Kristin Kryway, 415/369-6718 or
[email protected]
USWeb/CKS Backs CenterBeam Inc.'s Efforts To Build A New Internet Model for The Small Business Market
SAN FRANCISCO - August 9, 1999 - USWeb/CKS (Nasdaq:USWB), a leading Internet professional services firm, today announced that it has invested in CenterBeam Inc., a new venture founded by USWeb co-founder, executive vice president and CTO Sheldon Laube. The financial terms of the relationship were not disclosed.
USWeb/CKS supports CenterBeam's mission to provide small businesses with a robust, reliable computing environment, including all the necessary hardware, software, Internet access, security, and support and service. Mr. Laube will continue to consult on the overall technology vision of USWeb/CKS, while serving as the co-founder and CEO of CenterBeam Inc.
"CenterBeam's vision to transform and streamline the way small businesses access and utilize technology, such as the Internet, is in line with USWeb/CKS's overall mission to help clients maximize time-to-value in the digital age," said Robert Shaw, CEO. "For us, this is a logical extension of e-services. CenterBeam and USWeb/CKS will help small businesses compete real-time in the Internet economy."
About CenterBeam, Inc.
Founded in 1999, CenterBeam, Inc. is dedicated to making the Internet work for small business. CenterBeam, Inc. provides a total managed infrastructure that provides its customers with the most appropriate technology for their business. The privately held company investors include CrossPoint Venture Partners, Accel Partners, NEA, Microsoft and USWeb/CKS. Headquartered in Santa Clara, Calif., the company can be reached at 408/844-0900. For information on the company visit: http://www.centerbeam.com.
About USWeb/CKS
USWeb/CKS, a leading professional services firm, works with companies to define strategies and implement innovative ways to build their businesses by combining the expertise of strategy, Internet technology and marketing communications. USWeb/CKS helps clients differentiate their products and services, strengthen customer relationships, leverage human capital and improve business efficiency in the digital economy. With more than 3,000 professionals, USWeb/CKS has helped hundreds of businesses advance their marketing communications programs as well as traditional IT and Internet systems -- everything from brand development and advertising to business process automation and e-commerce solutions. The company is headquartered in San Francisco, Calif. Additional information about USWeb/CKS is available by calling 415/284-7070.
This press release contains "forward-looking statements" (as defined under securities law) about USWeb/CKS' plans and expectations regarding its relationship with and investment in CenterBeam as well as regarding CenterBeam's activities, success and impact. The actual results of CenterBeam's activities and the effect on USWeb Corporation of the CenterBeam relationship and investment could vary materially and adversely from the description in the forward-looking statements for a number of reasons, including a failure of CenterBeam for any reason to successfully implement its business model, a failure of the CenterBeam business model to achieve market acceptance, a lack of CenterBeam customers choosing USWeb/CKS for professional services, and distraction of USWeb/CKS management personnel, including Mr. Laube, from other USWeb/CKS initiatives, among other factors. For additional information about factors that could affect the businesses of USWeb/CKS, see the documents filed with the United States Securities and Exchange Commission.