New Customer Orders Reflect
Continuing Sales Momentum
for ON Technology
IT organizations and service providers
worldwide select ON Command CCM over competitors to
reduce IT infrastructure costs and improve productivity
of remote/mobile employees
MA, January 16, 2001 – ON Technology
(NASDAQ: ONTC), a leading provider of remote software
delivery solutions, today announced a number of customer
wins for its fourth quarter ended December 31, 2000.
During the quarter, a number of
customers selected the company's flagship product, ON
Command CCM™, over competitive products such as
Microsoft SMS, IBM/Tivoli Enterprise, CA Unicenter and
Intel LANDesk. ON Command CCM™ was specifically
selected because it: (1) Significantly reduces IT infrastructure
costs due to its unique remote management capabilities;
(2) Improves the productivity of remote offices and
mobile employees; and (3) Is significantly easier to
use and implement than competitive products. In addition,
many of the company's new accounts purchased ON Command
CCM to automate their migration to Windows 2000. Service
Provider partners such as Unisys and Siemens also contributed
to revenues by combining value-added management services
with license sales of ON Command CCM.
A sampling of orders received
- Foxwoods Resort Casino,
operated by the Mashantucket Pequot Tribal Nation.
- CMGI, a leading
Internet operating and development company.
- SunTrust Banks,
the nation's 10th largest commercial banking organization.
- Newark Electronics,
North America's largest small order, high service
distributor of electronic components.
- New York Department
of Civil Services (via Tek Insight, an ON
Technology reseller and service provider).
- Credit Suisse Private
Banking and Credit Suisse, Zurich SKA, supplanting
previous sales to other operating units of this leading
global investment bank.
- Ericsson Microwave
Systems, a unit of the world's leading telecommunications
- QVC Germany,
a unit of QVC, Inc., the $3B e-commerce leader and
operator of the well-known QVC channel in the U.S.,
U.K. and Germany.
- Migros, a leading
European retail chain.
- Dell Computer,
the world's leading direct computer systems company
and an ON Technology reseller.
- Unisys Nederland NV,
the Dutch managed services unit of the e-business
- Siemens Business
Services, a managed services provider unit
of Siemens AG.
The company also booked add-on
business from a number of existing enterprise accounts
including WorldCom, Providian Financial, Debitel and
"We're pleased that new customers
continue to see the business value delivered by our
products and services, reflecting continuing strength
in both our direct and indirect sales channels on a
worldwide basis," said Robert L. Doretti, Chairman,
President & CEO of ON Technology. "We look
forward to helping our customers reduce their infrastructure
costs while enhancing their revenue-generating capabilities,
and we welcome them to our family of ON Technology customers."
About ON Technology Corporation
ON Technology empowers IT organizations and service providers to manage the full lifecycle of their computing systems over large-scale corporate networks. Our solutions are used to rapidly and reliably deploy critical applications, operating systems, and content to desktops, mobile PCs, handhelds, servers, retail point-of-sale (POS) terminals and banking workstations. Our customers leverage our solutions to significantly reduce IT costs, improve availability and reliability of business-critical applications, and enhance both IT and end-user productivity. ON’s management solution has been chosen by more than 1,000 enterprises worldwide to manage in excess of 1.2 million networked computer systems. For more information visit ON Technology’s Web site at www.on.com or call 800-767-6638.
Gerald Kimber White
Allen & Caron Inc.
ON Technology, ON Command, and ON Command CCM are registered trademarks, and the ON logo and ON iCommand are trademarks of ON Technology Corporation. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and other countries. All other brand names and trademarks are properties of their respective owners.
The statements in this press release that relate to ON Technology’s future plans, events and performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, including the current weakness in the global economy, demand for the Company’s products and services, performance of the Company’s direct and indirect distribution channels, competitive pressures, market acceptance of the Company’s new products and technologies, and the risk factors detailed from time to time in ON Technology’s periodic reports filed with the Securities and Exchange Commission, including without limitation the Company’s Quarterly Report on Form 10-Q for the third quarter of 2003 filed in November 2003. Actual results and performance may differ materially due to these and other factors. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. ON Technology undertakes no obligation to release publicly any updates or revisions to any forward-looking statements contained in this press release that may reflect events or circumstances occurring after the date of this press release.
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