JPMorgan Chase Private-Labels Small-Biz Web Services From Smart Online
19 Abril 2005 - 1:59PM
PR Newswire (US)
JPMorgan Chase Private-Labels Small-Biz Web Services From Smart
Online RESEARCH TRIANGLE PARK, N.C., April 19
/PRNewswire-FirstCall/ -- JPMorgan Chase is private-labeling from
Smart Online(R) Inc. (OTC:SOLN) (BULLETIN BOARD: SOLN) Web-native
applications with which small business owners may research and
write business plans, incorporate, prepare personnel policies,
apply for loans, draft leases for office space and equipment,
establish retirement plans, and more. Small business customers of
JPMorgan Chase may use Smart Online's applications by selecting
"business services" at http://www.chase.com/smallbusiness . Over
time, the applications available to JPMorgan Chase customers will
evolve to include Smart Online's next-generation service, OneBiz
Conductor, a dashboard suite of Web-based services that organizes
and integrates sales, inventory, accounting, human resources,
shipping, collaboration and other aspects of commerce. Introduced
in February, OneBiz Conductor gives entrepreneurs, owners and
managers of companies with up to 500 employees the power to start,
run and grow a business from one display screen in any Web browser.
JPMorgan Chase joins a network of banks, publishers and other
companies that private-label "Software-as-Service" applications
from Smart Online to expand the range of premium products and
services they offer to subscribers and customers. This network of
companies includes, among others, Union Bank of California, Bank
One, Inc. Magazine, FastCompany Magazine and BusinessWeek Magazine.
Smart Online's Web-based services create new opportunities for
banks, publishers, and other companies that market to small
businesses in the United States. According to the Small Business
Administration there are approximately 23.7 million small
businesses in the United States, a market that represents 99.7
percent of all employers, generated 60 to 80 percent of net new
jobs annually over the last decade and created more than 50 percent
of the non- farm, private, gross domestic product of the United
States. About JPMorgan Chase JPMorgan Chase, http://www.chase.com/
and http://www.jpmorganchase.com/ , has assets of approximately
$1.1 trillion and operations in more than 50 countries. The firm is
a leader in investment banking, financial services for consumers
and businesses, financial transaction processing, asset and wealth
management and private equity. The headquarters for JPMorgan Chase
is located in New York. About Smart Online Smart Online Inc.,
http://www.smartonline.com/ , is one of the pioneers of Web- native
applications and is the first vendor to offer a private label
syndicated online business platform that enables Web delivery of
critical applications and services for small-to-medium businesses.
Smart Online led the industry by converting to Software-as-Service
(SaS) Web delivery in 1999. Today, the company markets Web-based
applications to customers via Smart Online's Web site and by
private labeling its syndicated software services for use on large
corporate Web sites in the financial services, media, manufacturing
and telco industries. Forward Looking Statements and Further
Information Statements in this press release that are
"forward-looking statements," which include plans for new products,
are based on current expectations and assumptions that are subject
to risks and uncertainties. Actual results could differ materially
because of many factors, including, but not limited to, delays in
development schedules, changes in market conditions and product
announcements by other companies. For further information regarding
risks and uncertainties associated with Smart Online's business,
please refer to the Risk Factors Section of Smart Online's SEC
filings, including, but not limited to, its Annual Report on Form
10-K for the year ended December 31, 2004, copies of which may be
obtained on the website of the Securities and Exchange Commission.
All information in this press release is as of April 19, 2005.
Smart Online undertakes no duty to update any forward-looking
statement or to conform the statement to actual results or changes
in Smart Online's expectations. DATASOURCE: Smart Online Inc.
CONTACT: Steve Leon of Technopolis(R) Communications Inc.,
+1-512-288-0950, or , for Smart Online Web site:
http://www.smartonline.com/ http://www.chase.com/smallbusiness
http://www.chase.com/ http://www.jpmorganchase.com/
Copyright