Buy.com Selects Vignette To Power Redesigned Site; Vignette's Seamless Back-Office and Customer-Facing Applications Unmatched.Business Editors & High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--Oct. 31, 2000 Vignette Vignette A symbol or pictorial representation of the corporation on a stock certificate. Usually a complicated and artistic design, it is meant to make the counterfeiting of stock certificates as difficult as possible. Corp. (Nasdaq:VIGN VIGN Vignette Corporation (stock abbreviation, AMEX) ), the leading supplier of e-business applications, today announced that Buy.com (Nasdaq:BUYX), The Internet Superstore, has selected Vignette(R) V/Series(tm) and Vignette e/Series(tm) technology on which to build its virtual new store front, slated to debut in 2001. Currently, Buy.com receives millions of page views per day and needed a software technology stack A Technology stack refers to the layers of components or services that are used to provide a software solution or application. Traditional examples include the OSI seven layer model, the TCP/IP model and the W3C technology stack. with seamless integrated sell-side and enterprise software capabilities. Through the Vignette eContent(tm), the Vignette V/5 Content Management Server(tm) and the Vignette V/5 Lifecycle Personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. Server(tm), Buy.com can now provide their customers with a highly personalized and richer browsing and shopping experience. "When we began the selection process for a new software vendor, one of our most important criteria was seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of products from back-end to customer-facing applications; Vignette was the best company to meet our needs," said Greg Hawkins Gregory Dale Hawkins was a trader and principal in the hedge fund Long-Term Capital Management that after four spectacularly successful years lost most of its clients' money in 1998 when the Russian government defaulted on its debt payments on August 17, 1998, triggering a , 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 Buy.com. "In addition, Vignette's strategic alliance with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) was an additional bonus, as we are the world's largest IBM Netfinity business." About Vignette Corp. Vignette Corp. (Nasdaq:VIGN) is the leading supplier of e-business applications. Vignette's products enable businesses to create and extend relationships with prospects and customers and facilitate high-volume transaction exchanges with suppliers and partners, all of which enhances customer satisfaction. Vignette powers more than 1,100 leading e-businesses. Headquartered in Austin, Texas, Vignette has offices located throughout the Americas, Europe, Asia, and in Australia and can be found on the Web at http://www.vignette.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. The statements contained in this press release that are not purely historical are forward-looking statements including statements regarding Vignette's expectations, beliefs, hopes, intentions or strategies regarding the future. Forward-looking statements include statements regarding future sales, market growth and competition. All forward-looking statements included in this press release are based upon information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward-looking statement. Actual results could differ materially from the Company's current expectations. Factors that could cause or contribute to such differences include, but are not limited to, Future Losses, Limited Operating History, Fluctuation of Quarterly Revenues and Operating Results, Competition, Dependence on a Small Number of Large Orders, Lengthy Sales Cycle and Product Implementation, Acquisition Integration, Market Awareness of Our Product, Rapid Changes in E-Relationships Technology and New Products, and other factors and risks discussed in the Company's 10K, as amended and filed with the Securities and Exchange Commission and any reports filed from time to time with the Securities and Exchange Commission. Vignette is a registered trademark and Vignette eContent, the Vignette V/5 Content Management Server and the Vignette V/5 Lifecycle Personalization Server are trademarks of Vignette. All other names are the trademarks of their respective companies. |
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