To All!
Thursday November 19, 7:03 am Eastern Time
Company Press Release
Icon CMT Corp. Unveils Turnkey E-Commerce Solution Built Around Industry-Leading Products and Services
Icon CMT to Demonstrate 'Complete Commerce' Solution with Microsoft, Compaq and Intel
WEEHAWKEN, N.J.--(BUSINESS WIRE)--Nov. 19, 1998-- Icon CMT Corp. (NASDAQ: ICMT - news), the Internet solutions provider offering value-added Internet, intranet and extranet solutions for businesses, today announced availability of a turnkey Windows NT-based e-commerce solution that enables retailers and other businesses to cost-effectively sell their products directly to consumers over the World Wide Web.
Icon CMT's solution, part of the Complete Commerce program, will be presented this Friday, November 20 at a free seminar in New York City in conjunction with Microsoft, Compaq and Intel. Icon CMT's end-to-end e-commerce solution is based on products offered by those three leading companies, as well as other industry leaders.
Icon CMT's e-commerce package encompasses its end-to- end solutions, which differentiates it from any other ISP or solution provider, which typically can offer only one or two e-commerce elements, such as communications and hosting services or site development. Icon CMT's Complete Commerce Solution helps retailers build strategic, growth-oriented retailing operations on the Web by leveraging the experience of Icon CMT's award-winning design team, strategic consulting practice, direct-marketing capabilities and its tier-one communications infrastructure to create and deploy competitive, results-oriented e-commerce sites.
Icon CMT's solution is comprised of hardware servers from Compaq with Intel processors; software from Microsoft and other vendors; strategic consulting and ongoing site analysis; professional design and production services; communications services such as site hosting and high-speed Internet access; and publicity, marketing and promotional support services. The last services -- which are critical for building consumer awareness and driving traffic to sites -- will range from registering and tagging the sites, providing a media placement strategy, securing priority placement in search results, conducting direct marketing campaigns, and more.
Icon CMT will launch its e-commerce solution at the ''Complete Commerce Seminar'' being held tomorrow -- Friday, November 20th -- at The Rainbow Room in New York City. Sponsored by Microsoft, Compaq and Intel, the Complete Commerce seminar series showcases select Internet companies nationwide endorsed by these industry leaders to deliver electronic commerce solutions built on their technologies. During the seminar, Icon CMT will demonstrate its solution through various presentations in terms of buyer- and merchant-focused scenarios that will illustrate the many important subtleties that differentiate a successful e- commerce solution such as Icon CMT's from other offerings.
''Placing a product on the Internet does not guarantee it will be sold,'' said Douglas Mow, vice president of business development for Icon CMT Corp. ''There are many strategic factors that must be addressed in order to implement a successful e-commerce solution. Icon CMT's solution goes beyond hardware and software - it's an end-to-end solution complete with ongoing consulting services to help businesses present their goods for sale on the Web in a way that will be most compelling for consumers, and with site promotion and marketing support services to bring customers to the site.''
''Icon CMT's is able to deliver the total solution for a customer, combining all elements in a value-added package for conducting successful e-commerce,'' said Anthony Bay, general manager of the commercial systems division at Microsoft. ''That expertise is why we're endorsing Icon CMT as one of a select group of companies to deliver e-commerce solutions built around Microsoft's products.''
Icon CMT's Complete Commerce Solution
-- Hardware: Compaq Intel-based server;
Software: Site design and development using Microsoft Site Server 3.0, Commerce Edition; Managed Hosting Services: A turn-key solution with 24 x 7 x 365 operation and full network redundancy; Internet Access: One competitive monthly bill for reliable, Tier-one access; Order Fulfillment: Tandata Logistics for shipping and tracking with customer access to tracking reports; Transaction Software: CyberCash for processing of collections; Sales Tax Processing: Taxware Software for simplified handling of sales tax collection and payment; Consulting: Full-range of experienced programmers and integrators on staff; Direct Merchandising Expertise: Experience to effectively package and merchandise your products online; Site Promotion: Registration with all major search engines, press release distribution, and promotional campaigns to get your web store noticed.
About Icon CMT Corp.
Icon CMT Corp. is an Internet solutions provider that combines strategic consulting, creative development and a tier-1 communications infrastructure to provide integrated interactive solutions that leverage the Internet as a competitive advantage for major corporate customers. Founded in 1991, Icon CMT is traded on the Nasdaq under the symbol ICMT. Additional information about Icon CMT is available through the company's web site at icon.com, or by calling 1-800-ASK-ICON (275- 4266).
On September 13, Icon CMT entered into an acquisition agreement with Qwest Communications International Inc. (NASDAQ:QWST - news). The closing is subject to the satisfaction of certain customary conditions, including the approval of Icon CMT's stockholders, as well as antitrust and securities law approval.
This release may include forward-looking statements concerning Icon CMT's intent, belief or current expectations with respect to, among other things, trends affecting its financial condition or results of operations and its business and growth strategies. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from those projected, expressed or implied. Icon CMT does not undertake any obligation to update or revise any forward-looking statements. |