SAN FRANCISCO (January 14, 2003) — Critical Path, Inc. (Nasdaq: CPTH), a global leader in digital communications software and services, today announced that Hutchison 3G has selected the Critical Path™ Internet File Server to provide online file storage and sharing services to customers. The Critical Path solution will be the foundation for Hutchison 3G's new storage service giving consumers the ability to manage, store and share a full range of multimedia content.
Hutchison 3G, which will offer third-generation mobile multimedia and communications services under the 3 brand, will initially deploy the Critical Path solution in the UK, followed by the other markets where Hutchison Whampoa holds 3G licenses.
"We selected Critical Path because its solution enables us to attract customers with its rich, intuitive multimedia and sharing capabilities," said Lisa Gernon, strategy and marketing director, Hutchison 3G UK. "Critical Path's Internet File Server integrates effectively with our existing infrastructure. The breadth and flexibility of the Critical Path solution will enable us to develop our services as we go forward."
"We continue to see demand from global carriers for new value-added services that help drive traffic and generate new revenue," said William McGlashan, Jr., chairman and chief executive officer of Critical Path. "Subscribers want to be able to save and share fun multimedia content, and Critical Path provides a secure and highly efficient online service that provides users with rich intuitive features for storing, accessing and sharing their favorite photos, music and video files from anywhere."
About 3
Hutchison 3G UK Limited will deliver third-generation mobile multimedia and communications services under the 3 brand in the UK, offering a convergence of media, information and telephony to enable live video calls, multimedia content and entertainment while on the move.
3 services will be available from sister companies in Australia, Austria, Denmark, Hong Kong, Ireland, Italy, Israel and Sweden.
For further information, please visit: www.three.co.uk.
About Critical Path, Inc.
Critical Path, Inc. (Nasdaq: CPTH) is a global leader in digital communications software and services. The company provides messaging solutions — from wireless, secure and unified messaging to basic email and personal information management — as well as identity management solutions that simplify user profile management and strengthen information security. The standards-based Critical Path Communications Platform, built to perform reliably at the scale of public networks, delivers the industry's lowest total cost of ownership for messaging solutions and lays a solid foundation for next-generation communications services. Solutions are available on a hosted or licensed basis. Critical Path's customers include more than 700 enterprises, 190 carriers and service providers, eight national postal authorities and 35 government agencies. Critical Path is headquartered in San Francisco. More information can be found at www.criticalpath.net.
Forward-Looking Statements:
This press release contains forward-looking statements by the Company and its executives regarding the performance, security, scalability and interoperability of our product and service offerings, the ability of our customers to achieve cost savings in the provision of services, industry trends, market and customer requirements, the ability of our products and services to meet the business needs of our customers, the market for products and services like ours and the performance of our senior management in achieving strategic goals. The words and expressions "look forward to," "will," "expect," "plan," "believe," "seek," "strive for," "anticipate," hope," "estimate" and similar expressions are intended to identify the Company's forward-looking statements. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, our evolving business strategy and the emerging and changing nature of the market for our products and services, our ability to deliver on our sales objectives, the ability of our technology and our competitors' technologies to address customer demands, changes in economic and market conditions, unplanned system interruptions and capacity constraints, software and service design defects. These and other risks and uncertainties are described in more detail in the Company's filings with the U.S Securities and Exchange Commission (www.sec.gov) made from time to time, including Critical Path's Annual Report on Form 10-K for the fiscal year ended December 31, 2001, and the Quarterly Report on Form 10-Q for the quarters ended March 30, June 30, and September 30, 2002, all as may be amended from time to time.
Note to Editors: Critical Path and the Critical Path logo are the trademarks of Critical Path, Inc. All other trademarks are the property of their holders.
# # #
Contact Information:
For Reporters:
Horn Group
Katey Stewart
415.905.4019
kstewart@horngroup.com For Financial Analysts:
Critical Path, Inc.
Mike Bishop
415.541.2619
mike.bishop@criticalpath.net
Ernst van der Ploeg
Regional Sales Director
for Critical Path Netherlands
+31 (0) 6 512 77060 phone
+31 (0) 6 105 48013 fax
A Global Leader in Digital Communications Software and Services