Internet Commerce Corporation Expands International Capabilities through Partnership with Mosaic Software AG
Norcross, Georgia - June 14, 2005 - Internet Commerce Corporation (ICC), (ICCA, NASDAQ) today announced that it has entered into a joint marketing agreement with Mosaic Software AG of Bonn, Germany. Under the agreement the companies will connect their electronic commerce networks, thereby enhancing the international trading capabilities of their customers. Additionally, ICC will be marketing Mosaic software products in the United States. These products are technologically sophisticated data translation and integration tools, which allow customers to communicate their electronic files in all of the required standards and formats needed for international trade and ERP systems integration.
ICC services over 3,500 customers through its many connectivity solutions, including ICC.NET™ network service. Mosaic services over 3,500 customers in Europe through EDI-TradePortal, the largest consumer goods trading network in Germany. Seamlessly connecting these large blocks of potential trading partners offers many benefits to ICC, Mosaic and their customers.
The executives of both companies believe the connection of their networks and synergies among their solutions and services will provide their respective clients with a solution to enhance and expand their global presence and afford them the power and opportunities of trading globally.
"This agreement gives us another compelling way to serve our customers," said Michael Cassidy, ICC's president. "Expanding our presence in Europe and extending our support of technologies unique to Europe will be powerful with today's thrust toward globalization. We welcome the opportunity to facilitate transactions in the European market and embrace Mosaic as a natural fit for our strategic initiative to expand through partnerships."
Cassidy added that ICC is already engaged in new business opportunities from its customers who will use Mosaic to support the expansion of their trading communities in Europe.
Fosi Audi, chief operating officer, Mosaic Software AG, stated, "Mosaic's network connects over seventy large retailers in Germany to over 3500 European based suppliers. Offering our EDI-TradePortal and in connection ICC's network services will significantly enhance the trading reach for our customers by including those of ICC and the over forty thousand trading partners which ICC reaches through its inter-connections with the major VANs in the Americas. By Mosaic actively representing ICC in Europe, ICC will benefit from our deep local market presence and knowledge while our customers will now be able to establish cross border trading relationships through a single point of contact."
About Mosaic Software
Mosaic Software AG (Prime Standard, ISIN:DE0007100208) is a one of the leading software manufacturers and EDI application service providers for multilateral electronic exchange of business data and documents in e-business. Irrespective of their industry, with Mosaic solutions and services companies, organizations and manufacturers of all sizes can be incorporated completely into the electronic processing of business transactions along with their existing IT systems. Mosaic offers business process EDI and extends conventional EDI by mapping the contents of multilateral business connections (partner-specific validation).
Companies from various different industry segments use Mosaic solutions, with the consumer goods industry at the forefront. Mosaic is the operator of EDI-TradePortal, the central data nerve center for commerce and industry. EDI-TradePortal has established itself as the largest e-community in Germany and as a standard in business communication.
The portfolio comprises business integration solutions, industry specific EANCOM- and GS1-compliant applications and cross-industry clearing processes and a special solution for processing mass domestic payment transactions for transaction banks.
Mosaic Software AG
Communication: Elke Heller,
Am Pannacker 3
53340 Meckenheim
Fon: +49 (0) 22 25 882-111
Fax: +49 (0) 22 25 882-485
ir@mosaic-ag.com
About Internet Commerce Corporation (ICC)
Internet Commerce Corporation (NasdaqCM: ICCA), headquartered in Norcross,
Georgia, is a leader in providing business-to-business e-commerce solutions. Thousands of customers
rely on ICC's comprehensive line of solutions, in-depth expertise, and unmatched
customer service to help balance cost, fit, and function required to meet
unique requirements for trading partner compliance, coordination, and collaboration.
With its software solutions, network services, hosted web applications,
managed services, and consulting services, ICC is the trusted provider
of e-commerce solutions for businesses, regardless of size and level of technical
sophistication, to connect them with their trading communities. For
more information, visit www.icc.net.
Except for the historical information contained herein, this press release includes forward looking statements which are subject to a number of risks and uncertainties, including the risks and uncertainties associated with rapidly changing technologies such as the Internet, the risks of technology development and the risks of competition. Actual results could differ materially. For more information about these risks and uncertainties, see the SEC filings of Internet Commerce Corporation.