Santa Fe Natural Tobacco Company Selects Corio Applications on Demand(TM)
May 04 2004 - 9:30AM
PR Newswire (US)
Santa Fe Natural Tobacco Company Selects Corio Applications on
Demand(TM) 'Software as a Service' Model Chosen to Deliver
Enterprise Applications SAN CARLOS, Calif., May 4
/PRNewswire-FirstCall/ -- Corio, Inc. ( http://www.corio.com/press
), a leading enterprise application service provider, today
announced that Santa Fe Natural Tobacco Company (SFNTC), has chosen
Corio Applications on Demand(TM) for its enterprise financial
applications. SFNTC will deploy the Corio Full Service(TM) delivery
model and Corio Disaster Recovery(TM) for infrastructure,
application management and support services. (Photo:
http://www.newscom.com/cgi-bin/prnh/20031231/CORIOLOGO ) Santa Fe
Natural Tobacco Company was founded in 1982 and is the maker of
Natural American Spirit tobacco products. SFNTC is a wholly owned,
independent operating subsidiary of R.J. Reynolds Tobacco Holdings
(NYSE:RJR), the second-largest cigarette manufacturer in the United
States. Corio Applications on Demand(TM) is a service that delivers
enterprise applications from leading independent software vendors.
Customers 'pay-as- you-go' and avoid expensive upfront project and
infrastructure costs. With Corio Applications on Demand(TM), IT
workloads are more efficiently managed and overall IT costs are
reduced. Through Corio Disaster Recovery(TM), SFNTC will receive a
premium service designed to minimize data loss and guarantee
business continuity in the case of catastrophic failure. Corio
Applications on Demand(TM), the Corio Full Service(TM) delivery
model, and Corio Disaster Recovery(TM) are available for a monthly
fee. "Corio Applications on Demand(TM) enables our IT organization
to become more efficient," said John Franzino, CFO at Santa Fe
Natural Tobacco Company. "We chose Corio because of their expertise
and capability to provide the security and reliability that we
require." "On demand services improve the delivery of enterprise
applications," said John Ottman, executive vice president of
Worldwide Markets at Corio. "We are very pleased to add Santa Fe
Natural Tobacco Company to our growing list of customers." About
Corio, Inc. Corio, Inc. (NASDAQ:CRIO) is a leading enterprise
application service provider (ASP). Corio Applications on
Demand(TM) is a service that delivers enterprise applications from
leading software vendors for a monthly fee. Corio provides
infrastructure, applications management, professional services and
Corio iSRVCE technology resource management (TRM) software. Corio
guarantees system reliability through service level agreements
(SLAs) and allows customers to 'pay-as-you-go,' minimizing
expensive upfront project costs, improving return on investment
(ROI) and reducing IT cost overall. Additional information about
Corio is available at http://www.corio.com/ . About Santa Fe
Natural Tobacco Company Santa Fe Natural Tobacco Company, maker of
Natural American Spirit additive-free tobacco products, is a small
company founded in Santa Fe, New Mexico in 1982 with the purpose of
producing high-quality, additive-free natural tobacco products. In
January 2002, R.J. Reynolds Tobacco Holdings acquired Santa Fe
Natural Tobacco Company, Inc. Santa Fe Natural continues to operate
as an independent and autonomous subsidiary of R.J. Reynolds
Tobacco Holdings. Additional information about Santa Fe Tobacco is
available at http://www.nascigs.com/ . Corio, iSRVCE and SRVCE are
registered trademarks of Corio, Inc. Applications on Demand(TM) is
a trademark of Corio, Inc. All other product and company names
mentioned herein may be the trademarks of their respective owners.
FORWARD LOOKING STATEMENT: Matters discussed in this release
involving expectations, beliefs, plans, projections, intentions,
future events or strategies are forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities and Exchange Act of 1934, as
amended, and the Private Securities Litigation Reform Act of 1995,
and are made under their safe-harbor provisions. Such
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those projected. Forward-looking statements herein include
statements regarding the services to be provided by Corio to SFNTC,
the benefits of Corio's relationship with SFNTC to Corio and SFNTC,
and the benefits of Corio's services to customers generally. Some
of the specific factors that may cause actual results to differ
include: the fact that Corio operates in a new industry with a
rapidly-evolving business model, the fact that the structure of
relationships may change and relationships may terminate, the fact
that services related to information technology can be challenging,
and Corio's ability to adapt its services for rapidly changing and
complex technology and to different requirements. Additional risks
that could cause actual results to differ materially from those
projected are discussed in our public filings with the Securities
and Exchange Commission which are available at the Securities and
Exchange Commission's website (http://www.sec.gov/). Readers are
cautioned not to place undue reliance on these forward-looking
statements, which reflect management's analysis only as of the date
hereof. Corio undertakes no obligation to publicly release the
results of any revision to these forward-looking statements that
may be made to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events, and
Corio shall have no duty to update statements made herein.
http://www.newscom.com/cgi-bin/prnh/20031231/CORIOLOGO
http://photoarchive.ap.org/ DATASOURCE: Corio, Inc. CONTACT:
Heather Kelly of S&S Public Relations, Inc., +1-888-275-5878, ,
for Corio, Inc. Web site: http://www.nascigs.com/
http://www.corio.com/press
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