Hope this is a Band-Aid for your OUCH!! NEWS!!!! INTERSHOP: INTERSHOP and CyberCash announce ONESTOP Merchant Community
RELATED SYMBOLS: (CYCH)
APR 19, 1999, M2 Communications - INTERSHOP Communications, a leading provider of electronic commerce software and CyberCash, Inc., the world leader in e-commerce technologies and services, today announced ONESTOP Merchant Community Builder. This integrated solution consisting of the INTERSHOP 3 ePages and the CyberCash CashRegister payment service enables Commerce Service Providers (CSP's) such as ISPs, portals, online communities, financial institutions and other hosting businesses to quickly deploy complete multi-store electronic commerce sites for merchant communities.
The benefits of ONESTOP include a significantly shorter time-to-market and quicker return on investment for Internet merchants, and easier deployment of commerce-enabled websites for service providers who target small and medium-sized businesses. INTERSHOP 3 ePages provides the complete e-commerce infrastructure including storefront and back-office, while CyberCash's CashRegister service is used for secure, real-time payment and credit card transactions over the Internet, as well as merchant account set up.
"ONESTOP addresses the growing demand for rapid deployment and quick ROI for e-commerce solutions," said Edward J. Callan, INTERSHOP's vice president of marketing. "Reflecting the long-standing technology partnership of INTERSHOP and CyberCash, ONESTOP makes it easier than ever for CSPs to set up merchant communities with mature and complete solutions for doing business on the Internet."
"INTERSHOP and CyberCash have worked together successfully to stimulate the acceptance of electronic commerce worldwide," said Nancy Goldberg, CyberCash senior vice president. "As a company committed to simplifying and accelerating e-commerce, it was a natural step for CyberCash to integrate its pioneering services with INTERSHOP's world-class products to make it even easier for businesses that want to get online with a fully functional and safe state-of-the-art commerce web site."
Value-added Internet Service Provider, Concentric Network Corporation, has integrated ONESTOP directly into their ConcentricHost service, streamlining and simplifying the process of launching e-commerce sites for small and medium-sized Internet merchants. Instead of establishing separate relationships with Internet payment processors, financial institutions and Internet hosting businesses, merchants now can get set up with a fully integrated, tested and documented solution in one simple step.
"These new ConcentricHost commerce services demonstrate our commitment to serve small and medium-sized business customers with the tools they need to quickly and easily grow their businesses on the Web," said John Peters, executive vice president and general manager of Concentric's network applications services division. "By integrating hosting and payment technologies in ONESTOP INTERSHOP and CyberCash provide a best-of-breed solution that satisfies the demand for a more transparent and convenient process to deploy commerce solutions."
About INTERSHOP Communications
INTERSHOP Communications AG is one of the world's leading providers of electronic commerce software. INTERSHOP provides e-commerce solutions to many of the world's largest telcos, such as Deutsche Telekom, Bell Canada, France Telecom, Swisscom and Telecom New Zealand, and to hundreds of ISPs worldwide. Major corporations who have chosen INTERSHOP include Celestial Seasonings, Electronic Arts, Hewlett- Packard, NatWest, Barclays, Motorola, Silicon Graphics, and Zip2. Headquartered in San Francisco, INTERSHOP maintains offices in the United States, Germany, France, Australia, Canada, Brazil, and the United Kingdom. For more information, please contact Gerben Van Duyl, Director of Sales and Marketing at Intershop UK on call 0181 324 1310 or gerben@intershop.co.uk. Or visit Intershop's website on intershop.co.uk
About CyberCash, Inc.
CyberCash is the world leader in secure, convenient payment technologies and services, enabling e-commerce across the entire market spectrum from electronic retailing environments to the Internet.
CyberCash provides a complete line of software products and services allowing merchants, billers, financial institutions and consumers to conduct secure transactions using the broadest array of popular payment forms. Credit, debit, purchase cards, cash, checks, smart cards and alternative payment types (e.g., "frequent buyer" or loyalty programs) are all supported by CyberCash payment solutions. Leading brands of CyberCash include ICVERIFY, PCVERIFY, CashRegister, NetVERIFY, PayNow, and InstaBuy. www.cybercash.com
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