Beyond.com Unveils New eStores Product Offerings; Product Enhancements Expand Clients' E-Commerce Capabilities.Business Editors/High-Tech 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)--June 6, 2000 E-commerce services provider Beyond.com(TM) (Nasdaq:BYND) today unveiled new enhancements and offerings to its suite of online store services, eStores by Beyond.com(TM). The new eStores enhancements provide greater flexibility in the design and functionality of their client's stores, which Beyond.com builds and operates. Enhanced eStores capabilities include:
-- The ability to support new business models for transacting on
the Web, including transaction or reseller models.
-- New marketing functionality, including email campaigns,
coupons, promotional banners and newsletter advertising.
-- An improved digital distribution experience for the end user
with enhanced download management client tools, including
localized instructions for international stores.
-- A next-generation customer response management system for
improved customer support via phone, email or the Internet.
"We have incorporated the knowledge gained from operating numerous top online stores to create a more complete robust e-commerce solution that allows our clients to extend their business reach over the Internet, and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. proven e-commerce solutions to enhance their bottom line," said John Vigouroux, senior vice president of sales and marketing for Beyond.com. eStores by Beyond.com The company has branded the eStores product offering as eStores by Beyond.com(TM) and given eStores a new identity including a new logo, a new tagline and a new look and feel on the company's corporate website, http://www.estores.beyond.com. "We want to portray what eStores by Beyond.com represents and how our service offering fits into the business-to-business e-commerce services marketplace," Vigouroux explained. "We think our new eStores tagline: 'Building, managing and marketing e-commerce,' describes to the world what eStores by Beyond.com is all about. We don't just build a store for a client and tell them 'good luck.' In addition to building and managing their online store, we also help them market their store to increase their ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . Their success is our success." Beyond.com builds, manages and markets online stores for software developers, hardware manufacturers and systems OEMs. Clients can choose from a range of services including website development, 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 digital 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 and emarketing programs. The company's eStore Group grew from $1.7 million in revenues in 1998 to $25 million in revenues in 1999, a 1,370 percent increase. Beyond.com has built, and currently operates client stores serving customers in 11 countries around the world. Selected clients include CADopia.com, Compaq Computer, Inprise/Borland, IntelliGolf, Microsoft, McAfee.com, Palm Computing, Symantec, Systran Software and Telex Communications Telex Communications was a Burnsville, Minnesota-based manufacturer of hearing aids and audio equipment. Founded in 1936 as a maker of hearing aids, it merged in 1998 with Electro-Voice, a competitor founded in 1930 which provided John Glenn's microphone during his orbit of earth . "Going forward, we are well positioned to offer brick-and-mortar companies the services and infrastructure they need to rapidly engage in e-commerce at minimal incremental investment and risk. We are excited about the opportunity to become the first top tier player in e-commerce services and look forward to expanding our business in this growing market," Vigouroux said. New eStores clients In related news, Beyond.com announced the launch of two new eStores, built, managed and marketed for clients Zuma Digital and Electric Rain. The Zuma Digital eStore, located at http://estore.beyond.com/zumadigital, features online order tracking capabilities, customer support and physical and digitally downloadable products for its business and consumer customers. The store showcases Zuma's ActiveDVD(TM) line of software for PowerPoint(R), which enables presentations to be seamlessly transitioned to and from custom DVD-Video discs, using any DVD-Video equipped computer. Additional product offerings are scheduled for the store over the next several quarters. The Electric Rain eStore, located at http://estore.beyond.com/FrontDoor/0,1076,3-12,00.html, allows customers to digitally download Electric Rain's marquis product, Swift 3D(TM). The Electric Rain eStore highlights the company's fast and easy-to-use multimedia software application and technology that extends the capabilities of existing software programs. The store also features online order tracking capabilities and customer support. About Beyond.com Beyond.com(TM) is a leading 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, including the 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. ), 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. ), 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 ), Office of Thrift Supervision The Office of Thrift Supervision (OTS) was established as a bureau of the Treasury Department in August 1989 as part of a major Reorganization Plan of the thrift regulatory structure mandated by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) (12 U.S.C.A. (OTS See Office of Thrift Supervision. ) 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. ). 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. This includes statements relating to expectations about Beyond.com and its eStores business. Such statements are subject to substantial risks and uncertainties, including the risk that the company is not successful in signing up additional new eStore clients, or that current eStores clients terminate their contracts prematurely. Beyond.com's business is subject to risks including reductions in or cancellations of customer orders, changes in relationships with software and hardware suppliers, changes in relationships with strategic partners, changes in the product mix sold by the company, competition from other eStore providers, 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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