Warp 9 Sees Tremendous Opportunity With Recent Boom in E-Commerce Software Spending

SANTA BARBARA, CA--(Marketwired - March 10, 2015) - Warp 9, Inc. (OTCQB: WNYN), the premier provider of mobile and e-commerce solutions for midsize online sellers, commented today on a recent report showcasing the growing market demand for e-commerce software and services. The report, compiled by Forrester Research Inc., predicts that spending on e-commerce software and services will nearly double by 2019, after already doing so between 2010 and 2014.

The study predicts that large U.S. companies -- those with revenue of at least $250 million or online sales of at least $50 million -- will spend $2.09 billion on e-commerce platform software in 2019, up from $1.20 billion in 2014. These same firms usually spend up to five times more on implementation and maintenance, a figure that is also expected to nearly double from $5.11 billion in 2014 to $9.77 billion in 2019.

"There's no doubt that the opportunity for tremendous growth is right in front of Warp 9 for the taking, as evidenced by the predicted spend on e-commerce services over the next five years. It's no longer an 'if' for retailers who are considering an online store; the question now is 'when' and 'how can we get there,'" said Andrew Van Noy, CEO of Warp 9, Inc. "These are all questions that Warp 9 is prepared to answer for its current and prospective customers. Warp 9 is the trusted partner that online sellers need to implement robust e-commerce solutions that turn browsers into buyers and drive revenue."

Two specific trends highlighted within the Forrester Research report are of particular interest to Warp 9: mobility and the changing role of the retail store in the Internet age. Consumers aren't just shopping from their desktop computers anymore; mobile devices have become a popular choice for browsing and shopping on the go. Retailers can no longer afford to have e-commerce solutions that are not mobile friendly, and with WarpMobile Magento, Warp 9 is able to give businesses the mobile e-commerce solution they need with a focus on both design and functionality.

Today's consumer is also very 'right now,' meaning they want to order online and pick up at a store rather than wait for delivery. E-commerce platforms need to be flexible to allow a variety of consumer options. Warp 9's e-commerce solutions are built on the Magento platform, a robust software that allows complete customization to your business needs. 

"A mobile platform and the ability to be flexible and customizable are crucial aspects of a retailers e-commerce strategy today. Consumers don't want a clunky mobile experience," said Van Noy. "When a consumer shops online or on mobile, they want the instant gratification -- think of an item, look it up online, pay for it, and continue on with their lives. This should be a focus of retailers as they ramp up their e-commerce strategy in the future, and Warp 9 is well positioned to make that happen."

For more on Warp 9's full suite of services, please visit their website.

About Warp 9

Founded in 1998, Warp 9, Inc. is the premier provider of eCommerce solutions for midsize online sellers. Offering fully managed Software-as-a-Service web and mobile eCommerce technology, Warp 9 allows customers to focus on their core online businesses, rather than on technical implementations. To learn more about Warp 9, please visit www.warp9inc.com or on Twitter at www.twitter.com/warp9inc, or on Facebook at www.facebook.com/warp9inc.

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