Beyond.com Selected as Online Reseller for Red Hat; Beyond.com to Focus on Government and B2B Markets.Business Editors/Technology Writers SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 18, 2000 Internet software superstore Beyond.com(TM) (Nasdaq:BYND) today announced that it has been selected by Red Hat (Nasdaq:RHAT RHAT Red Hat (stock symbol) RHAT Rainwater Harvesting Association of Tanzania RHAT Register Hba Attributes ) as a value-added reseller for Red Hat Linux Red Hat Linux, assembled by Red Hat, was a popular, "middle-aged" Linux distribution (not as old as Slackware but older than Ubuntu) upon its discontinuation in 2004.[1] Red Hat Linux 1.0 was released on November 3, 1994. software and services. Beyond.com is the first Red Hat certified reseller to provide Linux software and services to the U.S. government. Under terms of the agreement, Beyond.com has the right to merchandise Red Hat Linux software and services to all business segments, particularly the business-to-government and 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 ) segments. The partnership brings together Beyond.com's expertise and leadership in Internet-based software delivery and service, and Red Hat's expertise in open source software and solutions. "Beyond.com is proud to have been chosen by Red Hat for its exclusive reseller program," said John Vigouroux, Beyond.com's senior vice president of sales and marketing. "The Red Hat Linux offering enables us to provide an array of platform solutions and services to our government and business customers." Lisa Sullivan, director of channel sales for Red Hat added, "Red Hat is excited to tap into Beyond.com's strong presence in the government space and expanding presence in the B2B arena. Beyond.com's experience in selling software and associated support services will help to enhance Red Hat's position within these key B2B markets." Beyond.com currently has contracts with numerous government agencies, including the Internal Revenue Service (IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. ), Office of the Comptroller of the Currency The Office of the Comptroller of the Currency (or OCC) was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and the federal branches and agencies of foreign banks in the United States. (OCC OCC See: Options Clearing Corporation OCC See Options Clearing Corporation (OCC). ), Bureau of Engraving and Printing Noun 1. Bureau of Engraving and Printing - the agency of the Treasury Department that produces currency Department of the Treasury, Treasury Department, United States Treasury, Treasury - the federal department that collects revenue and administers federal (BEP BEP Black Eyed Peas (band) BEP Brevet d’Études Professionnelles (French: vocational qualification) BEP Business Entry Point BEP Break-Even Point BEP Bit Error Probability BEP Bureau of Engraving & Printing ), Defense Logistics Agency Noun 1. Defense Logistics Agency - a logistics combat support agency in the Department of Defense; provides worldwide support for military missions Defense Department, Department of Defense, DoD, United States Department of Defense, Defense - the federal department (DLA DLA dog leukocyte antigen. ), National Imagery and Mapping Agency (NIMA NIMA National Imagery and Mapping Agency (now National Geospatial-Intelligence Agency; US government) NIMA never in mitosis gene a (molecular biology) NIMA North Idaho Mycological Association ), Patent and Trademark Office (PTO), a division of the Department of Commerce, and an Enhanced Software Agreement with Corel and the Department of Defense (DOD (1) (Dial On Demand) A feature that allows a device to automatically dial a telephone number. For example, an ISDN router with dial on demand will automatically dial up the ISP when it senses IP traffic destined for the Internet. ). About Beyond.com Beyond.com is a business-to-business focused company that sets up e-commerce websites for other companies and sells software and computer related products and services to the government, corporate and consumer markets. The company's eStore division allows software publishers, hardware manufacturers and systems OEMs to put up a dot com store on the Internet in a few weeks. Businesses can choose from an array of offerings, including website design and construction, transaction processing, physical and electronic order fulfillment, customer support, marketing, and merchandising support and reporting. Customers include Executive Software Inc., McAfee.com Inc., Symantec Corp., Systran Software Inc., Palm Computing, Compaq Computer and HP Shopping Village (a subsidiary of Hewlett Packard). Beyond.com's government division provides digitally downloadable software and related services to a growing list of government agencies, including the Internal Revenue Service (IRS), Office of the Comptroller of the Currency (OCC), Bureau of Engraving and Printing (BEP), Defense Logistics Agency (DLA), National Imagery and Mapping Agency (NIMA) and Patent and Trademark Office (PTO), a division of the Department of Commerce. Beyond.com also operates its own online store (http://www.beyond.com/), where customers can find an expansive selection of software and computer related products. 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 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 Beyond.com's signed agreement with Red Hat. Such statements are subject to substantial risks and uncertainties. Actual results of the reseller agreement may differ from the results discussed in the forward-looking statements. 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. Beyond.com news and product/service information is available at the company's World Wide Web site located at http://www.beyond.com. |
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