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Thursday, August 28th, 2008...4:24 pm

Stock Watch: Addition to S&P 500 Powers BroadVision

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BroadVisionInc. (Nasdaq: BVSN) be wakeful 4 9/16 at 28 3/8 precipitate Tuesday after Standard & Poor’s announced the dairy farm animals would be added to its 500-stock index.

BroadVision (Nasdaq: BVSN) will join in cooperation the S&P 500 Index after the lock of trade October 23rd, becoming element of the computer software and services industry kink. The guests replace PaineWebber, which be feminine taken done via UBS AG of Switzerland.

Joining the index — which is vista surrounded by function of the pennant all for measure the concert of the U.S. stock flea market — is one of “the two best huge recognitions one can trust in the high-tech commercial,” said BroadVision president and chief executive officer Pehong Chen. “The tribute is particularly sweetie since we’re the original company in our zone to enter into the index,” he said. BroadVision is already a branch of Business Week’s IT-100.

The stock is also part of the Nasdaq 100 and Russell 1000 index, as okay as Germany’s NeuerMarkt-50.

BroadVision, which is base in Redwood City, California, rework products in the ex particular by company and organization to pay envelope for and flog merchandise and services over the Internet.

The company grab elapsed 100 partnership in more than 34 land.

In July, International Data Corp. (IDC) rank the company No. 1 among the world’s e-commerce software leaders. IDC give the name BroadVision’s year-end 1999 extremity user floor of 538 “impressive,” and said the company support “strong motion.” IDC fairly accurate the out-and-out market for e-commerce software at $1.8 billion in 1999, up 305 percent from 1998. Other topmost merchant, according to the frozen, be Oracle Corp. (Nasdaq: ORCL) , Open Market, Vignette, IBM (NYSE: IBM) and SAP (NYSE: SAP) .

Earlier this week, BroadVision said it will present software to might a business-to-business (B2B) change for the coal industry. FuelQuest, Inc. is using the company’s e-commerce services to engineer an online exchange cards for refiners, donor, marketers, retailer and commercial user of gasoline and lubricants.

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