Accesspoint Corp. Completes Merger; Announces Products and Services.ANAHEIM, Calif.--(BUSINESS WIRE)--March 29, 1999--Accesspoint Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ASAP (chat) asap - As soon as possible. ) Monday announced that the merger with Yamahama's Inc. has been completed, and shares of the new company, Accesspoint Corp., are traded over the counter under the symbol "ASAP". Accesspoint Corp. provides turnkey electronic commerce ("e-commerce") services to small and midsize businesses. Accesspoint's Chairman and Chief Executive Officer Tom Djokovich said: "We're delighted that the shareholders of both companies have approved the merger. Our business strategy is to provide bundled, feature rich, completely Web based Coming from a Web server. See Web application. e-commerce solutions at reasonable prices. Accesspoint's products and services allow any small business to take advantage of Internet opportunities without committing the financial resources that would otherwise be necessary to implement a full-scale Internet commerce infrastructure." Accesspoint Corp. further expects to increase revenue through strategic acquisitions. Accesspoint developed Merchant Manager(TM), a complete and secure e-commerce solution, for the small to midsize business market segment. With Merchant Manager(TM), a small business can easily setup and maintain its own 24-hour online catalog Similar to an online library or databases in the information storage respect, ‘’’online catalogs’’’ allow potential customers to browse a company’s items for sale from a different location using the internet. on the World Wide Web, allowing its customers direct access to its products and services. A small business need not invest in new hardware because the system is hosted on the Merchant Manager Web servers. Merchant Manager can work with a business' existing accounting software and does not require new back-end systems software purchase and installation. With Merchant Manager(TM), there is no need for expensive servers, hosting services, software installation or costly future upgrades. Everything the small to midsize business needs to build and manage its online store is provided through the convenience of a Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . Through the creation of a dynamic database driven e-commerce solution, Merchant Manager(TM) allows businesses to focus on the management of the "front office" content of their Web sites. Customers need not hire additional personnel with computer or Internet experience. Merchant Manager(TM) handles all of the behind-the-scenes technical details so an online business can focus on attracting customers, not running complex back-office transactions. The company distributes the service through Value Added Resellers See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). (VARs) on a pre-paid annual subscription basis. Merchant Manager's(TM) suggested retail price of $75 per month provides Accesspoint's distribution network with exceptional volume-based profit margins. Additional profits may be earned through account setup and activation fees. Accesspoint's Transaction Manager(TM) is developed specifically for the small to midsize business market segment that requires the ability to process credit card transactions on-line. The Transaction Manager(TM) e-commerce solution is built upon the technology developed to create the Merchant Manager(TM) system. In addition to its standalone benefits, the company integrates Transaction Manager into third party "shopping cart" software as an add-on, to enable businesses to process credit cards online without having to discard their existing Web sites. With Transaction Manager there is no need for expensive servers, hosting services, software installation or costly future upgrades to process credit cards securely and manage a merchant account. Everything is provided to the end user through a convenient browser interface. Accesspoint distributes the service through Value Added Resellers (VARs) on a pre-paid annual subscription basis. Transaction Manager's(TM) suggested retail price of $40 per month provides VARs with exceptional volume based profit margins. Additional profits may be earned through account setup and activation fees. Accesspoint also provides its business customers with a wide range of other Internet products and services including high-speed Internet See broadband. access, DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary services, Internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. , and Internet faxing Using the Internet to send faxes. Fax servers accept an incoming fax message and route it to a fax server in the same locality as the destination fax machine. The fax server then makes a local telephone call to send the fax. , Web site design, Internet hosting services An Internet hosting service is a service that runs Internet servers, allowing organizations and individuals to serve content to the Internet. There are various levels of service and various kinds of services offered. A common kind of hosting is web hosting. , custom applications programming, merchant (credit card) banking and processing services. |
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