Preview Systems' Digital Goods Commerce Solution Powers buy.com's New Software Download Store.Business Editors SUNNYVALE, Calif.--(BUSINESS WIRE)--May 1, 2000 Titles From Symantec, Lotus, Macromedia, McAfee.com, FileMaker and Others Now 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.
Preview Systems (Nasdaq:PRVW PRVW Preview ) today announced that buy.com (Nasdaq:BUYX), the multi-category Internet superstore su·per·store n. A very large retail store that stocks highly diversified merchandise, such as groceries, toys, and camera equipment, or a wide variety of mechandise in a specific product line, such as computers or sporting goods. , is the latest online retailer to deploy Preview's digital goods commerce solution to sell software downloads online. Using Preview's technology, buy.com has created a new download store that enables consumers to securely purchase software over the Internet and download it "Download It" is Clea's debut single. It was released in the UK on September 22, 2003 and missed the top 20 charting at #21. The single had average promotion, being performed in shows like Top of the Pops. directly to a PC. buy.com's store went live today, offering software titles such as Norton Antivirus A popular antivirus program from Symantec. The AntiVirus function is available as a separate product for home and business users or as part of various packages that contain other utilities such as Norton SystemWorks and Norton Internet Security. See Norton Utilities. 2000, Norton Internet Security Norton Internet Security (NIS) is a computer utility suite made by Symantec Corporation, with a focus on providing comprehensive Internet protection. It is available for both Microsoft Windows and Mac OS X. It is one of Symantec's flagship products. , WinFax Pro and FileMaker Server 5 for purchase and immediate download. This gives buy.com's customers faster and easier access to leading software applications. Preview's solution also enables buy.com to satisfy customers' requests for physical products and digital downloads within the same shopping session. The buy.com implementation leverages its existing business relationship with Ingram Micro Ingram Micro, Inc. NYSE: IM a Fortune 100 company founded in 1979 and based in Santa Ana, California. It is the world’s largest technology distributor and a leading technology sales, marketing and logistics company. and enables both companies to grow their businesses with digital goods sales and 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. . Ingram Micro, which already distributes physical goods for most of the world's top software publishers, hosts its digital inventory of software products and manages its digital goods commerce using Preview Systems' technology. Preview's solution links buy.com's Web site to Ingram Micro's digital distribution infrastructure. Immediately following a purchase transaction on buy.com's site, the purchased products are supplied electronically from Ingram Micro's server directly to the customer's PC. Ingram Micro manages the back office operations and the fulfillment while buy.com remains the merchant of record and manages the customer experience, branding, pricing and any special promotions. "Preview Systems is enabling us to expand our business to better meet our customers' demands," commented Greg Hawkins Gregory Dale Hawkins was a trader and principal in the hedge fund Long-Term Capital Management that after four spectacularly successful years lost most of its clients' money in 1998 when the Russian government defaulted on its debt payments on August 17, 1998, triggering a , 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 buy.com. "We know that customers want instant gratification GRATIFICATION. A reward given voluntarily for some service or benefit rendered, without being requested so to do, either expressly or by implication. - they want to buy software and have it immediately installed directly on a PC without hassle. Preview's solution lets us access Ingram Micro's entire library of downloadable titles, allowing us to offer our customers the best selection of popular software." "Preview's solution allows Ingram Micro to help our customers meet the demand for downloadable software," said Dave Nalley, vice president and general manager of the consumer and Internet markets division at Ingram Micro. "We have a full offering of titles, and the infrastructure and services to enable our customers to immediately participate in digital goods e-commerce." By deploying Preview Systems' solution, buy.com joins a network of software publishers, record labels, distributors, service providers, retailers and hardware manufacturers that sell digital goods. In addition to buy.com and Ingram Micro, this network also includes Symantec, Macromedia, Corel, The Learning Company, EMI (ElectroMagnetic Interference) An electrical disturbance in a system due to natural phenomena, low-frequency waves from electromechanical devices or high-frequency waves (RFI) from chips and other electronic devices. Allowable limits are governed by the FCC. Recorded Music recorded music n → música grabada , Navarre, Supertracks, ReleaseNow.com, Reciprocal Bilateral; two-sided; mutual; interchanged. Reciprocal obligations are duties owed by one individual to another and vice versa. A reciprocal contract is one in which the parties enter into mutual agreements. , Musicland, Samsung and many others. "With Preview Systems' digital goods commerce solution, buy.com is now able to offer its customers a seamless buying experience for physical and digital goods," said Vincent Pluvinage, CEO of Preview Systems. "This collaboration between buy.com, Ingram Micro and Preview is also a good example of how we can enable software publishers, distributors, service providers and retailers to extend their business models and relationships to encompass digital goods e-commerce." About Preview Systems Preview Systems enables the secure electronic commerce of digital goods, such as software and music, by providing an Internet-based infrastructure that connects software publishers and record labels to their channel partners and customers. Preview Systems' platform also incorporates protection, delivery and management of the rights associated with the usage of digital goods. With headquarters in Sunnyvale, Preview Systems technology is used by a growing network of software publishers, record labels, distributors, service providers, resellers and hardware manufacturers. Preview Systems is publicly traded on NASDAQ under the symbol PRVW. About buy.com buy.com (Nasdaq:BUYX), a leading Internet superstore and the low price leader, offers over 850,000 SKUs in a broad range of categories including computer hardware and peripherals, software, consumer electronics, books, videos, DVDs, games, music, golf, clearance equipment, and travel booking services. buy.com is also the title sponsor of the BUY.COM TOUR. Product reviews in the company's technology categories, easy search functionality across all categories, product recommendations, best sellers, and music clips are among some of the features that help customers make better buying decisions. Individuals and businesses can shop at buy.com 24 hours a day, seven days a week, as well as track packages online and have access to personal customer service representatives all day, every day. The company's virtual operating model Operating Model is a term that is used in many contexts. In essence an operating model describes how an organization operates across both business and technology domains. The Operating Model describes what is important for the organization. allows for better efficiency and scalability into new categories quickly, helping provide the best customer experience with one-stop shopping, broad selection and a low price guarantee. buy.com, founded in June 1997, is located in Aliso Viejo, Calif., and expands globally into Canada and the United Kingdom. For more information visit the company's Web site at www.buy.com. 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, including statements regarding Preview's expectations, beliefs, hopes, intentions or strategies regarding the future and, in particular, growth of the digital software distribution marketplace, deployment of the company's solution by buy.com and Ingram Micro, and consumer downloads of content through the company's solution. These forward-looking statements are subject to a number of risks and uncertainties, including: the growth and acceptance of electronic distribution of software; the growth of Preview's network of software publishers, distributors, service providers and retailers; the amount of premium content available for digital download; technical challenges specific to buy.com's implementation of its solution; and the ability of the solution to achieve desired security and other expected business benefits. Actual results may differ materially due to these and other factors. The matters discussed in this news release also involve risks and uncertainties described from time to time in Preview's filings with the Securities and Exchange Commission. In particular, see the Risk Factors described in Preview's 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 its initial public offering and the company's news releases. Preview Systems assumes no obligation to update the forward-looking information contained in this news release. Note: All trademarks are the property of their respective owners. |
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