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Cyphermint tabs BroadVision for Vcom project

June 23, 2002

REDWOOD CITY, Calif. - E-business applications provider BroadVision Inc. (NASDAQ:BVSN) has reached an agreement with Cyphermint Inc. to provide BroadVision applications for convenience store chain 7-Eleven's Vcom financial services kiosks.

Under the agreement, BroadVision's Retail Commerce applications will be used to provide a web-shopping and service environment for Vcom. Cyphermint announced in May that it would provide software systems for the Vcom program (See story: Cyphermint adds refreshing software to Vcom program.)

For the Vcom project, BroadVision's application will create a round-the-clock web-shopping environment. Customers will be able to purchase a range of products from retailers using the kiosk.

"The combination of Cyphermint and BroadVision will give 7-Eleven customers touchscreen access to a wide variety of goods and services like event ticketing, travel, travel directions, and maps, as well as online shopping with convenient in-store fulfillment options," Patrick Lally, Cyphermint chief executive officer, said in a news release.

The Vcom program, which offers ATM and other financial offerings on a 24-hour per day basis, is currently being tested in 98 Florida and Texas 7-Eleven locations. The program, which is expected to expand to about 3,500 kiosks, will have its formal rollout later this year.

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