INTERSHOP and Open Market Join Forces to Target Commerce Service Providers Worldwide.SAN FRANCISCO--(BUSINESS WIRE)--Nov. 11, 1997--INTERSHOP Communications and Open Market Inc., two leading providers of electronic commerce software, today announced the signing of a worldwide joint marketing agreement to market their products to telecommunication companies and commerce service providers. The partnership is expected to combine the strengths of two industry leaders to provide more Internet commerce options to customers. The cooperation between INTERSHOP and Open Market is designed to deliver the best possible tools for developing customized eCommerce applications. As an ISV (Independent Software Vendor) A person or company that develops software. It implies an organization that specializes in software only and is not part of a computer systems or hardware manufacturer. , INTERSHOP will develop software to integrate the unique point-of-sales features of INTERSHOP Mall, the first and only packaged multi-store eCommerce solution, with Open Market's award-winning Transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting (TM) software providing the functionality for secure online business transactions. Furthermore, the agreement covers mutual customer referral, participation in joint marketing activities and sales calls, product branding and trainings for sales and support staff. INTERSHOP will also market its electronic commerce products to Open Market's Web developer channel. "The alliance between Open Market and INTERSHOP strategically targets service providers," stated Petra Vorsteher, INTERSHOP's VP of Strategic Alliances and Business Development. "The integration of our products offers them an infinitely scalable solution to serve small merchants as well as Fortune 500 corporations." "We are very pleased INTERSHOP has agreed to integrate its powerful catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. capabilities with our award-winning Transact(TM) Internet commerce software," stated Gary Eichhorn, 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 Open Market Inc. "These strengths are important to the success of many of our worldwide customers." Open Market Inc. Founded in 1994, Open Market Inc., (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 :OMKT) develops, markets, licenses, and supports high-performance software products that allow its customers to engage in business-to-consumer and business-to-business Internet commerce. Open Market's innovative technology enables the separation of the management of business transactions from the management of content, thereby allowing companies to securely, centrally, and efficiently manage business transactions over the Web. The company, headquartered in Cambridge, Mass., can be reached at 617/949-7000 and on the World Wide Web at http://www.openmarket.com . INTERSHOP Communications Inc. INTERSHOP Communications Inc. is the world's paramount provider of electronic commerce software is headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden with offices in Germany, France and the U.K. Founded in Germany in 1992, INTERSHOP develops, publishes and distributes standard and custom software, offering a full spectrum of electronic commerce solutions. INTERSHOP Communications markets to Fortune 500 enterprises such as Hewlett-Packard and Siemens Nixdorf See Fujitsu Siemens. . Value Added Resellers See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). , and large Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. such as Deutsche Telekom Deutsche Telekom AG (ISIN: DE0005557508, FWB: DTE, NYSE: DT, LSE: DEU, TYO: 9496 ) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU. select INTERSHOP as their core-technology to build thousands of online stores for small and mid-size merchants. INTERSHOP's standard products, single-store INTERSHOP Online and multi-store INTERSHOP Mall, include all components to design and operate complete front-to-back electronic commerce solutions. INTERSHOP applications are proven in key markets including business-to-business, business-to-consumer, supply-intranets, or extranets. For more information, call INTERSHOP at 800/736-5197, send e-mail to sales@intershop.com or visit http://www.intershop.com . -0- Note to Editors: INTERSHOP Online and INTERSHOP Mall are trademarks of INTERSHOP Communications Inc. All other company and product company names mentioned may be trademarks or registered trademarks of the companies with which they are associated. CONTACT: INTERSHOP Communications Inc., San Francisco Lara Abrams, 415/229-0066 |
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