Maagnum E-Commerce, Philips Speech Sign Pact
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Maagnum E-Commerce Services said it signed an outsourcing agreement with Philips Speech Processing, a business unit of Philips Consumer Electronics.
Under the terms of the agreement, Maagnum will provide integrated Internet order management, credit card processing, fraud control, electronic software distribution, fulfillment, back-office, and physical warehousing for the online sale of speech processing products.
Financial terms were not disclosed.
Connecticut-based Maagnum offers electronic commerce services including secure Internet order management, process management, storefront and catalog development, tax and shipping calculations, real-time payment processing, fraud control, electronic and physical goods warehousing and fulfillment, call center support, customer support, and Internet banking services.
"By combining two navigational controls like speech and the trackball mouse into one device, PC enthusiasts enjoy a new level of control and pure ergonomic comfort at the PC. It's like using the TV "clicker" for the first time," said Rick Gallahan, director of speech projects and sales support at Philips.