Business Services Industry
Wenger North America Signs Licensing Agreement to Display Products in 3-D With O2 Essential Marketing Technologies
Business Wire, Nov 10, 2000
Business Editors
MARINA DEL REY, Calif.--(BUSINESS WIRE)--Nov. 10, 2000
O2 Essential Marketing Technologies(TM)(AMEX:THD)(hereafter "O2") today announced that it has signed a licensing agreement with Wenger North America to create and distribute enhanced three-dimensional images of their products.
Under terms of the licensing agreement, O2 will use its proprietary 3-D digital photography and programming to produce fluid, full-range rotational views for Wenger Swiss Army Knives and Swiss Watches.
The 3-D images will be marketed to e-tailers as part of an alliance with Yahoo! signed in July 2000, which enables O2 to approach all of Yahoo! Shopping's authorized distributors and resellers to license O2's 3-D technology to display their products. With this agreement, O2 can leverage relationships developed with Yahoo! Shopping merchants providing an immediate sales channel and a potentially huge installed customer base. The images will be available to the manufacturers' authorized distributors and resellers and for purchase on O2's 3dimagestore.com.
Commenting on the announcement, Terry Gourley, Chairman & CEO of O2, stated, "This agreement with Wenger North America is a further validation of our business model. We are seeing more and more top-tier clients becoming aware of the marketing and distribution power of our proprietary digital technology. Our 3-D rotational images offer clients the opportunity to provide a visually enhanced product experience on-line and are proven to significantly impact customer response. As the positive reaction to our unique services continues to gain momentum, we are confident that an already robust pipeline of business will continue this impressive rate of expansion going forward. We remain on target to achieve our strategic goal of an inventory in excess of 15,000 images by end of Year 2001."
In addition to Wenger, O2 has previously announced 8 major licensing agreements resulting from the Yahoo! relationship:
1. Columbia Sportswear Company
2. Casio Communications Inc.
3. Marmot Mountain LTD
4. Wild Planet Toys
5. Cleveland Golf
6. Chase-Durer Watches
7. Skechers Shoes
8. First Team Sports
O2 will use its proprietary 3-D digital photography and programming to produce fluid, full-range rotational views for each company's products.
About Wenger
Wenger, the maker of the genuine Swiss Army Knife, has always been on the cutting edge of innovation, developing precision-crafted, custom Swiss Army Knives dedicated to golf, fishing, mountain biking, in-line skating, snowboarding and skiing. Wenger also produces Swiss made watches with prices from $125.00 to $4500.00.
About O2 Essential Marketing Technologies
3Dshopping.com d/b/a O2 Essential Marketing Technologies is a marketing and distribution company that scales through technology. The O2 Family of Brands is a comprehensive suite of Web-based marketing products, services and strategies delivering interactive media enhancements, revenue generating and cost cutting tools to businesses or consumers at high speed and with maximum clarity. O2 is achieving this through continued expansion and development of its core 3-D technology with full rotation and zoom capabilities as well as through the acquisition of complementary businesses and technologies.
Safe Harbor Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
(c)1999 3DShopping.Com, 3DShopping.com, and O2 Essential Marketing Technologies logos are the trademarks of 3DShopping. All other trademarks are the property of their respective owners. All rights reserved.
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