Nice news for BYND
Beyond.com Awarded Government GSA Schedule for Electronic Delivery of Software; Government Employees to Receive Software Through Secure Online Delivery
SUNNYVALE, Calif.--(BUSINESS WIRE)--April 19, 1999--Internet software superstore Beyond.com(TM) (Nasdaq:BYND) has been awarded a U.S. General Services Administration (GSA) Federal Supply Schedule (contract No. GS-35F-0287J) to offer all government agencies and employees software that can be downloaded directly from an online government store.
The contract runs through March 11, 2004. GSA estimates that the total government software licensing and management market is $650 million, or nearly one-quarter of its estimated $3 billion in annual sales through the GSA Information Technology Schedule.
Under terms of the contract, Beyond.com will offer immediate, secure digital delivery of leading software from publishers such as Symantec, Network Associates/McAfee, IBM/Lotus and Corel via a GSA-approved schedule. Through its online government software store beyond.com Beyond.com enables government agencies to streamline its process for procuring and purchasing software.
"For the first time, millions of government employees can download the latest GSA-approved software directly from their desktops," said Kendall Fargo, vice-president of enterprise and government sales for Beyond.com.
"Now, any government employee with access to the Web can quickly and efficiently buy software from Beyond.com with a credit card, without the hassle of paperwork or lengthy approvals."
The GSA schedule includes special pricing for government employees, as well as industry-leading customer service and support. Soon, Beyond.com will also add boxed software and volume licenses to the schedule.
The GSA award follows a series of agreements whereby Beyond.com provides digitally delivered software to the U.S. government, including contracts with the Defense Logistics Agency (DLA) and National Imagery and Mapping Agency (NIMA).
From March 1998 to March 1999, Beyond.com has more than quadrupled its total customers. In March 1999, Beyond.com was the 14th most-visited shopping site on the Internet, according to Media Metrix. Media Metrix Inc. utilizes a suite of patented software meters to measure actual Internet audience usage behavior.
Beyond.com's website, beyond.com includes a complete selection of software titles, convenience and value, offering more than 44,000 software and other digital products across 100 categories. More than 5,600 of these products are available for immediate, digital delivery.
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 44,000 software stock-keeping units (SKUs) are available for online purchase with 5,600 SKUs available for immediate, electronic delivery, including software from such major publishers as Adobe Systems Inc., IBM/Lotus Corp., Microsoft Corp., Sun Microsystems Inc. and Symantec Corp.
The company has established strategic marketing alliances with America Online Inc., @Home Network, CNET Inc., Compaq Computer Corp., Excite Inc., Microsoft Corp., Netscape Communications Corp., XOOM.com Inc., Yahoo! Inc. and ZDNet.
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 Corp. trades on the Nasdaq National Market under the symbol ("BYND"). More information on the company can be found in the company's filings with the Securities and Exchange Commission ("SEC").
To the extent that this news release discusses expectations about Beyond.com's business with the U.S. General Services Administration (GSA), 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 second 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 filings with the SEC. Beyond.com news and product/service information is available at the company's World Wide Web site located at beyond.com.
CONTACT:
Beyond.com
Becca Perata, 415/835-9194 (Public Relations)
beccap@beyond.com
Laura Fulda, 408/616-4328 (Investor Relations)
KEYWORD: CALIFORNIA
BW1115 APR 19,1999
5:43 PACIFIC
08:43 EASTERN
Beyond.com Awarded Government GSA Schedule for Electronic Delivery of Software; Government Employees to Receive Software Through Secure Online Delivery
SUNNYVALE, Calif.--(BUSINESS WIRE)--April 19, 1999--Internet software superstore Beyond.com(TM) (Nasdaq:BYND) has been awarded a U.S. General Services Administration (GSA) Federal Supply Schedule (contract No. GS-35F-0287J) to offer all government agencies and employees software that can be downloaded directly from an online government store.
The contract runs through March 11, 2004. GSA estimates that the total government software licensing and management market is $650 million, or nearly one-quarter of its estimated $3 billion in annual sales through the GSA Information Technology Schedule.
Under terms of the contract, Beyond.com will offer immediate, secure digital delivery of leading software from publishers such as Symantec, Network Associates/McAfee, IBM/Lotus and Corel via a GSA-approved schedule. Through its online government software store beyond.com Beyond.com enables government agencies to streamline its process for procuring and purchasing software.
"For the first time, millions of government employees can download the latest GSA-approved software directly from their desktops," said Kendall Fargo, vice-president of enterprise and government sales for Beyond.com.
"Now, any government employee with access to the Web can quickly and efficiently buy software from Beyond.com with a credit card, without the hassle of paperwork or lengthy approvals."
The GSA schedule includes special pricing for government employees, as well as industry-leading customer service and support. Soon, Beyond.com will also add boxed software and volume licenses to the schedule.
The GSA award follows a series of agreements whereby Beyond.com provides digitally delivered software to the U.S. government, including contracts with the Defense Logistics Agency (DLA) and National Imagery and Mapping Agency (NIMA).
From March 1998 to March 1999, Beyond.com has more than quadrupled its total customers. In March 1999, Beyond.com was the 14th most-visited shopping site on the Internet, according to Media Metrix. Media Metrix Inc. utilizes a suite of patented software meters to measure actual Internet audience usage behavior.
Beyond.com's website, beyond.com includes a complete selection of software titles, convenience and value, offering more than 44,000 software and other digital products across 100 categories. More than 5,600 of these products are available for immediate, digital delivery.
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 44,000 software stock-keeping units (SKUs) are available for online purchase with 5,600 SKUs available for immediate, electronic delivery, including software from such major publishers as Adobe Systems Inc., IBM/Lotus Corp., Microsoft Corp., Sun Microsystems Inc. and Symantec Corp.
The company has established strategic marketing alliances with America Online Inc., @Home Network, CNET Inc., Compaq Computer Corp., Excite Inc., Microsoft Corp., Netscape Communications Corp., XOOM.com Inc., Yahoo! Inc. and ZDNet.
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 Corp. trades on the Nasdaq National Market under the symbol ("BYND"). More information on the company can be found in the company's filings with the Securities and Exchange Commission ("SEC").
To the extent that this news release discusses expectations about Beyond.com's business with the U.S. General Services Administration (GSA), 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 second 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 filings with the SEC. Beyond.com news and product/service information is available at the company's World Wide Web site located at beyond.com.
CONTACT:
Beyond.com
Becca Perata, 415/835-9194 (Public Relations)
beccap@beyond.com
Laura Fulda, 408/616-4328 (Investor Relations)
KEYWORD: CALIFORNIA
BW1115 APR 19,1999
5:43 PACIFIC
08:43 EASTERN |
