Cobalt Networks
Partners With PaymentNet™ Platform for
End-to-End ISP Electronic Commerce
Solution
Los
Angeles, CA . - April 13, 1999 -
PaymentNet™ (www.paymentnet.com), announced today
that Cobalt Networks has selected the PaymentNet
transaction processing platform for integration
with its RaQ2 servers for ISPs providing
e-commerce hosting services.
PaymentNet was selected as
part of a broader set of partnerships announced
today by Cobalt Networks that also include Miva
Corporation, providing e-commerce storefront and
development environments, and Thawte
Certification, providing Secure Sockets Layer
(SSL) and digital certificates.
"In looking for
partners to deliver an end-to-end commerce
solution, we focused on those that could provide
us with both scalability and ease of use,"
said Stephen DeWitt, president and CEO of Cobalt
Networks. "PaymentNet’s thin client
architecture delivered both attributes, making
it an ideal fit for our ISP hosting
solution."
Philippe Courtot,
PaymentNet Chairman and CEO, added,
"Cobalt’s server appliance solutions
for ISPs are helping to commerce-enable a key
channel for distribution of PaymentNet’s
transaction processing services. Our solutions
both emphasize open architecture, scalability
and security, allowing them to evolve with the
requirements of ISPs and their e-commerce
customers. We are pleased to be in league with
Cobalt and its other partners in this key market
segment."
Cobalt's RaQ 2 server
appliances are ideal for ISPs who wish to
provide affordable, high-density, dedicated
server solutions for their customers. Based on
the popular Linux operating system, the RaQ 2
provides developers with a simple way to package
and deliver powerful solutions to real-world
customer problems. Working with Cobalt, Miva,
PaymentNet and Thawte have integrated their
software to create a powerful e-commerce
solution without exposing either the user or the
ISP to the complexities and cost of installing
and administering traditional e-commerce
servers.
About Cobalt Networks,
Inc.
Cobalt Networks, Inc. is a
leading developer of server appliances which
extend the reach of the Internet by setting new
standards for value, integration, and ease of
use. Cobalt's award winning product
lines–the Cobalt Qube, Cobalt Cache,
Cobalt RaQ, and Cobalt NASRaQ –are widely
used as Internet and Web hosting server
appliances at businesses, educational
institutions and Internet Service Providers
(ISPs). Cobalt's solutions are delivered through
a global network of distributors, value-added
resellers and ISPs. Founded in 1996, Cobalt
Networks, Inc. (http://www.cobaltnet.com) is
located in Mountain View, California–the
heart of Silicon Valley – with
international offices in Germany, Japan, the
United Kingdom, and the Netherlands.
About
PaymentNet
PaymentNet is a leading
e-commerce transaction processing service. The
service provides secure, Internet-based
transaction and payment processing for a broad
range of businesses that sell goods and services
through a variety of e-commerce media. It offers
industry-leading automation and customer care
with its high-reliability credit card, debit
card, and electronic check processing
services.
The PaymentNet service is
based on a scalable, secure TCP/IP architecture
that automates the processing of multiple
payment instruments. It leverages the Internet
as a virtual private network between
PaymentNet’s proprietary transaction
processing server and individual clients
dispersed on Internet and Intranet locations.
The service is pre-integrated with many leading
"shopping carts" and integrates easily
with e-commerce front-ends of many
types.
The service has been
deployed across a wide range of businesses with
excellent results. Notable customers include CBS
SportsLine, EC Direct, Network Solutions, Inc.,
Value America, and Virtual Vineyards.
PaymentNet is headquartered
in Pleasanton, California, and can be found on
the Web at www.paymentnet.com.
Contact PaymentNet corporate offices at
925/225-1670.
###
PaymentNet is a trademark
of PaymentNet, Inc. All other trademarks are
property of their respective owners.
PaymentNet Contact:
Scott
Collison
PaymentNet, Inc.
(925)
598-1106
scollison@paymentnet.com |
