COLUMBUS, Ohio -- April 5, 2004 -- ECNext (www.ecnext.com), a leading provider of technology and services for selling and delivering commercial-business information via the Web, announced today it has teamed with E4X, Inc., the provider of online multi-currency services. By incorporating E4X`s solution in it`s Web commerce platform, ECNext can provide clients with a multi-currency e-commerce service which will enable them to sell in local currencies without currency risks.
ECNext clients can now offer customers the option to pay in local currencies including the euro, British sterling pound, Canadian dollar, Australian dollar, Japanese yen, Swiss franc, Hong Kong dollar and others. They can view their exact and final purchase prices on-screen in these local currencies, and the company will continue to settle and conduct business in dollars. E4X guarantees the purchase prices and exchange rates to both ECNext clients and their customers, so neither is exposed to currency rate fluctuations.
ECNext provides hosted e-commerce solutions with the complete range of services and technology needed for building, managing and growing a successful online business. ECNext clients are leading market research firms, financial analysts and business publishers who create and sell high-value business research and data. With ECNext`s solution, these clients expand their customer base by cross-selling and up-selling new Web customers. The new E4X multi-currency ecommerce service is a valuable tool for attracting new international markets.
ECNext-powered commerce sites enable companies to expand their businesses by selling directly to that rapidly growing number of users who rely on web searches for critical business information needs. Web buyers are frequently project-driven and deadline-driven, and thus are highly motivated to purchase resources that meet their needs.
The ECNext solution ensures that self-service buyers searching the Web will quickly find and can immediately access and purchase our clients` information products. Currency conversion risks will not be an issue.
"With the exponential growth of the business of delivering content online, comes the ability for merchants to reach new markets. To compete in this global marketplace, it`s imperative that merchants offer consumers a local shopping experience which includes the ability to make online purchases in the currency of the consumer`s choice." said Yuval Tal, CEO of E4X, Inc. "ECNext is one of the forerunners in this thinking and we`re pleased to be able to provide their clients with this competitive differentiator. "
"One of the most powerful aspects of selling business content on the Web is the ability to easily reach and serve buyers worldwide. Enabling our clients to offer their customers the ability to pay in home currencies gives them another powerful tool for reaching and serving the lucrative Web marketplace," said Chris Skudder, CEO of ECNext, Inc. "With E4X`s quality multi-currency solution we provide another e-commerce benefit for our customers."
The ECNext multi-currency capability is available today. For additional information, contact ECNext at (614) 408-0080 or access www.ecnext.com.
About E4X, Inc.
E4X, Inc. provides currency management and conversion services for merchants who sell online internationally. The company works with major processors to enable merchants to sell in global currencies without assuming currency conversion risks, while receiving payment in the operating currency of their choice. The E4X solution also allows businesses to pay international suppliers and vendors in local currencies. E4X`s leading edge technology enables merchants to profit on each international transaction from foreign exchange revenues. Working with E4X allows online businesses to reach more global shoppers and increase international sales by presenting final prices in local currencies, thereby creating a more local shopping experience. E4X was founded in 1999 and is headquartered in New York, NY. The company has an R&D; facility in Tel Aviv. For more information, please visit www.e4x.com.
About ECNext
Founded in 1996, ECNext builds and manages online channels, enabling leading financial analysts, market research firms and business publishers to grow their business by selling high-value information via the Web. ECNext`s hosted e-commerce solution provides the complete range of technology and services required for powering online content sales and are tailored to meet each customer`s unique requirements and brand. Web marketing programs drive traffic to the site; e-commerce capabilities provide a range of promotion, sales, and subscription options for capturing revenue; workflow and content management tools streamline maintenance; and tracking and reporting capabilities provide real-time intelligence for on-going business improvement.
ECNext partners with customers combining Web content sales expertise with customer domain knowledge to drive business success. Additional information is available at www.ecnext.com
Media Contacts:
ECNext
Brad Warnick, Marketing
Tel: +1 (614) 408-0080
bwarnick@ecnext.com
SSSmith Public Relations
Sally S. Smith
Tel: +1 (513) 897-0654
sally@sssmith.com
E4X, Inc.
Melissa Holden, Public Relations
Tel: +1 (212)- 299-3580
melissa.holden@e4x.com
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