12.21 NEWS....
CYBERSOURCE(R) ANNOUNCES SOLUTIONS RESELLER PARTNERSHIP WITH INGRAM MICRO TWO COMPANIES HELP BRING ECOMMERCE TRA
SAN JOSE, Calif., Dec 21, 1999 /PRNewswire via COMTEX/ -- CyberSource Corporation (Nasdaq: CYBS), a leading developer and provider of real-time eCommerce transaction services, today announced a solutions reseller partnership with Ingram Micro Inc. (NYSE: IM), the world's largest wholesale provider of technology products and services.
(Photo: newscom.com )
Under terms of the agreement, Ingram Micro will fully integrate CyberSource's Payment and Risk Management services with its comprehensive eCommerce offering through www.venturetechnetwork.com. CyberSource's capabilities enable the VentureTech Network resellers to safely and easily sell products and services online.
The first affiliation of its kind, VentureTech Network is an alliance of IT solutions integrators with more than 500 members, focused on providing premium computer products, technology expertise and value-added services to the SMB market. Launched in January 1998, the Network is administered by Ingram Micro Inc. and provides its membership with access to the company's product breadth, unparalleled delivery capabilities and relationships with key manufacturers.
By offering CyberSource's integrated suite of eCommerce transaction services to Ingram Micro's VentureTech Network, the two companies provide small to midsize companies a complete solution to quickly and easily accept and process online orders. By leveraging the solution provided by Ingram Micro and CyberSource, merchants are able to off-load the back office infrastructure necessary to sell online, and focus their attention on their core business -- developing compelling online experiences for their customers, providing differentiated products and services, and pursuing new business opportunities. "Ingram Micro is committed to helping our VentureTech Network members succeed and continually seeks to develop innovative services and capabilities-enabling our members to provide superior solutions for small and medium businesses," said Rick Sbrocca, vice president, Global SMB for Ingram Micro. "We selected CyberSource's eCommerce transaction services because they were able to provide us with a scalable, affordable solution that made it possible for VentureTech Network to roll out its storefront strategy in a timely manner."
"By partnering with Ingram Micro and supporting their VentureTech Network initiative, CyberSource is able to better serve resellers and offer a complete suite of eCommerce transaction services needed to successfully sell online," said Erna Arnesen, vice president of North American Field Operations for CyberSource.
About Ingram Micro Inc. Ingram Micro Inc., headquartered in Santa Ana, Calif., is the world's largest wholesale provider of technology products and services, and a leader of assembly and integration services with sales of $26.5 billion for the past four reported quarters. The company and its subsidiaries operate in 34 countries and distribute more than 225,000 products to more than 140,000 resellers in 130 countries.
About CyberSource CyberSource is a leading developer and provider of eCommerce transaction services, and a pioneer in the area of Internet fraud detection. More than 800 Internet merchants in more than 26 countries have chosen to use CyberSource services. CyberSource provides mission-critical reliability with the CyberSource Internet Commerce Suite(SM), offering merchant-controlled, real-time services including, Payment Services, Tax Services, Risk Management Services, Distribution Control Services, and Fulfillment Management Services. Customers of CyberSource include leading Internet merchants and businesses selling on-line including Amazon.com, Beyond.com, BUY.COM, Casio, Compaq Computer, Nike.com, Rx.com, Remedy and Shopping.com. For more information visit cybersource.com or email to info@cybersource.com or ir@cybersource.com
NOTE: CyberSource is a U.S. registered trademark. CyberSource Internet Commerce Suite is a service mark of CyberSource Corporation. All other brands and product names are trademarks or registered trademarks of their respective companies.
SOURCE CyberSource Corporation
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Lisa Bergamo of CyberSource Corporation, 408-556-6501, or
lbergamo@cybersource.com; or Kim Strohm of Ingram Micro, Inc., 714-382-4400,
or kim.strohm@ingrammicro.com
/Photo: newscom.com
AP Archive: photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 201-369-3467
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 107369
WEB PAGE: cybersource.com
GEOGRAPHY: California
INDUSTRY CODE: CPR
MLM
SUBJECT CODE: CON
|
