Elastic Path Software Inc.

Elastic Path Software Inc.

October 02, 2012 09:00 ET

Elastic Path Announces Release of Version 6.5: One-stop Ecommerce Solution with Advanced Subscription Services and the World's First Intelligent API for Digital Commerce

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 2, 2012) - Elastic Path welcomes the next level of ecommerce capabilities with its release of version 6.5 of the Digital Commerce Engine™ software. This latest version includes fully integrated subscription and billing management, advanced bundling, and dynamic pricing, making this the one-stop ecommerce software of choice for companies looking to build compelling consumer experiences, monetize digital goods, and profit from new business models.

Consumers have rapidly evolving expectations for digital content as new consumption points and business models emerge. In order to prosper in this brave new commerce world, companies need to transform their products in response to these market forces and effectively build and monetize ongoing customer relationships.

Elastic Path has embarked on a future-forward strategy with its Digital Commerce Engine and Digital Commerce API™ commerce products to help clients maximize revenue and foster rapid business innovation by bringing advanced selling into every customer experience: web stores, mobile apps, social networks, games, cloud services, marketing campaigns, and many others.

Version 6.5 of the Digital Commerce Engine commerce platform is high-performance, capable of handling 20 million individual products and thousands of concurrent users in a single installation. The patent-pending Digital Commerce API technology uses Level 3 REST standards to provide a secure, intelligent layer that allows you to easily build client applications, web sites, and digital campaigns which reduces implementation time, enhances security, and improves performance.

"Using Elastic Path you can define and execute against any vision of commerce whether it involves physical or virtual goods, with any type of pricing, offers or subscriptions that enable purchasing of these products on truly any platform or any device, in a myriad of ways only limited by your imagination." - APIEvangelist.com

Elastic Path understands the value of recurring revenue and offers fully integrated, cloud-based subscription services, including offer management, order capture, service delivery, usage tracking, billing, and reporting. Combined with advanced bundling, differential pricing, personalization, and enhanced product information management for virtual goods, V6.5 offers the tools to build loyalty and retention, and foster innovative ways for consumers to discover and engage with brands.

About Elastic Path Software Inc.

Elastic Path allows you to drive revenue with the only ecommerce solution to offer subscription management, an intelligent Digital Commerce API, and a high performance Digital Commerce Engine. Major brands such as Google, Time Inc., and Virgin Media rely on Elastic Path to build compelling consumer experiences and maximize digital revenue. Elastic Path, everything you need, in one unified solution.

Web: www.elasticpath.com

Blog: www.getelastic.com

Twitter: www.twitter.com/elasticpath

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