Commerce Industry Leaders CrossView and Shared Vision Group to Merge



CrossView, Inc. Corp. and Shared Vision Group Corp. today announced that the companies have entered into a definitive agreement to merge companies. CrossView Inc., an IBM-validated provider of cross-channel retailing solutions, announced it has merged with Shared Vision Group, Inc., a leading integrated services provider of IBM WebSphere commerce solutions.

The combination of CrossView and Shared Vision Group will provide merchants and partners with a more powerful set of solutions for Cross-Channel Retailing. This merger will also provide more capacity for the combined organizations to expand the marketplace and enable the CrossView Solution Partners. CrossView offers its cross-channel products through an existing array of solution partners and now has a way to meet the growing demand for helping partner enablement of these Cross-Channel solutions.

"The merger of the two organizations is a natural progression of CrossView's mission to provide solutions that empower merchants to deliver an integrated consumer experience and optimize transactions for all customer touch-points," said Tom Eichner, Chairman, CrossView Inc, CEO, Shared Vision Group.

The combined company will operate under the CrossView name. Thomas Eichner, Chief Executive Officer of Shared Vision Group, will be Chairman of the combined firms, Mark Fodor, CEO of CrossView, will be CEO of the combined company.

"Customers are looking to reduce the complexity and cost of managing their cross-channel infrastructure and drive efficiency with fewer suppliers," said Mark Fodor, CEO, CrossView. "The new CrossView will allow us to reduce clients costs, simplify integration, and create customer centric solutions."

The combination will create significant benefits for the customers and partners of both companies, including:

-Breadth - A broad range of leading cross channel solutions at every tier of the enterprise - across all touch points from a single vendor;

-Depth - Leading-edge technology combined with expertise to architect, design, and manage cross channel security, storage, and IT infrastructures; and

-Global Reach - Worldwide sales, service, and channel partner organizations supporting small, medium, and large enterprise customers.

About CrossView Inc.

CrossView Inc. is the industry's first provider of cross-channel shopping solutions. Customers are demanding from retailers a consistent shopping experience at every touch-point, yet many retailers are struggling to meet customers' needs because their business systems no longer match current customer-buying behaviors. CrossView's premier product suite integrates with retailers' core retail management systems to combine and provide all information around orders, products, inventory, customer and promotions, significantly improving shoppers' ability to purchase products as well as their overall shopping experience at every customer touch-point. Based in Santa Clara, CA, CrossView is a privately-held company. For more information, please visit www.CrossView.com.

About Shared Vision Group

Shared Vision Group, Inc has been delivering customer commerce solutions for its clients for over a decade with its focus around being the best in breed with a strategic focus on utilizing IBM's WebSphere Commerce technology as its core differentiator. Based in New York, NY, Shared Vision is a privately-held company. For more information, please visit www.SharedVision.com.





Commerce Industry Leaders CrossView and Shared Vision Group to Merge