Press Release
OLIVE SOFTWARE, CLICKSHARE, AND ZUSTEK TEAM UP TO
OFFER THE MOST COMPREHENSIVE E-FULFILLMENT AND CONTENT TECHNOLOGY SOLUTION TO THE PUBLISHING MARKET.
DENVER, Colorado, April 1, 2006 - Olive Software Inc., Clickshare Service Corp., and Zustek Corporation are proud to announce a cooperative partnership which combines the best content delivery, subscription management and e-commerce technologies, allowing publishers to take advantage of an affordable, easy to use end-to-end solution.
Olive Software, whose core competency as the digital online content provider includes electronic editions, e-tearsheets, archives and digitization services, has long been looking for the right partners to complement the company's current offerings and Clickshare and Zustek are the perfect fit.
Zustek, a recognized leader in the e-mail marketing services industry, offers its clients customizable, easy to use interfaces, specifically catered to meet their business needs. Furthermore, the company is the expert in the field of statistical analysis, providing publishers with a comprehensive reporting system, capable of tracking email deliverability and of gauging readers' interest in editorial and advertising content. David Makharadze, SVP Strategic Development, is excited about the new partnership. "By combining our solutions, the companies are able to offer a comprehensive solution, making this strategic alliance of great benefit to the publishers and other content aggregators."
Clickshare provides website access control and infrastructure for digital content sales for publishers with business needs. Its product also allows clients to separate their on-line registration and billing activities from their website content delivery.
Rick Lerner, President Clickshare, also sees a bright future for the newly forged partnership: "The integration between technology solutions has long been successfully tested, however, the joint offering is a new and exciting opportunity for newspapers to quickly monetize on their digital content." Clickshare would enable Olive customers to provide online registration, subscription and payment (credit card and checks) processing, recurring billing, authentication, and purchasing of individual items, memberships and website access.
Kim Dail, VP of Marketing Olive Software, commented on the announcement: "We are delighted to provide current and new customers with a fully integrated solution that coupled with Olive's products enables publishers to quickly realize profits with a market-ready offering. We believe that the partnership with Clickshare and Zustek will benefit newspaper publishers across the United States."
All three companies are looking forward to a long and prosperous relationship.
About Clickshare:
Clickshare Service Corp. is a venture- and private-investor backed operating company based in Williamstown, Mass. Its proprietary transaction platform for digital content marketing and privacy-protected customer management has been developed over seven years.
Seasoned publishing executives formed Clickshare in 1995 to address the emerging need of publishers and media companies to become digital infomediaries for their readers and customers. The company offers software and a service that enables web sites with digital content and web sites with user relationships to painlessly monetize each other's assets.
Clickshare's investors, directors and advisors have logged years of experience at the top of enterprise software, publishing and financial-service and technology firms -- a deep reservoir of experience and relationships. Among investors are: David Duffield, PeopleSoft Inc. chairman, founder and former CEO; Peggy Taylor, former COO of PeopleSoft Inc.; Sam S. McKeel, retired publisher of The Philadelphia Inquirer and The Chicago Sun-Times; Thomas J. Rehwaldt, co-founder of the Chicago Reader and Washington CityPaper; Michael Dowling, former treasurer, Harris Corp; and H. Bruce McEver, founder and president of New York-based investment bankers Berkshire Capital Corp.
For additional information about Clickshare, please review our website at: http://www.clickshare.com/aboutus
About Zustek Corporation:
Founded in 2001, Zustek Corporation is an email marketing services provider, delivering full-service, ASP, and licensed software solutions for email marketing. Zustek's premier outbound email product, eBizmailerT 4.0, enables marketers the ability to dynamically generate personalized email marketing messages that drive response and build 1:1 relationships. The company has grown aggressively to become one of the top email service providers in the industry. Zustek's corporate offices are located just south of Los Angeles in Garden Grove, California. In addition, the company has offices in San Francisco, Chicago, New York, Dallas, and Hyderabad, India with over 120 employees worldwide. The company is privately held and, more importantly, has been profitable since 2002. For more about Zustek Corporation, please visit the company's website at www.zustek.com.
About Olive Software:
Olive is a world leader in XML automation technologies, bridging the gap between the paper past and digital future. Olive's technology transforms any document that was ever created from any source, while preserving every aspect of a document in an intelligent and open digital format. With Olive's technology, corporate organizations, for the first time, can communicate the right information, maintain security, deliver on demand and ensure ease of use and accessibility all proven possible with Olive's single XML based infrastructure.
Olive is a privately held company based in Santa Clara, California, with sales offices in Denver and New York and R&D facilities in Israel. For more information about Olive Software, please visit the company's website at Olive Software www.olivesoftware.com