BestBuy.com and Everypath Collaborate to Develop Mobile Commerce Applications.Business Editors & High-tech Writers Spring Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the World 2000 LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--April 5, 2000 Everypath, a leading infrastructure provider for the wireless web, today announced BestBuy.com, Inc. (NYSE NYSE See: New York Stock Exchange : BBY BBY Best Buy (stock symbol) BBY Before Battle of Yavin (Star Wars) BBY BeBeyond (Chinese online community) ), a wholly owned Internet subsidiary of Best Buy Co., Inc., as a new charter customer. The initial applications developed will allow BestBuy.com(tm) customers to check product availability and purchase products and gift certificates from any smart phone or Palm VII The Palm VII product family consisted of two products, the Palm VII and the Palm VIIx Palm Pilots. These were produced by Palm, Inc., before it was split into PalmOne and PalmSource. They had antennas for wireless data communication on the Mobitex network under the now defunct Palm. over the wireless web. In addition, Everypath will mobilize mo·bi·lize v. 1. To make mobile or capable of movement. 2. To restore the power of motion to a joint. 3. To release into the body, as glycogen from the liver. a new area of the BestBuy.com site to provide content and applications of specific interest to owners of smart phones and PDAs. "Wireless Technology has become a very popular form of communication and will be an important source for our customers to learn about BestBuy.com's products and services," said Scott Bauhofer, Vice President and General Manager of BestBuy.com. "Everypath's understanding of mobile content and applications will help BestBuy.com become the leader of this new and exciting category." "We are very pleased to announce BestBuy.com as one of our charter customers," said Everypath Chief Marketing Officer Marcia Kadanoff. "As the largest consumer electronic retailer in the U.S., they are one of the few companies in a position to define how mCommerce will be different than eCommerce." About Everypath Everypath is the leading Application Service Provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ) for the wireless web, providing real-time access to any website from PDAs, two-way pagers, Smart (WAP-enabled) phones, as well as regular voice telephones. Everypath can mobilize the average website in about seven days(a) thanks to its patent-pending technology. In addition to extremely rapid deployment, the Everypath service provides customers with a single infrastructure to support multiple devices, state-of-the-art security, and support for complex e-commerce transactions. At the core of the Everypath service is a Java-based content server that recognizes the type of device accessing a given website and -- in real time -- delivers exactly the right content, data, and applications that are relevant given the display and security capabilities of the small format/wireless device. Initial platforms supported include: Palm, Smart (WAP-enabled) phones, as well as ordinary voice telephones. The company employs 90 and has offices in Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif., and Hyderabad, India. For more information, please visit: http://www.everypath.com. About Best Buy Co., Inc. Minneapolis-based Best Buy Co., Inc. is the nation's largest volume specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The Company operates 357 retail locations in 39 states, and will launch its new E-Commerce site at http://www.bestbuy.com in the near future. Statements made in this news release, other than those concerning historical financial information, should be considered forward looking and subject to various risks and uncertainties. Such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are based on the respective managements' beliefs and assumptions regarding information currently available, and are made pursuant to the "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. " provisions of 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. Each company's actual results could differ materially from those expressed in the forward-looking statements. Factors that could cause results to vary include, among others, those identified in the respective companies' filings with the Securities and Exchange Commission. Neither company has any obligation to publicly update or revise any of the forward-looking statements that may be in this news release. Note to Editors: Everypath and the Everypath logo are trademarks of Everypath, Inc. BestBuy.com is a tradename and trademark owned by Best Buy Concepts, Inc. and licensed to BestBuy.com, Inc. under controlled use. All other trademarks are properties of their respective owners. (a) Websites that are larger and more complex than the average may require additional development time. Voice-enabling a website takes about 14 days on average. |
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