Business Editors & High-Tech Writers

COLUMBUS, Ohio--(BUSINESS WIRE)--Oct. 11, 2000

SingleSourceIT, a Web-based information technology (IT) lifecycle management service, broadened its decision support offering this week with the announcement of two new content agreements.

The agreements give SingleSourceIT's Global 3000 customers access to industry news via Reuters NewMedia and IT security information through SecurityPortal.

"Strong decision support is the key to a successful IT lifecycle and SingleSourceIT provides a thorough offering of vendor-neutral IT news and information to ensure its customers can make unbiased and informed IT purchases," said SingleSourceIT Chairman, Board of Directors Board Randy Wilcox. "With these leading content providers as part of our reference library, our customers can make educated decisions based on their unique and complex needs."

Wilcox said SingleSourceIT's increased content offerings support the company's automated IT lifecycle management process, which also allows customers to purchase, manage, track and dispose of IT assets from one Web-based location.

"We provide companies with a streamlined approach to procuring and managing their IT assets; but to do that, it requires the latest information available. Otherwise, they're just buying off the shelf," Wilcox said. "We see our mission not only to make the IT lifecycle more manageable, but to make IT and purchasing executives more knowledgeable. These agreements help us accomplish this."

SingleSourceIT has plans at announce major content agreements with analyst groups IDC, META Group and Forrester, later this year.

Reuters NewMedia: Recognized as a world leader in news distribution, SingleSourceIT customers can access the latest Internet and technology news from Reuters' global news bureaus. Custom filters will bring each customer targeted, up-to-the-minute reports on the IT market and trends in technology based on their specific preferences.

SecurityPortal: SecurityPortal is the world's foremost online resource and service provider for companies and individuals concerned about protecting their information systems and networks. SingleSourceIT customers will get continuous updates on security threats and vulnerabilities delivered via email and mobile devices, monitoring of underground communities and cyber attackers, as well as forum presentations on cyber crime and online Internet security courses.

"The content alliance between SecurityPortal and SingleSourceIT allows customers to leverage the strengths of two unique and exciting business models: timely, trusted security news and online best-practices security services, blended with an innovative, distribution channel," said Kirk Shroyer, co-founder and executive vice president of SecurityPortal.

About SingleSourceIT

SingleSourceIT offers a Web-based IT lifecycle management service that allows Global 3000 companies, Value Added Resellers and IT manufacturers to participate in a simplified and streamlined supply chain. Instead of a complex supply chain with multiple touch points, manual processes and duplication of efforts, SingleSourceIT's vendor neutral eMarketplace automates and manages the entire IT lifecycle -- from decision support and selection to configuration and purchase through asset management and disposal.