SecurFone America Inc.'s E-Commerce Group, IXATA.COM, Signs Major Hotel Franchising Company.SAN DIEGO--(BUSINESS WIRE)--Aug. 13, 1999-- SecurFone America Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:SFAI SFAI San Francisco Art Institute SFAI State Fiscal Analysis Initiative ), announced that its Internet based, e-commerce concern, IXATA.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. , Inc. (just say I-zay-ta), signed U.S. Franchise Systems, 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 :USFS USFS United States Forest Service USFS U.S. Franchise Systems, Inc. ) as a new Property Management client for its RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system. 1. (business) RFP - Request for Proposal. 2. Express(SM) service. USFS is a rapidly growing global hotel development and management company. USFS has 1,101 hotel properties open or under development worldwide in the United States, Latin America, Canada, the Caribbean, Israel and South Africa. USFS' hotel chains include Microtel Inn and Suites, a budget economy hotel chain; Hawthorn Suites, an extended stay chain; and Best Inn and Suites, a mid-market economy chain, among others. As a Property Management subscriber to IXATA.COM's RFP Express(SM) service, USFS properties can rapidly respond, via a user-friendly Internet interface, to Requests for Proposals ("RFPs") submitted by corporate and travel management company users. Replacing today's costly paper-based approach, the new RFP Express(SM) capabilities provide operational improvements and significant cost savings for property managers. The RFP Express(SM) service also includes a simplified on-line, Internet-based tutorial, enabling hotel property users to start responding to RFPs via the Internet, typically within about 30 minutes. "We are continuing to see strong user acceptance for the RFP Express(SM) service driven by five core user groups corporate users, travel management companies (travel agencies), property managers such as USFS, property chains such as Adam's Mark Hotels, and individual hotels and motels wanting to reduce costs and improve operations," said Robert Steiner, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition Marketing for IXATA.COM, Inc. "We are listening to our users and ensuring the RFP Express(SM) service meets their needs,"said Steiner. RFP Express(SM) integrates a user-friendly, Internet-based interface with a sophisticated data-warehousing system, interactive telephone and fax technology to deliver automated solutions for creating, sending, receiving, and managing the RFP process involving thousands of properties worldwide. RFP Express(SM) provides dramatic cost savings to users, typically 70 percent or more compared with costs for manual processes. "IXATA.COM's success with RFP Express(SM) is being driven by three factors; real proven cost savings for users, a standards-based e-commerce solution; and absolutely solid customer support and quality of service," said Paul B. Silverman, 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 SecurFone America, Inc., and the IXATA.COM, Inc. subsidiary. "We are very pleased with the results to date and the outlook for the company's e-commerce services," said Silverman. IXATA.COM (an acronym for Internet eXpress Advanced Technologies and Automation) is positioned to address the needs of the $250 billion corporate travel market and is 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 SecurFone America (OTC BB:SFAI ) U.S. Franchise Systems is a hotel management and development company formed in 1995. U.S. Franchise Systems is a Nasdaq company and trades under the symbol USFS. The company is based in Atlanta. SecurFone America is a telecommunications company now addressing opportunities in the electronic commerce and Internet markets. Founded in 1996, SecurFone is an OTC BB stock and trades under the symbol SFAI. The company is based in San Diego. Statements made in this news release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made based on management's belief as well as assumptions made by, and information currently available to, management pursuant to the "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. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors. |
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