BrandStamp Forms Strategic Partnership With NEC to Bring Online Product Registration to Japan; BrandStamp, NEC To Launch Pilot Program On Japanese E-Commerce Web Sites.Business/Technology Editors CAMBRIDGE, Mass. and TOKYO--(BUSINESS WIRE)--Sept. 20, 2000 BrandStamp Inc., provider of a powerful link between manufacturers, online retailers and consumers, today announced that it will license its suite of online product registration products to NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Interchannel (NEIC NEIC National Earthquake Information Center (USGS) NEIC National Energy Information Center (DOE, EIA) NEIC Northeast Illinois Council (Boy Scouts of America) ), a subsidiary of the worldwide high technology leader NEC Corporation, for a series of pilot programs on Japanese e-commerce Web sites. The pilot is expected to launch in the coming months on several of Japan's leading e-commerce Web sites using the full suite of products, which includes RegiStar(TM), the Online Product Registration Engine, InSite(TM), a database tool of accurate, detailed information about customer purchase behavior, and BuyFile(TM), a central online location for consumers to track product registrations. "We are excited to be working with NEIC to launch this program in Japan and to give global consumers the same access to a convenient way to register their products at the online point-of-purchase that U.S. consumers currently enjoy," said Sean Brown Sean Brown (born on November 5, 1976 in Oshawa, Ontario, Canada) is a National Hockey League utility player and enforcer playing for the Nurnberg Ice Tigers of the DEL. , 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. of BrandStamp. "This partnership with NEIC, a worldwide leader and innovator, as well as the global expansion of our innovative product offerings, underscores the value that BrandStamp adds to manufacturers, retailers and consumers alike." "It is a goal of NEIC to help our manufacturer and retailer partners increase e-commerce sales in Japan and BrandStamp gives us access to the cutting-edge technology and the management expertise we need to more rapidly achieve this goal," said Yasushi Kurokawa, President of NEC Interchannel. "With their online product registration technology and their database of consumer information, BrandStamp gives consumers a added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Under the terms of the deal, BrandStamp will license RegiStar(TM), InSite(TM) and BuyFile(TM) to NEIC, providing both technology and management support. Japanese retailers will offer RegiStar(TM) to give their online consumers access to product registration at the point-of-purchase. As consumers continue to register using RegiStar(TM), this registration information will populate To plug in chips or components into a printed circuit board. A fully populated board is one that contains all the devices it can hold. the InSite(TM) database and enable manufacturers to begin direct communications with their end customers. Consumers will also be able to access BuyFile(TM) so they can track their product registrations online. BrandStamp has already introduced this innovative system to the U.S.-based baby products industry through the online juvenile product retailer Babygear.com and has manufacturer participation from 40+% of this market. About BrandStamp Based in Cambridge, MA, BrandStamp was founded in December 1999 with the goal of improving relationships among online consumers, retailers and manufacturers. With its patent-pending online product registration technology and powerful database of purchase and demographic information, BrandStamp creates a link among consumers, manufacturers and retailers and helps them to 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>. the $40 billion expected to be spent online in the U.S. in 2000. For more information, visit BrandStamp's Web site at www.BrandStamp.com. About NEC Interchannel NEC Interchannel is one of the leading Internet Service companies in Japan, capitalizing on the rapid growth of IT business. NEIC starts with primary CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). formats for PC's and game machines in their production of multimedia contents covering a wide variety of fields of interest such as culture, entertainment, edutainment Educational material that is also entertaining. (application) edutainment - Interactive education and entertainment services or software, usually supplied commercially via a cable network or on CD-ROM. , and amusement Amusement is the state of experiencing humorous and usually entertaining events or situations, and is associated with enjoyment, happiness, laughter and pleasure. Amusement may also be experienced through the recollection of events which have given rise to amusement in the past. , with their objective to be an all-inclusive content provider of every format. NEIC brings more fun, more variety to the world of Multimedia. |
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