Rounding out its Internet commerce software offerings, Open Market (OMKT) next week will release new software for building “industrial-strength” online catalogs.

LiveCommerce, targeted at the business-to-business space, is built on technology from Waypoint Software, which Open Market acquired in February for $12 million. The product will be introduced at next week’s Internet Commerce Expo trade show in Los Angeles.

Open Market also will announce a 50 percent price cut to $125,000 for companies that want to build and host their own complex Internet stores using the company’s flagship Transact e-commerce software. Transact’s standard $250,000 price tag…

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