CyberSource --R-- Teams With Calico Commerce to Provide eCommerce Transaction Services for Net Marketplaces.Business Editors & High Tech Writers MOUNTAIN VIEW AND SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--May 23, 2000 CyberSource (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CYBS CYBS CyberSource (NASDAQ symbol) ), a leading provider of mission-critical eCommerce transaction services, today announced a strategic alliance with Calico Commerce, Inc. (NASDAQ:CLIC CLIC Centre Local d'Information et de Coordination (French) CLiC Climate and Cryosphere (World Climate Research Programme project, Norway) CLIC Compact Linear Collider CLIC Connecticut Licensing Information Center ), a leading provider of eBusiness applications that enable companies to sell over the Web. Calico Commerce will integrate the CyberSource Commerce Component into its Calico Market Maker(TM) solution. The relationship provides Net marketplaces with complete, plug-and-play eCommerce transaction services that require virtually no systems integration, resulting in faster time to market. Calico Market Maker is a robust B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business solution designed to power digital marketplaces, with rich out-of-the-box functionality that supports multiple buyers and suppliers and offers Net Market Makers unparalleled speed-to-market. Calico's open and scalable architecture allows customers to quickly and easily incorporate additional business services such as the CyberSource Payment Service for B2B customers. With the CyberSource Commerce Cartridge for Calico, B2B customers can process electronic checks, purchasing cards A Purchasing Card is a form of company credit card that allows goods and services to be procured without utilising a traditional purchasing process. Purchasing Cards are usually issued to employees who are required to operate within a set of company rules and guidelines which , credit cards, as well as perform fraud screening, verify delivery addresses, and perform tax calculations in the US, Canada and Europe--all in real time. "In an environment where time-to-market is of critical importance, Calico and CyberSource provide fast-track solutions for Net markets," said Erna Arnesen, vice president of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Field Operations for CyberSource. "Our technology provides support for online credit card transaction capabilities within days, enabling marketplaces to set up shop immediately." "Calico Market Maker functionality is critical for organizations wanting to build communities by grouping appropriate buyers and sellers online, and grow their businesses by successfully meeting the expanding requirements of digital marketplaces," said Matt DiMaria, vice president of marketing for Calico Commerce. "As we continue to grow our Net markets customer base, we look forward to working with CyberSource, a partner that will scale with our business to provide the reliable technology that will transform the way customers process transactions." CyberSource Joins Net Market Alliance Last week in a related announcement, CyberSource was selected by Calico to participate as a charter member of the Net Markets Alliance, an initiative to offer a robust, standards-based, 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. of best-in-class applications providing the core functionality needed to create successful Internet marketplaces See vertical portal and Web hub. . The Net Markets Alliance adds value to Net Market Makers by allowing them to focus on building their business, rather than expending the time and resources necessary to effectively evaluate the multiple offerings in the marketplace. The alliance also helps ensure that each solution works seamlessly and also provides the flexibility to expand with their marketplace momentum. About Calico Commerce, Inc. Calico Commerce, Inc. (NASDAQ:CLIC) provides an eBusiness application suite that enables leading corporations to sell products and services through the Web, through existing channels and in Net Markets. Calico's open-standards eBusiness applications match unique customer needs to products to drive revenue growth, increase customer satisfaction and achieve competitive advantage. Calico customers include leaders in high-technology hardware, manufacturing, telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. , financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , home furnishings furnishings the extra type or quantity of hair on the head, tail, ears or legs, specified for a particular breed. For example, the feathers in setters, the beard in Bearded collies, the eyebrows in Schnauzers. , chemicals, agriculture and retail. Calico Commerce, Inc., headquartered in San Jose, Calif., can be found on the World Wide Web at www.calico.com. About CyberSource CyberSource is a leading developer and provider of eCommerce transaction services, and a pioneer in the area of 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 detection. More than 1,700 businesses in more than 26 countries have chosen to use the CyberSource Internet Commerce Suite. The CyberSource Internet Commerce Suite offers customer-controlled, real-time services including, Payment Services, Tax Services, Risk Management Services, Distribution Control Services, and Fulfillment Management Services. Customers of CyberSource include leading Internet e-tailers, retailers, manufacturers and businesses selling online including Amazon.com, Ashford.com, BUY.COM, Compaq Computer, Mercata.com, MotherNature.com, Nike.com, Priceline, Rx.com, Remedy and Shopping.com. CyberSource Corporation, headquartered in Mountain View, Calif., and can be found on the World Wide Web at www.cybersource.com. CyberSource information is also available via email at info@cybersource.com or ir@cybersource.com. (c)2000 CyberSource Corporation. All rights reserved. CyberSource is a registered trademark in the U.S. and other countries. CyberSource Internet Commerce Suite is a service mark of CyberSource Corporation. All other brands and product names are trademarks or registered trademarks of their respective companies. Except for the historical information contained herein, the matters discussed in news releases contain 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. that involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such forward-looking statements. Potential risks and uncertainties are described in detail in public reports filed with the Securities and Exchange Commission such as Calico's Registration Statement on Form S-1 and on Form S-4 in connection with the ConnectInc.com acquisition. |
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