[0] iSalvex.com Selects Pivotal to Power Global Microsoft-based Insurance Exchange.Business Editors & High Tech Writers SEATTLE--(BUSINESS WIRE)--June 20, 2000 Pivotal Enables B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Digital Marketplace to Manage Personalized Relationships and Internet Transactions Pivotal Corp.(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PVTL), The eBusiness Relationship Company, today announced that iSalvex.com Inc. has selected Pivotal eRelationship 2000 to power personalized selling, marketing, customer service, financial transactions, and multi-channel communications. iSalvex.com is the premier B2B, Web-enabled auction site for recoverable insurance industry salvage assets. iSalvex.com is targeting the $40 billion insurance industry salvage assets market with the goal of maximizing the value of recoverable assets for insurance industry sellers and business buyers worldwide. The company is the primary, global Internet marketplace See vertical portal and Web hub. for insurers and targeted business buyers to exchange recoverable salvaged assets efficiently and conveniently. iSalvex.com brings a digital economy solution to a market that has traditionally been highly fragmented and decentralized de·cen·tral·ize v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es v.tr. 1. To distribute the administrative functions or powers of (a central authority) among several local authorities. . "Pivotal provides the core integration technology behind our B2B Internet exchange See IXP and NAP. ," said John Barberich, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , iSalvex.com. "We selected Pivotal eRelationship 2000 because it is fast, flexible, comprehensive, and optimized for the Microsoft Internet platform. In addition, it will allow us to launch our B2B Internet exchange rapidly and seamlessly, incorporating the high level of functionality we need to serve our customers appropriately, and to capture and maintain the premier position in our market." Pivotal's eRelationship(TM) 2000 will differentiate iSalvex.com by integrating auction functionality - such as personalized buyer alerts, bidder notifications, customer service interactions, billing and all marketing and sales communication with other business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . Not only will this integrated approach provide a highly efficient platform for conducting business, but it will also maximize each listing's exposure and ensure the timely communication of the information each buyer needs to bid and win. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Norm Francis, president and CEO, Pivotal, "Pivotal provides an ideal infrastructure for the next generation of personalized digital marketplaces. Pivotal eRelationship 2000 will empower iSalvex.com's Internet exchange to successfully bring together motivated sellers and a global audience of buyers. The partnership between Pivotal and iSalvex.com creates the premier personalized online marketplace for recovered assets in the insurance industry." About iSalvex.com Inc. iSalvex.com provides an Internet-based, B2B auction site exclusively designed to bring together insurance companies seeking to sell recoverable salvage assets with targeted buyers worldwide. By centralizing what is currently a highly fragmented market through a Web-based, 24/7 auction bidding process, iSalvex.com will give buyers the opportunity to bid on a vast number of salvage assets as they become available worldwide, and will offer the insurance industry immediate and efficient global exposure to a broad universe of potential buyers. Information about iSalvex, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Andover, Massachusetts, is available at www.isalvex.com. About Pivotal Corporation Pivotal Corporation, The eBusiness Relationship Company, enables organizations, globally, to increase revenue and improve customer loyalty by providing highly scalable, Microsoft-based Internet solutions for managing relationships between customers, employees, and business partners. Pivotal's eRelationship 2000 solution provides integrated applications for eSelling, eMarketing, eCommerce, and eService, and an industrial-strength Internet platform for building and deploying personalized, intelligent Web sites for customers and business partners integrated with context-sensitive Web portals for front-office employees. Pivotal solutions are designed for Web, wireless and hosted deployment, and are provided on a flexible license, lease, or subscription basis to support a wide variety of business models. Pivotal solutions are sold in 34 countries and available in English, French, German, Spanish, Portuguese, Swedish, Japanese and Chinese. Pivotal's worldwide customer base includes more than 800 organizations in traditional, commercial and public market sectors and the new digital economy, including KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen , CornerDrugstore.com, Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. , Ericsson, Medpool.com, Nissan Motor Corp., HarperCollins Publishing, Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank , Trader.com, Southern Company, Lucent Technologies, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Deloitte & Touche, Principal Financial Group and Red Cross Australia. Pivotal is a public company traded on the NASDAQ under the symbol "PVTL" and can be found on the Web at http://www.pivotal.com. Forward Looking Statements This press release contains forward-looking statements, including statements about the manner and timing of deployment and performance of the Pivotal eRelationship 2000 solution to be deployed by iSalvex.com. Actual events or results may differ materially from those described in the forward-looking statements due to a number of risks, uncertainties and other factors, such as the need to develop, integrate and deploy applications to meet iSalvex.com's requirements, the possibility of development of deployment difficulties or delays, the dependence on iSalvex.com's satisfaction with Pivotal's eRelationship 2000 solution and its continued commitment to the deployment of the solution. Forward-looking statements are based on management's estimates, beliefs and opinions on the date the statements are made. Pivotal assumes no obligation to update forward-looking statements if circumstances or management's estimates, beliefs or opinions should change. (c) 2000 Pivotal Corporation. All rights reserved. Pivotal, Pivotal eRelationship, Pivotal eRelationship 2000, Pivotal Intelligent eSelling 2000, Pivotal ePower 2000, Pivotal eRelationship PartnerHub, Pivotal eRelationship CustomerHub, Pivotal eRelationship IntraHub, Pivotal Intelligence Engine, Pivotal Interaction Engine, Pivotal B2B Syndicate, Pivotal eRelationship SmartPortal, Pivotal eRelationship CommerceServer, PivotalHost, and 360(degree) eBusiness Relationship Management are trademarks and/or registered trademarks of Pivotal Corporation. Microsoft, Windows, Windows 2000, Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. , and BackOffice are trademarks and/or registered trademarks of Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. All other trade names mentioned are trademarks and/or registered trademarks of their respective owners. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion