Beyond.com Selects mySAP.com To Expand its Business-to-Business E-Commerce Services.Business Editors/Technology Writers NEWTOWN SQUARE, Pa., and 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)--April 18, 2000-- mySAP.com Solution Offering Will Increase Functionality and Scalability to Jump Start eStore Growth SAP America, Inc., the U.S. subsidiary of SAP AG (company) SAP AG - (Systeme, Anwendungen, Produkte in der Datenverarbeitung - German for "Systems, Applications and Products in Data Processing") A company from Germany that sells the leading suite of client-server business software. The US branch is called SAP America. (NYSE NYSE See: New York Stock Exchange :SAP), which is the leading provider of inter-enterprise software solutions, and Beyond.com Corp. (Nasdaq:BYND), an e-commerce services provider that builds and manages Web stores, today announced that Beyond.com has selected mySAP.com(TM) for its end-to-end e-commerce platform. Beyond.com chose mySAP.com based on its ability to enable significant growth in the company's eStore Group through a scalable and integrated Internet business solution. Beyond.com will leverage the flexibility, reliability and scalability of mySAP.com to help facilitate the addition of new eStores that it builds and manages for software developers, hardware manufacturers and systems OEMs. Businesses can choose from an array of services including Web site design and construction, 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 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 , customer support, marketing and merchandising support, and reporting. The company's eStore Group grew to $25 million in 1999, a 1,370 percent increase from $1.7 million in 1998. "We needed an Internet solution that could scale to the kind of growth we expect to see for our eStore Group in the coming year, and SAP with mySAP.com was best able to meet our requirements," said Gordon Jones, senior vice president and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of Beyond.com. "We also wanted a solution that would not only Web-enable our procurement processes, but give us better access to customer information and improve our efficiencies throughout the company. SAP has the functionality and integration expertise to help us accomplish this." Beyond.com has licensed elements of mySAP.com, including SAP(TM) Business-to-Business Procurement(TM), mySAP.com Workplace and core SAP functionality, to quickly achieve significant operational efficiency through the tight integration of front- and back-end processes. Beyond.com has hired Infosys Technologies Ltd., a leading IT consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a and an SAP implementation partner, to integrate the SAP solution with Beyond.com's digital software distribution process. E-Commerce With mySAP.com mySAP.com enables collaborative business-to-business relationships for buying, selling, communicating and streamlining an individual's productivity with simplified access to applications. SAP Business-to Business Procurement features direct links to mySAP.com Marketplace and other Internet marketplaces. Customers can benefit from one-step business processes that execute multiparty transactions with a single click through a smooth, direct exchange of data with vendors via a consistent interface. SAP provides a complete, integrated solution: back-office, front-office and e-business capabilities with a high level of integration throughout. "SAP is uniquely able to tightly integrate front- and back-office applications, enabling a holistic `circle of commerce' by linking e-commerce and back-office processes," said Gregory Rietzke, vice president of e-commerce at SAP America. "Unmatched in the market, this level of integration combined with high scalability allows dotcom companies to meet market demand and deliver superior customer service while improving their bottom line." About SAP As the market leader of inter-enterprise software solutions, SAP is leveraging its strength in industry-focused business software and the world's largest enterprise software customer base to deliver mySAP.com. mySAP.com provides an open collaborative business environment of personalized solutions on demand. This enables companies of all sizes and industries to fully engage their employees, customers and partners to capitalize upon the new Internet See Web 2.0 and Internet2. economy. mySAP.com allows people to harness the power of the Internet to work smarter, better and faster by optimizing supply chains, managing strategic relationships, reducing time to market, sharing virtual information, and increasing productivity and shareholder value. SAP is listed on several exchanges including the Frankfurt stock exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. and NYSE under the symbol "SAP." The SAP World Wide Web site can be found at http://www.sap.com. About Beyond.com Beyond.com is an e-commerce services provider that builds and manages Web stores for businesses and sells software and computer-related products to the government, corporate and consumer markets. The company's eStore division allows software publishers, hardware manufacturers and systems OEMs to launch a full-featured e-commerce store in a few weeks. Businesses can choose from an array of offerings, including Web site design and construction, transaction processing, physical and electronic order fulfillment, customer support, marketing, and merchandising support and reporting. Customers include CADopia.com, Compaq Computer Corp., Executive Software Inc., IntelliGolf, McAfee.com Inc., Palm Computing, Symantec Corp., Systran Software Inc., Telex and Trend Micro. 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 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 ) and Patent and Trademark Office (PTO PTO abbr. 1. Parent Teacher Organization 2. or p.t.o. please turn over 3. power takeoff PTO or pto please turn over Noun 1. ), 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 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). 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 strategic marketing agreement with SAP and its agreement with Infosys to integrate SAP's platform into Beyond.com's digital software distribution process, Beyond.com's eStore Group and the company's expected revenue growth rate for eStore in fiscal 2000. Such statements are subject to substantial risks and uncertainties. Actual results of the strategic marketing agreement with SAP, the agreement with Infosys and the company's eStore Group may differ from the results discussed in the forward-looking statements. Beyond.com's business is subject to risks including reductions in eStore customers, or the company's inability to grow its eStore Group to the levels it anticipates, changes in relationships with eStore customers, changes in relationships with strategic partners such as SAP and Infosys, competition from other eStore competitors, inability to raise sufficient capital on satisfactory terms, or at all, and other factors described in the companys filings with the SEC. Beyond.com news and product and service information is available at the company's Web site at http://www.beyond.com. Copyright (c) 2000 SAP AG SAP, mySAP.com and SAP Business-to-Business Procurement are trademarks or registered trademarks of SAP AG in Germany and several other countries. Other products or service names mentioned herein are trademarks of their respective companies. |
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