3PLex.com--TM to Provide Logistics Solution Via Next Generation Commerce One.net--TM.Business/Technology Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 25, 2000 3PLex.com(TM), the only online transportation company to address the specific needs of the trucking industry's intermediaries, today announced that its eMarketplace Logistics Solution will be part of the Commerce One(R) (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 : CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ) portfolio of business services now available on the latest version of Commerce One.net(TM) (formerly named MarketSite.net). The 3PLex eMarketplace Logistics Solution is available directly to buyers and suppliers on Commerce One.net and through syndication to other e-marketplaces. The Commerce One.net syndicated suite of business services makes it easy for e-marketplace operators to tap into the services their buyers and suppliers need to conduct e-business without the lengthy process of identifying, negotiating and partnering with business service providers. The 3PLex eMarketplace Logistics Solution, built with the expertise of 3PLs, provides eMarketplace customers with the ability to conduct shipment fulfillment online. The eMarketplace Logistics Solution enables customers to complete the total transaction - from order inquiry to goods delivery. Moreover, the 3PLex eMarketplace Logistics Solution opens the doorway into comprehensive transportation e-fulfillment services. As the application service provider (ASP) for 3PLs, 3PLex offers e-marketplaces access to its network of 3PL partners to offer customers an established operational infrastructure that can execute the movement of goods. Through multiple 3PL partners with numerous, proven carrier relationships, e-marketplace customers will likely benefit from every mode of transportation and virtually unlimited capacity. With 3PLex, e-marketplaces will receive the on-line efficiencies offered by a true Internet company, coupled with the operational expertise and execution capabilities of leading 3PL partners. 3PLex's top team of logistics, technology, and eBusiness professionals, supported by leading venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. including Polaris Venture Partners, 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. & Co., Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean
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"Through Commerce One.net and 3PLex.com, Commerce One is going to give our customers the tools they need to not only establish an e-marketplace, but actually drive transactions," said Roy Satterthwaite, vice president, Commerce One.net. About Commerce One.net Commerce One has established new relationships with leading business service providers and is syndicating these services through Commerce One.net, ensuring unparalleled customer access to best-of-breed business services. The Commerce One.net portfolio of business services is open, enabling B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. regardless of trading partner platforms. As a leading e-marketplace connected to the Global Trading Web (GTW GTW Gateway, Inc. (stock symbol) GTW Global Trade Watch GTW Grand Trunk Western (railroad) GTW Gatwick Airport GTW Global Trading Web (Commerce One B2B-platform) ), a worldwide 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 trading community with $2.3 trillion in buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. across 54 countries on 6 continents, Commerce One.net has access to more than 6,900 buying organizations, thousands of suppliers and more than 50 e-marketplaces on the GTW. As an e-commerce hub, Commerce One.net will provide syndicated offerings such as business and transaction services to the worldwide e-commerce community. About 3PLex 3PLex provides third party logistics companies (3PLs) and carriers with blue-chip Internet technology to automate their business processes, connect to more shippers and carriers, provide exceptional value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. , and participate in the $900+ billion e-supply chain. 3PLex combines the efficiencies of the Internet with the real-world expertise of third party logistics organizations. As a result, 3PLs and carriers achieve superior productivity savings and revenue growth. Founded in 1999, 3PLex is based in Cambridge, Mass. For more information please visit the company at www.3PLex.com Commerce One, Global Trading Web, GTW, and Commerce One.net are either trademarks or registered trademarks of Commerce One, Inc. All other company, product and branded names are trademarks of their respective owners. Forward Looking Statements The foregoing paragraphs include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements concerning Commerce One's ability to provide comprehensive transportation e-fulfillment services for its e-marketplace customers through its relationship with 3PLex.com and the delivery of syndicated offerings such as business and transaction services that Commerce One.net will provide to the worldwide e-commerce community. Actual results may differ materially from those described in such statements as a result of a number of factors. These factors include, but are not limited to, the risk that the e-marketplace solutions and services offered by the parties will not meet user expectations, the cooperation of the parties and their ability to integrate 3PLex.com's services into the portfolio of services provided by Commerce One.net, a general downturn in economic conditions, intense and increasing competition in the market, and the extent of customer adoption and utilization of the solutions and services provided on Commerce One.net. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999 and its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended June 30, 2000. |
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