Big Picture Technologies And CommerceFlow Add
Auction Capabilities to eMerchant pro
bigpic.com
Calgary, AB and Sanfranciso, CA, October 10, 2000 -- Big
Picture Technologies Inc. (CDNX:BPI)
Big Picture Technologies Inc. (CDNX:BPI) and CommerceFlow,
Inc. today announced that they have signed a revenue sharing
agreement to offer CommerceFlow’s auction management service,
AuctionFlow, to users of Big Picture’s eMerchant pro™
e-commerce product. The new partnership offers Big
PictureTechnologies’ small business customers a single point of
access to manage transactions across the highest-volume online
auction marketplaces. This new global channel of more than 15.8
million online auction users drives additional traffic to virtual
storefronts, increases sales opportunities, and speeds inventory
turnover.
“The ability for our merchants to automatically list their inventory
items on the world’s most popular auction sites through the
AuctionFlow service is an exciting addition to eMerchant pro,” said
Michael Anthony, Big Picture President and CEO. “Providing our
customers the opportunity to extend their e-commerce reach into
one of the hottest markets today provides a huge competitive
advantage.”
AuctionFlow delivers complete auction management services
designed for businesses that buy and sell on high-volume
marketplaces such as eBay®, Amazon, and Yahoo!. AuctionFlow's
online solution provides integrated workflow that guides businesses
through every step of the auction process, simplifying and
automating sales and purchasing through online auction channels.
Forrester Research has forecasted that sales completed through
online, dynamic pricing markets will reach $746 billion in 2004. This
drive to dynamic pricing is being led by small businesses selling and
buying on high-volume auction marketplaces. Detailed analysis of
online auction data reveals that small businesses account for 80%
of sales, and 40% of purchases, on high-volume auction
marketplaces.
“By stocking its products in more than 3,500 retail outlets
throughout North America, Big Picture has taken the lead in making
affordable, effective e-commerce software available to small
businesses,” said Aaron Emigh, CEO and founder of
CommerceFlow. “We are proud to have been selected as an
important component of Big Picture’s premiere solution.”
Big Picture merchants will be able to access the AuctionFlow
service directly from eMerchant pro in November. Integration with
Big Picture’s inventory management system will enable Big Picture
customers to list items on auction sites directly from inventory or
catalogs. This functionality will be available by year’s end.
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CommerceFlow provides online channel management services that enable businesses to
use dynamic pricing marketplaces. Through partnerships with leading e-commerce service
providers, AuctionFlow offers businesses additional services to help manage their auction
channel. Founded in 1999, CommerceFlow is run by seasoned high-tech and Internet
executives from companies such as HP, IBM, Philips, Open Market, Folio, Lotus, and
Apple. CommerceFlow is based in San Francisco’s SOMA district and is privately funded.
For corporate information, please visit www.commerceflow.com. To access the online
auction management service, AuctionFlow, please visit www.auctionflow.com.
Big Picture is a rapidly expanding developer of e-commerce, e-service, and e-business
software, and a designer of world-class, award winning e-business solutions. Currently
serving the small to medium sized business market, Big Picture's products are used to
build, staff, and market world-class e-commerce websites. The Big Picture product line
can be found in more than 3,500 retail outlets across North America. Big Picture has
offices in Dallas, Toronto, and Victoria with its head office in Calgary, Alberta. The
company’s stock is traded on the Canadian Venture Exchange (CDNX: BPI). The corporate
website is www.bigpic.com.
THE CANADIAN VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT
ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CERTAIN STATEMENTS MADE IN THIS PRESS RELEASE, WHICH DESCRIBE THE
COMPANY'S INTENTIONS, EXPECTATIONS OR PREDICTIONS, ARE
FORWARD-LOOKING AND ARE SUBJECT TO RISKS AND UNCERTAINTIES BEYOND
THE CONTROL OF THE COMPANY. FROM TIME TO TIME, THE COMPANY MAY
UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS, WHETHER AS A
RESULT OF NEW INFORMATION, FUTURE EVENTS OR CHANGING MARKET AND
BUSINESS CONDITIONS.
For More Information:
Michael Anthony,
President & CEO
Big Picture Technologies Inc.
403.265.8018 ext. 150
manthony@bigpic.com
Jay Fiore,
VP of Marketing
CommerceFlow, Inc.
415.512.8000 ext. 136
jay@commerceflow.com |
