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Nacio Named By Intel As Recommended Facility To Offer Hosting Services For Its Closing Intel Online Services (IOS) Clients
HostReview.com NOVATO, CA, Dec. 16, 2002 (INTERNET WIRE via COMTEX) -- eSynch Corp. (ESYN) , which has entered into an escrow and proxy agreement granting it control of the voting and ownership rights of Nacio Systems, announced that Nacio Systems has been listed by Intel(TM) as a recommended hosting facility to offer services to its Intel Online Services clients. In June, Intel announced it would be winding down its IOS web hosting business and would begin working immediately with its customers to ensure their smooth transition to a limited list of service providers. Nacio Systems was among the list of prestigious providers to be named as recommended web hosting companies. Intel's announcement can be read here: www.intel.com/pressroom/archive/releases/20020618corp.htm. Nacio is offering its transition consulting services through their customer-only intranet site called the "Intel Online Customer Care Portal." All IOS customers have access to this portal and will see Nacio's listing. The listing is already generating new business for the Company. "We have been working with Intel to ensure their customers will have a seamless transition to our facilities when they will be faced with choosing the right hosting company in mid 2003. Our wide range of dedicated and shared hosting services is designed to meet the needs of different customers and applications. Nacio and Intel are both confident Nacio has the technology and power to deliver the services Intel is providing," says Vince Conroy, CTO of Nacio. "Intel(TM) clients can be moved here without the usual headache associated with moving to a new provider," he added. About Nacio Nacio Systems, Inc. (www.nacio.com) is one of the early leaders in the managed hosting and managed services market, providing full-service, high performance, commercial-grade Internet connectivity and wide area networks solutions for businesses that rely on the Internet for daily operations. This includes managed server hosting, collocation, and a full range of managed services. Server platforms include Windows 2000, Solaris, and Linux. Nacio also provides database servers and support for Macromedia Cold Fusion MX and JRun 4 J2EE application servers. About eSynch eSynch (www.esynch.com), founded in 1994, is a software development company that designs and distributes turnkey and customized solutions for the digital delivery of rich media content. The Company's premiere product, MediaOffice(TM), is a suite of browser-based administration tools allowing secure and Internet distribution of business media content. MediaPod Player, an audiovisual presentation platform with interactive search and navigation capabilities and MediaMosaic, which incorporates streaming video, fully searchable transcripts synchronized to the video are other leading indicators of the Company's strength in this space. Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, the ability to negotiate outstanding prior debts of acquired companies; properly identify acquisition partners; adequately perform due diligence; manage and integrate acquired businesses; raise working capital and secure other financing; respond to competition and rapidly changing technology; deal with market and stock price fluctuations; and other risks. These risks are and will de detailed, from time to time, in eSynch's Securities and Exchange Commission filings, including form 10-KSB for the year ended Dec. 31, 2001, and subsequent Forms 10-QSB and 8-K. Actual results may differ materially from management's expectations.
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