To: Marty who wrote (670 ) 11/2/1998 12:23:00 PM From: Ben Wong Read Replies (1) | Respond to of 2004
NaviSite Selected as Open Market Hosting Partner Business Wire - November 02, 1998 08:58 ANDOVER, Mass.--(BUSINESS WIRE)--Nov. 2, 1998-- Partnership will Enable NaviSite to Offer Premier Internet Commerce Application Services NaviSite Internet Services, a leading provider of high-performance Internet outsourcing solutions, today announced that the company has been selected by industry-leader Open Market, Inc. (NASDAQ: OMKT) as a commerce service provider utilizing the company's Transact(TM) technology. Through the agreement NaviSite will offer Open Market's industry-standard Transact to provide commerce services to companies wishing to do business on the Web. This agreement supports NaviSite's announcement today of SiteHarbor ProApps, which provides for the hosting, management, rental and integration of complex Internet applications. By partnering with best-of-breed companies, NaviSite's goal is to help make the best Internet technology available to even the most resource-constrained customers. By providing the access to this software as a turn-key service, NaviSite enables organizations to leverage high-end software applications such as Open Market's Transact in order to capitalize on e-commerce opportunities. This also provides application developers with transaction services to enhance their applications. "We are very pleased to work with Open Market as the premier Internet commerce software provider. This agreement is a prime example of how NaviSite's SiteHarbor ProApps product line will profit companies looking to reap the benefits of high-end e-commerce technology," said Bob Eisenberg, president and CEO of NaviSite. "Companies in a wide range of industries will benefit greatly from the ability to use the powerful technology in Transact to gain a competitive advantage in the electronic commerce market." Through the company's partnership with Open Market, NaviSite will provide the full range of Transact's comprehensive functionality - including buyer authentication, payment, order processing, tax and shipment cost calculation, fulfillment, buyer self-service, customer service, reporting, profiling, and analysis, which have already made Transact the standard for Internet commerce. Open Market's Transact, which includes rich features such as multi-language capabilities, customizable buyer and seller screens, and ease of integration, ushers in a new category of Internet commerce enterprise application software - offering the industry's only packaged enterprise application software for business-critical Internet operations. "The combination of Open Market and NaviSite uniquely leverages the strengths that each company brings to the table - Open Market's world-renowned Internet commerce expertise and NaviSite's high-performance Web hosting and application management services," said Gary Eichhorn, president and CEO of Open Market. "Open Market has long recognized the value of service providers like NaviSite in ensuring that customers are able to use the Transact software to its fullest potential." NaviSite is developing a suite of backend commerce transaction services based on Open Market's Transact commerce software, including online customer authentication and authorization; online order and payment processing; automated tax and shipping calculations; online order tracking and status; digital and physical goods fulfillment services and online customer service.