What am I missing. This is great news for this company. Why does no one on SI care. I think this company has great potential over the next few years. Its products are great, and its potential markets are really going to grow over the next few years.
Company Press Release
Beyond.com Signs Agreement with
Novadigm to Deliver Software Update
Service over the Internet
New Partnership Promises Subscription Service to Millions of Customers for
Self-Managing Software On the Desktop
SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 12, 1999-- Beyond.com™ (Nasdaq:BYND -
news) today announced it has signed an agreement with Novadigm®, Inc. (Nasdaq:NVDM - news)
by which Beyond.com will use Novadigm's Radia™ technology to offer an Internet-based software
update service for its enterprise and consumer customers. Initially, this subscription service will be
targeted to meet the needs of millions of small- and medium-sized companies that want to reduce the
complexity and administrative burden of keeping their software current. Customers purchasing from
Beyond.com's selection of 5,600 electronically downloadable software titles will have an opportunity
to subscribe to a Radia-based service that will automatically deliver the latest updates and
enhancements.
''Small- and medium-sized businesses want to be sure they have the most current updates for the
software they've licensed, '' said Alan DeClerck, vice-president of worldwide sales for Beyond.com.
''Subscribers to our service won't need administrators to surf Web sites looking for updates and
fixes. With a Radia-based subscription, our customers can instead focus on running their
businesses.''
Beyond.com's new service will combine the ubiquity of the Web with Radia's web-based software
management, enabling a Beyond.com subscriber to get desktop software that is self-configured,
self-installed and self-updated, all via the Internet. The combination of Beyond.com and Novadigm
enables a complete Internet software delivery chain, linking customers with software publishers. The
new service takes advantage of Novadigm's patented desired-state technology, already proven in
Fortune 1000 corporations around the globe.
''Beyond.com and Novadigm are working together to automate the delivery and management of
desktop software for millions of potential subscribers,'' said George Kellar, vice-president of
marketing for Novadigm. ''Novadigm products today are in production at large enterprise sites
managing hundreds of thousands of software components on customer desktops with 99.4 percent
reliability, significantly reducing desktop administration costs. With Beyond.com, we'll be leveraging
these same enterprise capabilities for small- and medium-sized companies. We're excited to team
with Beyond.com as a way to extend the use of our technology to more customers across the
Internet.''
The number of Internet-enabled, small- to medium-sized (or ''middle market'') businesses -- that is,
companies with fewer than 1,000 employees -- is expected to approach 4.3 million by 2001,
according to analyst firm International Data Corporation (IDC).
''Beyond.com is pleased to have Novadigm's best-of-breed technology as the foundation for this
innovative service,'' DeClerck said. ''We believe this is a unique opportunity to bring Novadigm's
market leadership in enterprise software management to millions of businesses on the Internet.''
About Beyond.com
Beyond.com sells commercial, off-the-shelf software to the government enterprise, corporate and
consumer markets, offering its customers a better place to buy software. Visitors to the company's
online store beyond.com enjoy a comprehensive selection of software backed by
customer service and competitive pricing. Approximately 39,000 software stock-keeping units
(SKUs) are available for online purchase with more than 5,600 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.,
Netscape Communications Corporation and Network Associates. Additionally, Beyond.com offers
publishers transaction processing, physical and electronic order fulfillment, customer support, site
design consultation, marketing support and reporting. The company has applied for federal
registration of the marks BEYOND.COM and BEYOND DOT COM. Beyond.com Corporation
trades on the Nasdaq National Market under the symbol (''BYND'').
More information on the company can be found in the company's prospectus dated June 17, 1998,
filed under its original name, software.net Corporation, as filed with the Securities and Exchange
Commission (''SEC'').
To the extent that this news release discusses expectations about Beyond.com's plans to grow the
company's revenue or customer base as a result of its agreement with Novadigm, 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 first quarter of 1999 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, inability to raise sufficient
capital on satisfactory terms, or at all, and other factors described in the company's prospectus
dated June 17, 1998, as filed with the SEC.
Beyond.com news and product/service information is available at the company's World Wide Web
site located at beyond.com
About Novadigm
Novadigm is a leading provider of distributed software, content and application management
solutions for client/server and Internet computing environments. Fast, reliable and adaptable, the
Company's products use patented adaptive configuration and 'fractional differencing' technologies to
increase the speed and reliability -- up to 99 percent -- and reduce the complexity and cost -- by 80
percent or more -- of distributing software across large-scale networks.
Novadigm licenses its products to Fortune Global 1,000 IT organizations, software vendors and
service providers around the world. More information on Novadigm, Inc. can be found on the
World Wide Web at novadigm.com or by calling 800/626-6682. |
