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Santa Fe Natural Tobacco Company Selects Corio Applications on
Demand(TM)
'Software as a Service' Model Chosen to Deliver Enterprise Applications
SAN CARLOS, Calif., May 4 /PRNewswire-FirstCall/ -- Corio, Inc. (
http://www.corio.com/press ), a leading enterprise application service
provider, today announced that Santa Fe Natural Tobacco Company (SFNTC), has
chosen Corio Applications on Demand(TM) for its enterprise financial
applications. SFNTC will deploy the Corio Full Service(TM) delivery model and
Corio Disaster Recovery(TM) for infrastructure, application management and
support services.
(Photo: http://www.newscom.com/cgi-bin/prnh/20031231/CORIOLOGO )
Santa Fe Natural Tobacco Company was founded in 1982 and is the maker of
Natural American Spirit tobacco products. SFNTC is a wholly owned, independent
operating subsidiary of R.J. Reynolds Tobacco Holdings (NYSE:RJR), the
second-largest cigarette manufacturer in the United States.
Corio Applications on Demand(TM) is a service that delivers enterprise
applications from leading independent software vendors. Customers 'pay-as-
you-go' and avoid expensive upfront project and infrastructure costs. With
Corio Applications on Demand(TM), IT workloads are more efficiently managed and
overall IT costs are reduced. Through Corio Disaster Recovery(TM), SFNTC will
receive a premium service designed to minimize data loss and guarantee business
continuity in the case of catastrophic failure. Corio Applications on
Demand(TM), the Corio Full Service(TM) delivery model, and Corio Disaster
Recovery(TM) are available for a monthly fee.
"Corio Applications on Demand(TM) enables our IT organization to become more
efficient," said John Franzino, CFO at Santa Fe Natural Tobacco Company. "We
chose Corio because of their expertise and capability to provide the security
and reliability that we require."
"On demand services improve the delivery of enterprise applications," said John
Ottman, executive vice president of Worldwide Markets at Corio. "We are very
pleased to add Santa Fe Natural Tobacco Company to our growing list of
customers."
About Corio, Inc.
Corio, Inc. (NASDAQ:CRIO) is a leading enterprise application service provider
(ASP). Corio Applications on Demand(TM) is a service that delivers enterprise
applications from leading software vendors for a monthly fee. Corio provides
infrastructure, applications management, professional services and Corio iSRVCE
technology resource management (TRM) software. Corio guarantees system
reliability through service level agreements (SLAs) and allows customers to
'pay-as-you-go,' minimizing expensive upfront project costs, improving return
on investment (ROI) and reducing IT cost overall. Additional information about
Corio is available at http://www.corio.com/ .
About Santa Fe Natural Tobacco Company
Santa Fe Natural Tobacco Company, maker of Natural American Spirit
additive-free tobacco products, is a small company founded in Santa Fe, New
Mexico in 1982 with the purpose of producing high-quality, additive-free
natural tobacco products. In January 2002, R.J. Reynolds Tobacco Holdings
acquired Santa Fe Natural Tobacco Company, Inc. Santa Fe Natural continues to
operate as an independent and autonomous subsidiary of R.J. Reynolds Tobacco
Holdings. Additional information about Santa Fe Tobacco is available at
http://www.nascigs.com/ .
Corio, iSRVCE and SRVCE are registered trademarks of Corio, Inc. Applications
on Demand(TM) is a trademark of Corio, Inc. All other product and company
names mentioned herein may be the trademarks of their respective owners.
FORWARD LOOKING STATEMENT:
Matters discussed in this release involving expectations, beliefs, plans,
projections, intentions, future events or strategies are forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities and Exchange Act of 1934, as amended,
and the Private Securities Litigation Reform Act of 1995, and are made under
their safe-harbor provisions. Such forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those projected. Forward-looking statements herein include
statements regarding the services to be provided by Corio to SFNTC, the
benefits of Corio's relationship with SFNTC to Corio and SFNTC, and the
benefits of Corio's services to customers generally. Some of the specific
factors that may cause actual results to differ include: the fact that Corio
operates in a new industry with a rapidly-evolving business model, the fact
that the structure of relationships may change and relationships may terminate,
the fact that services related to information technology can be challenging,
and Corio's ability to adapt its services for rapidly changing and complex
technology and to different requirements. Additional risks that could cause
actual results to differ materially from those projected are discussed in our
public filings with the Securities and Exchange Commission which are available
at the Securities and Exchange Commission's website (http://www.sec.gov/).
Readers are cautioned not to place undue reliance on these forward-looking
statements, which reflect management's analysis only as of the date hereof.
Corio undertakes no obligation to publicly release the results of any revision
to these forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events, and Corio shall have no duty to update statements made
herein.
http://www.newscom.com/cgi-bin/prnh/20031231/CORIOLOGO
http://photoarchive.ap.org/
DATASOURCE: Corio, Inc.
CONTACT: Heather Kelly of S&S Public Relations, Inc., +1-888-275-5878,
, for Corio, Inc.
Web site: http://www.nascigs.com/
http://www.corio.com/press