Amaze offers `FAST alternative` to concerned FAST and Convera Customers

Released on = August 30, 2007, 2:48 am

Press Release Author = Amaze / Wildfire PR

Industry = Internet & Online

Press Release Summary = Web technology company to provide safe option to customers
of failing internet search company

Press Release Body = London, 30th August, 2007: Amaze, a web technology solutions
company, is offering a safe option to customers of Norwegian FAST Search & Transfer
who are facing uncertainty following FAST's larger than expected second quarter
losses and recent revenue restructuring. Known as 'FAST alternative', the programme
is available immediately and will see Amaze use its expertise and knowledge of
Autonomy's, meaning-based computing platform IDOL, to guarantee business continuity
for FAST and Convera customers.

On 8th August, FAST reported an operating loss of $37.8 million, down from last
year\'s $3.9 million profit. Sales, meanwhile, came in at $34.1 million, down from
last year\'s $38.5million, and around $20 million below analyst revenue expectations
of $53.5 million to $57 million. These losses, combined with the company's recent
announcement of its change in revenue recognition policy, a $55m restructuring
charge and significant lay-offs, has prompted many to question the stability and
viability of the company.

'FAST alternative' is designed to help existing FAST customers examine options and
ensure they have a solid future information management strategy and enterprise
search platform. The programme offers several benefits including credits for
investment in existing systems, collaborative forums, educational initiatives,
reference materials, as well as enterprise search best practice workshops to learn
about how to get the most out of information assets, to ensure support for both
short and long term needs.

"It's a worrying time for all FAST customers, who rely on the company's real-time
search and analysis functionality to do their jobs accurately and successfully,"
commented Stuart Melhuish, CEO, Amaze. "By offering the 'FAST alternative'
programme, we can work with customers to not only ensure business continuity but to
suggest and implement new and innovative products and solutions that can improve
their business efficiency."



Notes to Editors:

For further press information please contact:
Laurie Glimmerveen
Wildfire PR
Tel: 0208 339 4420
Email: amaze@wildfirepr.co.uk

About Amaze:
Amaze is a web technology solutions company. Their user focused approach combines a
client\'s business objectives with user needs to deliver consultancy and solutions
which innovate the way organisations use web technologies and deliver results. They
offer a broad range of solutions including Business Efficiency Applications, Digital
Marketing, Portals and Knowledge Management and e-Learning.


Web Site = http://www.amaze.com

Contact Details = Laurie Glimmerveen
Wildfire PR
Tel: 0208 339 4420
Email: amaze@wildfirepr.co.uk

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •