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ESCALATE LAUNCHES
BREAKTHROUGH IN E-COMMERCE
First E-commerce
Service Provider (ESP) Announces Marquee Customers Including Egreetings
Network and Quokka Sports
REDWOOD SHORES, Calif.—
December 6, 1999 —Escalate, Inc., the first E-commerce Service
Provider (ESP), launched at an exclusive dinner with James Barksdale,
Mitch Kapor and 40 top tier press and analysts late last week.
The company announced the availability of the Escalate Commerce
Network, a universal e-commerce network that provides an end-to-end
e-commerce management solution for companies that are looking
to add e-commerce to their businesses—including high traffic Internet
sites, retailers, cataloguers, and sites with existing e-commerce
capabilities.
"The days of building e-commerce
from scratch are over," said Thomas P. Berquist, vice president,
investment research at Goldman, Sachs & Co. "Time to
market and brand building are more important than running e-commerce
in-house. We believe Escalate is strongly positioned to enable
organizations to outsource high-quality, high-traffic e-commerce
operations."
By subscribing to the Escalate Commerce
Network, Egreetings Network, Quokka Sports, and Turoturo.com were
able to launch sophisticated and robust e-commerce offerings in
a few weeks, significantly faster than if they had built these
capabilities in-house. Supported by a scalable and redundant hardware
and software infrastructure hosted at Escalate's data centers,
the Escalate Commerce Network is designed to support millions
of transactions generated from thousands of businesses. It is
a single integrated solution with unique features such as a patent-pending
contextual selling engine and an interactive point of sale system.
The Escalate Commerce Network enables
businesses to retain control of their brand and customer experience,
while outsourcing the technology. "A reliable e-commerce
solution is critical to helping us deliver the most complete,
immersive experience possible to our audience. Escalate took us
across the finish line in a matter of weeks, with far less pain
and investment than an in-house effort. It's our store—Escalate
stocks it and powers it invisibly," said Jay Thomas, vice
president of e-commerce at Quokka Sports.
"Buying software and building e-commerce
applications will become a minority practice within three years;
the majority of the e-business transactions and processes will
be handled by ESPs," stated Keng Lim, president and chief executive
officer of Escalate. "Escalate has the first-mover advantage in
the ESP market."
"There is a clear need for the
Escalate Commerce Network," said James Barksdale, managing
partner of The Barksdale Group. "ESPs will radically increase
the accessibility and economics of e-commerce. Escalate is the
leader in this new category."
About Escalate
Escalate, Inc. will significantly
change the way all e-businesses establish and innovate their ongoing
e-commerce operations. As the first e-commerce service provider
(ESP), Escalate radically changes the speed, accessibility, and
economies of delivering high-impact e-commerce. Through its flagship
e-commerce network, the Escalate Commerce Network, Escalate provides
an end-to-end e-commerce management system with a vast product
catalog, an integrated supplier network, and a high-quality service
provider network all in a single integrated solution. By subscribing
to the Escalate Commerce Network, companies that are looking to
add e-commerce to their businesses—including high traffic Internet
sites, retailers, cataloguers, and sites with existing e-commerce
capabilities—will be able to deploy high-impact e-commerce faster
and with less investment than was previously possible.
Representative Escalate customers
include such high profile e-businesses as Egreetings and Quokka
Sports. A privately held company with over 100 employees, Escalate
has raised more than $30 million in working capital from leading
venture capital firms including Accel Partners, Norwest Venture
Partners, and the Barksdale Group. Headquartered in Redwood Shores,
California, Escalate serves Europe and Asia via offices in Paris
and Tokyo. For more information visit Escalate's website at http://www.escalate.com.
###
Escalate™ and Escalate to
Market™ are trademarks of Escalate, Inc. Other names may
be trademarks of their respective owners.
For more information, please
contact:
Sarah Kornfeld
Senior Manager Corporate Communications
Escalate, Inc.
Direct: 650-769-3408
Main: 650-769-3000
sarah.kornfeld@escalate.com
Lance Mercereau
Burson-Marsteller
415.591.4000
lance_mercereau@sfo.bm.com
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