Wednesday, March 14, 2012

Demandware Re-files its S-1 With the SEC to Reflect Venda's SaaS and On Demand Credentials



 Demandware amends its S-1 filing with the Securities and Exchange Commission and its IPO roadshow presentation materials to accurately reflect Venda's position in the On Demand market.

NEW YORK -- Venda, Inc. thanks Demandware for amending its S-1 filing with the Securities and Exchange Commission and its IPO roadshow presentation materials to accurately reflect Venda's position in the On Demand market. Previously, Demandware did not clearly represent that Venda competes head to head with Demandware for business with enterprise class customers in On Demand, Software as a Service eCommerce solutions. This has now been changed as of yesterday afternoon (as at 13 March 2012).

Venda has more customers globally than Demandware, commenced trading three years before Demandware was founded, and provides many enterprise-class customers such as Tesco, TJX Companies and France Telecom with SaaS, On Demand e-commerce.

Eric Abensur, Group Chief Executive of Venda, said,

"We are delighted that Demandware has corrected the statements in their S-1 and roadshow materials and recognized our first mover status in SaaS, On Demand eCommerce solutions and the fact that we have similar offerings in the market.

 "We are also enthusiastic about their planned listing on the NYSE and wish them well."

Demandware will trade under DWRE on the New York Stock Exchange.

About Venda 

Venda, http://www.venda.com is the world's largest on-demand ecommerce provider. Processing over $1Bn of transactions annually, its highly flexible convergent cross-channel platform offers retailers the scalability, stability and security for deploying world-class ecommerce sites. With over ten years' experience and a presence in the US, UK and France, Venda helps global retailers increase revenues and deliver a return on investment faster than traditional 'buy and build' methods. Its expertise in multichannel commerce and knowledge of payment regulations in different countries allows retailers to expand quickly into new markets. As of December 2011, over 100 retailers of all sizes use Venda's platform to handle millions of transactions each month. These include Vince, Anthropologie, US Mint, TJX Companies, Jimmy Choo, Urban Outfitters, The Metropolitan Museum of Art, Clothing at Tesco, BBC and Orange. For further information please visit http://www.venda.com or join the discussions at http://www.twitter.com/vendainc and at http://www.facebook.com/vendainc 

For more information, please contact:

Jeff Max, President
Venda, Inc.
1500 Broadway, 18th Floor
New York NY 10036

Tel: +1-212-808-4004
Cell: +1-917-496-1981
Fax: +1-212-656-1176
Email: jeffmax@venda.com
Web: http://www.venda.com

Submitted by: WorldWidePR.net

Thursday, March 8, 2012

Carl Freer, David Warnock and Simon Davies Resolve Their Legal Dispute and Announce Joint Commercial Plan


Huntermay Announces Agreement that Affirms Mutual Commitment to the Future of Vision Recognition Software Development 

Carl Freer

Los Angeles, CA – Carl Freer, David Warnock and Simon Davies have reached an amicable resolution to their differences. Huntermay, a corporate investigations and negotiations firm made this announcement today (7 March 2012).

The parties have dismissed the lawsuits and withdrawn their respective allegations. Messrs Warnock and Davies have also agreed to terminate the public campaign focused on Carl Freer and supervise where possible the removal of any derogatory content from the internet regarding Mr. Freer and the companies which he has founded.

As part of the campaign, public allegations were made that the FBI and the SEC were investigating Mr. Freer and his companies. While the lawsuit was pending, Mr. Freer’s counsel established that these allegations were untrue and that Messrs Warnock and Davies had been misled by their advisors. Once Mr. Warnock discovered the problem, he immediately took action to correct matters.

Carl Freer stated, “After some open dialogue, it became obvious that tensions between us grew as a result of unwise counsel rather than from a genuine dispute between the parties. I applaud the courage and diligence on all sides to work through all of our differences and move forward. We can now focus on rekindling our friendships and strengthening our businesses relationships.”

 David Warnock said, “I am extremely pleased that we were able to amicably resolve our differences. This resolution ends all legal disputes and allows us to work together in a positive fashion to explore opportunities that will be mutually beneficial to all parties. We are looking forward to our new ventures and utilizing our core strengths of product innovation and business development to exploit significant opportunities in the market.”

Simon Davies added that he “looks forward to moving ahead and is pleased with the outcome.”

About Carl Freer

Carl Freer was born on the 9th of May in 1970, in Stockholm, Sweden. Holding numerous international patents, Carl Freer has developed an array of successful technology companies across the globe. One of his U.S. patents, number 20060064350, protects a proprietary method of delivering optimal advertising content to users. His current business endeavor, is currently developing an advanced technology that can connect a mobile device to a company’s website by having the user say the product’s name aloud or take a picture of the logo with their camera phone. Carl Freer designed this technology to provide a wealth of navigational information while users venture through cities and public sites; it even has an opt-in coupon service allowing consumers to receive timely savings from their favorite companies. As the President and Founder of the enterprise, Carl Freer not only develops the products, but also oversees all aspects of brand integration and product promotion. Carl Freer has previously served in the business development industry for several technology companies, including The Media Power Group, which also utilized augmented reality technology to deliver individualized messages to consumers. He gained additional experience with developing applications for mobile devices while at Magitech Games. In addition, Freer served as the Chairman of Tiger Telematics, Inc., the company behind the Gizmondo handheld gaming system. Aside from his work in technology, Carl Freer helps other people realize their educational goals through his support of the Back on Track organization.

For further information, contact:

James Huntermay
Huntermay
33 London Road
Royal Tunbridge Wells
Kent
TN4 0PB
United Kingdom

enquiry@huntermay.net
http://www.huntermay.net

Submitted by: WorldWidePR.net