To: LLCF who wrote (65 ) 1/24/2000 5:37:00 PM From: Fiscally Conservative Read Replies (1) | Respond to of 85
Ok..here we go...CHICAGO--(BUSINESS WIRE)--Dec. 27, 1999--VirtualSellers.com Inc. (OTC BB:VDOT) -- Indeed, many of today's e-tailers are finding out too late that their e-commerce systems are not equipped to handle the enormous demand experienced during a major holiday rush. In recent announcements, several of the top online mass merchandisers, including Toys-R-Us Inc. (NYSE:TOY) and eToys Inc. (Nasdaq:ETYS) admitted their fulfillment process would not be able to deliver products in time for the up-coming holiday. The common problem has been the lack of integration between three core areas of an online business; the Web site, back office functions and fulfillment. Very often, Web sites continue to display items long after they have been sold out. Seeing an item labeled "in stock" and completing an online order should give a shopper confidence that the item will be received as promised. Because of the way many corporate ERP systems are designed, with Web sites and fulfillment centers separated and often scattered across the country, the sharing of real-time data has been made difficult. Add to that, the fact that many of those areas of a business are running on different operating systems, and the task of sharing data becomes even more daunting. "We believe the primary reasons for lack of integration are the difficulty and expense typically associated with systems integration," said Kevin Wielgus, vice president of operations for VirtualSellers.com. "That is exactly why we are so excited about the future of TAME©. By reducing the development time and removing operating system compatibility issues, developers can spend more time planning the logistics of a large-scale e-tail operation and less time jumping through technical hoops." "TAME (R) could have certainly helped eliminate the breakdown in communication between Web site, back office and fulfillment," said Dennis Sinclair, CEO of VirtualSellers.com. "If these online operators had our software, they could have spent less time coding and more time planning." As the 1999 holiday shopping season comes to a close, VirtualSellers.com would like to remind e-tailers that the TAME© challenge would be a great opportunity to fix the problems of Christmas past and give new hope for a Merry Christmas future. VirtualSellers.com provides enterprise application development solutions. Through recent strategic acquisitions, VirtualSellers.com has created a state-of-the-art service bureau geared to launch merchants safely and quickly into the world of e-commerce. VirtualSellers.com offers a variety of secure transaction processing services to assist merchants with their e-commerce requirements, including integrated on-line marketing, product ordering, billing and payment collection. For more information, visit their Web site at www.virtualsellers.com. Safe Harbor Statement Included in this release are "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. There are certain important factors that could cause results to materially differ from those described in the statements made above. These factors include, but are not limited to, the performance of VirtualSellers.com Inc. and its subsidiaries; the success of the company's strategic plans; the vigor of Internet commerce in general; fluctuations in worldwide economic conditions; and others. Although the company believes that the expectations reflected in such forward-looking statements are reasonable it can give no assurance that such expectations will prove to have been correct. TAME© is a registered trademark of VirtualSellers.com. MEDIA & INVESTOR RELATIONS COMPANY CONTACTS: Shannon T. Squyres, President Market Pathways 949-955-1860 sts@marketpathways.com (Media & Investors) Everett Palmer VirtualSellers.com 312-920-9999 EPalmer@virtualsellers.com __________________