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eCommerce.com and Extant-Asia to Launch eCommerce Portal for China.


Business Editors

HONG KONG Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov.  and SAN DIEGO--(BUSINESS WIRE)--Jan. 1, 2000

eCommerce.com Inc. and Extant-Asia Limited announced their intent to launch an ecommerce portal for Greater China under the name China.eCommerce.com, by Q2/2000.

David C. Elmore, chairman of eCommerce.com said, "We are proud to partner with Extant, a fast growing powerhouse in the Internet and technology arenas. This portal will be a multi-lingual ecommerce portal focused on business-to-business and business-to-consumer transactions into and out of the Greater China market. This venture is a logical extension of our recently launched eCommerce portal in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  which is powered by Myway.com, a CMGI CMGI Commonly Maintained Grounds Infrastructures
CMGI College Marketing Group Information (Services) 
 company."

"Extant-Asia, under Managing Director, David Lai, has put together an impressive and experienced Internet focused technical and marketing team devoted to expanding the business of Extant Inc. and its partners, throughout Asia, as well as being uniquely positioned to capitalize and leverage opportunities such as the launch and expansion of China.eCommerce.com."

Lai commented, "This year, Extant has established a foothold in Asia and is poised to take advantage of the burgeoning opportunities in the rapidly expanding Internet and technology growth in China and throughout Asia. Partnering with eCommerce.com allows us to combine the management and development forces of the two companies." "The partners and strategic relationships of the combined groups have the depth and strength to build China.eCommerce.com as the leading Web portal See portal.  in China."

"eCommerce.com's capabilities to contribute content, news, ecommerce and technical expertise to China.eCommerce.com, along with Extant's strengths, will bode well for a powerful launch of the Portal in Asia, we are excited about the opportunity," Elmore added.

About Extant

Extant is a national facility based clearinghouse provider for CLECs, ICPs, and other related service providers in the wholesale marketplace. Extant facilitates a global footprint for regional and super-regional players by providing a single source for administrating end-to-end termination with every other local service provider in the Extant Community. A unique clearinghouse capability allows for on-line traffic arbitrage and settlement of charges between the community members through a single all-encompassing statement.

Extant's value proposition starts with providing end-to-end, nationwide data termination to an unlimited number of local service providers. Then, Extant combines the power of their clearinghouse and settlement capabilities with a unique eBusiness platform to support their latest "next generation" network to drive new data revenues to each of the community members, instead of competing with them.

Extant Asia is a subsidiary of Extant Inc. and its Asia Pacific headquarters. Extant Asia is a regional facilities-based IT Total Solutions Provider offering Internet services, Internet content sites, SME (1) (Small and Medium-sized Enterprise) See SMB.

(2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division.
 eBusiness Solutions and Knowledge Management products to a wide array of local, regional and international carriers, ISPs, corporations and retail customers. It has a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 in Shenzhen, Peoples Republic of China, providing R&D and technical supporting services to both the company and clients.

Major equity holders in Extant include Safeguard Scientific Inc. (NYSE NYSE

See: New York Stock Exchange
:SFE See Sydney Futures Exchange. ), www.safeguard.com; Exelon Capital Partners, www.exeloncorp.com a subsidiary of PECO PECO Países da Europa Central e Oriental (Portugal)
PECO Philadelphia Electric Company
PECO Public Education Capital Outlay
PECO Pelagic Cormorant (phalacrocorax pelagicus) 
 Energy (NYSE:PE), www.peco.com; Lucent Technologies (NYSE:LU), www.lucent.com; and EnerTech Capital Partners, www.enertechcapitalpartners.com.

For more information about Extant Inc. and its services, please visit their Web site at http://www.extant.net or send e-mail to info@extant.net or call 303/256-6100. Extant Inc., Pavilion Tower II Suite 700, 2821 South Parker Road, Aurora, CO 80014.

About eCommerce.com Inc.

Since 1995, eCommerce.com has identified and pursued significant market opportunities in developing dynamic database driven electronic commerce sites and systems for sales, fulfillment, financial and customer services for its clients over the Internet. eCommerce.com pioneered the integration of the online Web store with the back end fulfillment systems used by our clients. This allowed the Internet computers to talk directly to the fulfillment house A fulfillment house is a company specializing in fulfillment services. Fulfillment house overview
Fulfillment, also known as order fulfillment or product fulfillment
 computers, in real time, and lowered the fulfillment cost per sale by over 50%.

The company has developed an impressive list of client companies for which dynamic interactive sites have been developed and hosted including Time Warner's Sports Illustrated, Turner Online, The National Football League (NFL NFL
abbr.
National Football League

NFL (US) n abbr (= National Football League) → Fußball-Nationalliga
), Yahoo, Lucent, Rodale Press, World Championship Wrestling For the Australian professional wrestling promotion, see World Championship Wrestling (Australia). For the poet, see William Carlos Williams.

World Championship Wrestling (WCW) was an American professional wrestling promotion which existed from 1988 to 2001.
, Entertainment Weekly, Philips North America, Monsanto and ATT ATT

ammonia tolerance test.
.

The company was recently acquired by Cybanetix.com, L.P., and in its current phase, it is building a true internationally targeted ecommerce Portal, to serve dynamic Web sites; joint venture with key clients on the utilization of client databases; sell and promote the products and business of the client; and most importantly, expand eCommerce.com's own businesses through acquisition and growth. The company's stockholder equity has increased through recent funding and the purchase of technology, shopping malls, and Asian businesses focused on the China market.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 31, 1999
Words:790
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