Moai Selected by Art.com.

Consumer Art Site to Power E-auctions Using Moai's LiveExchange Software

SAN FRANCISCO, Aug. 13 /PRNewswire/ -- Moai, the pioneer and leader of Web-based dynamic commerce solutions, announced that Art.com(SM) has licensed Moai's LiveExchange software to power "The Auction at Art.com," a new Web site for online art auctions. Art.com is an inviting and engaging e-commerce destination that makes finding art accessible, easy and fun. Art.com is one of the first art destination Web sites to host online auctions when it deployed LiveExchange in July 1999. The company is yet another example of how an increasing number of online merchants are now using online auctions to extend their e-commerce retail strategies.

"Online auctions are an important means of increasing and maintaining traffic on our Web site and will help us maintain a leadership position in the online consumer art market. We chose Moai's LiveExchange to power The Auction at Art.com for numerous reasons, including its ability to scale with our needs. It is robust enough to power our auctions today as well as into the future, as our business continues to grow," stated Bill Lederer, founder and CEO of Art.com.

Michelle E. Messina, Vice President, Marketing for Moai Technologies, stated, "Art.com is one of the leading consumer art brands on the Web, and we are pleased that they have selected LiveExchange as the engine behind The Auction at Art.com. As Art.com continues to build their brand on the Web, LiveExchange will be able to scale to meet the demands of their business."

Before selecting LiveExchange, Art.com investigated and evaluated a number of commercial auction software solutions on the market. The decision to purchase LiveExchange was based on the maturity and robustness of the product, in addition to the premiere level of customer support offered. Art.com also felt that Moai's product roadmap and planned product releases would support the company's growth and business demands.

Art auctions, both online and off, have traditionally been intimidating and expensive for the general consumer, with only a limited selection of affordably priced art. The Auction at Art.com will create a whole new way for people to discover and acquire quality art and collectibles, at affordable prices. Art.com's extensive relationships throughout the art industry and with parent company Getty Images allows it to offer one of the widest selections of art available anywhere. The company offers an online collection of over 100,000 images -- as well as art gifts and other items.

About Art.com

Art.com(SM) (www.art.com), the consumer brand of Getty Images, Inc., is an inviting and engaging e-commerce destination that makes buying art accessible, personal and fun by offering valuable information consumers need to learn about and purchase art. The site is an enriching and convenient source for art, offering many of the world's great prints in one place. Art.com's expansive galleries feature master works by world-famous artists, as well as original pop culture artists. In addition to everyday discounts, personalized product choices and a 100 percent satisfaction guarantee, Art.com offers three distinguishing features -- framing visualization software, seasonal and featured galleries, and the ArtClique(SM) Saver's Club. Art.com is the recipient of the respected Pinnacle Award for Overall Excellence and the eMarketer Web recognition Award. Art.com is the consumer brand of Getty Images, Inc., the leading, global provider of visual content. More information about Getty Images and its visual content brands can be found on the company's Web site at www.getty-images.com.

About Moai

Based in San Francisco, California, Moai (pronounced "mo-eye") is the recognized pioneer and leader of Web-based dynamic commerce solutions. With LiveExchange, companies can conduct public auctions or host their own Internet auctions for any group of trading partners, creating a cost-effective "virtual private marketplace." Moai's products enable corporations to increase revenues and profitability, improve control of their sales channels, and reduce inventory overhead. Moai is the recipient of Red Herring's coveted 1999 Top 50 private companies award and UPSIDE magazine's 1999 Top 100 companies distinction; both awards recognize the high tech industry's most innovative, leading companies. For more information, contact Moai at its toll-free number, 888-244-6624, or visit the company's Web site at www.moai.com.