OPENCONNECT ANNOUNCES NEW SUBSCRIPTION-BASED ALTERNATIVE PRICING PLANS FOR ALL PRODUCT OFFERINGS

 

DALLAS, August 29, 2002 — OpenConnect Systems, Inc., a leading provider of innovations for e-business, today announced new subscription-based alternative pricing plans for all of OpenConnect's product offerings. This offering delivers an alternative procurement option to serve our customers.

 

With over 2,000 customers, WebConnect provides a scalable, secure out-of-the box solution for merger integration, extranets, and intranets. Business-critical information can be shared with new users, business partners and suppliers - without compromising security or requiring modifications to the original applications. With built-in industry standard RSA encryption, support for RACF (Resource Allocation Control Facility), and SNA session level security, it is the most secure solution available today.

 

Benefits of the program include:

 

* Special introductory savings of up to 50%

* No capital expenditure

* You choose the subscription period (3, 6,12 or 24 months)

* Flexibility to rapidly add or reduce users as your project progresses

* Our world-class support is included in the subscription price

* Free software updates

* Savings from our concurrent user licensing model vs. the competition’s per seat charge

* No commitment beyond subscription period

 

"The scalability and feature set of WebConnect makes it suitable for a vast array of applications, and this program will allow many of our customers to begin new projects now that may lack adequate funding," stated Alex Moulas, Vice President of Sales. "Most of our customers achieve a positive payback in a matter of months and with our aggressive introductory pricing the payback will occur even quicker."

 

For more information about OpenConnect's new pricing model, please call (972) 888-0470 or enroll at http://www.openconnect.com/subscriptions.

 

About OpenConnect Systems

 

OpenConnect, WebConnect and eXtremeVista are trademarks of OpenConnect. All other products mentioned are registered trademarks or trademarks of their respective companies.