TACOMA, Wash., Jan. 13, 2004 (PRIMEZONE) -- InsynQ, Inc. (OTCBB:ISYN), a premier provider of Internet-delivered online accounting solutions and services, announced today that it has begun development of its 'Always On' utility computing wholesale web services division. The focus of this division is to provide cost-effective services to independently owned and operated Internet Service Providers (ISPs).
John P. Gorst, President and CEO of InsynQ, stated, "An ISP is the first stop for small businesses that need technical advice. By introducing our Always On utility product lineup at an early stage in the relationship between small business and ISPs, we can expand our presence in the market. This venture will have significant benefits by creating a stronger and more diversified company both for InsynQ, as well as with our new wholesale partners, thereby enabling greater efficiencies, infrastructure cost savings, and more diverse products for our customers.
"There are over 7,000 small to mid-size ISPs in the marketplace. In this fast paced arena they are all looking to expand their service offerings by generating not only additional income, but also a market niche separating them from national competitors. For an ISP to compete in today's fast moving market, it must be able to adapt itself to constantly evolving, customer technology. Our Always On utility services will include Virus Protection, Data Storage and hosted software solutions such as Microsoft Office, Intuit Quick Books, Act Sales Force tools, as well as many others. New services will be introduced as frequently as technology advancements are introduced, therefore creating opportunity for customer up-sell."
About InsynQ
InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any web enabled computer, regardless of operating system. What's more, InsynQ subscribers can freely access their software and data from any computer, anywhere in the world. The company also offers IT and network integration consulting, multimedia development, a broad range of business application services, and infrastructure management services. For more information, visit them at www.insynq.com or call 253-284-2000.
Forward Looking Statements
Statements made in this press release that state the Company or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.