RENO, NV Sep 01, 2000 MessageHero, Inc. (www.messagehero.com), a Silicon Valley-based technology company pioneering true Unified Messaging solutions, has become a portfolio company of the Crimsonica Group (www.crimsonica.com), an international provider of funding, strategic planning, executive resources and technology infrastructure to businesses in the Internet economy.
"Both companies are excited to announce this partnership," said Robert M. Sigler, founder, CEO and president of Crimsonica, and Michael Kowitz, founder and CEO of MessageHero, in a joint statement Friday.
"Crimsonica assets and resources will enable MessageHero to fully develop its unique Unified Messaging technology."
As a Crimsonica portfolio company, MessageHero can realize its goal of bringing cost-effective Unified Messaging solutions and services to everyone--particularly business clients who seek to efficiently manage message retrieval time.
"This is great news for Internet users worldwide," said Kowitz. "By offering a scalable solution that doesn't require additional hardware or software, MessageHero's technology will revolutionize the way consumers and professionals communicate."
MessageHero represents a core holding for Crimsonica venture management in the technology and telecommunications industry. It represents the first of a series of projects that Crimsonica will pursue from its new office established in San Jose, Calif.
"MessageHero represents a best-of-breed company, with a superior, scalable business plan driven by a world-class management team," Sigler said.
Unified Messaging is the centralization and storage of email, voicemail and faxes. Messages are accessible via the Internet and other web-enabled multimedia devices.
About MessageHero, Inc.
MessageHero, Inc., is a Silicon Valley-based technology company that offers true Unified Messaging solutions. The company's patent-pending service consolidates email and voicemail messages at one Internet location, allowing users to access and respond to their messages in real time. MessageHero also stores and organizes these messages in real time. MessageHero also stores and organizes these messages, providing advance user archival capabilities. MessageHero saves users thousands of dollars in upfront hardware and software costs by offering a fully scalable software solution that does not require additional user software or hardware. It's the ideal solution for small businesses, large organizations and professional communities. MessageHero, founded by Michael David Kowitz in July 1998, plans to launch premium Unified Messaging service in late 2000.
About Crimsonica
Crimsonica provides funding, strategic planning, executive resources and technology infrastructure to businesses in the new Internet economy, from start-ups to publicly traded companies, plus investment opportunities to institutional and accredited investors. The Crimsonica Group is composed of a distributed network of expert professional service companies complimented by a private equity group. These operations range from a New York-based investment bank to numerous West Coast technology and strategy companies, all bringing world-class services to large clients or to startup firms worldwide. Crimsonica clients and portfolio companies range from Hewlett-Packard (www.hp.com) and Agilent Technologies (www.agilent.com), to start-ups such as GalleryRow.com (www.galleryrow.com), MessageHero (www.messagehero.com), and LevelEdge.com (www.leveledge.com). The Crimsonica model includes a venture management program focused on a small pipeline of aggressively managed companies with the support of world-class strategic partners and an extensive expert network. Rather than selling services, Crimsonica forms partnerships in a system designed to increase the probability of business success.
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