DALLAS, TX. - July 11, 2000 -Data Return Corporation (Nasdaq: DRTN), a leading global provider of managed hosting services for the Microsoft Windows 2000 platform, announced today it has been chosen by InVerge to provide managed services in support of its transaction services platform. InVerge's solutions include a transaction service platform that provides a universal interface to essential commerce services for companies doing business on the Internet. Examples of these services include credit card authorization, settlement and refund, shipping rate calculation and order tracking, tax calculation and others.
"Reliability, advanced hosting capabilities and depth of technical experience were important criteria for choosing a hosting partner," says Michael Anderson, president of InVerge. "By partnering with Data Return, InVerge not only receives comprehensive hosting services, we will also tap into their collective technology community and expertise in Microsoft Windows 2000 based technologies."
Data Return's system architecture for InVerge's transaction services platform operates out of multiple data centers across the country. Prior to deployment, InVerge leveraged Data Return's Scalability Center to ensure transparent integration of its application within Data Return's network. Data Return's proven success in delivering advanced hosting services on the Microsoft platform, along with 24x7 global load balancing with built-in redundancy, ongoing system administration and a state-of-the-art network made Data Return a natural choice for InVerge.
"The InVerge transaction services platform is defining the new standard for delivering services to online businesses," said Sunny C. Vanderbeck, Data Return chairman and CEO. "The online market is now focused on profitable growth. The economics of using a technology platform and universal interface such as InVerge has invented will become necessary for accessing transaction services."
About Data Return
Managing applications for more than 1,000 companies worldwide, Data Return is a leading global provider of advanced managed hosting services based on Microsoft technologies. By specializing exclusively on the Microsoft platform, Data Return provides customers with in-depth technical support and highly redundant, scalable hosting solutions. Data Return customers include Microsoft, Compaq Computer Corporation, RadioShack.com, Texas Instruments, First USA Bank, and many others. In addition to managed hosting services, Data Return also provides managed infrastructure services that enable the rapidly growing market of Application Service Providers (ASPs). Strategic partners and equity shareholders in Data Return include Microsoft, Compaq Computer Corporation, and Level 3 Communications. For more information, visit www.datareturn.com.
About InVerge
InVerge has developed the new standard for delivering services to companies who do business on the Web. Instead of integrating and maintaining software for every service provider, online businesses use the InVerge transaction service platform (TSP) and universal interface to consume services in real-time, by transaction. Through the InVerge platform's single, cost effective point of access, online businesses and service providers reduce cost and increase speed to service. For more information, visit www.inverge.com.
This press release contains forward-looking information. Actual results may differ materially due to a number of risks, including changes in external competitive market factors, changes in or an inability to execute Data Return's business strategy, unanticipated changes in the hosting industry, the economy in general and changes in the use of the Internet. Data Return cannot guarantee future results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in Data Return's Annual Report on Form 10-K for the Year Ended March 31, 2000and are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Data Return does not assume any obligation to update the forward-looking information contained in this press release.
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