Accesspoint Adds Innovative Online Shipping Feature to Suite of Award-Winning eCommerce Products; Partnership With Go Ship Provides Customers with Multiple Options.Business Editors and High-Tech Writers IRVINE, Calif.--(BUSINESS WIRE)--Sept. 18, 2000 Accesspoint Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ASAP (chat) asap - As soon as possible. ), a leading Application Service Provider (ASP), outsource developer and manufacturer of e-commerce, e-payment and e-marketing solutions, Monday announced that it is partnering with Go Ship to provide a revolutionary way for online merchants and shoppers to satisfy all of their shipping needs. Go Ship's solution, seamlessly integrated into Accesspoint's Merchant Manager Enterprise System, allows e-buyers to select from a complete matrix of shipping options as they place their online order. "As eCommerce continues to alter the landscape of worldwide business, the major shipping firms are assuming a more prominent role as critical product distribution channels, and we were seeking an alliance that would put our online merchants at the head-of-the-class in terms of the shipping options they could provide their customers," said Tom Djokovich, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Accesspoint Corp. "Now our online clients will be able to have accurate shipping calculated on FedEx (NYSE NYSE See: New York Stock Exchange :FDX See full-duplex. fdx - full-duplex ), Airborne Express (NYSE:ABF ABF Arbetarnas BildningsFörbund ABF American Breakfast (Thailand Hotels) ABF Associated British Foods plc (London, UK) ABF Association des Bibliothecaires Francais (French) ), DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature , US Postal Service, and UPS (NYSE:UPS) for all 50 states and international locales - allowing our resellers to provide greater value to merchants, while giving eBuyers the ability to interactively select price, delivery time, and/or carrier with the click of a mouse," added Djokovich. "Go Ship is a perfect match for Accesspoint's business model in terms of functionality, easy adoption, and affordability," said Neal Anstadt, Go Ship.com CEO. "It is clear that the rapid growth of eCommerce has created significant challenges for merchants whose sales have outpaced their logistics systems, impacting both customer satisfaction and merchant profitability. This relationship with Accesspoint is an excellent example of a collaborative effort to relieve the near-chaotic state of eCommerce expansion," concluded Anstadt. Due to the strategic relationship forged between the two companies, Go Ship has agreed to waive their usual $200 per merchant signup fee. Under the arrangement with Accesspoint, Go Ship will charge a nominal per transaction fee for the integrated solution, which, on average, will be about $1 per sale for lower volume merchants and less for larger merchants. Go Ship will then be responsible for collection of merchant fees, which will be shared with Accesspoint for facilitating the integration. About Accesspoint -- Transaction Engines that Power E-Commerce Founded in 1995, Accesspoint Corp. is a leading provider of managed Internet-based solutions for servicing the physical (in store) and virtual (Internet) sides of each business with solutions for secure payment processing, credit verification, identity verification, risk management, e-commerce and e-marketing services to thousands of merchants nationwide. The company is a mature player among an emerging new breed of service companies called Application Service Providers (ASP). By delivering software and the underlying information as a managed service to businesses, the Accesspoint ASP model provides a viable solution to solving key technology barriers facing the small to medium enterprise today. The Accesspoint concept is simple -- transaction processing and software delivered as a fully outsourced, bundled service. Accesspoint's corporate roster of strategic information and banking partners includes Equifax (NYSE:EFX EFX Effects (as in motion picture special effects; sometimes just FX) EFX Elite Force Xtreme (gaming) EFX Elliptical Fitness Crosstrainer EFX Expeditionary Force Experiment ), NOVA (NYSE:NIS Niš or Nish (both: nēsh), city (1991 pop. 175,391), SE Serbia, on the Nišava River. An important railway and industrial center, it has industries that manufacture textiles, electronics, spirits, and locomotives. ), First National Bank of Omaha and National Data Corp. (NYSE:NDC NDC National Drug Code NDC NATO Defense College NDC National Documentation Centre (National Hellenic Research Foundation, Athens, Greece) NDC National Dairy Council NDC National Democratic Congress ) Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Accesspoint Corp. (the company) to differ materially from those expressed or implied by such forward-looking statements. (Such factors include, among others, the risk factors contained in the company's Annual Reports and other filings with the Securities and Exchange Commission.) |
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