Beyond.com Outlines Leadership Position in Corporate, Publisher and Government Businesses At AEA Technology Conference.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)--Nov. 9, 1999-- Beyond.com (Nasdaq:BYND) President and 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. Mark Breier told investors at the American Electronics Association The American Electronics Association (now known as AeA) is a nationwide non-profit trade association that represents all segments of the technology industry in the United States. conference today that the company has extended its leadership position beyond its strong consumer brand in three key software market segments: the corporate, publisher and government markets. Breier said these business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) market segments represent 84 percent or five-sixths of the total software market category according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the company's analysis of data from International Data Corporation, and are segments that require specific expertise for success. This expertise includes digital download  The perspective and/or examples in this article do not represent a world-wide view. Please [ edit] this page to improve its geographical balance. technology, an understanding of B2B needs for software maintenance, and experience with setting up complete e-stores. To demonstrate this expertise, Breier outlined Beyond.com's two new B2B services, eStore and eCurrent(TM) and spoke about the company's recent contracts with several key government agencies. Beyond.com's B2B Initiatives Beyond.com's eStore offers publishers and OEMs the opportunity to quickly launch an e-commerce store that offers a full range of solutions in a matter of weeks. eStore offers website design and operation, marketing and merchandising support, transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , physical and electronic fulfillment as well as customer service. The company built and manages software stores for companies such as Symantec Corp., McAfee Corp., Compaq Computer Corp., HP Shopping Village and 3Com Corp. Beyond.com's eCurrent(TM), a Web-based subscription service for small- and mid-sized businesses, updates and repairs software. eCurrent notifies systems administrators of software upgrades and manages the repair and deployment of software on a fee-per-desktop basis. eCurrent will be available from Beyond.com or it can be integrated into solutions offered from application service providers (ASPs) and similar organizations. "With eCurrent, Beyond.com delivers a powerful desktop management infrastructure that would otherwise be prohibitively expensive for small to mid-sized companies," said Breier. "Using the Internet to provide desktop application services See ASP and Web services. , eCurrent changes the way businesses will deploy and maintain software for their employees -- all with the simplicity of a fee-per-desktop subscription model." For more information on how to subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; eCurrent, visit the company at http://www.beyond.com/business/services/ecurrent/. Beyond.com's Government Business Also Grows Beyond.com's government business has grown rapidly, and the company now has contracts to deliver software via digital download to government agencies within such government departments as the Department of Defense (DoD), the Department of Commerce and the Department of Treasury. "We have great momentum in the government space, having recently added a new contract with the DoD to deliver Corel software, which the government estimates will total approximately $30 million over the next three years," Breier said. Beyond.com will deliver Corel software products through physical and electronic order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment to the DoD's individual customers. For large deployments of Corel products, Beyond.com will employ its Electronic Download Manager (1) A function within a larger program that manages file transfers from a remote device to the user. (2) A utility that replaces the native download function in a Web browser. (EDM (Engineering Data Management) An information system that maintains the details of all engineering data while the product is in the design and concept phase. This includes geometry and changes to geometry. See PLM. EDM - Electronic Data Management ) technology to distribute, manage and support products across the Internet to the customer site. EDM is a propriety service developed by Beyond.com to ease the deployment, management and maintenance of software throughout government agencies and large enterprises. "The EDM technology empowers systems administrators to retain control of distribution and deployment throughout large enterprises while staying current with the most recent software versions," Breier said. About Beyond.com Beyond.com provides commercial, off-the-shelf software and related products and services to the government, enterprise, corporate and consumer markets. Visitors to the company's online store http://www.beyond.com/ enjoy an expansive selection of software backed by customer service and competitive pricing. Beyond.com offers more than 1.6 million software and other digital products, including software stock-keeping units (SKUs) for online purchase from such major publishers as Adobe Systems Inc., IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corp., Lotus Development Corp., Microsoft Corp., Network Associates Inc., Sun Microsystems Inc. and Symantec Corp; hardware; computing devices; and digital images in different file formats, including jpeg, gif and mpf through a strategic marketing alliance with IMSI IMSI International Mobile Subscriber Identity IMSI International Microcomputer Software, Inc. IMSI International Mobile Station Identity (now International Mobile Subscriber Identity) IMSI Idaho Maximum Security Institution . The company has established strategic marketing alliances with America Online Inc., CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. Inc., Compaq Computer Corp., Excite@Home, Road Runner/ServiceCo, Yahoo! Inc. and ZDNet. Additionally, Beyond.com offers e-commerce solutions such as site design and construction, site operation, including transaction processing, physical and electronic order fulfillment, customer support, marketing, and merchandising support and reporting to software publishers, hardware manufacturers and systems OEMs. Customers include Autodesk, Executive Software Inc., McAfee.com Inc., Symantec Corp., Systran Software Inc. Palm Computing, Compaq Computer and HP Shopping Village (a subsidiary of Hewlett Packard). The company has applied for federal registration of the marks BEYOND.COM and BEYOND DOT COM. 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, and Section 21E of the Securities Exchange Act of 1934, as amended. These include statements relating to expectations about the timing and feature set of eCurrent and eStore. Such statements are subject to substantial risks and uncertainties, including risks that the launch of eCurrent and eStore will be delayed or that their form will vary from current expectations. Beyond.com's business is subject to risks including reductions in or cancellations of customer orders, changes in relationships with software suppliers, changes in relationships with strategic partners, changes in the product mix sold by the company, competition from other online software resellers or publishers, inability to raise sufficient capital on satisfactory terms, or at all, and other factors described in the company's filings with the SEC. |
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