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Mercantec Press Release

Contacts:
Rachna Luthra
Mercantec, Inc
media@mercantec.com
630.305.3200, ext. 2111

Randy Pitzer
Mercantec, Inc.
rpitzer@mercantec.com
630.305.3200 ext. 2149

Mercantec Expands Distribution of E-Commerce Solution by Partnering with KPN: Top European Telecommunications Firm
KPN to distribute Mercantec e-commerce software and capitalizing on growing Internet usage in the Netherlands, Belgium and Luxembourg

 

CHICAGO - Monday, June 26, 2000 - Mercantec, Inc., a leading provider of Internet commerce solutions, today announced that KPN, the Netherlands' largest telecommunications firm, has signed a licensing agreement enabling KPN to distribute Mercantec's award-winning SoftCart® e-commerce solution. KPN will offer SoftCart to Dutch and Belgian Internet service providers, commerce service providers, and Web hosting companies as well as to small- and medium-size businesses. SoftCart enables these businesses to create online storefronts so that they can prosper in the Internet economy.

Use of the Internet in the Netherlands and Belgium, particularly for online shopping, is soaring. According to the Computer Industry Almanac the Netherlands is among 15 countries that will account for 82 percent of worldwide Internet users by the end of 2000.* Additionally, a May 2000 study published by InSites, Belgium's leading research and advice bureau for Internet marketing issues, reveals that 35.5 percent (or 600,000) Belgian Internet users have made a purchase online. This is an increase of 30 percent since December 1999.**

As a result of its agreement with Mercantec, KPN can now help merchants in the Netherlands and Belgium capitalize on this growing use of the Internet and meet the demand for e-commerce solutions.

"KPN wants to offer its small- and medium-size customers a complete, easy, secure and affordable way to sell their products and services online," said Kees Smaal, vice president Internet Services of the KPN Telecommerce Business Unit. "SoftCart's broad functionality, flawless security features and ease of integration make it the right solution for our customers."

"Our agreement with KPN reinforces Mercantec's strategy to leverage partnerships with leading service providers to distribute our e-commerce solutions," said Andy Parker, CEO and president for Mercantec. "As the Netherlands' largest telecommunication company, KPN will enable us to tap a tremendous market that is ripe for e-commerce business. Our partnership with KPN will provide us with volume pricing and large dollar sales, while allowing Mercantec to focus on maintaining its technological advantage."

Now available in more than 90 countries, Mercantec's SoftCart is the world's leading e- commerce solution delivered through Internet service providers, commerce service providers, telecommunications firms and Web hosting providers. SoftCart answers global online purchasing challenges by enabling international businesses to easily address language translation, currency conversion and value-added tax issues.

Mercantec SoftCart is used by more than 15,000 merchants worldwide and endorsed by many of the world's leading Internet commerce service providers including Telefónica, HKNet, the second largest Internet service provider in Hong Kong; and Insite Portugal, a leading wholesale distributor of technology products and services.

Mercantec is a member of the divine interVentures Internet Zaibatsu™, a network of business-to-business e-commerce companies aligned with divine interVentures, inc., an Internet operating company.

About SoftCart
The winner of NewMedia magazine's 1999 Hyper Award for Best Out-Of-The-Box Store, SoftCart enables merchants to quickly and easily build and maintain their online stores. Designed to be compatible with a merchant's existing business systems, SoftCart has an open, API-based architecture that accommodates the widest range of databases, Web servers and browsers, order delivery options, tax and shipping models, and payment systems. This open architecture allows a Web site designer or systems integrator to tie SoftCart's commerce capabilities into the merchant's Web site at any stage in the site's evolution - whether starting from scratch or adding commerce to an existing Web site.

About Mercantec
Established in 1995, Mercantec, Inc. is a leading global provider of software products and services that enable Internet commerce. The Chicago-based Mercantec distributes complete e-commerce solutions through leveraged channels to small- to medium-size businesses. Among those channels are service providers, financial organizations, and Internet content providers. Mercantec's Internet commerce solutions are used by more than 15,000 merchants worldwide through more than 200 industry leading Internet service providers, such as Ameritech, Verio, EarthLink, Sprint, Interliant and Telefónica. For additional company or product information, visit the Mercantec Web site, www.mercantec.com, or call 630-305-3200.

About KPN
KPN, the Netherlands' largest telecommunications company, provides fixed telephony, mobile communications, IP/data, Internet, call center and media services to small-, medium-size and large businesses in the Netherlands, Belgium and Luxembourg. KPN is committed to fine-tuning its services to complement how customers communicate in life and at work. For additional company or product information, visit the KPN web site, www.kpn.com.

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* Published by the Computer Industry Almanac, Inc., a Chicago-based publisher of Internet and computer industry statistics, projections, salaries, trends and more.

** Belgian Internet Mapping study conducted and published by InSites, a Belgium-based research company and advice bureau for Internet marketing issues. Copyright 2000.

 

 

 
 
 
  Mercantec, Inc. and SoftCart are registered trademarks of Mercantec, Inc. Start-up, Lite, Suite, Merchant Payment Center, Merchant Connection, Mercantec StoreBuilder and StateTrack are trademarks of Mercantec, Inc. All other products mentioned may be registered trademarks or trademarks of their respective companies. Copyright © 1997-2000 Mercantec, Inc. All rights reserved.