Wrapped Apps™ Announces New Corporate Strategy
Dec 18, 2006 - Ottawa, ON, Canada −
Wrapped Apps™ Corporation announced today that a comprehensive strategic review with shareholders and investors has led the Board of Directors to a fundamental repositioning of the company. Rather than pursuing the current strategy of being a turn-key solution provider, the company intends to position itself as a technology enabler for the online deployment and use of both applications and content; working through channel partners. “Our main focus will be developing our technology so that our channel partners can get their clients to market quicker with reduced costs,” said
Wrapped Apps™ President and CEO Alain L. Mercier.
Wrapped Apps™ has also engaged several strategic partners to help implement its new corporate strategy. “You can’t build a great business without great people,” said
Wrapped Apps™ President and CEO Alain L. Mercier. “To be successful, you must surround yourself with professionals who share your core values and have a proven track record. We have assembled a formidable team of dedicated professionals with complementary skill sets to help
Wrapped Apps™ leverage its cutting-edge technology and become a leader in our field.”
About Wrapped Apps™ Corporation
Headquartered in Silicon Valley North (Ottawa, Canada),
Wrapped Apps™ Corporation is positioning itself as a leading technology enabler for the online deployment and use of applications and content on-demand. The
AppsOnDemand™ Server and Service Provider Console provide automated support for all tasks associated with online provisioning; including metering and monitoring, reporting and billing, and licensing and compliance. Our
Virtual Multi-Tenancy™ (
VMT™) technology significantly reduces the time, development cost, and architectural barriers to on-demand delivery; enabling application and content providers to focus on their core offerings, get to market quicker with reduced costs, and monetize their assets. Most Web, Windows, Linux-based, single-user or multi-tenant applications and content can be wrapped for on-demand delivery within 30 days.
For more information visit:
www.wrappedapps.com or contact:
media@wrappedapps.com.
Wrapped Apps™ Corporation
Kanata Square
260 Hearst Way, Suite 401
Kanata, Ontario K2L 3H1
Toll-free: 1-877-388-6742
International: + 1 613.591.7552
Fax: +1 613.591.0523