Beyond.com Confirms Ron Smith as President and CEO.Business Editors/Technology Writers 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.--(BUSINESS WIRE)--Aug. 29, 2000 E-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. services provider Beyond.com(TM) (Nasdaq: "BYND") today confirmed Ronald S. Smith as President, 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. and member of the board of directors, with the receipt of his work visa. Smith, a Canadian citizen, received an O1 visa, designated for a person of extraordinary ability in business. "In his advisory role to date, Ron has been instrumental in assisting the board, and we are pleased to now have him in his full leadership role," said Rich Scudellari, member of the board of directors of Beyond.com. "His experience and stewardship stewardship the occupation of being a steward or custodian. Referring to animals it implies the caring sort of relationship based on an acceptance of the need to include the rights of animals in overall plans to maintain financial viability. is a welcome addition to the Beyond.com team." "I am tremendously excited with the progress I have seen thus far at Beyond.com, and I look forward to steering The process whereby builders, brokers, and rental property managers induce purchasers or lessees of real property to buy land or rent premises in neighborhoods composed of persons of the same race. the company into a leading role in the e-commerce services market," said Smith. "There is a wealth of technical expertise and capacity at Beyond.com that has allowed us to create a strong e-commerce services offering in our eStore service." About Beyond.com Beyond.com(TM) is an e-commerce services provider that builds, manages and markets online stores for businesses. The company also sells software and computer-related products to consumers and U.S. Government agencies. The company's BuyDirect Group provides eStores by Beyond.com, a suite of services that enables software developers, systems OEMs and hardware manufacturers to market and sell over the Internet. Beyond.com's Government Systems Group provides digital distribution of software and related services to a growing list of U.S. Government agencies. Beyond.com Corporation trades on the Nasdaq National Market under the symbol ("BYND"). More information on the company can be found in the company's filings with the Securities and Exchange Commission ("SEC"). 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 Certain statements in this press release are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. Statements subject to risks and uncertainties include Beyond.com's competitive position, the intended expansion of its e-commerce services business, and the future profitability of that business. Factors that might cause such a difference include, but are not limited to, the risks inherent in successfully transitioning a corporation's business from a consumer focused business to an e-commerce services focused business and competitive responses to the transition. More information about factors that potentially could affect Beyond.com's financial results is included in the company's 1999 Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the SEC. Click on SEC filings for more information. |
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