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Open Market Hosts Second Annual Analyst Day; Announces Shipment of First Integrated E-Business Application Suite
BURLINGTON, Mass., Dec. 7 /PRNewswire/ -- Open Market, Inc. (Nasdaq: OMKT - news), the market share leader in Internet commerce software, today announced the immediate availability of its first integrated e-business application suite (code-named Project Golden Gate) at a gathering of key financial analysts, investors, and leading software industry analysts. Open Market is also announcing a new .com site for buying independent films, called BuyIndies.com that is using Project Golden Gate to build its site. In addition, Open Market is previewing a new business-to-business site created by scientific manufacturer, Millipore, and presenting a new strategic relationship with CSC Consulting.
``It's been only seven weeks since our merger with FutureTense, and everyone is very pleased at the progress we have made launching our first integrated product suite,' said Gary Eichhorn, Open Market CEO. ``We're seeing considerable validation from the market, and expect the interest to build as we enhance the suite over the next few months.'
As part of the day, Open Market is previewing its future product direction, including unveiling an e-marketing initiative that will provide customers with the ability to create, execute and manage marketing campaigns, conduct merchandising activities, analyze and assesses promotion performance, and track individual and group behavior changes over time.
This year's Analyst Day is being attended by leading investors and financial and industry analysts from firms such as SunTrust Equitable Securities, HC Wainwright, NB Montgomery, Paine Webber, SG Cowan, Goldman Sachs, AG Edwards, AMR Research, IDC Research, Jupiter Communications, and Giga Information Group.
This year's agenda includes presentations from Open Market executives as well as
Robert J. Davis, president and CEO, LYCOS, Inc.
Majed Tomeh, COO, Adero, Inc.
David Blundin, founder and CEO, DataSage, Inc.
Tom Anderson, director, corporate communications, Millipore Corporation.
Kirk Arnold, president, CSC Consulting, Inc.
Overview of today's news and presentations:
Project Golden Gate is the industry's first integrated suite for managing and delivering both on-line content and commerce. The new suite, which includes Open Market's IPS content management product and Transact, the industry's leading order management system, leverages an enhanced IPS/Transact Integration Module, which is available at no cost to Open Market customers. Combined, the suite offers businesses faster time to market for their e- business sites, while offering end-users a more personalized, seamless on-line experience.
BuyIndies.com is using Open Market's new integrated e-business application suite to create the first interactive and automated e-commerce community for independent film. At the BuyIndies.com site, sellers (small distributors and individual filmmakers) will be able to add their titles to the catalog and easily create their own customized stores. Buyers (consumers and institutions) will be able to browse by category or do extensive searches, and have the security of safe credit card payment and customer service of BuyIndies.com.
Adero, Inc. is discussing its new initiative based on Open Market Transact, adding global, networked commerce services to its AderoWorld Service, the most global, flexible, highest performance and least invasive content distribution service available today. Adero is creating services on its worldwide network of carrier class servers, which will reach 30 countries and 97% of the world's Internet users by January of 2000.
Millipore is previewing its e-business site based on Open Market making it easier for its customers to access personalized product information and make online purchases of Millipore's biopharmaceutical and microelectronic products.
CSC Consulting Kirk Arnold, president of CSC Consulting is discussing a significant program that joins the strengths of CSC's strategy and systems integration with Open Market's e-business software solutions to deliver to the market a powerful combination of e-commerce capabilities. For this strategic global consulting services program, CSC will train several hundred consultants on Open Market's new integrated e-business application suite in order to provide Global 1000 customers with complete, end-to-end solutions and services for their e-business needs.
About Open Market
Founded in 1994, Open Market, Inc. (Nasdaq: OMKT - news) is the market-share leader in Internet commerce software with more than 30,000 merchant licenses sold worldwide. Open Market offers an integrated set of open, scaleable applications that enable enterprises to move their businesses to the Web. Open Market's products enable companies to build dynamic, personalised, revenue generating Web sites that are cost effective, easy to manage and quickly adapt to changing business requirements. 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. Open Market's content management software is used by companies including Lucent Technologies, Hitachi, and Chase Manhattan Bank. 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, the Company's ability to integrate FutureTense in its operations, 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, IPS, ShopSite, and FutureTense are trademarks or registered trademarks of Open Market, Inc. in the United States and other countries. All other names are used for identification purposes only and may be trademarks of their respective owners.
SOURCE: Open Market, Inc. |
