Philosopher's Stone Ventures and Intel Online Services
Join Forces
January 23, 2002, Redondo Beach, CA - Philosopher's Stone
Ventures is proud to announce it's recent partnership with
Intel Online Services, a subsidiary of Intel Corporation.
The services offered by Intel include, Managed Hosting Services,
Network Services, Scalable Data storage and Co-Location.
"We are ecstatic to be associated with Intel Online,"
states Jenny M. Sakhrani, CFO of Philosopher's Stone Ventures.
"They are the global leaders of web-services and to
be associated with a company dedicated to delivery the highest
quality, reliability and innovation in their services will
be advantageous for us and our clientele."
The benefits from the alliance with Intel will allow Philosopher's
Stone Ventures to have access to their top quality services,
that include, managed hosting, co-location services, and
scalable data storage. Jenny M. Sakhrani goes on to note
that the decision to partner with Intel was further motivated
"by their distinguished clientele listings that include,
American Stock Exchange, BBC Technologies, Eastman Kodak
and Sony."
Philosopher's Stone Ventures is a high technology incubator.
Intel Corporation has been a global powerhouse for many
years. They also have a venture division called Intel Capital,
which is the strategic investment program investing in the
technological sector. This division supports Intel's product
initiatives and new business ventures.
For additional information, contact:
Belinda Racasa
Philosopher's Stone Ventures
Telephone: (310) 316-3100
Fax: (310) 316-9500
media@philstone.com
http://www.philstone.com
The Philosopher's Stone is a mythical substance that can
transform lead into gold, and produce the Elixir of Life
that makes the drinker immortal. Philosopher's Stone Ventures,
as a technology incubator, has similar transformative powers:
turning the innovative ideas of our entrepreneurs into successful,
groundbreaking, money-making businesses.
