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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: SOROS who wrote (1327)4/8/1999 4:29:00 PM
From: William Bach  Read Replies (1) | Respond to of 2004
 
M2 PRESSWIRE-8 April 1999-OPEN MARKET: Open Market again named the number one worldwide market share leader for Internet commerce software (C)1994-99 M2 COMMUNICATIONS LTD Open Market, Inc. (NASDAQ: OMKT), a leading provider of Internet commerce and information publishing software, today announced that for the third consecutive year, Open Market is the worldwide market share leader for Internet commerce software. According to a Dataquest Alert, Open Market is listed with 20% percent market share in the global Internet commerce market. Open Market continues to beat-cut other vendors including Broadvision, IBM, Microsoft, Interworld, Intershop, Netscape and Oracle. According to Alan Cornwell, vice president, International, Open Market, Inc., "Open Market stands firm as the pre-eminent choice for Internet commerce software worldwide. These numbers verify what our customers already know. Open Market's products are leading the industry and our expertise in helping businesses leverage the opportunities presented by Internet commerce is second to none. Time and time again, companies who are serious about moving their businesses to the Internet select Open Market as their partner. This news follows on the heels of Dataquest's 1998 Digital Commerce Worldwide report entitled, ":Service Providers. A Rising Electronic Commerce Software Channel Partner," where Open Market is the market share leader for Internet commerce software with 8,800 licenses sold. Licenses include ShopSite and Transact merchant licenses and Transact and LiveCommerce enterprise licenses. Since the put fishing of the report, Open Market has sold an additional 4,200 merchant licenses, bringing the total to 13,000 licenses sold, with over 6,500 merchants in production. This is more than any other vendor, including Microsoft and IBM combined. Open Market's distinguished customer roster includes many of the world's most successful and recognisable businesses including Lycos, America Online, Consumers Union, BusinessWeek, Standard & Poors, USA Today, Playboy Online, Rea Networks, Acer, Ingram Micro, Milacron, and Cable-vision. Additionally, Open Market has dominated the Commerce Service Provider market by establishing a worldwide infrastructure of telecommunications providers, banks, Internet Service Providers, portals, and other companies that provide commerce and store- building services to merchants on an outsource basis. Some of these include AT&T, Barclays Bank, First Union National Bank, France Telecom, Hiway, Netcom, NTT, Sage Networks, SBC Communications, Swiss PTT, Telecom Italia, and Telstra.