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NetGateway Buys Small Business E-Comm System

Electronic commerce provider NetGateway Inc. Tuesday acquired ShoppingPlanet.com's e-Operator system for an undisclosed amount.

e-Operator, a small business operating system, will be incorporated into StoresOnline.com, a storefront building site newly acquired by NetGateway. Its features include inventory management, purchasing management, order fulfillment, order status, sales commissions, Web-based order procurement and payment processing.

"Through the pending acquisition of our StoresOnline.com subsidiary NetGateway will enable hundreds of small businesses to conduct business through the Internet," said Keith Freadhoff, chief executive officer of NetGateway."

"e-Operator will be a terrific added-value proposition for small businesses providing them the opportunity to gain similar efficiencies in their day-to-day operations."