Below is a news release from this morning. OMKT is positioning itself to become THE leader in online commerce. I am in OMKT at 17 and am happy about it. My time fram is a minimum of 1 year, by which time I expect OMKT to have firmly established itself. The stock price, IMHO, will be ALOT higher within the next year.
Open Market Announces New Blue-Chip Customers For Its Industry-Leading Internet Commerce Software
BURLINGTON, Mass., July 28 /PRNewswire/ -- Open Market, Inc. (Nasdaq: OMKT), a leading provider of Internet commerce software, today announced that a number of blue-chip companies worldwide have recently licensed Open Market's award-winning Internet software, including Transact(TM), to support their Internet initiatives. These companies include:
-- Acer America, the world's third-largest PC manufacturer, fifth-largest mobile PC manufacturer and eighth-largest PC brand, offering a broad selection of industry-leading, high-end multi-user servers, multimedia PCs, notebooks, computer peripherals and components, and semiconductors;
-- Consumers Union, the non-profit publisher of Consumer Reports magazine (http://www.ConsumerReports.org);
-- RealNetworks, the recognized leader in streaming media;
-- SBC Communications, one of the largest telecommunications firms in the world.
These companies join other recently announced Transact customers, which include:
-- Ingram Micro, the world's leading wholesale distributor of technology products and services;
-- NaviSite Internet Services, a leading provider of high-end hosting services and a subsidiary of CMG Information Services Inc.
"Open Market's growth has been distinguished by a number of new customers this past quarter, and we've maintained our lead in the Internet commerce application marketplace," said Gary Eichhorn, president and CEO of Open Market. "Time and again, we've delivered proven packaged applications to the networked marketplace that gives our customers a competitive time-to-market advantage."
Open Market's Transact is the acclaimed software which is defining the application standard for Internet commerce in more than 18 countries worldwide. Transact, originally introduced in 1995, is the pre-eminent transaction processing, order management, and customer service software for Internet commerce.
More about Open Market's Transact
Transact provides the commercial backbone for some of the highest-profile sites on the Web today, including Business Week, SegaSoft's Heat.net, BuyDirect.com, and Time Inc.'s Pathfinder, among others. It has also been adopted by the largest telecommunications companies and leading financial services firms as the basis for low-cost, outsourced Internet commerce services that they provide to their small and medium-sized business customers. These kinds of companies, known as Commerce Service Providers (CSPs), include SBC Communications, AT&T, NTT, BT, First Union National Bank, ICOMS, France Telecom, Barclays Bank, and more than 20 others.
More About Open Market
Founded in 1994, Open Market, Inc. (Nasdaq: OMKT) provides high- performance application software products and professional services that 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 five of the world's ten- largest telecommunications firms and more than 700 publishers. The company, headquartered in Burlington, Massachusetts, can be reached by calling 1.888.OPEN.MKT 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 We ARE Internet Commerce 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.
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