Business Services Industry
Critical Path Delivers Internet Messaging Infrastructure Solutions to Exploding Latin American Market
Business Wire, Nov 30, 2000
Business Editors/High-Tech Writers
SAO PAULO, Brazil--(BUSINESS WIRE)--Nov. 30, 2000
Critical Path Inc. (Nasdaq:CPTH), the leading provider of Internet messaging infrastructure, today announced it has expanded its presence in Latin America to meet the increasing eBusiness demands of Latin American companies. Through its complete portfolio of messaging infrastructure solutions and its allsourcing strategy, Critical Path is enabling Latin American businesses to achieve their eBusiness objectives by providing them the flexibility to outsource, midsource or insource all or part of their Internet messaging infrastructure needs.
Critical Path's expanded presence in Latin America includes new offices in Brazil and Argentina, in-country sales, support and engineering teams, and resellers throughout the region. This commitment of resources is enabling Critical Path to address the unique business, cultural and linguistic demands of the exploding Latin America market, which IDC estimates will grow from 8.7 million Internet users in 1999 to 29 million in 2003, and will grow to include e-commerce revenues of $15 billion in 2003. By providing scalable, reliable and secure messaging services, Critical Path has quickly become the Internet messaging infrastructure provider of choice in Latin America, with leading Brazilian businesses and service providers among its growing roster of customers including Universo Online, Zip.Net Globo.com and AOL Latin America.
Critical Path provides a comprehensive portfolio of Internet messaging infrastructure solutions such as email, calendaring, secure file services, directory services and wireless access to businesses worldwide. Critical Path's allsource strategy allows companies to completely outsource their entire messaging infrastructure to Critical Path, selectively outsource specific services, deemed midsourcing, or implement Critical Path's solutions in-house, also known as insourcing. Through Critical Path's allsource stragety, companies are able to leverage the most secure, comprehensive and integrated platform of messaging services available, enabling them to effectively add new messaging services for their customers, and achieve their eBusiness objectives.
"With our full range of solutions localized in Spanish and Portuguese, along with in-country sales, service, support and engineering, Critical Path is providing the messaging infrastructure that is fueling the eBusiness explosion in Latin America," said Dave Thatcher, president of Critical Path. "Critical Path is able to meet the unique communication, linguistic and cultural needs of Latin American businesses with the most secure, comprehensive and integrated platform of messaging and collaboration services available."
About Critical Path, Inc.
Critical Path Inc. (Nasdaq:CPTH) ingnites the power of information for eBusiness by providing the Internet messaging infrastructure upon which the new economy is built. The company is a single resource that powers the flow of mission-critical information through an integrated portfolio of secure messaging, directory, data integration and collaboration solutions. Critical Path's technology strengthens all aspects of the eBusiness value chain by providing the messaging infrastructure that fuels customer's new and existing eBusiness initiatives. Critical Path is headquarted in San Francisco, with offices worldwide. More information on Critical Path can be found at www.cp.net
Note to Editors: Critical Path and the Critical Path logo are the trademarks of Critical Path, Inc. All other trademarks are the property of their holders.
The statements in this press release relating to matters that are not historical are forward-looking statements. Actual results could differ materially from these forward-looking statements. Risks and uncertainties facing Critical Path are described in its prospectus dated June 1, 1999 and with its periodic filings with the Securities and Exchange Commission (www.sec.gov).
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