Wave Systems corrects and replaces previous announcement that WINPurchase opens for business-first Web 'publishing for all of us'.NEW YORK--(BUSINESS WIRE)--Oct. 9, 1996-- Easy, low-cost, consumer-to-consumer Consumer-to-consumer (or C2C) electronic commerce involves the electronically-facilitated transactions between consumers through some third party. A common example is the online auction, in which a consumer posts an item for sale and other consumers bid to purchase 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 publishing offers wide range of content Wave Systems Corp. (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 : WAVX) announced today that it has launched its first-ever consumer service, WINPublish/WINPurchase, a low-cost, easy to use Internet publishing and transaction-enabling service, exclusively for electronic content based on Wave's proprietary technology. Wave's micropublishing In micrographics, the issuing of new or reformatted information on microfilm for sale or distribution. services give users direct access to, and the ability to purchase, a wide selection of electronically published content created by anyone with a website, ranging from a new breed of Internet entrepreneurs An Internet Entrepreneur is a person that engages in business on the internet and helps to shape the future of business on the internet by being an innovator. One who is able to recognize opportunity and administer resources to take advantage of the opportunities. to major publishers. Beginning today, the complete publishing cybermart of Wave's micropublishing system is now in operation. WINPurchase provides a complete purchasing infrastructure for consumers to easily purchase a wide variety of Wave-enabled electronic content offered for sale on websites. WINPublish, announced in September, is a unique Internet commerce and publishing environment through which Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f worldwide can publish and sell "anything at any price" on their websites. Scott Smith Scott Smith is the name of:
Wave's comprehensive micro-publishing service is comprised of two components: WINPublish and WINPurchase. WINPublish allows publishers to upload See download. upload - /uhp'lohd/ To transfer programs or data over a digital communications link from a smaller or peripheral "client" system to a larger or central "host" one. Opposite: download. creative content, encrypted en·crypt tr.v. en·crypt·ed, en·crypt·ing, en·crypts 1. To put into code or cipher. 2. Computer Science and in a ready-for-purchase format onto their websites with a few clicks of the mouse. To purchase content, users must open an online account on a secure Wave server. Users will establish a cash account secured by a credit card. Each time a purchase is made, the amount of the purchase is debited automatically from the cash account. WINPurchase customers simply click on a payment button on the seller's web page and the transaction will be completed with the automatic unlocking of the content for the buyer. WINPurchase(tm) customers can buy a wide range of content from small and large companies. The current roster of WINPublishers includes; AIMS Multimedia, Aristo, Arome, BeachWare, CD-Rom Galleries, EnviroMedia, FileABC, Headbone Interactive, ICE, Inc., Invest Learning, Lightspeed Interactive, Medius medius /me·di·us/ (me´de-us) [L.] situated in the middle. me·di·us adj. Of, relating to, or being an anatomical structure that is between two other similar structures or that is midway in Corporation, Miller Associates, Modern Media Ventures, The Music Factory, Organa or·ga·na 1 n. A plural of organon. , Outta the Woods Music, Simon & Schuster Simon & Schuster U.S. publishing company. It was founded in 1924 by Richard L. Simon (1899–1960) and M. Lincoln Schuster (1897–1970), whose initial project, the original crossword-puzzle book, was a best-seller. Interactive, Specom, Strategic Simulations, United Media and Virtus. Content includes: newsletters, images, photos, research, databases, audio, and video selections, cartoons Many of the cartoons used in this database were obtained from The Cartoon Bank, Dobbs Ferry, NY, which has a huge selection of cartoons on every subject (visit www.cartoonbank.com). , screenplays, short stories, poems and software. Transactions on the service can range up from a penny. Publishers determine their own market price for content and then place it for sale on their websites in a few minutes, without the need for opening special electronic banking accounts or installing expensive commerce-based software. This is in direct contrast to other electronic services that require lengthy processes to qualify for providing online transactions and minimum transaction fees of no lower than 25 cents. WINPublish is also the first service that allows publishers to select content directly from individuals' websites. "We are giving the millions of people using the Web the ability to easily sell or purchase a wide variety of content," said Steven Sprague, President, Wave Systems. "We are confident that consumers will recognize the benefits of our service's ease of use, ability to conduct microtransactions and the access it provides to a growing base of content. Importantly, Wave's micropublishing solution provides the security and low cost necessary to successfully support these transactions and allow users to utilize their websites as electronic stores which sell content at prices of their choosing." The Internet is creating a revolution by creating an online environment for buying and selling ideas and products to an audience of potentially hundreds of thousands of Internet users. A recent study of electronic commerce by International Data Corporation noted that "the only barriers for purchasers are the technical capability to pay for products and the availability of desired goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. ." The WINPublish and WINPurchase services -- based on core metering technology developed by Wave Systems -- give thousands of Web users a unique opportunity to buy and sell online. In support of this launch, Wave has appointed Lowell N. Steele, 18-year veteran of the software industry, as the Director of Internet Products to support this product and build the overall Internet division. Mr. Steele is joining Wave from Ewell & Associates a high-tech marketing firm located in Salt Lake City, Utah For ships of the United States Navy of the same name, see . Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C. . He has been involved with Internet and world wide web consulting and training for the last two years. In his consulting he has guided several dozen resellers' and business organizations' Internet strategies. He managed the development of the country's first microcomputer-based energy audit in 1979. Additionally, he has 14 years in key marketing and account management positions for software firms, including Oracle and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , and introduced several hundred end-users to the Internet in presentations while under contract to IBM. Wave Interactive Network (WIN), the primary operating division of Wave, will provide a complete listing of URL's to websites offering publishing content for sale on its website. Steele said that Wave encourages everyone to visit its micropublishing web-site at http://www.winhome.com. "Register as a publisher! Put up some content for the world to buy! It won't be long and you'll know what it's worth," he said. "With the right content, you can do what the world dreams of: make money while you play golf, vacation or sleep. Anyone has the potential to start and operate his or her own publishing service." Wave Systems Corp. is marketing a distributed information metering and transaction service, the Wave System, for use in consumer, entertainment and education applications. The Wave System provides content owners with secure distribution as well as new marketing and pricing options that include rental, rent-to-own, purchase and pay-per-use transactions. Consumers benefit from superior convenience and control in obtaining useful content via delivery systems such as Wave's CablePC distribution channel, online services, the Internet, satellite transmission and CD-ROM. More information about Wave and Wave Interactive Network is available through the Wave Internet home page: http://www.wavesys.com. -0- WaveMeter, WaveNet, WINPublish and WINPurchase are registered trademarks of Wave Systems Corp. CONTACT: Wave Interactive Network Amelia Amelia despite financial woes, remains faithful to Booth. [Br. Lit.: Amelia] See : Faithfulness Amelia takes interest in Paul. [Br. Lit. Burkhart, 413/243-1600 burkhart@wavesys.com or ChipShots Inc. (for WIN) David Gould, 800/593-CHIP dwgould@ix.netcom.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion