DV2 Announces Alliance with e4Speed, Inc., the Nation's 2nd Stage Dot-Com Incubator.Business Editors ATLANTA--(BUSINESS WIRE)--Aug. 8, 2000 DV2, Inc., a leader in developing the next generation of converged communications infrastructure, announced today a strategic alliance with e4Speed, Inc., a subsidiary of Renaissance Worldwide, Inc. (Nasdaq: REGI REGI Raptor Education Group Inc (Wisconsin) ). e4Speed is an Internet technology services and support firm and 2nd stage dot-com 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 . DV2 will be a collocation collocation - co-location provider for incubation incubation /in·cu·ba·tion/ (in?ku-ba´shun) 1. the provision of proper conditions for growth and development, as for bacterial or tissue cultures. 2. of technology infrastructure for e4Speed's growing internet-centric clients. Through DV2, e4Speed's clients will be able to customize their applications without any limitations or risks. e4Speed selected DV2 based on the company's ability to rapidly deploy telecommunications applications and scale dot-coms. DV2's solution allows small- to medium-sized businesses to take advantage of the speed and global reach of an integrated telecommunications infrastructure, which includes data, voice and video (DV2) and internet/intranet applications. e4Speed offers bandwidth and reach, rapid deployment of human capital, later stage technology development, office space and strategy implementation. With its strategic partners, e4Speed can help take a business from an idea through strategy to the tactical stage of business development, implementation and growth. "This important strategic relationship with DV2 allows e4Speed to offer our clients comprehensive telecommunications resources quickly and cost-effectively," says Paul DiModica, Vice President of Strategic Development of Renaissance Worldwide. DV2 founder and Chief Executive Officer, Jeff Hinkle, says his company is seeing a strong demand for their solution because it not only provides bottom-line savings for businesses, but also enables companies to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the benefits of broadband-based applications and products. "Through our partnerships with well-known and respected technology companies such as EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , Cisco, and Oracle, DV2 is able to offer a truly scalable one-stop telecommunications solution. Because we have high-speed, scalable network connectivity with a complete suite of value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. , we can offer companies a full range of options at a fraction of the cost of doing it themselves. From network security and e-commerce, to 24/7 support, DV2 offers the technical expertise and infrastructure necessary for small- to medium-sized businesses who cannot afford a capital investment and want to remain focused on their core business and less on their infrastructure," Hinkle explains. "With this relationship, both e4Speed and DV2 can complement one another's service offerings," says DiModica. "e4Speed has brought together a compelling service/product vision, management team, and strategic relationships with highly respected firms such as Atlanta-based law firm Morris, Manning and Martin, LLP LLP - Lower Layer Protocol , Intellimedia Commerce, an Internet business development firm, Abovo Marketing and others," says Hinkle. "The e4Speed alliance gives us access to a wealth of external resources not available through traditional channels." About DV2 DV2 is a leader in developing "SMART POPs" technology, the next-generation of converged communications infrastructure. Its solutions provide turnkey outsourced data storage, managed server and collocation, and communication solutions for customers with high data/storage needs and/or require a high bandwidth transport solution. Services are based upon ATM, voice-over IP, high-speed telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. (DSL/cable modem), and rapid deployment server/collocation management. Visit www.dv2.com for more information. About e4Speed, Inc. e4Speed is an operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. of Renaissance Worldwide, Inc. e4Speed is headquartered in Atlanta, Georgia and specializes in helping internet companies implement tactical and strategic business milestones. Visit www.e4Speed.com for more information. About Renaissance Worldwide Renaissance Worldwide, Inc. is a global business technology-consulting firm that provides focused solutions for breakthrough performance. Through its core businesses, Renaissance delivers best-in-class services to Fortune 1000 and public sector clients by following its proven Concept-to-Completion(R) delivery model, designed to optimize time to return on investment and minimize risk throughout the project life cycle. Founded in 1986, the company currently has approximately 5,000 professionals in 70 offices, located in principal cities throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia-Pacific. Visit Renaissance on the Web: http://www.rens.com. This press release contains 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. . These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements, including our ability to execute an effective growth strategy, our transformation into e-solutions provider, and our ability to attract sufficient financing, as well as the factors discussed in our Annual Report of Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed on March 24, 2000 and our other filings with the Securities and Exchange Commission. Renaissance(TM), Renaissance Worldwide(TM), Concept-to-Completion(R), and e4Speed are trademarks of Renaissance Worldwide, Inc. Other product and brand names mentioned herein are trademarks of their respective owners. |
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