Business Services Industry
CHEN PR Announces New Clients
Business Wire, March 27, 2000
Business/Technology Editors
WALTHAM, Mass. and FOSTER CITY, Calif.--(BUSINESS WIRE)--March 27, 2000
EA.com, Fairchild Semiconductor and Netegrity Join Agency's
Impressive Roster of Interactive Entertainment, Telecommunications,
e-Business, Software and Hardware Companies
Strengthening its reputation as one of the country's most sought-after high technology public relations agencies, CHEN PR today announced that it has been awarded accounts from some of the market's hottest companies.
New clients include:
-- EA.com - A new business division of Electronic Arts (Nasdaq:ERTS), the world's largest interactive entertainment software company with annual revenues of $1.2 billion. EA.com, under an agreement with America Online, Inc., (NYSE:AOL), will be the exclusive publisher of content for the AOL Games site. Expected to launch in summer 2000, Electronic Arts will also provide similar proprietary game content with the simultaneous relaunch of its own Web site. Electronic Arts has announced plans to create a new class of common stock, Electronic Arts B Common Stock, that will track the performance of its Internet business division. (www.ea.com).
-- Fairchild Semiconductor International, Inc. (NYSE:FCS) - With an annual revenue run-rate of $1.4 billion and 8,400 employees worldwide, Fairchild defined a new business model for the semiconductor industry focused on high performance building block components that could be sold into a wide variety of
end applications in the telecommunications, Internet, hardware, computer, consumer, industrial and automotive markets. With more than 50,000 customers worldwide, Fairchild completed an initial public offering in August 1999 and a secondary offering in January 2000. The company recently announced that it expects to double its revenues by 2002. (www.fairchildsemi.com)
-- Netegrity, Inc. (NASDAQ:NETE) - a leading global e-commerce infrastructure company that provides solutions for securely managing and personalizing business-to-business, business-to-consumer and Intranet portals, Netegrity's stock price has skyrocketed by more than 1,200 percent during the past year. The company counts among its customers such market leaders as Akamai Technologies and Ingram Micro. (www.netegrity.com)
In addition to welcoming its newest clients, CHEN PR's recent highlights include:
-- Partnering with Sycamore Networks (NASDAQ:SCMR) to define leadership in the optical networking market while launching one of the hottest IPOs in history.
-- Assisting Forte Software with its highly successful diversification into the enterprise application integration market, culminating in its $700 million acquisition by Sun Microsystems (NASDAQ:SUNW).
-- Helping DataSage generate widespread visibility for its best-in-class e-marketing products, leading to its recent acquisition by Vignette Corporation (NASDAQ: VIGN) for $555 million.
-- Working with FirstSense Software to define a new market category - end-user application performance and service-level management software - and on its recent $104 million acquisition by Concord Communications (NASDAQ: CCRD).
About CHEN PR
Founded in 1996, CHEN PR, Inc. provides hands-on, senior-level PR counsel and proactive, results-driven programs to technology companies. The privately held, 35-person agency works with clients ranging from venture-funded startups to global, multibillion-dollar companies. With offices in Boston and the Bay area, clients include Berkeley Enterprise Partners, Electronic Arts (NASDAQ: ERTS), Ennovate Networks, FaceTime Communications, Giganet, Natural MicroSystems (NASDAQ:NMSS) and Squaresoft. For more information, visit the agency's Web site at www.chenpr.com.
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