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© 1998 Tech
TECHWAVE'S
BUYSOFTWARE NETWORK DOUBLES IN SIZE IN UNDER THREE MONTHS

More Than 6,000 Online Merchants Strong,
The BuySoftware Network Continues Its Phenomenal Growth
SEATTLE,
Wash., October 26, 1998-
TechWave, a leading electronic commerce service provider,
today announced that more than 6,000 merchants are part of
its BuySoftware Network, which has effectively doubled in
size since August of 1998. The BuySoftware Network consist
of a diverse group of online storefronts built and hosted
by TechWave and operated on third party partner sites. These
partners include major Internet sites like Yahoo!, EarthLink,
and TalkCity as well as thousands of Internet community sites,
vertical market sites, online retail sites, and shopping portals.
TechWave's
BuySoftware Network consists primarily of computer product
superstores. TechWave has developed different programs to
meet the different needs of its partners. For less than $100,
anyone can open their own PersonalStoreä that comes fully
stocked with more than 30,000 software titles at competitive
prices. For business or Internet community web sites, TechWave
developed a more robust solution called the BusinessStoreä,
that provides its partners with higher profit margins and
the ability to resell more than 100,000 hardware, software,
and peripheral products.
TechWave's
PersonalStore merchant partners can effectively resell brand
name software products or purchase software directly from
their own store for personal use. PersonalStore partners are
also enabled to resell both ESD (Electronic Software Distribution)
and shrink wrapped products and can earn up to 10% on every
product sold through their store.
"Offerings
such as TechWave's PersonalStore program remove barriers to
entry and create opportunities for companies of any size to
become online merchants," said Steven Robins, Internet Computing
Strategies Analyst for the Yankee Group. "The program is a
clear example of why we anticipate that by the year 2000 electronic
commerce could account for more than $170 billion worth of
business products alone to be sold in cyberspace."
"TechWave's
BuySoftware Network represents one of the Internet's fastest
growing online distribution channels," said Dwayne Walker,
president and CEO of TechWave Inc. "Whether you are a product
manufacturer, reseller, or retailer, TechWave's growing network
of online storefronts affords greater penetration into a growing
community of online buyers. And with our TechWave CommerceTrust
technology behind all of our services, our merchant partners
can rest assured that their storefronts will operate worry-free."
About TechWave
Established in 1994, TechWave Inc. (www.techwave.com) is a
leading electronic commerce company dedicated to making e-commerce
a reality for all businesses. Through its full suite of e-commerce
solutions, TechWave helps customers and merchants safely and
easily buy and sell merchandise online. With offices in Seattle
Washington, Montreal Canada and San Francisco California,
TechWave provides electronic commerce technology services
to thousands of companies.
About TechWave's
CommerceTrust:
ECommerceTrust, TechWave's comprehensive suite of electronic
commerce technology and services, provides all back end operations
for a complete e-commerce solution. CommerceTrust services
include store creation, merchandise management, payment processing,
order fulfillment and tracking, sales reports, and virtual
call centers. Whether a merchant needs an entire turnkey solution
or just wants to enhance an existing system, TechWave's CommerceTrust
offers the necessary e-commerce tools.
Contacts:
Robert Nachbar, TechWave, (206) 223-1996, robertn@techwave.com
Howard Barokas, Barokas Public Relations, (425) 319-7711,
barokas@barokas.com
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