NETLEDGER AND STAMPS.COM TEAM UP TO PROVIDE ONE-STOP ONLINE ACCOUNTING AND INTERNET MAILING, SHIPPING SOLUTION
SAN MATEO, Calif.—March 30, 2000—NetLedger, Inc.,
the gateway to e-commerce and world's first provider
of a Web-based accounting solution for millions of small
businesses, announced today it has entered into a strategic
partnership with Stamps.com (Nasdaq: STMP), the
leading provider of Internet mailing and shipping services.
As a result of today's announcement, customers of NetLedger
and Stamps.com have easy access to a complete suite
of online accounting and Internet Postage and
shipping services jointly provided by the two companies.
Effective immediately, both NetLedger and Stamps.com
will co-market and cross-promote each other's services
to their current and future customers, thereby aggressively
extending their market reach. Under the terms of the
agreement, NetLedger's customers will have access to
Stamps.com's postage and shipping services via a link
on NetLedger's Web site. This will allow them to purchase
and print postage right from the desktop. Similarly,
Stamps.com's more than 150,000 customers can sign up
via a link at Stamps.com for NetLedger's full-featured,
multi-user accounting solution, NetLedger Plus.
NetLedger is built on the robust, reliable and secure
Oracle 8i database, bringing Fortune 500 power and functionality
to small businesses.
"By collaborating with an industry innovator whose
vision and product match our own, NetLedger will provide
small businesses the powerful, time-efficient new tools
they require to compete in the current and future e-commerce
environment," said Bill Mirbach, president and
CEO of NetLedger, Inc.
"Stamps.com's partnership with NetLedger makes
sense on many levels," said Robert Pickell, Vice
President of Marketing, Stamps.com. "Together we
can provide small businesses and organizations the Web-based
solutions that address their need for cost-effective,
easy-to-use business services that are accessible right
from the desktop."
"NetLedger is pursuing alliances with breakthrough,
Internet-centric partners whose services and solutions
are complementary to our offerings," said Jodi
Maxson, vice president, Business Development of NetLedger,
Inc. "Our alliance with Stamps.com provides further
evidence that NetLedger is at the forefront of small
business ASP integration."
In addition to Stamps.com, NetLedger has recently announced
partnerships to deliver integrated solutions with Automatic
Data Processing (ADP), the world's leading payroll provider,
and One.Core.com, for premier financial services like
online banking and 401(k) management. These alliances
are all critical elements of NetLedger's strategic vision
to become the online solution for small businesses.For
more information about NetSuite please
Visit our Web site at www.netsuite.com.
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