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INTERSHOP to Integrate beenz Into E-Commerce Offerings; INTERSHOP & beenz.com Strike Global Alliance
LONDON, and NEW YORK, March 15 /PRNewswire/ -- INTERSHOP, the leading provider of sell-side e-commerce software, and
beenz.com, creator of beenz(TM), the web's currency(TM), have signed a deal specifying that beenz can be spent at web sites based
on INTERSHOP's e-commerce software products - such as the new enterprise-level "enfinity."
This agreement will allow the world's leading e-tailers and business-to-business e-commerce merchants that use INTERSHOP
e-commerce software to use beenz alongside other currencies and payment systems, facilitating micropayments and real time
cash-like transactions.
Charles Cohen, Founder and Chief Technology Officer of beenz.com, said: "Our global alliance means that both companies will be
working together to cross-sell and integrate our present and future products. Companies enabling their web sites with INTERSHOP's
e-commerce software and beenz will enhance the on-line customer's experience. The beenz extensions to the INTERSHOP
technology will be available for free to all INTERSHOP customers."
John Griffith, UK Managing Director of INTERSHOP, added: "Having been a beenz-watcher since day one, I've wanted this alliance
for some time. beenz.com has established a strong brand, secure technology and a compelling proposition for every INTERSHOP
user. This alliance adds enormous value to the channel partners and customers of both beenz.com and INTERSHOP; we share the
same markets and sell to the same people. Above all, INTERSHOP's "Sell Anywhere" mission is strongly supported by the concept
of a the web's currency - fantastic synergy with our market-leading e-commerce software solutions."
Both companies plan to complement each other's e-commerce offerings. INTERSHOP, for example, believes that having
beenz-enabled customers will help improve traffic to sites which are based on its software. Meanwhile, beenz.com will be targeting
INTERSHOP's world-wide channel partners by recommending potential beenz solutions which help boost the number of
registrations.
Currently, there are nearly one million beenz consumers worldwide. beenz, the web's currency, is used by over 300 websites across
the globe. In the UK, companies such as leading search engine Excite.co.uk, travel site ebookers.com, new road assistance service
redrac.com, personal finance site motleyfool.co.uk, and car manufacturer honda.co.uk all use beenz as the web's currency. In the US,
beenz is being used by some of the world's most visited websites such as leading music site MP3.com, eTour.com and leading portal
site fortunecity.com.
INTERSHOP has sold over 100,000 licences worldwide - of which UK customers include: Waterstone's, Ferrari Merchandise, Tie
Rack, Ted Baker and Woolworth's. About INTERSHOP
INTERSHOP is the world's fastest growing provider of e-commerce software and solutions for the enterprise. INTERSHOP software
offers the quickest time-to-market today with the greatest flexibility for tomorrow. INTERSHOP e-commerce solutions enable
customers to "Sell Anywhere" by supporting the widest range of current and rapidly emerging, sell-side e-commerce business
models. With more than 100,000 licences sold worldwide, INTERSHOP customers include some of the world's largest commerce
service providers and enterprises such as AltaVista, Concentric, Deutsche Telekom, Go2Net, Mindspring, PSINet, Bosch, Canon,
Electronic Arts, Hewlett-Packard, Lufthansa, Mercedes Benz, Nat West and Waterstone's. Founded in 1992, INTERSHOP is
headquartered in San Francisco with offices in the U.S., Germany, France, Australia, Canada, Brazil, Sweden, Finland, Hong Kong
and the United Kingdom. For INTERSHOP product and events information check out website: http://www.intershop.co.uk About
beenz.com
beenz.com, creator of beenz, the web's currency(TM), is headquartered in New York with offices across North America, Europe and
the Asia Pacific region. beenz is a powerful e-currency designed to attract and maintain the attention of online consumers. beenz
technology partners are Oracle Corporation (Nasdaq: ORCL), Sun Microsystems (Nasdaq: SUNW) and Exodus (Nasdaq: EXDS).
The company's founder and chief technology officer is Charles Cohen. Philip Letts is the chairman and chief executive officer. For
more information, please visit http://www.beenz.com.
/CONTACT: Nick Heath of GTH Media, 0207-467-0607, nickh@gth.co.uk, for INTERSHOP; Mei Cheung of INTERSHOP,
0208-901-2734, mei@intershop.co.uk; David Vindel or Bill McIntyre of Band & Brown Communications, 0207-4197000, or
beenz@bbpr.com, for beenz.com/