increase Web-related spending at an average annual rate of 40.8% through 2003," (IDC, December 1998). Commented Larry D. Grandia, chief executive officer and president of DAOU, "By partnering with Everdream, we are further enhancing our Unified eBusiness Solutions(TM). Those solutions include a broad spectrum of capabilities ranging from identifying untapped opportunities to developing an infrastructure and ensuring that online applications are delivered reliably. Now we can offer our customers an additional level of confidence, by removing the hassle of managing and troubleshooting their PCs." In addition to today's announcement of Everdream solutions for the health care market, Everdream also offers subscription computing solutions designed for law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
About Everdream Founded in 1998, Everdream pioneered the concept of subscription computing. Today, this fast-growing company is leading a revolution to provide an unprecedented level of computing service to small business customers. By harnessing the power and scale of the Internet, Everdream provides a complete, outsourced solution at a fraction of the current cost, allowing small business owners to focus on their business and not worry about computers. Headquartered in Fremont, Calif., Everdream is privately held with venture backing from leading technology investors including Canaan Partners, Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments. , Ricoh Silicon Valley, and Portage Portage (1, 2 pôr`təj; 3 pôr`tĭj). 1 Town (1990 pop. 29,060), Porter co., NW Ind., a suburb of Gary, on Lake Michigan; inc. 1959. Ventures. For more information, visit Everdream's Web site at www.everdream.com, or call 877/4-DREAM-4. About Enosus, Inc. Enosus, Inc. (www.enosus.com), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of DAOU Systems, Inc., is a leading strategic Internet services company. The company's Unified eBusiness Solutions(TM) (data, voice, and video) allow companies to thrive in today's e-connected economy. Enosus' solutions consist of providing strategic consulting to companies on Internet applications and opportunities for a client's business, complete engineering services necessary to quickly implement the client's eBusiness strategy and integration of both the front and back-end operations, including legacy systems. Enosus also provides operational support including hosting, system monitoring A System Monitor (SM) is a process within a distributed system for collecting and storing state data. There are many issues involved with designing and implementing a system monitor. , security, technical support, maintenance, and call center design and implementation. Enosus' incubator incubator, apparatus for the maintenance of controlled conditions in which eggs can be hatched artificially. Incubator houses with double walls of mud, a fireroom, and several compartments each holding about 6,000 hens' eggs were developed in ancient times; the offering assists startup firms in rapidly executing their Internet strategy. About DAOU Systems, Inc. DAOU Systems, Inc. is a provider of integrated Information Technology (company) Integrated Information Technology - (IIT) A Santa Clara based company producing a programmable, single chip H.261 and MPEG system. The chip contains a RISC processor, originally based on the MIPS architecture but now called RISCit, and a "Pixel Processor". (IT) solutions and services to the U.S. health care industry. DAOU's capabilities range from up-front strategic consulting to IT system design, implementation and long-term tactical support. DAOU's IT offerings include data, voice and video networking, applications consulting and implementation, as well as operational and Internet solutions. DAOU has approximately 650 employees, and has provided services to more than 1,300 health care organizations, including many of the nation's top 100 integrated delivery systems integrated delivery system Integrated provider Medical practice A coordinated health care system formed by physician groups and hospitals which ↑ efficiency and ↓ redundancy in providing health care; IDSs coordinate delivery of a broad range of health . More information about DAOU Systems can be found at www.daou.com on the World Wide Web. "Everdream" is a trademark of Everdream Corporation. All other trademarks or product names are the property of their respective owners and are hereby recognized as such. Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve numerous risks and uncertainties. The company's actual results could differ materially from those projected in such forward-looking statements and will depend upon a number of factors, including the company's ability to launch and manage successfully its new eCommerce services to health care and non-health care customers, including the hiring, retention and training of professionals dedicated to eCommerce services, and those discussed in the company's filings with the Securities Exchange Commission and other press releases of the company. |
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