ClearCommerce, Preview Systems Form Alliance for Secure E-Commerce; Alliance Protects Delivery of Digital Goods at ReleaseNow.Business Editors/High-Tech Writers AUSTIN, Texas & SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 30, 2001 ClearCommerce Corp., a provider of transaction management and fraud prevention software for 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. , today announced an alliance with Preview Systems (Nasdaq:PRVW PRVW Preview ), a leader in digital goods delivery technology. ReleaseNow, a leading commerce service provider (CSP (1) (Certified Systems Professional) An earlier award for successful completion of an ICCP examination in systems development. See ICCP. (2) (Commerce Service P ), has integrated both ClearCommerce and Preview Systems' technologies into its PowerCommerce Engine, a software tool that optimizes the marketing, sale and delivery of digital goods over the Internet. One of the PowerCommerce Engine's strengths is its open architecture that integrates easily with best-of-breed third-party technologies like those developed by ClearCommerce and Preview Systems. The ClearCommerce(R) Engine enables merchants and CSPs to automate To turn a set of manual steps into an operation that goes by itself. See automation. Internet sales through secure back-end 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. in real-time, increasing system availability, performance levels and profitability. The ClearCommerce Engine also provides rules-based fraud protection. Preview Systems' digital rights commerce platform manages the fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. of digital goods and associated licenses. "To deliver the kind of 24 x 7 service our customers demand, we need reliable partners," said David Roman, chief marketing officer of ReleaseNow. "The Preview Systems platform provides the flexibility and scalability we require, and ClearCommerce's real-time transaction processing gives us a cost-effective way to securely process transactions and still have control over the way our system operates." Following the implementation at ReleaseNow, ClearCommerce and Preview Systems have entered into a co-marketing alliance. The agreement provides that the two companies will share marketing data and participate in joint promotions. "Working with ClearCommerce helps us deliver better value to our customers, such as ReleaseNow," said Vincent Pluvinage, chief executive officer of Preview Systems. "Our secure infrastructure used with the PowerCommerce Engine makes a strong combination for fast, reliable software downloads." "Today's big question is 'How can I build a profitable business using the Internet?'" said Robert J. Lynch, president and chief executive officer of ClearCommerce. "Profit begins with revenue. ClearCommerce and Preview Systems can now offer enterprise customers a way to easily generate and collect revenue." About Preview Systems Preview Systems' digital rights commerce platform enables service providers and content producers to sell digital goods over the Internet legally and securely. Preview Systems also ensures the protection, delivery and management of the rights associated with the use of digital products. Headquartered in Sunnyvale, Calif., the company counts as its customers a network of software publishers, record labels, distributors, service providers, resellers and hardware manufacturers. For more information, please visit the Preview Systems Web site at www.previewsystems.com. About ClearCommerce Austin, Texas-based ClearCommerce is a leading provider of e-commerce transaction software for enterprises and commerce service providers, including Apple Computer, Cardservice International, Chase Merchant Services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or , EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , Harrods, Hewlett Packard, PETsMART.com and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. . ClearCommerce provides transaction management technology directly and indirectly through Commerce Service Providers for more than 35,000 merchants worldwide. Features of ClearCommerce software include real-time credit card processing and robust Internet fraud A crime in which the perpetrator develops a scheme using one or more elements of the Internet to deprive a person of property or any interest, estate, or right by a false representation of a matter of fact, whether by providing misleading information or by concealment of protection, as well as online reports, storefront integration, back-end integration, shipping/tax calculation and delivery of digital merchandise. For more information, please visit www.clearcommerce.com. All trademarks are the property of their respective owners. The statements contained in this release that are not purely historical are 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. within the meaning of Section 21E of the Securities and Exchange Act of 1934. These include statements regarding Preview's expectations, beliefs, hopes, intentions or strategies regarding the future and, in particular, growth of the international digital software distribution marketplace and deployment of our solution by ClearCommerce and its partners and customers. These forward-looking statements are subject to a number of risks and uncertainties, including: the worldwide growth and acceptance of digital distribution of music; the growth of Preview's network of software publishers, music labels, distributors, service providers, retailers and hardware manufacturers; the amount of premium music titles and software applications available for digital download  The perspective and/or examples in this article do not represent a world-wide view. Please [ edit] this page to improve its geographical balance. ; technical challenges
specific to ClearCommerce and its partners' implementations of our
solution; the ability of the solution to achieve desired system
integration, flexibility and other expected business benefits and
adverse economic conditions in any of the major countries in which
Preview Systems does business. Actual results may differ materially due
to these and other factors. The matters discussed in this press release
also involve risks and uncertainties described from time to time in
Preview's filings with the Securities and Exchange Commission. For
further discussion of the risks and uncertainties, readers should see
the Risk Factors described in our quarterly reports on Form 10-Q Form 10-QSee 10-Q. for the quarters ended March 31, 2000, June 30, 2000 and Sept. 30, 2000, respectively, our annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended Dec. 31, 1999, our final Prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. dated Dec. 7, 1999 for our initial public offering and our press releases. Preview Systems assumes no obligation to update the forward-looking information contained in this press release. |
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