CAM Partners With WineAccess.com to Deliver E-Commerce Solutions to Wine Retailers.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)--Nov. 22, 1999-- CAM cam, mechanical device cam, mechanical device for converting a rotating motion into a reciprocating, or back-and-forth, motion, or for changing a simple motion into a complex one. Data (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) ) Monday announced that it has partnered with WineAccess.com of Narberth, Penn. to provide e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. solutions to wine retailers by linking its popular CAM III, CAM-32, and Retail STAR retail management systems to the WineAccess.com Web site. WineAccess builds e-commerce sites for wine retailers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . A critical component to providing this service to the wine retailer is integration with the retailer's POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale system. WineAccess, who recently received $6 million in venture capital, is funding the development of the software integration between the CAM software and the WineAccess Web site. In an effort to gain quicker deployment of its product, WineAccess intends to provide incentives to retailers to adopt its service by helping the retailer financially with the purchase of a new POS system that integrates with WineAccess. "As we move forward with our plans to build e-commerce internet sites for wine retailers across the United States, a key component of our success is the ability to leverage our offering through a solid Retail management system," stated Jim Weinrott, chief executive officer of WineAccess.com. "CAM Data was a natural partner for us because they are one of the recognized leaders in providing POS and inventory management systems to wine retailers. Establishing this partnership with CAM Data is an important step in executing our strategic plan." "By partnering with WineAccess, we hope to help wine retailers who want to participate in e-commerce through the WineAccess program to leverage their investment in their existing systems, as well as expand our visibility among wine retailers and attract new customers who are interested in WineAccess," stated 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 Data Systems. "Our dealings with WineAccess.com have shown us that they are a very professional and focused company with the financial backing to make their vision a reality, and we are very happy to be a part of it." CAM Data Systems Inc. provides total commerce solutions for traditional as well as web retailers that are based on the company's open architecture software products for managing inventory, point of sale, sales 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. and accounting. These solutions often include hardware, installation, training, service and consulting provided by the company. The statements made in this news release could be 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. based on expectations that involve a number of risks and uncertainties. The factors that could cause actual results to differ materially include the following: economic conditions, competitive factors and pricing pressures; changes in product mix; technological developments affecting the company's operations, market, products and other factors discussed in the company's filings with the Securities and Exchange Commission. |
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