(PR NEWSWIRE) Intraware Nearly Doubles Customer Count in Less Than Two Mon
Intraware Nearly Doubles Customer Count in Less Than Two Months
Intraware's IT e-Marketplace Attracts Record Numbers of New Members
And Customers
ORINDA, Calif., Nov. 10 /PRNewswire/ -- Intraware, Inc., (Nasdaq: ITRA)
the leading IT e-Marketplace for Web-based software and services, today
announced record numbers of new members and customers, reinforcing the
company's position as the market leader for online business software and
services for the IT community. Intraware's membership increased to
171,616 while its customer count grew to 5,927. The average transaction size
on the Intraware site is $16,000.
"Intraware's sharp growth in members and customers confirms our position
as the indisputable leader in the IT e-Marketplace for online business
software and services," said Peter Jackson, president and chief executive
officer of Intraware. "These milestones mark a dramatic point in a market
that continues to have tremendous growth potential, and our customer and
membership growth is a reflection on Intraware's methodical approach to
attracting critical mass in the IT community."
About Intraware
Intraware, Inc. is the leading IT e-Marketplace for Web-based software and
services. The company enables IT professionals worldwide to efficiently and
cost-effectively research, evaluate, purchase, download, and update
business-class software online. As a business-to-business e-commerce company,
Intraware provides software through its premier online purchasing service,
intraware.shop, comprehensive IT information and interactive research services
through the Intraware IT Knowledge Center, and software update management
services through Intraware SubscribNet.
Intraware's unique spectrum of innovative Internet-based services has
attracted strategic relationships with industry-leading vendors including
Allaire, Bluestone Software, Computer Associates, Hewlett-Packard, Informix,
Infoseek, Macromedia, Novell, PeopleSoft, Sun-Netscape Alliance, Sybase, and
Vignette. Intraware is a publicly-held company with headquarters located at
25 Orinda Way, Orinda, California 94563; 925-253-4500; FAX 925-253-4599;
intraware.com .
The statement in this news release referring to "tremendous growth
potential" is a forward-looking statement that may involve a number of risk
factors and uncertainties. Factors that could cause actual results to differ
materially from those anticipated in this news release include weak or delayed
market demand for Intraware's services due to customer preoccupation with the
Year 2000 computer problem or other reasons; delays by customers,
telecommunications service providers and Intraware in assembling the
infrastructure necessary to accommodate increased market demand; reluctance of
software publishers to participate in Intraware's service; and interruptions
in Intraware's services due to unanticipated usage volumes or technical
problems. Further information on potential factors that could affect
Intraware's financial results is included in Intraware's Form 10-K for the
1999 fiscal year and Form 10-Q for the quarter ended August 31, 1999 filed
with the Securities and Exchange Commission (SEC). For further information,
please refer to Intraware's SEC filings, copies of which are available from
Intraware without charge or online at intraware.com .
NOTE: Intraware, Compariscope, and SubscribNet, are registered trademarks
or service marks, and NetInsights, IT Knowledge Center, Radarscope, and
intraware.shop are among the trademarks and service marks, of Intraware, Inc.
All other company names, product names, service marks and trademarks mentioned
herein are trademarks of their respective owners.
CONTACTS: Carole Sinclair of Intraware, Inc., 925-253-6707, |
