Workfire.com, Inc. Announces First Genetic Caching Customer
16 August 1999
Workfire.com, Inc. Announces First Genetic Caching Customer
SCOTTSDALE, Ariz.--Aug. 16, 1999--Workfire.com, Inc. (OTC BB:WKFR) announced today that it has reached an agreement with AutoTradeCenter.com (Pink Sheets:AUTC) to integrate Genetic Caching(TM) with AutoTradeCenter's web site."We have been very impressed with Workfire's technology," stated Mike Stuart, President of AutoTradeCenter.com. "The Genetic Caching(TM) server ensures that our customers will get the best possible performance from our web site."
The Workfire Genetic Caching(TM) system will be integrated with AutoTradeCenter's dealer to dealer automotive wholesale auction site. Workfire's system will be used to deliver better site performance to the users of AutoTradeCenter. The Genetic Caching(TM) system allows AutoTradeCenter to focus on their core business and leave performance and optimization issues of their web site to Genetic Caching(TM).
"This is another major milestone for Workfire," stated Tom Taylor, President of Workfire.com, Inc. "AutoTradeCenter is a leader in their field and they have seen the tremendous opportunities that Genetic Caching(TM) will give them. We are extremely pleased to bring such a strong market leader on board as a pilot customer."
Workfire.com, Inc. develops proprietary technology called Genetic Caching(TM) that improves Internet access speed and optimizes Internet bandwidth utilization. Genetic Caching(TM) is a software technology that works with existing hardware and communications systems. The software-only nature of the technology combined with multiple platform support will enable rapid distribution and adoption. Workfire.com, Inc.'s software is designed for all Windows and Linux derivatives. The software will be distributed via download.
Workfire.com, Inc. is a participant in the caching market along with other companies such as Inktomi Corporation , Network Appliance, Inc. and Cacheflow Inc.
Information on Workfire.com, Inc. and its products is available at www.workfire.com.
AutoTradeCenter.com is a leading Internet-based "business-to-business" automotive wholesale and re-marketing company. On its web site, www.autotradecenter.com, the company markets its service to its national dealer base, to automotive lease and rental companies, and to banks and financial institutions across the U.S. who can use the site's many features for more efficient buying, selling and trading.
The site also is designed to provide large dealership groups a virtual private network internal inventory service through controlled security access.
For more information on AutoTradeCenter.com Inc., please visit www.AutoTradeCenter.com.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.