VANCOUVER, BRITISH COLUMBIA, June 18, 2001 -- Stepcast Interactive Ventures, Inc., a leading developer of Web services for the retail market, announced today that Mississauga-based Inline Internet Systems, Inc. will integrate Stepcast's universal wish list infrastructure into its iHTML Merchant e-commerce software solution for small- to medium-sized businesses.
"Stepcast's universal gift registry application allows us to rapidly and affordably deploy wish list functionality to our retail clients," says Russ Cobbe, President, Inline Internet Systems. "This not only provides our users with functionality that they want and need, but it provides our organization with an additional revenue stream that -- given our growth projections -- is potentially very lucrative."
Inline's iHTML Merchant e-commerce solution is a complete, flexible, and affordable Web based e-commerce solution, made especially for small- or mid-sized business owners. iHTML Merchant provides any retailer with the tools required to manage banner ads, control inventory, create catalogues, and calculate exchange, shipping, and tax rates as required to operate a Web storefront. Over 10,000 storeowners have already built sophisticated online stores with Inline's e-commerce solutions.
"We are extremely pleased to have Inline as our first eBSP Partner," says John Lyotier, President, Stepcast Interactive Ventures Inc. "This partnership will allow us to integrate with thousands of retailers at the very point of the store's conception. Consequently, we are a step closer to our goal of a truly universal gift registry, connecting all retailers under one centralized system."
Integration of Stepcast's universal wish list solution into Inline's iHTML Merchant e-commerce software solution is expected to be complete by early summer 2001.
Companies interested in learning more about Stepcast's eBSP partner program are encouraged to contact Stepcast's business development group at firstname.lastname@example.org.
*ABOUT INLINE INTERNET SYSTEMS**
Inline Internet Systems, Inc is a Mississauga Ontario-based company founded in 1995. Inline is best known for its innovative Internet software solutions including the iHTML Web application server and the iHTML Merchant e-commerce software. For more information, please visit www.inline.net or call 905-712-0818.
**ABOUT STEPCAST INTERACTIVE**
Founded in 1999, Vancouver-based Stepcast Interactive Ventures is a leading developer of retail Web services for use by small- to mid-size retailers and other community portal and content sites. These services, which integrate with Stepcast's open gift registry infrastructure, allow the retailer or partner to attract new customers, strengthen customer relationships, reduce shopping cart abandonment, and significantly increase revenue.
Stepcast operates a hosted, universal gift registry infrastructure on top of which any business, Web developer, or e-commerce aggregator can easily and affordably integrate wish list or gift registry functionality with an existing Web site. As a result, the average small- to mid-size enterprise (SME) can better compete with the top shopping destinations that already offer such a service without suffering from unmanageable administrative and development costs.
To learn more about Stepcast Interactive, including investment and business development opportunities, please visit www.stepcast.com today.
For more information, contact:
John Lyotier, President,
Stepcast Interactive Ventures Inc.
Toll Free: 1.877.STEP.234 (783.7234)
This release may contain certain forward-looking statements reflecting Stepcast Interactive Ventures Inc.'s current expectations in the retail Web services and e-commerce markets. Investors and potential investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation to, changes in market and competition, technological and competitive developments, and potential downturns in economic conditions generally. Additional information on these and other potential factors that could affect the success of Stepcast can be requested by sending an e-mail to email@example.com.
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