| To: StormRider who wrote (204) | 4/8/2002 2:35:45 PM | | From: StormRider | | | | divine Achieves Elite Microsoft Gold Certified Status
Certification Recognizes divine as One of the First Companies to Provide Premier Levels of Service Quality and Customer Satisfaction for the Deployment Of Business Solutions on the Microsoft Platform
CHICAGO, April 8 /PRNewswire-FirstCall/ -- divine, inc. (Nasdaq: DVIN - news), a leading provider of solutions for the extended enterprise, today announced that divine has been named among the first Application Infrastructure Providers (AIPs) to demonstrate the service quality levels and commitment to customers required to be certified as a Microsoft Gold Certified Partner for Application Services and Hosting. This certification recognizes divine Managed Services' exceptional track record of providing customers the highest levels of availability, reliability and security for the Microsoft platform in a managed hosting environment. In a separate release today, divine announced that it has achieved the highest possible recognition of Signature Service Provider Certification from Compaq for its divine Managed Services offerings.
``Microsoft is extremely pleased to introduce the Gold Certified Partner program for Application Services and Hosting and to recognize divine as one of the first partners to meet the rigorous competency requirements for certification,'' said Enrique Fernandez-Laguilhoat, director of certified partner programs for Microsoft. ``divine is one of a few managed services providers with the expertise necessary to ensure that customers seeking infrastructure solutions will receive premier levels of quality. It has demonstrated unparalleled expertise on the Microsoft platform and has the proven practices in place to assure the highest levels of customer service and satisfaction, with top-of-the-line operations, technologies, services, and solutions.''
divine is already recognized as a leader in the industry for its expertise in managed services with 360 Degree Security Solutions, Business Continuity Services (BCS) and its state-of-the-art Scalability Center. Together with divine's professional services division, divine Managed Services provide enterprise customers with leading solutions that extend mission-critical applications, ensuring connectivity throughout the value chain for customers, partners and suppliers. In addition, divine has taken a leadership position in providing solutions for Web Services and .NET-based applications.
Microsoft's new Gold Certification Program is designed specifically for AIPs delivering a full set of infrastructure services, including managed Web hosting, managed Web applications, and .NET services for service providers and end-users. The program distinguishes certified partners' quality of services and commitment to customers and partners. Passing the stringent on-site assessments delivered by highly trained and certified, independent assessors, divine is among the first managed services providers to prove its abilities in successfully delivering consistent, high quality hosted services built on Microsoft technology.
``divine is very proud to be among the first to achieve Gold Certified status from Microsoft,'' said Sunny Vanderbeck, president of divine Managed Services. ``Companies can be confident when they choose divine that they are getting the highest level of availability, reliability and scalability in managed services for the Microsoft platform. divine is further distinguished by our total solution for the extended enterprise, which brings together technology, professional services, and managed services to deliver solutions that increase productivity and drive revenue.''
As Microsoft's First Global Windows 2000 Hosting Partner of the Year, divine already is a Microsoft Gold Certified Partner for Enterprise Systems. This certification recognizes partners that have a proven track record and skill set to architect, design, and plan large-scale enterprise deployments, as well as complex server design, and migration planning projects. The Microsoft Gold Certified Partner Program provides business development, sales support training, priority lead referrals and other joint market and sales opportunities for Gold Certified partners to contribute to their success. For more information about divine Managed Services, call 866.999.3846, or visit divine's Web site, divine.com . |
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| To: Sr K who wrote (211) | 4/21/2002 8:36:49 PM | | From: StormRider | | | | divine, inc. Chief Planning Officer to Speak at CA World
ORLANDO, Fla., April 19 /PRNewswire-FirstCall/ -- divine, inc., (Nasdaq: DVIN - news) a leading provider of solutions for the extended enterprise is pleased to announce that Ron Bienvenu, chief planning officer for divine, will be participating as part of the Education Focus Area at CA World 2002 by leading a session entitled ``Content Management and the Extended Enterprise.''
Bienvenu will address how business processes today reach beyond the four walls of the enterprise. In order for companies to stretch the edges of the enterprise into new territory, a combination of collaboration, interaction, and knowledge solutions must be strategically implemented with the end goal of increasing profits through greater revenue, productivity, and customer loyalty.
Participants in this course will learn: How to overcome the challenge of finding, aggregating, managing and monitoring information; The pitfalls of traditional information gathering and business intelligence tools; Management strategies associated with the ever increasing volume, velocity, visibility, and volatility of content -- what works and what doesn't; How to provide significant total cost of ownership benefits; How to make content management solutions work within intranets, extranets, and portals and extend the enterprise to achieve tangible business benefits and ROI; Benefits of channel provisions for the delivery of business content, aggregated content purchasing, controlled costs, and personalization at the desktop.
What: CA World
Who: Ron Bienvenu, chief planning officer, divine
When: April 21, 2002
9:00 a.m. - 12:30 p.m. EDT and 1:30 p.m. - 4:00 p.m. EDT
Where: Orange County Convention Center
Orlando, Fla.
