TODY-Making the right moves
Undiscovered stock for now but should get some attention soon!
Today.com Adds More Affiliates
Agreements Inked With Amazon.com, Valueamerica.com, and American Greetings
PHOENIX--(BUSINESS WIRE)--April 26, 1999--Today.com Inc. (OTC BB: TODY) Monday announced that it has expanded its affiliate programs by entering into affiliate agreements with Amazon.com (Nasdaq: AMZN - news), ValueAmerica Inc. (Nasdaq: VUSA - news) and American Greetings (NYSE: AM - news; www.americangreetings.com).
Today.com is developing WebWare(TM), the Internet's only complete turnkey portal software. Along with Autoweb.com, Beyond.com Inc.(TM) and Reel.com, which were previously announced, Today.com's new affiliate agreements mark the beginning of an ongoing program allowing Today.com-owned sites to generate revenue.
As WebWare is completed, new agreements are expected to be negotiated whereby each pre-established affiliate would permit WebWare-powered sites to instantly become product-resellers, too.
Today.com anticipates developing turnkey reseller options for WebWare-powered sites and believes that most WebWare clients will choose to be partner-product resellers for these companies.
In keeping with its Shared Success model, Today.com plans to retain a percentage of potential profits, as will WebWare clients. These agreements further solidify Today.com's position as the Internet's first complete solution for portal creation.
Lars Nielson, Jr., Today.com's vice president of sales and marketing, said, ''We have received very positive response to last week's announcement of the first members of our affiliates' programs, and these new affiliate partners represent a continuation of our plans to add more partner-product reselling opportunities as quickly as possible. Prospective WebWare clients are excited about the growing range of options we are working to provide.''
Nathan Gwilliam, Today.com's president and chief executive officer, added, ''Today.com continues its commitment to develop WebWare to provide the most complete, most comprehensive 'portal in a box' software available. We plan to build the most profitable reseller opportunities possible for our WebWare clients.''
Today.com Inc. is a Phoenix-based Internet software development company developing WebWare, designed to be the Internet's first complete software solution to create specialized Internet portals and next-generation corporate websites.
WebWare will contain more than 100 integrated, fully compatible modules, becoming a turnkey, one-stop-solution for Web development. Today.com's Shared Success marketing model makes the revolutionary WebWare technology affordable by reducing the up-front licensing fee and sharing in the portal's success.
This release may contain forward-looking statements, made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties which might cause the actual results to differ materially from those projected in any forward-looking statements.
Factors which could affect results include the development and introduction of competing or superior technologies, the market awareness and acceptance of the Today.com technologies, the overall market demand for Internet services, the ability to attract and retain technical personnel, and the ability of the Company to protect its proprietary information.
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