What a Bull S**t P.R.:
11/12 22:46 Beyond.com Celebrates 'America Recycles Day'; Electronic Software <BYND.O>
Beyond.com Celebrates 'America Recycles Day'; Electronic Software Distribution Provides Clean, Green Fuel for Computer Users SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 13, 1998--What will those wacky, green Californians think of next? Employees of leading Internet software reseller Beyond.com(tm) (Nasdaq:BYND) will gather at 11 a.m. on Friday, Nov. 13, for a 60-second, all-employee raucous cheer in honor of customers who buy software electronically, using 100 percent recycled electrons. The roaring customer tribute is in observation of California Celebrates America Recycles Day, a state-wide tribute to recycling scheduled for Sunday, Nov. 15. "In the past four years, Beyond.com customers have electronically downloaded enough software to create a cardboard tower of software packaging 121,641 feet high, or four times the height of Mount Everest," said John Pettitt, chief technology officer and environmentalist-in-residence at Beyond.com. Mount Everest stands 29,028 feet tall or approximately five miles high. By downloading more than 800,000 software products over the Internet, Beyond.com customers have saved the equivalent of 23 million floppy disks. "With two-thirds of the American population now actively pro-environment, electronic software distribution provides a clean, green fuel for computer users into the next millennium," Pettitt said. Beyond.com (http://www.beyond.com) has enabled customers to electronically download software since November of 1994, often for lower cost than boxed software titles. Reducing and recycling waste has become standard practice for many Americans, and their employers, since the first Earth Day on April 22, 1970. Californians alone recycled 17 million tons of commercial and residential solid waste in 1997, up from 8.5 million tons in 1990, according to the Integrated Waste Management Board, a Sacramento-based government agency that oversees waste in California. Downloading software over the Internet straight to their personal computers is one more way Americans can reduce the amount of waste they create and discard. "Downloading software electronically is extremely popular with the U.S. government, which continues to be a leader in electronic software distribution," said Pettitt. "While the U.S. government accounts for about 25 percent of our business, nearly all of that software is delivered electronically, which is great news for the environment." In the third quarter of 1998, approximately 25 percent of Beyond.com's corporate and consumer sales were ESD. A 1998 study by Wirthlin Worldwide, an international public opinion organization, found that "two-thirds of Americans consider themselves actively pro-environment ... while only 4 percent were found to be 'unsympathetic' to environmental concerns." About Beyond.com Beyond.com is a leading, online reseller of commercial, off-the-shelf software to the government enterprise, corporate and consumer markets, offering its customers a better way to buy software. Visitors to the company's online store (http://www.beyond.com) enjoy a comprehensive selection of software backed by customer service and competitive pricing. Approximately 30,000 software stock-keeping units (SKUs) are available for online purchase with more than 3,300 SKUs available for immediate, electronic delivery, including software from such major publishers as Adobe, Lotus, Microsoft, Sun Microsystems and Symantec. The company has established strategic marketing alliances with America Online, Inc., Excite, Inc. and Netscape Communications Corporation. Beyond.com is incorporated in Delaware as software.net Corporation. Software.net Corporation has applied for federal registration of the marks BEYOND.COM and SOFTWARE.NET. Beyond.com trades on the Nasdaq under the symbol ("BYND"). To the extent that this news release discusses expectations about software.net (Beyond.com's) ESD business in the third quarter of 1998 and beyond, or plans to grow the business through ESD, these statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results for the fourth quarter of 1998 and subsequent quarters could differ materially from any future performance suggested above. Among the factors that could affect subsequent periods include: Reductions in or cancellations of customer orders, changes in relationships with software suppliers, changes in relationships with strategic partners, changes in the product mix sold by the company, competition from other online software resellers or publishers and other factors described in the company's prospectus dated June 17, 1998, as filed with the Securities and Exchange Commission ("SEC"). --30--rn/sf* CONTACT: Beyond.com Lise Olson, 408/616-4256 (PR) Laura Dayton, 408/616-4328 (IR) lauradbeyond.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire |