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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: Teflon who wrote (416)10/11/1999 11:53:00 AM
From: James Sinclair  Read Replies (2) of 1817
 
Big win for Broadvision:


Wal-Mart Selects BroadVision for E-Commerce Initiatives With Wal-Mart And SAM'S Club
PR Newswire - October 11, 1999 08:18

REDWOOD CITY, Calif., Oct. 11 /PRNewswire/ -- BroadVision, Inc. (Nasdaq: BVSN), the leading supplier of personalized e-business applications, today announced that Wal-Mart Stores Inc., (NYSE: WMT), Bentonville, AR, has chosen BroadVision applications as the basis for the re-launch of www.walmart.com. BroadVision has also been selected by SAM'S Club as the cornerstone of the company's e-commerce presence.

The projects leverage BroadVision's partnership with Quantum Leap Communications, Inc., a subsidiary of Leapnet, Inc. (Nasdaq: LEAP), a leading Internet development and advertising agency as well as partnerships with Hewlett-Packard and Cambridge Technology Partners.

"The world's largest retailer is about to become the world's largest .com," said Pehong Chen, president and CEO of BroadVision, Inc. "The Wal-Mart brand in the retail space is impeccable and world-class. It represents quality, competitive pricing, customer care, community services, charity, and good old American virtues like hard work and entrepreneurial success. We are pleased to have a significant role in the online initiatives for Wal-Mart and SAM'S Club."


Having Walmart as a customer must make for a great reference when you go out on a sales call.
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