Market Announces ClickMovie.com/ Tranz-Send Broadcasting Network
The First Open Market Customer Using the Joint FutureTense IPS(TM) and Transact(TM) Solution for Managing Content, Commerce, and Customer Relationships Worldwide
INTERNET WORLD, NEW YORK, Oct. 6 /PRNewswire/ -- Open Market, Inc. (Nasdaq: OMKT - news), the market share leader in Internet commerce software, today announced the first customer that will be using the combined FutureTense IPS and Open Market Transact solution. Tranz-Send Broadcasting Network (TBN) has licensed this joint solution to power its cutting edge ClickMovie.com Web site.
``The hottest Internet companies recognize that if they're going to create a truly engaging user experience, they need systems that combine automated content management and flexible Internet commerce,' said Gary Eichhorn, president and CEO, Open Market, Inc. ``ClickMovie.com has chosen the Open Market/FutureTense solution because it enables them to manage over 50 different dynamic storefronts. This is an powerful endorsement of our planned merger with FutureTense.'
ClickMovie.com(TM) is a media-on-demand portal. The company utilizes innovative technology developed by Tranz-Send Broadcasting Network to electronically deliver movies with the highest quality video and sound directly to consumers' homes. The primary focus will be the huge movies-on- demand market. The convenience of movies delivered electronically to consumers' homes in DVD quality for less than national video chains is a major value proposition for consumers. TBN has developed over 42 technologies that enable it to deliver movies electronically via ClickMovie.com. These superior solutions are lower cost and earlier to market than other currently available options. The company has also invented several copy protection methods such as the process that self-deletes digital media files after one viewing.
``Our goal is complete convenience for the consumer and security for the content providers,' said CEO/CTO Scott Redmond of Tranz-Send. ``Open Market and FutureTense offered us out-of-the-box solutions where other solution providers made it sound like we would be financing the invention of the wheel.'
Tranz-Send will be using the strength of FutureTense IPS to manage content for up to 50 different storefronts for businesses ranging from theme sites to movie studio sites. IPS, combined with Transact's ability to enable digital offers anywhere on the Web, provides sophisticated, elegant end-to-end commerce functionality. Using these products in tandem will enable Tranz-Send to offer customers a rich, personalized online experience from the moment they enter the site, through each consecutive visit.
About Tranz-Send Broadcasting Network
Tranz-Send Broadcasting Network, Inc. (TBN) is the corporate umbrella that owns clickmovie.com and the revolutionary technology to fuse the massive array (over 275 different requirements: business, transactional, e-commerce, technological, political, industrial, security, storage, personalization, load-balancing, cross-network scalability, etc.) of global resources required to create and economically feasible media on demand solution. Leveraging this technology, TBN implements a synergistic and comprehensive business model to exploit multiple sources of revenue. Tranz-Send plans to also offer time- shifted television, business broadcasting, advertising exposure sales, electronic music delivery, distance learning, gaming, high-definition medical imaging transfer, seismic data transfer, and other market solutions by licensing to partners with strong positions in these segments.
About Open Market
Founded in 1994, Open Market, Inc. (Nasdaq: OMKT - news) is the market-share leader in Internet commerce software with more than 25,000 merchant licenses sold worldwide. Open Market's high-performance application software products and professional services allow its customers to engage in business-to- consumer and business-to-business Internet commerce, information commerce, and commercial publishing. Among Open Market's distinguished roster of global customers are many of the most popular domains on the Web, including Lycos.com, AOL.com, and the Wall Street Journal Interactive Edition; major industrials such as Acer, Ingram Micro, Milacron, and Siemens; and 10 of the world's top 13 national telephone companies. The company, headquartered in Burlington, Massachusetts, has a presence in 30 countries. Open Market's international head office is in the UK with additional offices in Australia, Canada, France, Germany, Italy, Japan and The Netherlands. Open Market can be reached by calling 1-888-OPEN-MKT (toll-free) or 1-781-359-3000 in the U.S. or +44 (0)1753 838 000 in the U.K. or by visiting openmarket.com.
This news release contains forward-looking statements that involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the company's limited operating history, delays in product development, development of the Internet market, changes in product pricing policies, competitive pressures, and the risk factors detailed from time to time in the company's periodic reports and registration statements filed with the Securities and Exchange Commission.
Open Market, Transact, and ShopSite are trademarks or registered trademarks of Open Market, Inc. in the United States and other countries. IPS is a trademark of FutureTense, Inc. All other names are used for identification purposes only and may be trademarks of their respective owners.
SOURCE: Open Market, Inc. |
