What are everyones thoughts on the stock FTR, there latest...

What are everyones thoughts on the stock FTR, there latest announcement is below:

FTR HOLDINGS LIMITED 2002-05-20 ASX-SIGNAL-G

HOMEX - Perth
+++++++++++++++++++++++++
Australia's largest web hosting company, WebCentral, has sold more
than $600,000 worth of (annualised) managed Microsoft SQL database
services within three months of making the product available to
customers and only a week after its official launch.

"The rapid take-up of WebCentrals fully managed SQL EASY product
demonstrates that many large organisations are keen to outsource the
database management requirements of their Website," said Lloyd Ernst,
WebCentral Chief Executive Officer. "We've achieved these sales with
little promotion and expect sales in excess of $5 million, over the
next 12 months as we ramp up our marketing.'

Most sophiscated Web sites today are driven by a backend database,
now WebCentral can provide complete management of both the front end
web site and the backend database.

The first customers for WebCentral's database solution include
airlines, government departments, financial institutions and major
multinationals. The company believes that such organisations are
attracted by the ability to reduce costs and administration
requirements.

"The best way to think of SQL EASY is to imagine outsourcing your
database administration, your server hardware maintenance contract
and your 24 hour on-call technical staff in one simple, cost
effective process," said Ernst.

With SQL EASY, WebCentral takes on responsibility for all aspects of
the technical operation of a customer's Microsoft SQL database. This
involves provisioning and maintaining hardware, monitoring server
performance, database back up, all standard Database Administrator
(DBA) functions and software licensing. More advanced DBA functions
are available on a fee for service basis and WebCentral's separate
Complex hosting division has solutions based on Microsoft, Oracle and
IBM database solutions.

The cost of an SQL EASY dedicated server ranges from $1470 per month
for a single server solution, and from $10,000 per month for
multi-server clusters.

These fees are very competitive compared to the upfront software
licensing and hardware costs corporates face even before they pay for
database maintenance. A single processor license for Microsoft
SQLServer 2000 Standard Edition, for instance, is $10,917, With
WebCentral SQL EASY, customers pay only $424 per month per sewer
processor in license fees.

WebCentral works with database customers from planning to
implementation. Its database architects and experts have worked for
organisations including Accenture, Fujitisu and Suncorp and deliver
advice to customers how issues such as how to best structure database
replications, build in redundancy and maximise performance.

Further Information:

Stephen Johns, WebCentral, Tel: (02) 9233 1677 Mob: 0401 985 211
Ashley Rambukwella, MACRO Consulting, Tel: (02) 9409 5103 Mob: 0407
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