Open Market, Inc. , a leading provider of Internet commerce software, has announced that MTS Advanced, a division of Manitoba Telecom Services, has launched its new nGage Electronic Commerce service using Open Market’s Transact software. nGage Electronic Commerce provides a complete and fully integrated service that allows businesses to easily sell products, services, and information on the Internet. This service, powered by Open Market’s Transact Internet commerce software, centrally manages the online transactions, fulfillment, and administrative processes for business in a fast, reliable, and secure environment.
“Internet commerce is a rapidly growing business in a global marketplace. This exciting new service will meet this demand, providing businesses with an opportunity to use the Internet as a viable sales and distribution channel,” said Bruce MacCormack, President and Chief Operating Officer of MTS Advanced, the new media and directory publishing division of Manitoba Telecom Services Inc.
“MTS Advanced is a great example of telecommunications companies using Transact to broaden their services to customers,” said Gary Eichhorn, president and CEO of Open Market, Inc. “Now, Canadian businesses, particularly those in Manitoba, will be able to look to MTS to take care of the cost and complexity of Internet commerce.”
One of the many benefits of the nGage Electronic Commerce service is the ease with which any business can sell its products or services on the Internet. The service processes orders, calculates taxes and shipping costs, and processes and settles payments, providing full financial reporting and valuable market research to clients. In addition, the service can also settle transactions through a variety of currencies, and businesses are also eligible to receive other benefits such as discounts on credit card charges and domestic and international shipping rates.
nGage has brought together leading software, hardware, telecommunications, finance, and shipping services into one unique and fully integrated solution. Clients of the service need no additional hardware or software and nGage provides the training and technical support. The service can also integrate with a client’s in-house systems or those of a third-party service provider. nGage Electronic Commerce will be sold by MTS Advanced and a channel of Canadian agents and resellers. For additional information on nGage’s suite of electronic commerce solutions, businesses can contact nGage toll-free at 1-888-783-5555.
More About Open Market
Founded in 1994, Open Market, Inc. develops, markets, licenses, and supports high-performance software products that allow its customers to engage in business-to-consumer and business-to-business Internet commerce. Open Market’s innovative technology enables the separation of the management of business transactions from the management of content, thereby allowing companies to securely, centrally, and efficiently manage business transactions over the Web. The company, headquartered in Cambridge, MA, can be reached at 617-949-7000 and on the World Wide Web at .
The Folio Products Division of Open Market is the world’s leading provider of software for publishing professional information. Folio products are installed on an estimated 30 million desktops. More than 700 publishers use Folio software to create and distribute approximately 3,500 electronic titles. For more information about Folio products and services, contact Folio at 801-229-6710 or visit .
This news release contains forward-looking statements, with respect to Open Market, 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, 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.
NOTE: Open Market, Transact, and We ARE Internet Commerce are trademarks or registered trademarks of Open Market, Inc. in the United States and other countries. All other names are used for identification purposes only and may be trademarks of their respective owners.Details