Open Market Announces Agreement With Ford Motor Company
Open Market Announces Agreement With Ford Motor Company
BURLINGTON, Mass., Aug. 15 Open Market, Inc. , today announced that Ford Motor Company has chosen its Content Server(TM) Enterprise Edition (CSEE) as a standard for Ford's business-to-consumer websites. Ford chose Open Market for its ability to handle large volumes of Web content and visitor traffic, to simplify website management and to easily integrate with other applications. About Ford Motor Company Ford Motor Company is the world's second largest automaker, with approximately 335,000 employees in 200 markets on six continents. Its automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Credit, Quality Care and Hertz. With world headquarters in Dearborn, Michigan, Ford Motor Company had 2000 calendar year revenues of $170 billion. Additional information can be found on the company's web site at http://www.ford.com. About Open Market Open Market, Inc. makes content-driven e-business solutions that enable enterprises to better manage interactions with their site visitors, customers, employees, and channels. Open Market's roster of global customers includes publishers and media companies like The McGraw-Hill Companies, The Washington Post, and The New York Times Company; financial services companies like J.P. Morgan Chase, GE Capital and The Hartford Financial Services Group; and manufacturers like 3Com, BASF and Milacron. The company, headquartered in Burlington, Mass., has customers in 43 countries. Open Market's international head office is in the U.K. with additional offices in Australia, Canada, France, Germany, Italy, Japan, The Netherlands and Singapore. Open Market can be reached by calling 1-800-OPEN-MKT (toll-free) or 1-781-359-3000 in the U.S. or +44-1753-838-000 in the U.K. or by visiting http://www.openmarket.com. NOTE: The statements contained in this release regarding our products and customers and all other statements that are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are based upon information available to us as of the date hereof, and we disclaim any intention or obligation to update any such forward-looking statements. Actual results could differ materially from the current expectations. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth under the heading "Certain Factors That May Affect Future Results" in the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2001 filed with the Securities and Exchange Commission. These include risks and uncertainties relating to: our ability to provide maintenance and support to our customers and improvements and updates for our products, our history of operating losses, our ability to raise additional funds required to finance the Corporation's operations as losses continue, execution on our revised strategic plan, our ability to effectively restructure our operations, market acceptance of new product releases, continued development and growth of the content management product market, dependence on third party technology, difficulty in predicting quarterly results, lengthy sales cycles for our products, development and maintenance of relationships with our service partners, competitive pressures, rapid technological change, attracting and retaining key employees, risks associated with international operations, dependence on intellectual property rights, possible changes in government regulations, dependence on the continued development and maintenance of the Internet, security issues, litigation and the costs thereof. Open Market, Catalog Centre, Content Centre, Content Server, Integration Centre, Marketing Studio, Personalization Centre, Satellite Server, Transact, and FutureTense are trademarks or registered trademarks of Open Market, Inc. in the United States and other countries. Contacts: Kathleen Piercey Stefanie Guzikowski Open Market, Inc. Beaupre & Co. Public Relations, Inc. (781) 359-7915 (603) 559-5836 kpiercey@openmarket.com sguzikowski@beaupre.com Investor contact: Annmarie Russell Open Market, Inc. (781) 359-7589 arussell@openmarket.com
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