SOURCE: Elastic Path Software, Inc.

June 29, 2005 10:25 ET

Elastic Path Update Enables Customers to Sell Internationally Efficiently

Updated Elastic Path Ecommerce Software Directly Targeted at Companies Looking to Escape the Cost and Complexity of Enterprise Infrastructure Vendors IBM, Microsoft, and Oracle.

VANCOUVER, BC -- (MARKET WIRE) -- June 29, 2005 -- Elastic Path Software today announced Elastic Path 4, a major update of its Java-based ecommerce software, enabling customers to sell their products within international markets at a fraction of the cost and complexity of traditional enterprise ecommerce platforms.

Elastic Path Software pioneered the Flexibility First approach to ecommerce architecture, the use of open source components, and giving away complete source code while maintaining the lowest Total Cost of Ownership available.

Improvements found in version 4 include full multi-language support, multi-currency support, high speed data caching, contract pricing, pluggable best-breed components such as alternative pricing engines, shipping calculators, tax management, and further enhancements to the powerful Attribute Management System.

Elastic Path has a history of making developers heroes. Elastic Path 4 enables even more revenue generating commerce functionality while enabling faster customization, improved integration points, and 5x the performance for the same price as previous versions.

"Companies are finally looking to tie their ecommerce channel into core business systems such as ERP and CRM. They are tired of operating in a silo and want to become more efficient at executing within this channel," stated Harry Chemko, CEO of Elastic Path Software. "Elastic Path 4 is going to give our customers an escape from the slow customization and complex integration to which they are accustomed, while delivering additional revenue building functionality such as internationalization."

There are many instances of companies moving to Elastic Path off of ecommerce platforms from the big vendors such as IBM, Microsoft, and Oracle because they could not evolve due to price, complexity, or inflexible technology roadblocks.

Elastic Path has enabled a highly visible non-profit organization to completely replace their Oracle based ecommerce infrastructure for just 10% of their original investment, while maintaining the same functionality and significantly improving the speed of future enhancements.

"Elastic Path warrants serious consideration when evaluating your ecommerce needs and the future evolution of your online sales channel," said Colin Dockry, Director IT, DKS Systems. "Elastic Path 4 will give us the ability to say 'No' to overly complex and prohibitively expensive enterprise ecommerce vendors, but still allow us to leverage the enterprise databases and application servers our customers already own. Imagine how our clients will feel when they hear we can grow their revenues at the same time costs are reduced. That is unique."

Available immediately, the price of Elastic Path 4 remains at $12,995 USD. Elastic Path is built on open standards using Java technology, utilizes a service-oriented architecture, and continues to support more operating systems, databases, and application servers than any other ecommerce platform available.

About Elastic Path Software

Elastic Path Software is the pioneer of flexible, developer friendly, Java ecommerce software architecture for building sophisticated and evolving online stores. In a world full of complex software, the lightweight ecommerce framework is refreshingly simple, provides unlimited flexibility and minimizes total cost of ownership. Companies such as Xerox, Sunoco, Procter & Gamble, 24 Hour Fitness, JBoss, and Random House use Elastic Path for the core ecommerce features they demand today and the maximum flexibility they need for tomorrow.

Elastic Path Software is headquartered in Vancouver, British Columbia, Canada. For more information please call 1-800-942-5282 or visit www.elasticpath.com.

Contact Information

  • Contact:
    Jason Billingsley
    VP, Marketing
    Phone: (800) 942-5282 ext 226
    Fax: (604) 408-8079
    Email Contact

    Elastic Path Software
    305-1505 West 2nd Ave
    Vancouver, BC, Canada
    V6H 3Y4
    www.elasticpath.com