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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Robert B. who wrote (50962)2/3/1999 9:23:00 AM
From: pakk67  Read Replies (2) of 119973
 
LGND got approved from FDA

BURLINGTON, Mass., Feb 3 (Reuters) Open Market Inc. an Internet commerce software company said Wednesday that it has an agreement to integrate its software into Lycos Inc.'s e-commerce infrastructure.

The revenue-sharing agreement calls for installation of Open Market's Transact software to power Lycos' electronic marketplace and distribution of Open Market's ShopSite store-building software to enable the development of a seamlessly integrated community of retailers and suppliers.

Open Market said that Transact will provide Lycos a complete set of end-to-end commerce services including online customer authentication and authorization, online order and payment processing, automated tax and shipping calculations, online order tracking and status and online customer service.

The alliance between Lycos and Open Market includes plans to offer Internet service providers (ISPs) and hosting companies the ability to connect into the Lycos Network, thus allowing the thousands of existing ShopSite merchants hosted at over 80 ISPs around the world to broaden their reach by "plugging in" to Lycos' community of over 20 million shoppers.

08:09 02-03-99

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