John, we also shouldn't forget about CSCO as todays PR reminds us.
Company Press Release
SOURCE: Open Market, Inc.
Cisco Teams With Open Market To Bring Internet Commerce and High-Powered Network Solutions To Growing Businesses
BURLINGTON, Mass., April 26 /PRNewswire/ -- Open Market, Inc. (Nasdaq: OMKT - news), a leading provider of Internet commerce and information publishing software, today announced that the company is joining with Cisco Systems, Inc. to bring Open Market's best-of-breed Internet commerce application solutions to small- and medium-sized growing businesses through Cisco's end-to-end intelligent Internet infrastructure.
Through the Cisco Hosted Application initiative, growing businesses will have the opportunity to bypass the costly and frustrating process of building the infrastructure for their online business, and charge forward with the most powerful Internet commerce applications available. Growing businesses will access applications through Application Service Providers that will host and maintain these applications and deploy them remotely to customers through Cisco's intelligent networking solutions. With this unparalleled technology support in place, these growing companies can focus on making their business successful.
''Open Market's Internet commerce products are an outstanding solution for growing businesses that need to have access to the best-available Internet commerce solutions on a low-cost, resource-conscious basis,'' said Eugene Lee, vice president of small/medium business marketing for Cisco Systems. ''Working with Open Market gives Cisco the ability to offer not only Open Market's leading software solutions, but the history and the industry expertise that will help growing businesses thrive.''
''The Internet is moving at a lightning pace, and many growing businesses no longer have time to build their own Internet commerce infrastructure if they want to be successful in this ultra-competitive environment,'' said Jeff Bussgang, vice president of Marketing, Open Market, Inc. ''By providing a pipeline for these businesses to access the most powerful application, networking and hardware solutions, Cisco is opening the doors for these companies to enter the Internet marketplace. Linking to Open Market's Internet commerce applications will give these companies access to best-of- breed products that have been architected to answer the complete commerce needs of companies of all sizes.''
More about Open Market
Founded in 1994, Open Market, Inc. (Nasdaq: OMKT - news) is the market-share leader in Internet commerce software with over 20,000 merchants worldwide using the company's products. Open Market's high-performance application software products and professional services allow its customers to engage in business-to-consumer and business-to-business Internet commerce, information commerce, and commercial publishing. Among Open Market's distinguished roster of global customers are many of the most popular domains on the Web, including Lycos.com, AOL.com, Time Warner's Pathfinder.com, major industrials such as Ingram Micro, Milacron, and Acer, more than 700 publishers using Folio Products, including the top 10 commercial publishers, and 10 of the world's top 13 national telephone companies. The company, headquartered in Burlington, Massachusetts, with offices in Japan, Canada, the UK, France, Germany, The Netherlands, Italy, and Australia can be reached by calling 1.888.OPEN.MKT or by visiting openmarket.com.
This news release contains forward-looking statements that involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the company's limited operating history, delays in product development, development of the Internet market, changes in product pricing policies, competitive pressures, and the risk factors detailed from time to time in the company's periodic reports and registration statements filed with the Securities and Exchange Commission.
Open Market, Transact, ShopSite, LiveCommerce, and We ARE Internet Commerce are trademarks or registered trademarks of Open Market, Inc. in the United States and other countries.
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