September 25, 2004 - Phasedata Expands License Relationship for Its New Technology
Rochester, New York. - September 25, 2004 - Leading Business Purchases Additional Contract and License For Phase.


 

PRESS RELEASE - Rochester, NY, September 25, 2004... Phasedata Corp, (www.phase.com), a premier developer of content, customer and order management solutions for the online e-commerce market, today announced that Burkeshire Solutions has licensed Phasedata's revolutionary PhaseTM ecommerce software solution. The specific technology licensed in this order is the Phase Engine, PhaseTM is the Company's flagship e-commerce solution, which securely enables management of content, customers and orders for businesses worldwide.

Sales of PhaseTM represented 57% of total Company revenues in the last two quarters. Currently, the PhaseTM  users' group consists of hundreds of the world's successful online organizations. As compared with earlier sales, which were primarily for initial licenses to new customers, more recent sales also reflect increasing demand for additional licenses and license expansions by existing customers. Phasedata's management believes that the latter trend is a strong indicator of market acceptance, which is a major milestone in the launch of a revolutionary software product. This quarter, the Company released its second core feature, manageable security parameters.

Burkeshire Solutions -- one of the leading web development and end-to-end business consultants -- discovers, develops, invests and markets new technologies and emerging companies in the online medium.

In commenting on these results, Anthony Maza, Vice President and IT Director, said, "We are very pleased to have gained the confidence of our colleagues at this industry giant. The purchases of our Phase technology, coupled with recently announced license expansions by other users, confirms for us the value and market acceptance of our new technology. This trend has also allowed us to introduce a new, integrated technology, which better reflects the real value of our solutions. Our backlog of potential sales continues to grow, with substantial sales now in process for both Europe and North America. We are very optimistic about the continuing sales of Phase TM and the expanding base for our next three products, which are scheduled for release over the next two quarters."

About Phasedata, Corp.
Phasedata delivers customer-centered web solutions using best-of-breed technologies that meet the requirements of the demanding, dynamic market of emerging enterprises. Phasedata�s systems integration services include strategy, implementation and support for customer-centered web solutions, including electronic commerce. Phasedata is a rapidly growing company, headquartered in Carson City, NV. For more information, visit the Phasedata web site at http://www.Phasedata.com or call 1-800-587-6427
 

Safe Harbor Statement Under the Private Securities Litigation Act 1995- With the exception of historical information, the matters discussed in this press release are forward looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to, changes in the internet industry's acceptance of the Company's products, the appearance of significant competition for the Company's products, financial performance in future quarters, and the timing and ultimate delivery of new products by the Company.
 



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