Commerce Planet Set to Launch State-of-the-Art Iventa E-commerce Dashboard System Version 2.0
11/14/2007 4:00:00 PM
GOLETA, Calif., Nov 14, 2007--(BUSINESS WIRE)--Commerce Planet, Inc. (OTCBB:CPNE - News)
announced today that Iventa, its e-commerce platform and systems provider is set to launch Dashboard System™ Version 2.0. Tony Roth, Commerce Planet CEO, stated, “The acquisition of Iventa completes our fully integrated solutions platform for web marketing and e-commerce that drives internet businesses and creates a satisfied, loyal and profitable customer base. The current beta testing and rollout of the Dashboard System™ Version 2.0 represents an important milestone for the Company and is expected to be a key revenue driver in 2008.”
Iventa’s Dashboard System™ is sold to enterprise customers on a monthly licensing basis, with additional fees charged as a percentage of transaction volume and for various overage fees. The fully integrated platform application provides Iventa’s customers with a Service Oriented Architecture which powers both the back-office administration, or “dashboard” and the consumer-facing website with its rich e-commerce functionality. Billing occurs on a modular basis, and clients can chose pre-built templates or have Iventa’s professional services group create a fully custom integration into existing websites or back-end infrastructure.
This has proven a highly popular and flexible model, and has enabled Iventa to garner a wide variety of client opportunities ranging from small business to Fortune 500, across diverse industries which include music, sports, publishing, retail, research and pure-play membership sites. Iventa provides its e-commerce solutions to leading clients such as:
Dashboard 2.0: American Idol Tour, Sony BMG, Dominion Enterprises, and CMP Digital Downloads Dashboard “Lite”: Robby Gordon off-road, Ghetto Billy Clothing, Andrew Dice Clay and Linkin Park Street Team FanConnect: Grateful Dead, Metallica and Hilary Duff “We are very excited to be operating as a unit of Commerce Planet as we now have the infrastructure, resources, sales and marketing support to further capitalize on our proprietary intellectual property and unique system capabilities,” said Jamison Stafford, Iventa’s CEO and Chief Architect. “The systems, intellectual property and inventions we have created are very powerful and now we are on the proper platform to be able to fully realize the true value of our offerings. Our individual modules, including e-commerce, membership protection, subscriptions, digital download and email deployment are all part of how we solve business needs online.”
“As we further integrate our platforms and extend our business into the B2B and B2C space, Iventa’s proven proprietary technology will further grow our client relationships and business model,” stated Tony Roth, Chief Executive Officer of Iventa’s parent company, Commerce Planet. “Commerce Planet is fully committed to accelerating the Iventa Dashboard System™ go-to-market plan as a leading SaaS application.”
About Commerce Planet, Inc.
Commerce Planet, Inc. is an online media, marketing, and fully integrated e-commerce company that offers media products, lead generation services, list database management, e-commerce solutions, web marketing, and call center marketing and CRM tools to its client partners as well as through its own direct selling businesses. Commerce Planet offers turn-key solutions through its network of wholly owned subsidiaries, which includes Consumer Loyalty Group, LLC, Legacy Media, LLC, and Iventa, LLC. In combination these services address the needs of B2B and B2C driven client partners, To find out more about Commerce Planet (OTCBB:CPNE - News), visit our website at www.commerceplanet.com
Commerce Planet, Inc. Safe Harbor Statement
Except for the historical information contained herein, the matters set forth in this press release, including statements as to management's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements. Such statements typically include such words as “believes,” “anticipates,” “expects” and similar terms. These statements include, but are not limited to, the impact of Mr. Roth and Mr. Rovelo on the Company’s business and market position. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
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