Beyond.com Partners With Palm Computing to Open Online Software Store for Palm Computing Organizer Users - BW, 08:04 a.m. Dec 17, 1998 EST
SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 17, 1998-- Internet software superstore Beyond.com(tm) (Nasdaq:BYND) said today that it has been chosen to build an online store that caters to the software needs of Palm Computing(R) organizer customers.
For devotees of the pocket-sized, connected organizer, the online store represents the most convenient way to buy the more than hundreds of software applications now available for the Palm Computing platform. Some popular applications include productivity, scheduling/contact management, email, and business programs.
To ensure the high caliber of product, Beyond.com will sell Palm(tm) platinum-branded software in the new store. Palm Computing-compatible products that bear the platinum label are required to meet rigorous standards for quality, usability and hardware and software compatibility.
Under the agreement, Beyond.com is the only software store featuring platinum-branded products that has been granted a direct link to its web site beyond.com from Palm Computing's web site palm.com, making it easier for the more than two million Palm Computing organizer owners to stock up on software and accessories for their devices. The debut of the store will help holiday shoppers find the ideal holiday gift for Palm Computing aficionados.
"Opening an online store devoted to software for the Palm Computing platform reinforces Palm's leadership position in hand-held computing technology," said Brian Sroub, vice-president of marketing at Beyond.com. "We support Palm in the delivery of software that helps people stay connected and organized from shirt pocket to desktop."
Andrea Butter, acting vice-president of marketing at Palm Computing, Inc., a 3Com company, said, "We chose Beyond.com to build the electronic store because of its Internet expertise, reputation for customer satisfaction and superb relationships with quality software developers."
The store will offer boxed and digital download versions of such popular Palm Computing compatible software titles as IntelliGolf by Karrier Communications, Desktop to Go by DataViz, and Smartcode's HandMAIL.
About Beyond.com
Beyond.com sells commercial, off-the-shelf software to the government enterprise, corporate and consumer markets, offering its customers a better place to buy software. Visitors to the company's online store (http://www.beyond.com) enjoy a comprehensive selection of software backed by customer service and competitive pricing. Approximately 30,000 software stock-keeping units (SKUs) are available for online purchase with more than 3,300 SKUs available for immediate, electronic delivery, including software from such major publishers as Adobe, Lotus, Microsoft, Sun Microsystems and Symantec. The company has established strategic marketing alliances with America Online, Inc., Excite, Inc., Netscape Communications Corporation and Network Associates, Inc. Additionally, Beyond.com offers publishers transaction processing, physical and electronic order fulfillment, customer support, site design consultation, marketing support and reporting. Beyond.com is incorporated in Delaware as software.net Corporation. Software.net Corporation has applied for federal registration of the marks BEYOND.COM and BEYOND DOT COM. Beyond.com trades on the Nasdaq under the symbol ("BYND").
To the extent that this news release discusses expectations about software.net's (Beyond.com's) expectations about plans to grow the company's revenue or customer base as a result of its new online store for Palm computing organizer customers, these statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results for the fourth quarter of 1998 and subsequent quarters could differ materially from any future performance suggested above. Among the factors that could affect subsequent periods include: Reductions in or cancellations of customer orders, changes in relationships with software suppliers, changes in relationships with strategic partners, changes in the product mix sold by the company, competition from other online software resellers or publishers, inability to raise sufficient capital on satisfactory terms, or at all, and other factors described in the company's prospectus dated June 17, 1998, as filed with the Securities and Exchange Commission ("SEC"). Beyond.com news and product/service information is available at the company's World Wide Web site located at beyond.com.
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