CA World is Computer Associate's annual customer conference. It has been in existence for over 10 years targeted at CA's IT customers. The event is comprised of conference sessions and a World Technology Center. |
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| To: StormRider who wrote (212) | 4/26/2002 11:46:41 AM | | From: Glenn Petersen | | | | From yesterday's Chicago Tribune:
Chicago Tribune Barbara Rose Column
Thursday, April 25, 2002 03:15:09 AM - Knight Ridder
Apr 25, 2002 (Chicago Tribune - Knight Ridder/Tribune Business News via COMTEX)
-- There's not much good news these days from Divine Inc., the former Internet
incubator turned bottom fisher, though you wouldn't know it from listening to
founder and CEO Andrew "Flip" Filipowski.
The 51-year-old never sounds more confident than when his back is up against a
wall, a position he's assumed for the better part of two years.
For 15 months he's been buying nearly broke software companies using Divine's
cheap stock while promoting a vision of Divine as an emerging giant that one day
will dominate its markets.
The company sells Web-based software and services to help companies communicate
with customers, suppliers and others.
"Our timing has been on target and the market and product line is a near perfect
fit," he wrote in an e-mail this week to employees announcing pay cuts affecting
half of Divine's 3,600 workers.
He warned that Divine can't count on the economy improving to buoy its business
and must cut costs even while finding new ways to grow.
The company's strategy, he wrote, "is now a fact inexorably divine and a path on
which we will relentlessly remain."
Investors--they include Filipowski, the company's second-biggest
shareholder--have paid dearly for his optimism.
Divine's stock, valued at $9 when the company went public 21 months ago, trades
for less than the price of a package of breath mints. A $100 investment at the
IPO in July 2000 was worth $3.45 Wednesday, when Divine closed at 31 cents.
Shareholders will vote next month on a reverse split to boost the stock price.
Losers include Chicago's elite--the likes of William Wrigley Jr., who invested
$17 million--and corporations such as Dell Computer Corp., which invested $100
million.
In all, Filipowski raised nearly $1 billion in 1999 and 2000. By the end of last
year, he had blown all but $140 million.
The marvel is not how Filipowski managed to lose so much. After all, hundreds of
Internet companies have failed. The wonder is how he manages to stay in
business.
Optimists count on the equivalent of lightening striking twice. In the late
1990s, Filipowski went on a buying spree at his prior software company, Platinum
Technology Inc., before selling the company to Computer Associates International
Inc. for $3.6 billion.
But Platinum was an established company with a proven product and loyal
customers. It flourished during a software boom. Divine is a patchwork of fallen
Internet ventures operating in one of the industry's deepest slumps.
Still, in the Boston-area where Divine has been snapping up companies,
Filipowski is known not as the founder of a failed incubator. He's a guy who
gives failing companies another chance.
"It's like when you get to the end of the CD and there's a bonus track," says
Boston Globe reporter D.C. Denison. "Flip comes in and says, `Okay, you wanna
try one more song?'"
His latest prize--Boston's Viant Corp., an Internet consultancy with dwindling
business prospects and 180 employees--isn't broke. In fact, the company has $116
million in cash. About $80 million of it will end up on Divine's balance sheet
if shareholders approve the deal.
The cash would give Divine breathing room if it fails to meet Filipowski's
latest target for profitability, in the fourth quarter.
Investors in both companies were steaming when the deal was announced April 5.
"A lot of people are upset, myself included," said a Divine investor during a
conference call. "(But) if you can deliver a profitable company that's in
position to really take advantage of a huge potential market, then I say, do
what you have to do to stay alive."
The investor paused. "Is that basically the game plan? Are we doing what we have
to, to stay in the game, so that we can get paid at the end?"
Filipowski's answer: "That is our stance. That is our objective, and we're doing
everything possible to make sure that it occurs."
In a divine world, there's always one more song.
E-mail Barbara Rose at berose@tribune.com.
By Barbara Rose |
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| To: Glenn Petersen who wrote (213) | 5/25/2002 7:13:14 AM | | From: Glenn Petersen | | | | Divine board approves 1-25 reverse stock split
CHICAGO, May 23 (Reuters) - Technology roll-up firm Divine, Inc., <DVIN.O> said on Thursday that its board authorized a 1-to-25 reverse stock split to take effect on May 29.
The company, which specializes in acquiring other companies to consolidate their technology, said it took the action to satisfy the Nasdaq minimum bid price requirement since it is subject to delisting from The Nasdaq National Market.
Divine said it received a Nasdaq Staff Determination letter on May 16, indicating that Divine's Class A common stock does not comply with the $1.00 minimum bid price requirement for continued listing on The Nasdaq National Market. The stock was trading at 24 cents on Thursday.
Divine has requested a hearing before a Nasdaq Listing Qualifications Panel to review the Staff Determination. A date for this hearing has not yet been established.
The company's stockholders approved the reverse stock split during the annual meeting on May 21.
05/23/02 16:48 ET |
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