SOFTONNET TEAMS WITH BSEEN
TO ENTER GLOBAL MARKET
Korean developer of unique Application Streaming software
poised to expand Internationally
SEOUL ? 10 December 2003 - SoftonNet, one of South Korea?s major software developers, and BSEEN, a world-wide Strategic Business Outsourcing company, announced today that they have signed a Business Partnership Agreement to take SoftonNet?s unique Z!Stream and related products to markets throughout the World.
?Broadband is rapidly becoming ubiquitous, even in our homes, offering all of us the opportunity to communicate in ways that would have been impossible only a year or two ago,? said Dr. Dongho Song, the President of SoftonNet. ?We have taken advantage of this opportunity to develop our Z!Stream product.?
Z!Stream uses broadband connections to enable high-speed interactive streaming communication between a user device, be it a PC or a Mobile or other post-PC device, and a suitably equipped Server. The Applications of such high-speed interactive communications are almost unlimited.
Dr. Song quoted, as an example, the use of Z!Stream to revolutionize the way in which we access standard office applications such as word processing or financial spreadsheets. ?Now we do not need to spend time and money loading these programs onto our own devices, with all the problems of keeping them updated, but instead we will access a Server and use only that part of the program that we need for our current task. The Server may be a Corporate facility, but in many cases it will be a publicly accessible ASP and we will pay for the Server resident software on the basis of usage?.
Ms. Azita Nader, the Chief Executive Officer of BSEEN, commented, ?We were attracted by Z!Stream because it is not modeled on a typical dumb terminal accessing an intelligent Server configuration, a system that many users do not like for a number of reasons of which privacy and security are major concerns, but rather Z!Stream allows small parts of the program to run on the client platform and the actual word processing, for example, is accomplished on the user?s own client and the output is stored on his own hard disc.?
Asked what she thought were the chances of the success of this product in world markets, Ms. Nader was most positive. ?It is an excellent and unique product which has numerous applications in almost every aspect of computing. With BSEEN?s extensive knowledge of the particular market requirements in many different countries and cultures, we are able to work closely with SoftonNet to adapt Z!Stream when necessary to meet those specific requirements. Through our world wide network of highly experienced executives and especially through our Board Advisors, all of them acknowledged leaders in their respective fields, we are able to offer SoftonNet a marketing resource second to none.?
About SoftonNet
SOFTonNET is a Seoul based company, having its overseas operations in Tokyo and San Jose. The company develops Application streaming product to help enterprises more efficiently manage and reduce the cost of deploying and administering palmtops, desktops, servers and portable PC?s. The company is poised to take the market by storm with its novel and cutting edge product called ?Z!Stream?, Z!Stream is a patent-pending unique product, based on a virtual machine with distributed virtual paging(DVP) technology for streaming application programs. Z!Stream is a powerful software that revolutionizes the way in which the application software and web service compliant legacy software through adapters are searched, bounded and delivered over the Internet.
About BSEEN
BSEEN International Organization is a global consulting and services company that is uniquely positioned to deliver Strategic Business Outsourcing to a selected group of emerging Information Technology and Communications enterprises that seek growth outside their home base into key world markets. To meet that objective, BSEEN fulfils a new and critical need in technology outsourcing by exclusively focusing on facilitating the business development and marketing and sales infrastructure process. BSEEN also assists in debt and equity raising to achieve the best possible return on capital. These value-creating approaches enable companies to reduce go-to-market costs and business risk, while deploying scarce resources to maximize on-going investment in their core competencies.
Contact Information
SoftonNet , Inc. :
Dongho Song
Tel : 82-2-551-5250
<dhsong@softonnet.com>
BSEEN International Organization Limited:
Esther Kwan
Tel: (6012) 233 2211
<esther.kwan@bseen-int.org>