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IntraNet and Channell Com Form Web Content Deal

IntraNet Solutions, Inc. (Nasdaq:INRS), a provider of Web content management solutions, announced today that it has formed a strategic alliance with Channell Communications, an e-business solutions provider.

Under the agreement, Channell will integrate and market IntraNet Solutions' Xpedio Web content management suite to the financial sector worldwide. Xpedio enables customers to rapidly deploy business Web sites and automates the process of maintaining timely, accurate information on these sites.

The alliance provides Channell's customers with a secure, rapidly deployable Web content management system and a sophisticated integrator with extensive expertise in customizing implementations.

Through the partnership, Channell expects to gain greater market share among financial organizations. Integrating IntraNet Solutions' proven content management solutions for intranets and extranets into its product will help Channell to accomplish this goal.

"It is imperative that today's financial institutions deploy Web content management systems that easily manage large amounts of business content," said Daniel Marionni, vice president of Internet development for Channell Communications. "We believe IntraNet Solutions' technology is well-suited to meet these needs. We are thrilled for the opportunity to integrate IntraNet Solutions' technologies into our product offerings."

IntraNet Solutions and Channell are currently working together to implement the Xpedio Content Management system at Merrill Lynch. The challenge is to empower Merrill Lynch employees with the ability to publish ongoing content to their Web site and by doing so, reduce cost and time of content updates.