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Xchange Network Announces Profitability |
March 2003
Xchange Network announces that it has achieved profitability after 6 months of sales operations.
Xchange Network says its’ XC Connect and XC Vault software, collaboration solutions aimed at small to medium sized organizations, is a cheaper, easier-to-install-and-administer, more stable alternative to Windows-based Microsoft Exchange.
XC Connect allows users to share Calendar, Contact, and Task items across Outlook.
XC Vault is a permissions based file-sharing solution, which ends the practice of e-mailing large files all over an organization, and instead organizes a Web-accessible document library with check-in, check-out and version records.
The software is available in both Linux and Windows versions. The applications were designed by Chief Technology Officer Stan Gregg, a veteran of several Ann Arbor-area startups.
"Microsoft Exchange has every feature you could ever want, and if you're a large organization with thousands of people, it’s a perfect solution" Gregg said. "XC Connect and XC Vault on the other hand, scales down very nicely, to as little as one or two or five users, or as high as thousands, while providing virtually the same capability less the overhead and price."
Sales Director Bill McManus notes that "we're finding larger organizations approaching us, because they've got rooms full of Dell computers running at 500 megahertz that are not powerful enough to run the new Microsoft applications, but they run our Linux application just fine. And their goal is to simply share group calendars.”
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