CAM Commerce Solutions Announces Agreement With NDC.Business Editors FOUNTAIN VALLEY Fountain Valley, city (1990 pop. 53,691), Orange co., S Calif.; inc. 1957. Chiefly residential, Fountain Valley also has diverse manufactures, including apparel, computer equipment, semiconductors, and medical equipment. A U.S. navy helicopter facility is there. , Calif.--(BUSINESS WIRE)--April 18, 2000 CAM Commerce Solutions (Nasdaq:CADA CADA Canadian Automobile Dealers Association CADA Capitol Area Development Authority CADA Canadian Alliance of Dance Artists CADA Central Area Development Association CADA California Association of Directors of Activities (Santa Cruz, CA) ) CAM Commerce Solutions announced Tuesday a processing and distribution agreement with NDC NDC National Drug Code NDC NATO Defense College NDC National Documentation Centre (National Hellenic Research Foundation, Athens, Greece) NDC National Dairy Council NDC National Democratic Congress eCommerce (NYSE NYSE See: New York Stock Exchange :NDC). NDC eCommerce will provide electronic authorization, data capture, and merchant accounting services to CAM Commerce Solution's customers. In addition, NDC eCommerce will offer CAM Commerce Solution's Retail ICE (Inventory Control Expert) solution along with NDC eCommerce's credit card processing to retail customers. The distribution agreement specifies that CAM Commerce Solutions will embed within its retail software packages, including the company's new Internet See Web 2.0 and Internet2. storefront software, a direct link to NDC eCommerce so that retailers can benefit from the cost efficiencies and time savings provided by NDC eCommerce's end-to-end credit card 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. network inclusive of inclusive of prep. Taking into consideration or account; including. authorization, data capture and merchant accounting. "Our agreement with NDC eCommerce allows us to broaden the reach of our Retail ICE solution through additional distribution channels including NDC eCommerce resellers and direct salespeople," said Geoff Knapp, 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 CAM Commerce. "This is a significant new revenue opportunity for CAM Commerce Solutions that allows merchants to enjoy the value that comes from the combination of cutting-edge, free of charge retailing and accounting software integrated with industry leading payments processing capability," he added. Paul R. Garcia, CEO of NDC eCommerce said, "Working with CAM Commerce Solutions offers NDC eCommerce the ability to further benefit the marketplace by offering innovative new products to our customers that also extended our processing scope. We look forward to a long and rewarding relationship with CAM Commerce Solutions." CAM Commerce Solutions Inc., (formerly known as CAM Data Systems Inc.), provides total commerce solutions for traditional, as well as web retailers that use the company's open architecture software products for managing inventory, point of sale, sales transaction processing, and accounting. Nearly 10,000 retail stores currently operate their business using CAM Commerce solutions, which include hardware, installation, training, service, and consulting provided. CAM 's Web address is www.camcommerce.com. National Data Corp. (NYSE:NDC) is a leading provider of electronic commerce solutions and health information services See Information Systems. that add value to its customers' operations. This document may contain forward-looking statements concerning the company's operations, current and future performance and financial condition. These items involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, development difficulties, the ability to consummate and integrate acquisitions, and other detailed in the company's SEC filings. The company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events. |
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