Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Beyond.com and ITC Expand U.S. Department of Treasury Agreements by 1,300 Desktops.


Business Editors

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)--March 20, 2000

Agreement To Digitally Distribute Microsoft Software to the 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.  Marks Fourth Deal in Nine Months With ITC ITC (Brit) n abbr (= Independent Television Commission) → Fernseh-Aufsichtsgremium

ITC n abbr (BRIT) (= Independent Television Commission) →
 

and Beyond.com

E-commerce services provider Beyond.com(TM) (Nasdaq: "BYND") and Intellisys Technology Corporation (ITC) of Fairfax, Va., have partnered to electronically deliver Microsoft software to the Office of Thrift Supervision (OTS See Office of Thrift Supervision. ), a bureau of the Department of Treasury. Under terms of the agreement, Beyond.com will electronically deliver Microsoft software and updates to approximately 1,300 desktop and server computers within the Office of Thrift Supervision.

"The 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.  offering is further evidence of Beyond.com and ITC's enterprise software management capabilities," said Steven Cooker, vice president and general manager of government sales for Beyond.com. "We are pleased to help the government progress towards standardizing the delivery of all software, via digital download, and hence help reduce their total cost of software ownership."

"Our mission is to provide valuable solutions to the complex technological challenges facing our customers in today's rapidly-changing digital market," explained ITC President and Chief Executive Officer Steve Baldwin. "This award is proof that ITC and Beyond.com are accomplishing this objective with efficient methods for responding to the federal government's Internet and e-commerce needs."

The agreement allows the Office of Thrift Supervision to utilize Beyond.com's 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 their various sites. EDM is a proprietary service developed by Beyond.com to ease the deployment, management and maintenance of software throughout government agencies and large enterprises.

The agreement covers licenses for Microsoft's Windows NT Server, Windows NT Workstation, Office Professional, Project Exchange Server 5.5 and other BackOffice software, along with additional products, for Office of Thrift Supervision employees. Under terms of the contract with ITC, the OTS will also be able to use Beyond.com as its Web-based store for the electronic purchase of additional Microsoft products.

The new agreement continues to strengthen the relationship Beyond.com and ITC have established with the Department of Treasury. Most notably, the two companies signed a $120 million agreement with 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. ) in June of 1999. Beyond.com also provides digitally downloadable software to the 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 the 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.

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 website design and construction, transaction processing, physical and electronic order fulfillment, customer support, marketing, and merchandising support and reporting. Customers include CADopia.com, Compaq Computer, Executive Software Inc., HP Shopping Village (a subsidiary of Hewlett Packard), 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 Department of Treasury, 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").

About ITC

Founded in 1983, ITC is at the forefront of government e-commerce applications and provides Enterprise Technology services and products to organizations throughout the government. ITC was recently selected as one of two contractors to prime the three-year, $300-million U.S. Army Personal Computer - 3 (PC-3) contract. ITC has experienced exceptional growth since 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.  Steve Baldwin and his management team joined the company last year.

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 government trends in using electronic software download and Beyond.com's agreement with the Office of Thrift Supervision for electronic delivery, maintenance and technical support of Microsoft software products. The Government is obligated ob·li·gate  
tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates
1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force.

2. To cause to be grateful or indebted; oblige.
 only to the extent of authorized purchases actually made under the contract. Such statements are subject to substantial risks and uncertainties, including the risk that the contract is terminated prematurely and that the government ceases to procure software through electronic delivery. 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.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Mar 20, 2000
Words:867
Previous Article:Buildnet Files Registration Statement for Proposed Initial Public Offering.
Next Article:OutletZoo.com Empowers Organizations to Profit From Excess Inventory Sales Over the Internet.
Topics:



Related Articles
Tax Division testifies on administration's tax proposal.
ITC review defuses U.S.-EC antidumping dispute.
Seven lease transactions completed at Toy Center.
VISIO, BEYOND.COM, INTELLISYS LAND BIG SOFTWARE CONTRACT WITH INTERNAL REVENUE SERVICE.
TEI-Department of Finance liaison meeting agenda: income tax issues.
ARMY SMALL COMPUTER PROGRAM AWARDS IGOV.COM ADMC-1 BPA.
BRIEFCASE SKECHERS MOUNTS FRENCH CONTROL.
ACROSS THE BOARD : THE WEEK AHEAD.
Doorskin imports not a threat to U.S. producers, ITC says. (26 Years Ago).
Chip maker slapped with tariffs.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles