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February 10, 1999 9:10 AM PST

Short Take: Corio, Sun team on hosting

Applications Services Provider Corio and Sun Microsystems have completed their first remote hosting of a PeopleSoft financials application with Web portal company Excite. Excite can now remotely access the applications stored at a Corio data center on Sun Enterprise servers. IP telephony firm Clarent has also signed on to use Corio's remotely hosted PeopleSoft applications for financials, sales & logistics and manufacturing applications.

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