Verio, iMALL, First Data Team Up

Domain hosting company Verio Inc., e-commerce solution provider iMALL and First Data Merchant Services Corp. have
established a partnership to offer complete e-commerce services to businesses.

Plans for “The VerioStore” include integrated e-commerce applications,
bundled with Web site hosting and domain registration services combined with
Web traffic generation via iMALL’s Stuff.com shopping portal. Financial
arrangements among the companies were not disclosed.

“This partnership with iMall and First Data represents another significant
milestone in Verio’s mission of enabling companies to do businesses on the
Net,” said Justin L. Jaschke, Verio’s chief executive officer.

The VerioStore product will be based on the e-commerce solution jointly
developed by iMALL and payment solutions provider First Data.

VerioStore will include online product catalogs, a search engine, cash
register, shopping cart, shipping and sales tax calculations, online merchant
account establishment, and a fully-integrated payment gateway. Verio’s
Web-hosting and domain name registration services are built in.

Once online, VerioStore customers’ merchandise will be featured on the
Stuff.com
shopping portal.

“The iMALL/First Data solution is an excellent complement to our existing
suite of electronic commerce plans for businesses,” said Buddy Cunningham,
vice president of sales and marketing for Verio. “By consolidating many of
the individual components of e-commerce into one package–including the
unique feature of consumer Web traffic generation–our VerioStore will
appeal to a broad range of business customers.”

Under the agreement, Verio will offer the iMall/FDMS solution as Verio’s
preferred e-commerce service through verio.com, selected other Web sites, and
its direct marketing sales forces. Verio will also market the solution to its
existing base of more than 200,000 hosted Web sites. iMALL will offer Verio’s
Web hosting services as its preferred hosting solution and will also provide
unlimited product listings
for all Verio merchants through Stuff.com.

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