CityXpress Sign Agreements with Three More Newspapers to e-Commerce Enable Classified ads.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- CityXpress Corp. St. John's Telegram, Western Star and Nashua Telegraph all to use eClassifiedXpress CityXpress Corp., a company whose online marketplaces have generated more than $60 million in revenue for newspapers in the past two years, today announced agreements with The Telegram and The Western Star of Newfoundland, Canada and The Telegraph of Nashua, N.H. to e-commerce enable the newspapers' classified ads with eClassifiedXpress. eClassifiedXpress will provide the complete platform for a new online-only classified marketplace being launched by The Telegram and The Western Star. This package includes an online ad-taking system that allows sellers to submit their classified ads; a classified Web site that allows ads to be browsed or searched and displayed; and e-commerce functionality that allows users to transaction-enable their ads. The classified marketplace will cover the entire province of Newfoundland, and is scheduled to launch in mid-January. "The implementation we are now completing for The Telegram and The Western Star uses the full feature set of our eClassifiedXpress platform to provide an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. ," said Phil Dubois Phil DuBois (born November 16, 1956 in Rochester, Minnesota) was an American football tight end in the NFL for the Washington Redskins. He played college football for San Diego State University. , 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 CityXpress. "To our knowledge it is the first online-only private-party classified site with full e-commerce functionality to be launched by a newspaper." In a more typical application, The Telegraph will be integrating CityXpress' eClassifiedXpress platform with its own classified Web site and online ad-taking system. The Telegraph plans to launch its e-commerce enabled classifieds in mid-January. "More and more newspapers are discovering the value of eClassifiedXpress to respond to online competition by companies such as eBay and Craigslist," said Dubois. "It's no secret that newspapers are losing classified revenue to these companies, and we believe that eClassifiedXpress is a key part of the solution newspapers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ." Vendors listing merchandise on each of the sites will be able to select one of three interactive selling methods when placing an ad: fixed price purchase, best offer or auction. Ads that feature one of these options appear with the appropriate transaction button on the site. When a purchaser clicks on the button, eClassifiedXpress guides them through the online purchase and payment process. ABOUT CITYXPRESS CityXpress (www.cityxpress.com), the leading supplier of event auctions, online marketplaces and e-commerce enabled classifieds for the newspaper industry, has pioneered event auctions for newspapers since 2002. CityXpress works with newspapers in the United States Newspapers have declined in their influence and penetration into American households over the years. The U.S. does not have a national paper per se, although the influential dailies the New York Times and the Wall Street Journal are sold in most U.S. cities. , Canada and Europe to stage local auctions through its hosted software and on-site sales and customer support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . The company currently provides services to newspaper companies including Knight Ridder
Knight Ridder (IPA: /ˈrɪdɚ/) was an American media company, specializing in newspaper and Internet publishing. , MediaNews Group Not to be confused with Media General, an unrelated newspaper and TV group. MediaNews Group, based in Denver, Colorado, is one of the largest newspaper companies in the United States. , Cox Enterprises, McClatchy, CanWest Global, Lee Enterprises, Scripps Howard, Freedom Newspapers, the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times Company and the Northcliffe Newspaper Group. CityXpress is headquartered in Vancouver BC and Seattle WA. In 2004, CityXpress announced a strategic relationship with Knight Ridder, the nation's second largest newspaper publisher, to be the exclusive provider of online auctions for its newspapers. This press release and/or communication contains forward-looking statements regarding the Company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, such as the Company's capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. and other liquidity concerns, fluctuations in demand for newspaper auctions and for the Company's other products, competition, technological developments, and other risks and factors. These and other important factors may cause actual results and performance to differ materially from the results expressed in or implied by such forward-looking statements. The forward-looking statements are based on information available to the Company and speak only as of the date hereof. The Company does not assume, and expressly disclaims any obligation or duty to update or revise any of the information presented herein. |
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