Open Market Lines Up More Licensees
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Financial terms were not disclosed.
"Open Market's growth has been distinguished by a number of new customers this past quarter, and we've maintained our lead in the Internet commerce application marketplace," said Gary Eichhorn, president and CEO of Open Market. "Time and again, we've delivered proven packaged applications to the networked marketplace that gives our customers a competitive time-to-market advantage."
The Burlington, MA-based company provides application software products and professional services for companies doing business online. Products include Transact, a transaction processing, order management, and customer service solution.
Last week the firm announced net revenues of $16.5 million for the second quarter ended June 30, 1998, along with a net loss of $16.0 million or $0.49 per share.