Satyam Infoway Ltd and BroadVision, Inc. Today Announced a Distribution Agreement.Business Editors/High Tech Writers CHENNAI, India--(BUSINESS WIRE)--April 19, 2000 Satyam Infoway limited (Nasdaq:SIFY) and BroadVision, Inc. (Nasdaq:BVSN BVSN Broadvision, Inc. (stock abbreviation, AMEX) ) (Neuer Markt BDN BDN Borland Developer Network BDN Bangor Daily News (Maine, USA) BDN Business Development Network BDN Bell Data Network BDN Bulk Data Network BDN Busy Doing Nothing (band) BDN Buffered Delta Network ) today announced an agreement to help develop, adapt, sell and support BroadVision's world leading suite of personalised Adj. 1. personalised - made for or directed or adjusted to a particular individual; "personalized luggage"; "personalized advice" individualised, individualized, personalized Internet application software. Satyam Infoway becomes BroadVision's first reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. of its wide range of One-To-One(TM) software application solutions in India. Satyam Infoway will create a new team dedicated to develop BroadVision One-To-One(TM) based Web projects and personalised customer relationship management solutions. "Satyam Infoway has always looked at providing solutions to the Indian market through long term partnerships with leading solutions providers around the world" said Mr. N. Shekar, President, E Business, at Satyam Infoway. He added, "BroadVision is one such partnership which will help us to address the need of specific market segments through an out of the box solution combined with our implementation services. We are excited to represent BroadVision, thereby bringing value to our corporate customers in India." "We are delighted to have such a respected and knowledgeable company as Satyam Infoway be our first distributor in India" says Michel Danon, BroadVision's VP for Middle East Africa and India, "Their proven experience in Internet applications development and in e business will greatly aid the distribution of BroadVision into this new and exciting market." About Satyam Infoway Satyam Infoway is the second largest national provider of Internet access See how to access the Internet. and Internet services to consumers and businesses in India. As March 31, 2000, Satyam Infoway has more than 151,000 consumer Internet subscribers. The Company's network presently serves 40 cities throughout India. The products of Satyam Infoway include consumer Internet access services, on-line portal and content offerings and corporate network and technology services. Satyam Infoway's portal. www.satyamonline.com, is India's leading portal with services in areas such as travel, finance, health and shopping in addition to e-mail, chat and search. Over 350 corporations use Satyam Infoway's business-to-business products and services. UUNet Technologies, Sterling Commerce and Open Market are some of Satyam Infoway's strategic partners. About BroadVision Broadvision Inc. (Nasdaq: BVSN, Neuer Markt: BDN) is the leader in personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. e-business applications. BroadVision's comprehensive suite of integrated applications is built for delivery via the web and wireless devices. Companies using BroadVision's proven applications get to market quickly, launching innovative e-commerce, self-service and enterprise information sites. These sites enable personalized interactions and transactions with customers, partners, suppliers and employees. BroadVision One-To-One(TM) applications power innovative business-to-consumer sites and business-to-business exchanges for the world's top companies in 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. , telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , retail and travel. BroadVision applications are available in more than 120 countries worldwide. Headquartered in Redwood city Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif., USA, the company can be reached at (650) 261-5100 or at www.broadvision.com. This press release includes forward looking statements within the meaning of section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and section 21E of the Securities Exchange Act of 1934, as amended. The forward looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the 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. . For a discussion of the risks associated with Satyam Infoway's business, please see the discussion under the caption "Risks Related to Our Business" in Satyam Infoway's Report on Form 6-K for the quarter ended December 31, 1999 which has been filed with the Securities and Exchange Commission. This report is available at www.sec.gov. |
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