SAN FRANCISCO and GENEVA (October 13, 2003) – Critical Path, Inc. (Nasdaq: CPTH), a leader in digital communications software and services, announced that its Hosted Messaging service has been recognized by the Swiss Application Service Provider Consortium for its “breadth, maturity, and successful implementations.” The Consortium commended Critical Path for having the largest installed base as represented by number of implementations and number of users.
The “1. Swiss ASP” award was recently presented at the Orbit/Comdex 2003 Fair in Basel, Switzerland to outstanding enterprise solutions that are delivered through online and Web-based services in Switzerland. Critical Path won for its highly scalable messaging platform that enables carriers, service providers, government agencies, and enterprises to rapidly and cost-effectively deliver messaging services to consumers and business users throughout the world.
“Critical Path is honored to have our Hosted Messaging service recognized by this award,” said Tracy Currie, executive vice president and general manager of hosted services for Critical Path. “It reflects our commitment to offering the industry’s broadest range of functionality combined with the lowest cost of ownership for messaging.”
Critical Path pioneered the Hosted Messaging category with its launch in 1997 and provides mail services for millions of users around the world. In April 2003, Critical Path launched its next-generation hosted service with HP based on Critical Path’s Communications Platform for service providers and large enterprises. T-Mobile and Virgin.net [PTC1] are among the first new customers of this service with advanced mobility and collaboration features for consumers and businesses. Critical Path enables service providers and large enterprises to dramatically reduce the cost of providing messaging applications to both consumers and businesses. Critical Path’s platform also enables service providers to drive revenues through its premium messaging services. Additional information is available at www.criticalpath.net.
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, 200 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, 2002,and Quarterly Report on Form 10-Q for the fiscal q arters ended March 31 and June 30, 2003, as may be amended from time to time, and all subsequent filings with the Securities and Exchange Commission (www.sec.gov). The company makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.
Ernst van der Ploeg
Regional Sales Director
for Critical Path BENELUX
+31 (0) 6 512 77060 phone
+31 (0) 6 105 48013 fax
A Global Leader in Digital Communications Software and Services