USinternetworking, Inc. (USi, Nasdaq: USIX), the leading Application Service Provider, today announced a strategic alliance with Aether Systems, Inc. (Nasdaq: AETH), the leading provider of wireless data products and services, to jointly develop and deliver wireless-enabled managed application services to the enterprise market. In addition, Aether will make a $10 million equity investment in USi as part of a strategic round of funding that also includes an investment from Microsoft Corp. The funding will be used to support the ongoing growth of USi.
The first joint offering - anytime wireless e-mail and messaging services for Microsoft Exchange via Blackberry(TM) by Aether service -is available immediately. This service includes solution planning, application service provisioning, wireless connectivity, device fulfillment and customer support. USi and Aether also plan to roll out wireless-enabled web and e-commerce application services in the next sixty days, in addition to other wireless-enabled enterprise applications next year.
"The market opportunities created through this partnership with Aether are tremendous," said Andy Stern, Chief Executive Officer, USi. "It is natural and inevitable that managed application services and wireless services would intersect. Our customers are asking for these services today. By partnering with Aether, we can rapidly respond to market demand for wireless-enabled applications and lead the ASP market in wireless offerings."
Commented Dave Oros, Chairman and CEO of Aether, "Aether is committed to providing solutions to the enterprise market. Teaming with USi provides Aether with an important and well-positioned ASP partner. By uniting USi's application infrastructure and expertise with Aether's wireless infrastructure and expertise, we will create a platform to develop a new class of services for the enterprise market. Our investment in USi furthers our corporate mission to invest in companies with leading technologies, sound business strategies and outstanding partnerships."
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