EnterConnect Announces New On-Demand Solution Package to Cut IT Costs in These Tough Recessionary Times

Free iSeminar On December 10th Featuring EnterConnect Customer CRE Capital


SAN JOSE, Calif., Dec. 3, 2008 (GLOBE NEWSWIRE) -- EnterConnect Inc. (OTCBB:ECNI), today announced it is offering special introductory pricing on the EnterConnect 9 Complete Platform package which provides on-demand portal solutions for businesses. With this latest offering, customers receive special pricing through December 31, 2008 on EnterConnect's full business portal product suite and free bundled integration services to implement their web-based IT projects quickly and cost-effectively. Customers can reduce IT costs quickly by consolidating their separate Intranet, Extranet and .com Web sites on EnterConnect's on-demand portal platform.

As part of the special price offering, EnterConnect will host a free iSeminar, "Driving Down IT Costs the Smart Way," on Wednesday, December 10, 2008 at 12 p.m. EST (9 a.m. PST) to provide information on how customers can achieve dramatic IT cost savings implementing the EnterConnect on-demand business portal. The seminar will include a product demo for the Complete Platform package and case-study presentation by CRE Capital Corporation on their successful implementation of EnterConnect's business portal solution, which is built on Oracle Fusion Middleware and is an Intel Certified Solution.

In a recent independent survey done for EnterConnect by CIO/IDG Research Services, 77% of the respondents identified cost reduction as the number-one business priority driving current and/or planned use of SaaS enterprise portal solutions, among all company sizes. EnterConnect's newest offering responds to that need with a low total cost of ownership and complete enterprise-proven functionality that can be implemented in days to help streamline operational efficiencies and drive productivity. EnterConnect estimates that businesses can save up to 90% implementing this solution versus traditional on-premise solutions, dramatically reducing their capital expenditures. "According to a recent U.S. Small Business Administration survey, there are over 5 million companies in the United States alone with 1,000 or fewer employees," said Sam Jankovich, CEO of EnterConnect. "We feel they will be very interested in the tremendous IT cost savings this new solution will offer them," he added.

"In the current economic environment, we were looking for the most cost-effective solution for our firm that still offered us all the enterprise functionality we required," said Robert Gaubert of CRE Capital, "EnterConnect has delivered on that vision with a low-cost option as compared to either an on-premise solution or having to build one ourselves internally."

For more information about EnterConnect's Complete Platform package and the upcoming iSeminar, visit http://www.enterconnect.com.

About EnterConnect Inc.

EnterConnect Inc. is a leading provider of enterprise-proven on-demand business portals that improve communication, collaboration and business processes to help companies increase customer satisfaction, growth and productivity. EnterConnect's portals enable customers, employees, partners, suppliers and other stakeholders to securely consolidate, collaborate and connect online -- at anytime, from anywhere -- to accelerate business on-demand. EnterConnect solutions are based on a rich technology foundation in use at more than 50 Fortune 1000 companies. Now available on-demand, these solutions are used at leading organizations across diverse industries including Exide Technologies, John Thomas Capital Management, Piedmont Church, Rheem Manufacturing, Rush University Medical Center and others. For more information, visit http://www.enterconnect.com.

About CRE Capital Corporation

CRE Capital Corporation, in Alpharetta, Georgia, is a distinctive, high-end private investment company offering a progressive process and low-risk, high-yield opportunities to investors. In today's drastically changing global market, it is critical that investors feel confident that their capital is being managed with integrity and discernment. CRE is committed both to handling their clients' investments wisely, honestly, and fairly, and to providing real-time customer servicing. For more information, call 678-518-3700.

Forward-Looking Statements:

Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance and may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of EnterConnect Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. The words "expect," "anticipate," "intend," "plan," "believe," "seek," "estimate," and similar expressions are intended to identify such forward-looking statements. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission.


            

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