Tampa, Fla. - August 7, 2006 - NetWolves Corp. (OTCBB: WOLV.OB), a global managed network continuity and security provider, today announced that leading online retailer 1-800-FLOWERS.COM Inc. (NASDAQ: FLWS) has selected the company`s ASUREnet service to support its retail locations nationwide. Additionally, it is intended that NetWolves services will become the standard offering for up to 5,000 members of BloomNet florist network.
1-800-FLOWERS.COM is implementing NetWolves` ASUREnet service featuring the WolfPac(r) Security Platform and Secure Remote Monitoring and Management(r) (SRM2) system to support its operations across the United States. ASUREnet combines network security technology with an extensive carrier-neutral communication portfolio, which reduce customers` total cost of ownership, eliminates or reduces their capital expenditures, and takes the hassle out of managing multiple service level agreements and invoices.
"As the `Florist of Choice` for millions of customers, we are known for combining a broad range of creative gifts with the ability to consistently deliver across the country with 100 percent customer satisfaction the same day, any day," said Ira Sheinwald, Vice President for 1-800-FLOWERS.COM. "After extensive reviews with like technologies, we determined that NetWolves` ASUREnet managed service provides us with the cost effective, comprehensive network security and connectivity that is critical to the continued success of our business."
"We were able to offer 1-800-FLOWERS.COM a multi-vendor solution with 100 percent geographic coverage that is supported by our proprietary technology and our unique low-cost approach to network deployment," said Walter Groteke, Chairman and Chief Executive Officer for NetWolves. "We believe that our ASUREnet solution will enable 1-800-FLOWERS to reduce their network-related costs and improve their network continuity without needing to make a costly up-front investment in network and security equipment."
For more than 25 years, 1-800-FLOWERS.COM Inc. - "Your Florist of Choice(sm)" - has been providing customers across the nation with the freshest flowers and finest selection of plants, gift baskets, gourmet foods and confections, and plush stuffed animals perfect for every occasion. 1-800-FLOWERS.COM(r) offers the best of both worlds: exquisite, florist-designed arrangements individually created by some of the nation`s top floral artists and hand-delivered the same day, and spectacular flowers shipped Fresh From Our Growers. Customers can shop 1-800-FLOWERS.COM 24 hours a day, 7 days a week via the phone or Internet (1-800-356-9377 or http://www.1800flowers.com) or by visiting a Company-operated or franchised store. Gift advisors are available 24/7, and fast and reliable delivery is offered same day, any day. As always, 100 percent satisfaction and freshness is guaranteed. The 1-800-FLOWERS.COM collection of brands also includes home decor and garden merchandise from Plow & Hearth(r) (1-800-627-1712 or http://www.plowandhearth.com); premium popcorn and specialty treats from The Popcorn Factory(r) (1-800-541-2676 or http://www.thepopcornfactory.com); gourmet foods from GreatFood.com(r) (http://www.greatfood.com); children`s gifts from HearthSong(r) (http://www.hearthsong.com) and Magic Cabin(r) (http://www.magiccabin.com) and wine gifts from the Wine Tasting Network(r) (www.ambrosiawine.com and www.winetasting.com). 1-800-FLOWERS.COM, Inc. stock is traded on the NASDAQ market under ticker symbol FLWS.
About NetWolves Corporation
NetWolves Corp. is global network continuity and security provider that delivers managed services to more than 1,000 customers. As a neutral FCC-licensed carrier with a proprietary network communications and management infrastructure, NetWolves provides a cost-effective, comprehensive and reliable network communications service. Some of NetWolves` customers include General Electric, University of Florida, Bristol-Myers Squibb, McLane Company, JoAnn Stores and Marchon Eyewear. NetWolves is headquartered in Tampa, Fla. Additional information is available at www.netwolves.com.
Forward Looking Statements
All statements other than statements of historical fact included herein, including without limitation statements regarding the Company`s financial position, business strategy, and the plans and objectives of the Company`s management for future operations, are forward looking statements. When used in this release, words such as "anticipate," "believes," "estimate," "expect," "should," "intend," "projects," "objective," and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company`s management, as well as assumptions made by and information currently available to the Company`s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, business and economic conditions, ability to attract and retain new and existing customers, ability to raise additional funds, competitive factors and pricing pressure, capacity and supply constraints, the ability to sustain our projected rate of growth and the risk factors set forth in our filings with the Securities and Exchange Commission. Such statements reflect the views of the Company with respect to future events and are subject to these and other risks, uncertainties, and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company. Readers are cautioned not to place undue reliance on these forward- looking statements. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.
Peter C. Castle, CFO