GOOD NEWS: 6/15/99 MarketStream 2.0 Hosting Edition for Vertical Portal & Infomediary eServicesProviders Announced by ConnectInc.com
New 'YourMarketStream' Private Label OEM Licensing Model Backs Up Product Launch
SAN FRANCISCO, JavaOne Worldwide Java Developer Conference, June 15 /PRNewswire/ -- ConnectInc.com (Nasdaq: CNKT) today announced the availability of MarketStream 2.0 Hosting Edition, a new release of the company's many-to-many e-commerce platform designed to enable the next generation of multiple buyer/multiple seller e-markets. MarketStream 2.0 serves the needs of ISPs, ASPs (application service providers) and CSPs (commerce service providers) who want to provide outsourced, hosted e-commerce services for vertical portals, infomediaries and new breed "net marketmakers."
"As the leading developer conference for the Java community, JavaOne is a great venue to announce our new MarketStream 2.0 Hosting Edition," said Craig Norris, President & CEO of ConnectInc.com. "The number of new 'dotcom marketmakers,' specialty portals, new infomediary B2B and B2C startups is accelerating rapidly. Many of these new e-businesses want to deploy rich, many-to-many commerce capability on an outsourced basis in order to control cost and quicken time-to-market. Since MarketStream 2.0 Hosting Edition supports multiple websites on a single copy of software, it is designed to put ISPs, ASPs CSPs and new breed application integrators into the 'net marketmaker' e-services business quickly and cost-effectively and allow them to deliver turnkey commerce capability to their customers who choose to build vertical portals," Norris added.
"As ISPs, ASPs and CSPs roll out new value-added e-commerce services to their customers, it is important that they leverage their own brand name and brand presence in the delivery of these services," said Joseph E. Bentzel, VP Marketing & eServices of ConnectInc.com. "Toward this end, MarketStream 2.0 Hosting Edition will be available to our customers on an OEM 'private label' basis. We call this the 'YourMarketStream' Initiative. Through this initiative, e-services providers gain access to MarketStream code for their own use and that of their customers, and can brand the software for resale to their specific specialty markets. We think this is a powerful value proposition for Application Service Providers concentrating on e-commerce services," Bentzel added.
MarketStream 2.0 is a powerful, flexible "net marketmaker" platform that provides the software and e-services foundation for commerce-enabling the next generation of specialty and vertical portals, infomediaries and supply chain communities. MarketStream 2.0 enables a full range of e-selling, e-buying and e-markets management capabilities
MarketStream includes support for the latest in Internet security and easy application configuration and administration. It also includes integrated cross-supplier catalog search, product-specific attributes, customized pricing, buyer profiling and personalization, fulfillment tracking information, back-end system integration and robust reporting capabilities. Unlike most buy or sell-side applications that focus only on a portion of the business, MarketStream's comprehensive scope of functionality greatly reduces the technical effort required to build a customized application to support vertical markets in both B2B and B2C configurations.
MarketStream runs in a variety of customer-driven environments, including Web servers, application servers and relational, object-oriented and search databases, which enables the customer to control the software infrastructure in which they choose to operate. The Java-based MarketStream platform provides a plug and play ability to add additional features and functionality, whether built by ConnectInc.com, customers or other best-of-breed software and e-services vendors, so that the only limitation for growth and scalability is governed by how much hardware customers choose to Incorporate. MarketStream is fully configured for double byte and other international language and currency requirements. |
