Manny,
Still in VRIO? I just watched a large span of green in my screen that lasted a while... buyers finally:
PR Newswire, Tuesday, April 06, 1999 at 07:18
New VerioStore Plans Feature Integrated E-commerce Application, Web Site
Hosting and Domain Name Registration, and On-line Shopping Portal
ENGLEWOOD, Colo., April 6 /PRNewswire/ -- Verio Inc. (NASDAQ:VRIO), the
world's largest domain-based Web-hosting company and a leading supplier of
business e-commerce services, iMALL Inc. (NASDAQ:IMAL), a leading provider of
e-commerce solutions, and First Data Merchant Services Corporation (FDMS), a
wholly owned subsidiary of First Data Corporation (NYSE:FDC) and one of the
nation's leading providers of Internet payment processing solutions, today
announced a partnership to offer complete e-commerce services to businesses.
The VerioStore(TM) plans include highly integrated e-commerce applications --
bundled with Web site hosting and domain registration services -- and Web
traffic generation via iMALL's Stuff.com shopping portal.
"This partnership with iMall and First Data represents another significant
milestone in Verio's mission of enabling companies to do businesses on the
Net," said Justin L. Jaschke, Verio's chief executive officer. "This
combination of the industry leading capabilities of iMall, First Data and
Verio offers the most complete and easiest-to-use e-commerce solution on the
market today."
The VerioStore plans offer small and mid-sized businesses a complete,
affordable and easy way to set up virtual storefronts on the Web. Based on
the comprehensive e-commerce solution jointly developed by iMALL and FDMS,
VerioStore will include on-line product catalogs, a search engine, cash
register, shopping cart, shipping and sales tax calculations, on-line merchant
account establishment, and a fully-integrated payment gateway. In addition,
Verio's leading Web-hosting and domain name registration services are
seamlessly integrated to provide businesses with true one-stop shopping for
all the components of an electronic commerce-enabled Web site. Once online,
VerioStore customers' merchandise will be featured on the Stuff.com shopping
portal where potential customers can find and purchase their products.
"The iMALL/First Data solution is an excellent complement to our existing
suite of electronic commerce plans for businesses," said Buddy Cunningham,
vice president of sales and marketing for Verio. "By consolidating many of
the individual components of e-commerce into one package -- including the
unique feature of consumer Web traffic generation -- our VerioStore plans will
appeal to a broad range of business customers. These plans are ideally suited
for early adopters who have existing Web stores up and running, as well as the
next wave of merchants seeking to get their businesses online."
Under the agreement, Verio will offer the iMall/FDMS solution as Verio's
preferred e-commerce service through verio.com, select other Web sites, and
its direct marketing sales forces. In addition, Verio will aggressively
market the solution to its existing base of more than 200,000 hosted Web
sites. iMALL will offer Verio's leading Web hosting services as its preferred
hosting solution and will also provide unlimited product listings for all
Verio merchants through Stuff.com.
"Verio has emerged as one of the Internet's recognized leaders, most
recently evidenced by its exclusive Web-hosting and e-commerce partnership
with America Online," said Richard Rosenblatt, iMALL's chairman and chief
executive officer. "This new partnership with Verio not only represents a
significant endorsement of our strategy and service, but as Verio's preferred
e-commerce solution our services will be aggressively marketed to Verio's
growing base of hosted Web sites."
"We are excited to be working with one of the Internet's leading
e-commerce companies," said John Duncan, executive vice president, First Data
Merchant Services. "Together, we look to make great strides in expanding the
Internet merchant community and to continuing to strengthen First Data's
momentum in this space."
Old Kent Merchant Services, an alliance between Old Kent Bank and FDMS,
will provide the acquiring services to merchants selecting the VerioStore
plans.
The value and integration of the VerioStore plans represents a new
milestone for the e-commerce marketplace. For example, a sophisticated Web
site developer could purchase the individual components of the VerioStore
plans for approximately $5,000 with an additional $145 per month for
Web-hosting services. Available in May 1999, the VerioStore plans begin at
$199 per month.
About iMALL
iMALL, Inc. is the leading provider of fully integrated, "one-stop"
e-commerce solutions. iMALL's e-commerce tools and services allow businesses
to create Web sites or use existing ones, establish accounts online, deliver
shopping services to customers, drive traffic to their business and process
customer orders. Through its recent acquisition of Pure Payments, Inc., iMALL
has integrated sophisticated electronic payment gateway services into its
e-commerce solutions. iMALL's e-commerce solutions can be found at
merchantstuff.com and its shopping portals at stuff.com
and imall.com. For further information, visit iMALL's corporate
site at imallinc.com.
About FDMS
First Data Merchant Services Corporation (FDMS), a wholly owned subsidiary
of First Data Corporation (NYSE:FDC), is one of the nation's leading
providers of electronic commerce solutions for hundreds of financial
institutions and nearly two million merchant locations. FDMS offers a full
range of processing solutions including credit, debit, check and pre-paid
payments, along with value-added information and Internet-based services.
For further information, visit firstdata.com.
About Verio Inc.
Verio Inc. is the world's largest domain-based (e.g. yourcompany.com)
Web-hosting company and a leading provider of comprehensive business Internet
services, with an emphasis on serving the small and mid-sized business market.
The company offers customers a broad range of Internet solutions, including
high-speed access, Web hosting, e-commerce, virtual private networks and other
enhanced services. Verio supports its operations with highly reliable and
scalable national infrastructure and systems including a facilities-based Tier
One national network. Verio delivers locally based sales and engineering
support in 41 of the top 50 U.S. markets under the Verio brand name and
provides Web hosting services to customers in more than 170 countries.
For more information on Verio, visit the company's Web site at
www.verio.com. The corporate headquarters are located in Englewood, Colorado
at 8005 S. Chester Street, Suite 200, 80112, phone number 303.645.1900.
"Safe Harbor" statement under the Private Securities Litigation Reform Act
of 1995: Statements in this press release regarding the business of iMALL,
Inc., which are not historical facts, are "forward-looking statements" that
involve risks and uncertainties. These forward-looking statements include
statements that involve risks and uncertainties based on management's current
expectations, estimates and projections about the Internet industry and the
evolution of on-line commerce and electronic commerce services. In such
instances Actual results may differ materially as a result of a variety of
factors, including competitive developments and risk factors listed from time
to time in the Company's reports on file with Securities and Exchange
Commission.
Except for the historical information contained herein, certain matters
set forth in this press release are forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to risks and
uncertainties, including but not limited to fluctuations in operating results,
additional capital requirements, competition, integration of acquisitions and
implementation of network infrastructure. Readers are also encouraged to
refer to Verio's reports from time to time filed with the Securities and
Exchange Commission, including the Company's Current Annual Report on
Form 10-K filed on March 31, 1999, for a further discussion of Verio's
business and risk factors that may affect operating and financial results and
the financial information provided herein with respect to recent acquisitions.
SOURCE Verio Inc.
-0- 04/06/99
/CONTACT: Matt Bell, of Verio Inc., 303-645-1961, mbell@verio.net;
or Jeff Lloyd of Sitrick and Company, 310-788-2850, jeff_lloyd@sitrick.com;
or Elizabeth Sullivan of FDMS, 516-577-7019, elizabeth.sullivan@firstdata.com
/Web site: firstdata.com
/Web site: stuff.com
/Web site: merchantstuff.com
/Web site: imall.com
/Web site: imallinc.com
/Web site: verio.com
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