eCommerce release (from August 5, 1998)
eCommerce Corp. Launches First-Ever Turnkey Electronic Commerce Solution
STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 5, 1998--eCommerce Corporation (www.ecommerce.com) is announcing the roll-out of the first-ever turnkey electronic commerce solution for business.
The pending acquisition of eCommerce by Enhanced Services Company, Inc. (NASDAQ: "ESVS") allows eCommerce of Stamford, Conn., to create, market, build, host and fulfill for their customers interactive business solutions, all under one roof.
"It's clear that e-commerce represents the next wave of development in the continuing metamorphosis of the Internet as a business communications medium," said Lance Estes, president and CEO of eCommerce Corp. "We're very enthusiastic to be the first to market a true turnkey system for the interactive business community, because we know how important it is to our customers' business success. We recognize how critical it is for our customers to remain on the cutting edge of information technology and keep a step ahead of their competitors."
The key to eCommerce's success has been to deliver high-quality, commerce-enabled, scalable web sites available around the clock to the Internet community. The company has built on such success as Sports Illustrated and the NFL store ( ultimatefootballshop.com ), Gymboree Corp. ( gymboree.com ) and such Turner properties as the WCW ( wcw.ecommerce.com ).
With its turnkey system, eCommerce offers complete credit card authorization and settlement, along with a total integration with a 150,000-sq.-ft. fulfillment house and state-of-the-art fulfillment backend system. The completion of the integration of the front-end web site with the backend system allows for the real-time communication of data to the web database, bank gateway, site administrator and the self-serve online customer service center. Double quantity pricing for fulfillment makes this come together in one complete package that is easily managed by a single individual at the corporate headquarters or anywhere. All administration functions are performed through secure browser-based screens including daily reporting of activity and sales.
eCommerce plans to launch nine new enterprise-quality sites within the next six weeks that will take advantage of the new backend integration.
Enhanced Services Company, Inc. of El Segundo, Calif., recently announced the execution of a Letter of Intent to acquire eCommerce for a combination of cash and stock. The marriage will result in a one-stop shopping electronic commerce organization offering the full spectrum of graphics design and technology, Internet advertising, digital marketing and database fulfillment services. eCommerce will become a subsidiary of ESVS.
Forward-looking statements in this release concerning trends or anticipated operating results are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties related to the Company's operations.
CONTACT:
Mark Wachs & Associates, New York
Mark Wachs, 212/832-2800
ecommerce.com
zulumedia.com
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