Oracle NetSuite Corporate Communications
The agreement introduces NetLedger's accounting and business management applications to more than 200,000 FreeMerchant merchants via single sign-on technology
San Mateo, CA—March 14, 2001—NetLedger, Inc., the leader in Web-based solutions that enable small businesses to succeed in the new economy, today announced its accounting and business management applications will be offered on FreeMerchant.com, a division of Network Commerce Inc. (Nasdaq: NWKC) and an award-winning e-commerce technology and application service provider.
Under the terms of the agreement, FreeMerchant will offer a free 30-day trial of NetLedger to its more than 200,000 merchants. As a convenience for FreeMerchant members, NetLedger's unique single sign-on technology has been implemented as part of FreeMerchant's registration process. The merchants' account information will be automatically transferred to the NetLedger sign-up form when they opt in to the service. All new merchants who sign up within the next 6 months will get the same benefits. Additionally, NetLedger will be highlighted in FreeMerchant's newsletters as well as available through its site's administration tool section.
"Working with FreeMerchant helps NetLedger reach out to a massive customer base," said Jodi Maxson, vice president of business development for NetLedger, Inc. "FreeMerchant's initiative in adopting single sign-on for its registration process provides further evidence of our common goal of improving and enhancing efficiency and accuracy for our customers."
"We are very interested in helping our FreeMerchant members find resources that will help them enhance and grow their online businesses, and we believe NetLedger will be a very useful tool for many of our merchants," said Jennifer Rogers, senior vice president of Network Commerce. "As an online store builder, we are continually looking for ways to simplify our processes for our FreeMerchant.com members, and the single sign-on feature is a great example of how we can do that."
About Single Sign-on Technology
NetLedger's single sign-on technology enables users of independent, secure Web-based applications to move seamlessly between those applications without entering separate user names and passwords. Users can access NetLedger directly from the FreeMerchant Web site, be presented with a sign-up form populated using XML, or be logged directly in to their account in a single click. Further, by ensuring that users never have to enter their passwords for one application in another, the security of their passwords is maintained.
About Network Commerce Inc.
Established in 1994, Network Commerce Inc. (Nasdaq: NWKC) is the global technology infrastructure and services company. Network Commerce provides a comprehensive technology and services platform including domain registration services, hosting services, commerce services, business services, one-to-one marketing services, wireless technology, and online marketplaces. Network Commerce's technology and services platform operates on the infrastructure of four data centres, over 500 servers, and bandwidth of 50 megabits per second. Network Commerce is headquartered in Seattle.
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