Event
Summary
Critical Path Inc., the dominant global provider of Internet messaging
and collaboration solutions, has announced that NETIAN, the largest Internet
Service Provider (ISP) in South Korea, has chosen Critical Path's InScribe
Messaging Server with a Korean language web client interface to power
messaging services for 3 million users.
Market
Impact
South Korea is expected to be the fastest growing sector of messaging
within Asia. A three year growth pattern would lead us to believe that
South Korea will experience a 7-10 fold growth in e-mail accounts over
the next three years taking the current South Korean messaging industry
from an approximate 1.5 Billion (USD) to approximately $20 Billion prior
to the end of 2004.
Source: Goldman Sachs
NETIAN,
South Korea's largest ISP has selected Critical Path's Inscribe messaging
service to meet the demands of South Korea's explosive e-mail growth.
Critical Path's Inscribe messaging solution includes e-mail, instant messaging,
a homepage builder or HTML editor and bulletin boards.
User
Recommendations
Critical Path has established itself as a leader within the Internet messaging
community, having struck alliances across the globe from MCI WorldCom
to NETIAN in addition to improving its data centers to the highest point
of redundancy, reliability and availability. We believe Critical Path
is well positioned to provide the foundations of multi-national and multi-lingual
messaging globally. We further expect NETIAN to enjoy reduced overhead
during growth and expansion given the anticipated growth of e-mail users
in South Korea.