Vstore.com Provides True E-Commerce Capability to Both the Davids and the Goliaths of the Internet.
STAMFORD Stamford, town, England
Stamford, town (1991 pop. 18,127), in the Parts of Kesteven, Lincolnshire, E central England, on the Welland River. It is a market town. Products include diesel engines, electrical equipment, bricks, and tiles. , Conn.--(BUSINESS WIRE)--Nov. 22, 1999--
Vstore.com Provides 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. to Premiere Sites
Including About.com About.com is an online source for original consumer information and advice, a top 10 Web property used by one out of five people on the Internet (Nielsen NetRatings). It is owned by the New York Times. (TM), Even as More Than 60,000
Stores Have Been Created by Individuals
Vstore.com(TM) (www.vstore.com) is strengthening its grip as the leader in personal e-commerce, by closing strategic deals with four leading sites in their respective categories. Vstore.com is now a key provider of e-commerce solutions for visitors of About.com(TM), the leading network of niche vertical sites. Through the partnership, Vstore.com will have access to About.com's 8.5 million unique users.
In addition, MyFamily.com(R), HomePage.com and Homestead Homestead.
1 City (1990 pop. 26,866), Dade co., SE Fla.; inc. 1913. A large Miami suburb with a growing Hispanic population, Homestead is a trade center for the redland district, known for its many varieties of citrus and other fruits and vegetables. .com(TM) have outsourced their e-commerce offerings to Vstore.com. These partnerships demonstrate the strength of Vstore.com's business model to help both large online organizations and individuals profit from e-commerce.
"This is a milestone for Vstore.com," said Scot Melland, 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 Vstore.com. "The ability to build strategic alliances with category leaders like About.com is testament to the strength of our business."
"Our alliance with Vstore.com is an important development for About.com," said Scott Kurnit, Chairman and CEO of About.com. "For our leading network of niche vertical sites, flexibility and customization are key criteria for a successful partnership; Vstore.com gives us both."
Vstore.com Delivers Unique E-Commerce Solutions for Its Varied Partners "Superior infrastructure is becoming the hallmark hallmark, mark impressed on silverwork or goldwork to signify official approval of the standard of purity of the metal, also called plate mark. The hallmark was introduced by statute in England in 1300 and enforced by the Goldsmiths' Hall, London. of the great e-commerce players today. Vstore.com has built a 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. and customer service infrastructure that delivers products from hundreds of suppliers to over 60,000 customized and personalized per·son·al·ize
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.
2. To attribute human or personal qualities to; personify. storefronts," said Erik Jansen Jan·sen , Cornelis 1585-1638.
Dutch theologian and founder of the Jansenist movement, whose adherents included Antoine Arnauld, Blaise Pascal, and Jean Racine.
Noun 1. of Pequot Capital Management, a leading investor in Vstore.com. "Vstore.com is quickly growing into the industry's 'secret weapon' for enabling anyone to participate in e-commerce."
Through a comprehensive line-up of tools and services, Vstore.com is poised to deliver top-quality e-commerce solutions to its partners. Such services include:
- A giant network of stores for About.com, called "ShoppingAbout",
presents merchandise in context with About.com's niche vertical
sites. These stores feature About.com-branded merchandise as well
as over 500,000 products, with plans to expand to one million
products and a focused store for each of About.com's 650
topic-specific sites by Spring 2000.
- A private-labeled store at MyFamily.com's affiliate,
MyFamily.com, that offers personalized wish lists and gift
categories for members and their families.
- Seamless one-step links from members' home pages to individually
branded storefronts for MyFamily.com, HomePage.com and
Homestead.com, which provide homepage-building services.
Melland adds, "After securing $26 million in second round funding this month, Vstore.com is expanding its leadership position by serving large online organizations, charities and community sites as well as its primary target audience of individual online entrepreneurs. We are very pleased with our continued momentum."
Vstore.com is leading the way in the newly defined category of personal e-commerce, which represents a revolutionary trend that enables anyone to sell online. Unlike traditional affiliate programs, store building tools, and online auctions, personal e-commerce empowers users to leverage existing relationships and sell a personal selection of brand-name products through their own individually branded online stores. Vstore.com is different than all other e-commerce providers as it is the only tool that can easily be used by individuals, organizations and charities, and community-based Web sites alike.
Vstore.com is a privately held company privately held company
A firm whose shares are held within a relatively small circle of owners and are not traded publicly. dedicated to bringing e-commerce to everyone. Employing a staff of 70, Vstore.com is headquartered in Stamford, Connecticut Stamford is a city in Fairfield County, Connecticut, United States. According to 2006 Census Bureau estimates, the population of the city is 119,261, making it the fourth largest city in the state. , with operations in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " . For more information, visit www.vstore.com.
About.com is the leading network of niche vertical sites for users and marketers. The network includes over 650 highly targeted environments, each overseen by a professional guide. Each vertical niche provides a comprehensive consumer experience including the Internet's best link directories, original content, community features and commerce opportunities. Media Metrix (September 1999) ranks About.com as the largest news, information and entertainment Internet Internet
Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the property. This news release contains 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 risks and uncertainties regarding About.com. Investors are cautioned that such results or events predicted in these statements may differ materially from actual future events or results. Factors that could cause actual events or results to differ from anticipated events or results include the company's limited operating history, history of losses and anticipation of continued losses, potential volatility of quarterly operating results, and other risks that are contained in About.com's reports and documents filed from time to time with the Securities and Exchange Commission.