November 6, 2007; 08:39 AM OREM, Utah--(BUSINESS WIRE)--Nov. 6, 2007--iMergent, Inc.
(AMEX:IIG), a leading provider of eCommerce software for small
businesses and entrepreneurs, unveiled StoresOnline(TM) Express, the
company's newest offering that provides a scalable, simplified, single
website solution. "We believe the launch of StoresOnline Express will enable us to
expand the number of customers we serve and our scope," said Brandon
Lewis, president of iMergent. "By leveraging our technology and
scalable eCommerce infrastructure we expect to be able to deliver our
solutions to a larger segment of the market, which we have not
addressed in the past. StoresOnline Express also enables us to
consider new distribution channels, including online direct sales and
other opportunities. We anticipate a broader, larger product launch in
the near future." Product Specifications: -- Features award-wining 24/7 chat support "Entrepreneurs and small businesses have used eCommerce to become
a key part of the economy worldwide," Lewis added. "The Small Business
Administration reports there are nearly 27 million small businesses in
the United States and millions more worldwide. Recent polling suggests
nearly 90 percent of small businesses in the United States either had
no website or had a website with no e-commerce functionality. Our goal
is to expand our reach into the huge entrepreneur and small business
marketplace." "We saw an opportunity to provide an excellent solution to a
segment of the eCommerce market," said Donald Danks, CEO of iMergent.
"We believe by introducing StoresOnline Express, a scalable version of
our cutting-edge, best of breed technology, we have the potential to
expand our business." "StoresOnline Express provides online entrepreneurs flexibility
and control over their approach to eCommerce," said David Rosenvall,
CTO of iMergent. "We designed StoresOnline Express as a top of the
line solution in this particular market. This solution also provides
an upgrade path to StoresOnline Pro." "As you know, we conduct preview conferences that host hundreds of
thousands of potential buyers each year followed by workshops that
host only a small portion of those people," Lewis continued. "By
offering StoresOnline Express to preview conference attendees we hope
to expand our potential customer base while growing our recurring
revenue through hosting and support fees. StoresOnline Express is a
perfect launch point for most online entrepreneurs. Now, our preview
conferences can also generate revenue from StoresOnline Express, and
our workshops will continue delivering the value added solutions and
functions of StoresOnline Pro." Pricing and Availability Following its proven model, iMergent began testing at a limited
set of workshops in September and at its preview conferences in late
October. The company plans on continuing to test its offer of
StoresOnline Express to potential customers at the company's previews
and workshops and hopes to roll out this offering in all of its
conferences by the end of March 2008, if not sooner. The company also
intends to offer StoresOnline Express online through various channels
including the "New Features" section of the StoresOnline web site. The
software will initially retail for $199 with $24.95 per month for
hosting and customer support. Danks concluded, "We continuously invest in research and
innovation to offer cost effective, sophisticated and highly
competitive, yet user-friendly technologies. Our philosophy is to
provide solutions to entrepreneurs and small companies, at every stage
of development, to better manage and maximize their businesses. We are
following that philosophy with StoresOnline Express. As the
marketplace continues to expand we are poised to lead out and capture
this growth with innovative technologies." Conference Call The company's First Quarter Fiscal 2008 conference call will be
broadcast live over the Internet at www.imergentinc.com. If you do not
have Internet access, the telephone dial-in number is 800-639-0297 for
domestic participants and 706-634-7417 for international participants.
Please dial in five to ten minutes prior to the beginning of the call
at 1:30 p.m. PT (4:30 p.m. ET). A telephone replay will be available
three hours after the call through November 8, 2007 by dialing
800-642-1687 for domestic callers or 706-645-9291 for international
callers and entering access code 19978945.
-- Professional customizable page designs
-- WYSIWYG drag and drop page editor
-- VeriSign secured eCommerce environment
-- Integrated real-time credit card processing
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