Ha!
I was just coming here to post that.
Might as well, since it's permissible to redistribute press releases without copyright infringement (unlike reposts of articles from TSC, WSJ, etc. that you often see posted- enough of the rant!). Anyway, this is mostly an advertisement for OneChannel.net, but it tells you a little something about what EGGS is doing. I can't imagine that it would be responsible for the premarket bid, but who knows?
Anaxagoras
~~~~~~~~~~~~~~~~~
OneChannel.net Signs Up Leading Internet Retailer Egghead.com; Delivers New Competitive Benchmarks
PALO ALTO, Calif.--(BUSINESS WIRE)--May 21, 1999--OneChannel.net,
the first-of-its-kind online center of commerce for manufacturers and
web retailers, today announced that Egghead.com (Nasdaq:EGGS), one of
the top shopping sites on the Web according to recent surveys, has
signed on as a Charter Subscriber.
When the OneChannel.net site goes live May 24, it will include
more than two dozen charter members, like Egghead.com, that represent
top-tier retailers as well as the leading producers of goods and
services sold over the Web.
These companies are turning to OneChannel.net to monitor sales
data and receive the news and information necessary to get and stay
competitive in today's e-commerce marketplace.
"Egghead.com is one of the leading brands on the web, so it is no
surprise that the company continues to improve the management of its
marketing data," said Karl Hirsch, president and CEO of
OneChannel.net. "By using OneChannel.net for reporting its sales
performance, Egghead.com will quickly be able to analyze its
competitive position in order to increase its revenue potential."
OneChannel.net helps companies make fast and accurate decisions
on e-commerce strategies and investments by providing members with the
ability to capture and analyze their sales performance, compare their
performance against industry benchmarks, instantly communicate with
potential and existing partners, and stay current with relevant news
about the rapidly changing e-commerce industry, all from a single,
secure and personalized location.
"With OneChannel.net, we will be able to quickly view how our
sales are performing relative to industry benchmarks," said Jim
Kalasky, vice president of Merchandising and Advertising for
Egghead.com. "In our competitive industry, this type of information
allows us to make rapid strategic decisions that improve our business,
and in turn, the businesses of the companies whose products we sell."
The OneChannel.net online center of commerce offers three
e-commerce services for manufacturers and web retailers:
-- Performer -- OneChannel.net collects sales data from
participating web retailers, integrates this information and
presents it over the web or through e-mail, so performance can be
analyzed relative to industry category benchmarks or other
metrics such as company, timeframe or product/category. This
provides operational efficiencies, cost savings and competitive
visibility. OneChannel.net's data-capture and management function
lets web retailers send a single report of their sales results on
a daily or weekly basis to OneChannel.net, rather than preparing
multiple sales reports in separate formats to each of these
individual manufacturers. Manufacturers, in turn, receive updated
sales results by channel, rather than having to wait for
individual retail reports and then attempting to collect,
integrate and compile them. Both retailers and manufacturers are
able to measure sales results individually, as well as against an
aggregated performance benchmark.
-- Community -- OneChannel.net gives members the ability to identify
partnership opportunities quickly, and act on them instantly. A
custom-developed broadcast function makes it simple for companies
to alert existing or potential partners to news about products,
promotions or performance thresholds. This two-way communication
channel allows retailers to stay competitive with product
offerings, and helps manufacturers take advantage of retail
promotions and special offers. Members have access to
comprehensive databases populated with contact lists of companies
that produce goods and services (manufacturers of hardware,
software, general goods or services), companies that sell them
(distributors, resellers and retailers), sources of consultation
and expertise (analyst firms and service specialists), as well as
other industry resources (e-commerce conferences and tradeshows).
-- NewsBeat -- OneChannel.net captures, culls and delivers the most
significant news stories on e-commerce, updated in real-time, to
give companies the right information to make the right decisions
about business on the web. In addition, OneChannel.net has access
to 12,000 stories a day, published by 50 news wires that deliver
up-to-date news on industry events, companies, products and
promotions.
0-
About OneChannel.net
OneChannel.net is the online center of commerce for manufacturers
and web retailers. OneChannel.net helps companies make fast and
accurate decisions on e-commerce strategies and investments by
providing members with the ability to capture and analyze their sales
performance, compare their performance against industry benchmarks,
instantly communicate with potential and existing partners and stay
current with the rapidly developing e-commerce industry.
OneChannel.net has a private site for confidential information
and secure communications, as well as a public site that provides
resources on e-commerce companies, trends and industry news. Located
in Palo Alto, OneChannel.net is privately held and venture-backed. The
company was founded by Karl Hirsch, co-founder of Preview Systems, a
leader in electronic software distribution.
For more information, contact the company at 650/322-8120 or
visit the web site at www.onechannel.net.
About Egghead.com
Egghead.com (www.egghead.com) is a leading Internet-based
retailer of computer hardware, software, peripherals and accessories.
Recent Media Metrix surveys indicate that Egghead.com ranks among the
top shopping sites on the Web and is among the 50 most frequently
visited sites overall.
Note to Editors: OneChannel.net is a trademark of OneChannel.net.
Other trademarks are the property of their respective owners.
CONTACT:
OneChannel.net
Mike Nelson, 415/566-7268
mnelson@sfo.com
KEYWORD: CALIFORNIA
BW0022 MAY 21,1999
5:16 PACIFIC
8:16 EASTERN
|
