Apr 12th, 1999
SAN ANTONIO - GlobalSCAPE Inc., a wholly owned subsidiary of American TeleSource International Inc. ("ATSI") (OTC BB:AMTI), announced today that its flagship product, CuteFTP(tm), is currently available in CompUSA Inc.'s (NYSE:CPU - news) 209 stores nationwide. Distribution of the product is made possible through GlobalSCAPE's arrangement with Tech Data Corporation (NASDAQ/NMS:TECD - news), a leading full-line distributor of technology products worldwide.
GlobalSCAPE's CuteFTP(tm) product gives Internet users the ability to quickly upload, download, transfer and edit files on and between FTP servers around the world. It is a Windows® based software allowing users the capability of FTP without needing to know the technical details of the protocol itself. CuteFTP(tm) is primarily marketed and distributed electronically (on-line) over the Internet. Mass appeal for CuteFTP(tm) has been generated due to its user-friendly interface, yet strong functionality. Nearly 5 million Internet users have made CuteFTP(tm) their software of choice and more than 450,000 downloads of the product occur each month from GlobalSCAPE's Web site.
Sandra Poole-Christal, GlobalSCAPE's President, stated, "A key component of our strategy is to rapidly achieve critical mass. With CuteFTP(tm), GlobalSCAPE owns a proven and relevant technology for all Internet users. Being the first real Web player in a category is a major competitive advantage, and we have proven that we are successful in this area by having quickly deployed product to nearly 5 million users. The CompUSA deal complements this component of our strategy by opening up an additional distribution channel, while simultaneously increasing brand recognition and exposure for this already popular software product."
Gary Bale, CompUSA's Vice President of Merchandising/Software and Accessories, commented, "We are pleased to offer the unique functionality of CuteFTP(tm). We believe that its ease of use will make it a hit with our customers who need to complete FTP file transfers but don't know the proper protocol."
Tech Data Corporation, founded in 1974, is a leading full-line distributor of technology products worldwide. The Fortune 500 company and its subsidiaries operate in over 30 countries, serving more than 100,000 resellers in the United States, Canada, the Caribbean, Latin America, Europe and the Middle East. In addition to distributing more than 75,000 products from over 1,000 manufacturers and publishers, Tech Data provides extensive pre- and post-sale training, service and support as well as high-quality configuration and assembly services and a full range of electronic commerce solutions. The company generated sales of $11.5 billion in its most recent fiscal year, which ended January 31, 1999. Tech Data's award-winning Web site can be found at www.techdata.com.
American TeleSource International Inc. is an emerging multinational carrier serving certain niche markets in and between Latin America and the United States. The Company's borderless strategy includes the deployment of a ``next generation'' network for more efficient and cost effective service offerings of voice and data transport. ATSI has clear advantages over the competition through its corporate framework consisting of unique licenses, interconnection and service agreements, network footprint and extensive distribution channels. ATSI's wholly owned subsidiary, GlobalSCAPE Inc., is rapidly becoming a leader in electronic commerce of top Internet-based software, utilizing the Web as an integral component of its development, marketing, distribution and customer relationship strategies.