Research In Motion Limited (Nasdaq: RIMM; TSE: RIM), a world leader in the mobile communications market and Bid.Com International Inc. (Nasdaq: BIDS, TSE: BII), a leading online e-commerce company, today announced plans to enter into a strategic alliance.
Bid.Com International Inc. and Research In Motion Limited have today confirmed plans to develop and market products and services that allow secure wireless interaction and e-commerce transactions utilizing Bid.Com's on-line auction products and services and RIM's wireless products and services. The companies will focus on developing wireless auction applications for business-to-business and business-to-consumer markets based on RIM's wireless handhelds. The two companies will also engage in joint business development activities to foster solutions based on RIM's BlackBerry Internet Edition and Bid.Com's on-line auctions and e-commerce technology.
"Business-to-business users need both timely information and transaction security to benefit from mobile commerce," said David Werezak, VP Marketing at Research In Motion. " The 'Always On, Always Connected™' design of RIM wireless handhelds supports these requirements and allows on-line auction applications to be enhanced and extended to mobile environments."
"Strategic alliances and partnerships with leading edge technology companies such as Research In Motion will continue to be an important part of our business strategy." commented Mr. Jeff Lymburner, President and CEO of Bid.Com International Inc. "This is another example of the increasing acceptance of our technology platform and the continual growth of "powered by Bid.Com" solutions in the business to business sector."
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