Video Gamers Reap Benefits of RedOctane Marketplace™ -- Internet's First Peer-to-Peer Location-Smart Publishing Application. Space Machine and Red Octane Debut New Technology for Creating Dynamic Marketplaces on Internet.
SUNNYVALE, CA (Feb. 22, 2001) - Space Machine, a leading provider of Location-Smart platform and application software, and RedOctane, the premier online video game rental service, announced today the introduction of RedOctane Marketplace, the first location-based peer-to-peer publishing product on the Internet.
RedOctane Marketplace utilizes Space Machine's Location-Smart Publishing technology to allow registered users to "self-publish" classified ads on the Internet for items they want to buy, sell, or trade. The online format enables sellers to include detailed information and photos, overcoming the space limitations imposed by print media. RedOctane Marketplace also eliminates the need to submit ad text to an ad representative since placement is immediate and easy.
Space Machine's Location-Smart Publishing™ technology puts a significant new spin on an age-old form of selling, making it more convenient and effective to both place and use classified ads to connect sellers and buyers on the Internet. Prospective buyers are able to obtain thorough information on classified ads from a single web page that's accessible anytime and from anywhere, and updated in real time. They also benefit from RedOctane Marketplace's easy-to-use navigation and interactive mapping interface.
"Until now, there hasn't been an efficient, easy way for gamers to find like-minded individuals for whom a true 'win-win' opportunity exists in swapping, buying, or selling previously-owned games," explains RedOctane's VP of marketing, Dean Ku. "Space Machine made it fast and easy for us to get the RedOctane Marketplace site up and running. Space Machine took care of all the implementation, integration and customization work, requiring very minimal engineering effort on our part."
A demo of the service can be found at www.redoctane.com/marketplace-intro.html
"Our Smart-Publishing technology provides a major breakthrough to online classified ads, " adds Vera Lam, VP of Product Marketing of Space Machine. "This is an effective and exciting method of buying and selling across the Internet. There are numerous other applications for Location-Smart solutions -- we're only just beginning to discover how many."
About RedOctane
RedOctane, first-mover in the online video game rental market, offers an unprecedented selection of Sony PlayStation™, Sony PlayStation™ 2 (PS2), and Sega Dreamcast™ games to the millions of gamers in the United States. Customers can order games online and have them delivered conveniently to their front door. With its unbeatable selection of services and games, RedOctane intends to revolutionize video game delivery its customers. RedOctane is headquartered in Sunnyvale, California. For more information visit www.redoctane.com
About Space Machine, Inc.
Space Machine delivers the leading software platform and application framework enabling enterprise-class "location-smart" applications that leverage the power of wireless location technologies. The Company's mission: to help businesses build and deploy location-smart applications. Founded in 1999 and currently headquartered in Sunnyvale, California, Space Machine is a privately held company with a strong culture of technology innovation and engineering excellence. For more information about Space Machine, please visit www.spacemachine.net or send email to inquire1@spacemachine.net.
