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By Carolyn Duffy Marsan

04/23/01

CoreExpress is the best-known - and best-funded - of a group of upstart service providers trying to make the Internet stable and secure enough to support critical business applications.

CoreExpress' claims to fame for its extranet service are performance guarantees, network visibility and security across multiple ISPs. The company's goal is to combine the flexibility, scalability and reach of the Internet with the performance and reliability of a private network.

It is pursuing companies with large supply-chain networks, such as healthcare providers and manufacturers, as early customers for the CoreExpress service, which became generally available across the U.S. last month.

Company officials say they have plenty of money to build out the service quickly, having raised an eye-popping $573 million in cash and credit from key suppliers.

Internally, the major challenge for the CoreExpress management team is bridging the gap between the company's 200 employees in St. Louis and its 150 employees in northern Virginia; the company maintains dual headquarters in these cities. Toward that end, last fall the company reserved box seats at a Monday night football game between the Washington Redskins and the St. Louis Rams. The most fanatic fans at each location got to attend the game.

CoreExpress The name:

Descriptive of the company's service, which provides an Internet core for expressing - or speeding up - the delivery of data.




                  

 

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