Indus Provides Platform for True Multinational Asset Management through Managed Hosting Agreement with Digex.Business Editors ATLANTA--(BUSINESS WIRE)--March 5, 2002 High-Performance, Secure Hosting Solutions Deliver Global Access to Accelerated ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). Indus International Inc. (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 : IINT), the leading global supplier of enterprise asset management (EAM (1) (Enterprise Asset Management) The management and control of the information technology assets within the enterprise. The asset management repository includes a description of the asset as well as contract information pertaining to its acquisition. ) software and services, today announced the selection of Digex, Incorporated (Nasdaq: DIGX), the leading managed hosting provider for business on the Internet, as the hosting services provider for Indus InSite(TM). Digex's secure, stable, high-performance managed hosting platform, coupled with Insite's support for international standards and dynamic language translation capabilities, make Indus InSite the world's first true multinational asset management solution. This strategic relationship supports the Indus InAble Partner Strategy (see January 8, 2002, Indus release, "Indus Announces InAble Partner Strategy"), which combines pure Internet technologies and services into InSite. InSite is built from the ground up as a pure Internet application and will be delivered via a hosted, subscription-based model. As a result, InSite will lower customers' upfront costs; eliminate the need for new hardware, software and IT support staff; provide access to the solution from anywhere in the world connected to the Internet; and accelerate ROI through enabling efficient and informed business decisions by users throughout customers' organizations and beyond. "Delivering InSite via Digex's secure and reliable managed hosting model gives our customers access to this innovative application from anywhere in the world. Their personnel, suppliers, partners and customers can leverage the solution to drive ROI throughout the value chain--even though they may be scattered Scattered Used for listed equity securities. Unconcentrated buy or sell interest. across the globe. That's why it is the first true multinational asset management solution ever developed," said Larry Hagewood, senior vice president of the InSite Business Unit at Indus. InSite provides an ideal solution for customers that need to implement an asset management solution but may have been hit hard by cuts on capital expenditures. Customers can access the InSite solution with only a standard Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. and Internet access See how to access the Internet. . And, because InSite is delivered via a subscription-based hosting services model, it provides a cost-effective, trouble-free implementation, accelerating customers' return on investment. "Digex's unique solution enables Indus to offer customers a fully managed hosted environment that eliminates the trouble and expense of installing and maintaining complex hardware and software in-house," said John Callari, senior vice president of sales for Digex. "At the same time, Indus InSite customers can be assured that the security of their critical business data is protected through our SmartCenters(SM) data centers and our dedicated Systems Security Organization. As a result, Indus customers can focus on reaching their business goals through the innovative Web-based Indus InSite solution, without concern for the technology that it takes to get them there." Indus InSite will be on display at National Manufacturing Week in Chicago, March 18-21, 2002. Come by the Indus International booth (#1425) in the Plant Engineering MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. & Management Conference for an onsite demonstration. Hosting Indus Solutions Not New to Digex Digex has a long-standing relationship with Indus as a hosting partner. Digex also hosts Indus' other core products, PassPort(TM) and Enterprise MPAC MPAC Muslim Public Affairs Council MPAC Municipal Property Assessment Corporation MPAC Muslim Public Affairs Committee MPAC Missouri Precision Agriculture Center MPAC Member Political Action Conference MPAC Medicare Payment Advisory Commission (TM). And, the two companies announced in July 2000 that Indus had named Digex as the company's managed hosting partner for IndusHosting(TM), which makes Indus' existing best-of-breed EAM Solution Series available in a Web hosted environment. Indus solutions hosted by Digex have proved to be a popular solution with customers. For instance, in September 2001 Magnox Electric Plc (Magnox) chose a hosted Indus solution as the work management and compliance system for its Dungeness A, Oldbury, Bradwell, Sizewell A, Trawsfynydd, Wylfa, Hinkley A and Berkeley sites. Indus is providing a total business solution--including PassPort software, implementation services and five years of application hosting via IndusHosting. About Indus International Indus International is a world leader in delivering Enterprise Asset Management (EAM) software solutions to capital-intensive industries around the world. The company provides software and services that help companies to reduce costs and improve overall productivity. The company has a strong client base comprised of more than 300,000 users in more than 40 countries. For more information visit our Website at http://www.indus.com. About Digex Digex is the leading managed hosting provider for business on the Internet. Digex customers, from mainstream enterprise corporations to Internet-based businesses, leverage Digex's services to deploy secure, scaleable, high performance business solutions, including electronic retailing, online 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. , online procurement and customer self-service applications A software application that allows a user to obtain information or complete a business transaction on the computer that has traditionally required the help of a human representative. Voice response systems and Web sites are widely used for self-service applications. See kiosk. . Digex also offers value-added enterprise and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , including performance and security testing Security Testing: (The) Process to determine that an IS (Information System) protects data and maintains functionality as intended. The six basic security concepts that need to be covered by security testing are: confidentiality, integrity, authentication, authorisation, , monitoring, reporting and networking services. Additional information on Digex is available at www.digex.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such 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. . Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Company's products and services, the ability to complete software development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Company's most recent periodic filings with the Securities and Exchange Commission, including its 2000 Annual Report on 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. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. . Indus And Indus InSite are trademarks or registered trademarks of Indus International Inc. Other company and product names may be trademarks of the respective companies with which they are associated. |
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