eStores 4.0 Offers B2B Components, as Well as Enhanced Functionality and Flexibility
SANTA CLARA, Calif.--Oct. 24, 2001--Beyond.com Corporation (Nasdaq:BYND), a leading provider of e-commerce technology and services, today announced the launch of its latest e-commerce solution -- eStores 4.0. Operating on a completely Java-based platform, eStores 4.0 offers greater performance, e-commerce functionality, and client-based customization. The modularity of the Java-based platform allows clients to add or remove functionality to their eStores quickly and easily, providing increased flexibility and scalability. The eStores 4.0 platform also provides enhanced corporate functionality to further enable business-to-business (B2B) e-commerce transactions.
"eStores 4.0`s Java-based architecture gives greater control to our eStore clients for managing their online stores and customers," said Eric Chatham, vice president of engineering and CIO of Beyond.com Corporation. "The corporate functionality of eStores 4.0 enables our clients to offer an e-commerce solution for consumers, as well as for B2B applications."
Several of Beyond.com`s existing clients have already begun to migrate their eStores to the new platform, including Interact Commerce Corporation, makers of the popular ACT! Software.
Added features and functionality to eStores 4.0 include:
-- Customer Accounts
Allows consumers to set up and manage personalized accounts and preferences. This function also enables eStore clients to personalize customers` experiences and to target segmented audiences with marketing campaigns.
-- Corporate Functionality
Allows corporate customers to shop with purchase orders, which can be generated and approved online. Corporate customers can create accounts to manage order approval, shipping, and billing information.
-- Multi-level pricing
Allows eStore clients to offer different pricing levels to different customers, including corporate customers.
-- Client Tools
Cross-sell: Allows eStore clients to manage cross-sell and up-sell mechanisms dynamically to increase average order size and overall sales revenues.
User Permissions: Allows eStore clients to appoint a "super-user" to set and manage tools internally, providing better internal management of stores.
Pricing Engine: Allows eStore clients to apply margin percentages to all products by customer type, category, or promotion.
Enhanced Reporting: Includes reports for product sales, campaign promotion tracking, site metrics, customer service metrics, cross-sell sales, abandonment and conversion metrics. This feature also offers customized reporting options.
About Beyond.com Corporation
Beyond.com Corporation is a leading provider of e-commerce technology and services. The company builds, manages and markets online stores (eStores) for businesses. Beyond provides a full suite of marketing programs and services to help maximize clients` eStore sales activities and revenues. The company also sells software and computer-related products to the government and consumer markets. Beyond.com Corporation trades on the Nasdaq National Market under the symbol "BYND." More information on the company can be found in its filings with the Securities and Exchange Commission (SEC), or by visiting www.beyond.com.
Safe Harbor Statement
Certain statements in this press release 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. These include statements relating to the ability of eStores 4.0 to offer greater performance, e-commerce functionality, and client-based customization; the ability of the Java-based platform to allow clients to add or remove functionality to their eStores quickly and easily, providing greater flexibility and scalability; the ability of the eStores 4.0 platform to provide enhanced corporate functionality to further enable business-to-business (B2B) e-commerce transactions; and the ability of the eStores 4.0 platform to give greater control to eStore clients for managing their online stores and their customers. Such statements are subject to substantial risks and uncertainties. Actual results could differ materially from any future performance suggested above. Factors that might cause such a difference include, but are not limited to, the corporate functionality of eStores 4.0 enabling B2B e-commerce transactions, and enabling Beyond.com`s clients to offer an e-commerce solution for consumers, as well as for B2B applications. Beyond.com Corporation`s business is subject to other risks, including 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, and market acceptance of the company`s new profitability initiatives, as well as other risk factors described in the company`s filings with the SEC. Beyond.com Corporation news and product/services information is available at the company`s World Wide Web site located at http://www.beyond.com.
Jim Campbell, 408/855-3000
Luz Rodriguez, 415/882-9494