'Competitive Strategy' Author Michael Porter of Harvard Business School Joins X-Collaboration Software Board of Directors

Business Wire, Oct 12, 1999

BOSTON--(BUSINESS WIRE)--Oct. 12, 1999--

--Leading Strategy and Competitiveness Expert To Advise Business

Service for Collaborating on the Web--

X-Collaboration Software Corp. (XCSC) today announced that Michael Porter, Harvard Business School's C. Roland Christensen Professor of Business Administration, has joined its Board of Directors. X-Collaboration is a Boston-based developer and marketer of Web-based business collaboration services for small and medium-sized businesses, as well as departments within large corporations.

Among Harvard Business School's most popular teachers, Professor Porter is a leading authority on competitive strategy and international competitiveness. He is the author of Competitive Strategy: Techniques for Analyzing Industries and Competitors; Competitive Advantage: Creating and Sustaining Superior Performance; The Competitive Advantage of Nations; and On Competition, all bestsellers in their fields.

"Michael Porter is respected around the globe for his expertise on strategies to build successful businesses in diverse marketplaces," said Kevin Lo, chairman and CEO of X-Collaboration. "He brings to X-Collaboration a visionary approach that will help us fulfill our goal to become the Business Service for Collaboration on the Web."

For an inexpensive yearly fee, X-Collaboration lets geographically dispersed teams assemble, edit, and publish documents via the World Wide Web at x-collaboration.com. Forming an extranet with robust SSL security, flexible administration, high availability and functional scalability, X-Collaboration Software works with Microsoft Office 2000 and a myriad of other applications. The same functionality is available in an OEM version for Web hosting services.

"I am pleased to be part of the growth of a company that is an innovator in an important new market. As an author, strategy advisor, and manager, it was immediately evident to me that X-Collaboration is meeting a pressing need because I confront the need almost every day," said Porter. "So much of what we do today involves groups and teams that cross geographic and company boundaries. X-Collaboration is the first company to truly harness the power and efficiency of the Internet in supporting collaborative work. Someday, everyone will be using tools like these to be more productive."

Professor Porter has served as a counselor on competitive strategy to many leading U.S. and international companies, among them AT&T, DuPont, Navistar, Procter & Gamble, and Royal Dutch Shell. He also serves on the board of directors of Parametric Technology Corporation, R&B Falcon Corporation, and ThermoQuest Corporation. He is active in public service work, having served as a strategy advisor to Brigham & Women's Hospital, the Institute of Contemporary Art, WGBH public television, and other community organizations. He is also founder, chairman, and chief executive officer of the Initiative for a Competitive Inner City, a private sector foundation promoting inner-city business development across the United States.

About X-Collaboration Software Corporation:

X-Collaboration Software Corporation is a leading developer and marketer of X-Collaboration.com, a Web-based business application service for businesses and organizations. Geographically dispersed teams use X-Collaboration.com to manage the assembly, editing and publishing of documents. With robust security, flexible administration and functional scalability, X-Collaboration.com is "The Business Service for Collaboration on the Web."