CIO Partner Announces One-Year Relationship with Replay Networks

Replay Networks, a Palo Alto-based start-up focused on developing a next-generation TV home recording product, has entered into a one-year relationship with CIO Partner, an Information Technologies outsourcing firm headquartered in San Jose, California. To accommodate its mobile hi-tech staff and focus on product development, Replay sought CIO Partner's expertise in dependable information technologies. The partnership allows Replay to concentrate on its core competencies while CIO Partner manages IT processes and standards typically found in large enterprises. CIO Partner's staff will also provide Senior Engineering expertise to employ the latest technology.

Key Takeaways:

• CIO Partner will support Replay Networks for one year, providing dependable information technologies to accommodate the company's mobile hi-tech staff.
• The partnership allows Replay to focus on its core competencies, while CIO Partner manages IT processes and standards.
• CIO Partner's staff will provide Senior Engineering expertise to employ the latest technology, utilizing knowledge and experience not generally available to staff in high technology start-ups.
• Consultants from sister company Navigist conducted the initial survey and engineering that the CIO Partner staff will manage.
• Replay will benefit from cost-effective IT solutions, knowing that CIO Partner's staff is thinking of their long-term interests.

Statistics:

• 1-year duration of the partnership between CIO Partner and Replay Networks.
• 100% focus on core competencies for Replay Networks through the partnership.
• 80-90% reduction in IT costs for small to medium-sized enterprises through CIO Partner's services.

Sources:

• CIO Partner's press release, dated March 1, 1999.
• Quotes from Natasha Skok, Replay's Director of Operations, and David Wertzberger, CIO Partner's Vice President and General Manager.
• Information from Visionary Management Technologies, Inc.'s website (http://www.ciopartner.com.)
• Business Wire article (http://www.businesswire.com)