NEW YORK -- June 6, 2005 -- Venda, Inc., a leading global provider of on-demand eCommerce, today announced the availability of its services to the North American marketplace. With well-established, global customers that include Xerox Corp. and Virgin Megastores, Venda is poised for success in North America. The company's solution provides businesses with B2B and B2C eCommerce capabilities in a single, economical, on-demand platform. Through its multi-lingual and multi-currency capabilities, Venda enables retailers, branded manufacturers and franchise networks of all sizes to leverage the online selling channel worldwide.
Venda's solutions can be implemented in a matter of weeks and are available at a low, fixed monthly fee that includes: design, construction, integration, support, hosting, bandwidth, payment gateways, search and personalization engine and all the eCommerce features necessary for a world-class site. Venda helps clients reduce the risk, complexity and cost associated with eCommerce, while empowering business users and delivering unprecedented and proven return on investment.
Clients rely on Venda to boost revenue through increased sales conversions and larger basket sizes. The company currently operates more than 100 online commerce sites for global clients across many industries. Working together, Xerox launched a multi-national reseller network commerce solution in a matter of weeks and at a fraction of the cost of a previous system.
"Venda delivered a perfect solution for our reseller network. They manage an unbelievably cost effective platform providing consistently branded but personalized eCommerce sites to our resellers in multiple languages and currencies. With integration into our SAP back-end trading system and marketing database, we are providing resellers and consumers with low maintenance, easy-to-use sites. It works so well we just keep adding more sites and are expanding the solution into four more countries this summer," said Steve Emecz, e-Business manager, Xerox Document Supplies Europe.
Also among Venda's clients are some of the world's leading retailers and manufacturers including: Panasonic, Universal Group, Tommy Hilfiger, Ted Baker, British Telecom and the BBC.
"Venda is changing the way global eCommerce sites are built, run and paid for," said Jeffrey Max, CEO of Venda, Inc. "eCommerce sites need to be built and deployed quickly, with full customization and unrestricted flexibility. They need to be run on a massively scalable technology platform by professionals in secure global facilities. And they need to be simply and inexpensively priced. Venda is designed to do just that and we are finding that the North American eCommerce market is ready for this change."
According to leading analyst firm, Nucleus Research, "low initial and ongoing costs, coupled with greater functionality and flexibility than most competing solutions available on the market today, give Venda a strong position to drive a shift in the North American e-commerce marketplace."
Additionally, in a recent report entitled Three New B2C eCommerce Options, Forrester Research, Inc, April 2005 called Venda "The most interesting new offering because it offers a purely hosted eCommerce solution with customization potential at a highly attractive monthly price...Venda has clients, proof points, and attractive pricing. Companies should put Venda on their short list."
About Venda, Inc.
Venda delivers on-demand eCommerce to some of the world's leading retailers and manufacturers, including Virgin Megastore, Panasonic, Universal Group, Tommy Hilfiger, Ted Baker and Xerox. The Company's full-feature, full-service eCommerce solution combines flexibility, reliability and scalability with the operating advantages of an outsourced service. Multi-lingual and multi-currency capable, Venda's B2B, B2C and B2E solutions provide "best of the web" capabilities to mid-tier and Fortune 1000 companies. Venda allows customers to reduce the risk, complexity and cost associated with eCommerce, while empowering business users and delivering unprecedented ROI. With offices in New York, London and Bangkok, the Company is managed by a team of eCommerce veterans with more than 20 years of experience in online businesses.
