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(BVSN) - Get BroadVision Inc. Report

issued a statement refuting a report that the company lost its account with

General Electric's

(GE) - Get General Electric Company Report

financial assurance unit.

The e-commerce application software company, based in Redwood City, Calif., said a

Credit Suisse First Boston

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analyst incorrectly stated that

GE Capital

is pulling its BroadVision implementation. BroadVision said it "remains a preferred supplier to GE."

Shares of BroadVision were down $3.31, or 13.6%, to $21.56 in after-hours trading on the


, while shares of General Electric closed at $53.50, after falling 44 cents, or 0.8%, on the

New York Stock Exchange