AMETEK Launches Global E-Procurement Program With Comprehensive Catalog Content; Electronics Manufacturer To Utilize TPN Register's Interactive Catalog Management Technology.Business Editors/Hi-Tech Writers ROCKVILLE, Md.--(BUSINESS WIRE)--Nov. 30, 2000 An ambitious project by leading global manufacturer AMETEK, Inc. to consolidate its corporate procurement systems will be powered by TPN TPN, in biochemistry, abbreviation for triphosphopyridine nucleotide, a coenzyme now usually called nicotinamide adenine dinucleotide phosphate, or NADP. Register, a catalog and content management service provider, company officials announced today. TPN Register will create, maintain and host private catalogs for AMETEK's electronic procurement program resulting in faster, easier, simpler and less expensive customized catalogs. Headquartered in suburban Philadelphia, AMETEK (NYSE NYSE See: New York Stock Exchange :AME See AIT. ) is a leading manufacturer of electronic instruments and electric motors worldwide, with sales approaching $1 billion. Leveraging an Oracle Internet Procurement initiative along with TPN Register's next generation of content technology, AMETEK expects to reduce their MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. spend by ten percent. By joining the TPN Marketplace(TM) community, AMETEK will have full-service catalog content search and management capabilities for their U.S. and international locations. Initial plans are to implement a dozen catalog suppliers, some easily leveraged from TPN's existing supplier base for rapid deployment. "High-quality content and global functionality were among the key factors in our selection of TPN Register as our content management solution," said Bob Mandos, AMETEK Vice President and Comptroller. "TPN's Interactive Catalog Management Service is the clear Best of Breed in the creation and management of electronic catalogs." "We're pleased to assist AMETEK in realizing their Internet procurement goals and enable AMETEK suppliers to quickly and easily participate in dynamic e-commerce," said Ray Schiavone, president for TPN Register. "We have a tremendous commitment to international work which began with General Electric and was of critical interest to AMETEK with their own aggressive approach to global e-business initiatives." TPN Marketplace provides full-service catalog and content management for 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 e-procurement, including a marketplace of supplier catalogs for indirect and MRO online purchasing in excess of 780 suppliers. About AMETEK, Inc. AMETEK, Inc. is a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Stock Exchange-listed company (ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors : AME) and a leading global manufacturer of electronic instruments and electric motors with sales approaching $1 billion. For more information, contact AMETEK Inc., 37 North Valley Road, Building 4, Paoli, PA 19302, U.S.A. Phone: 610/647-2121. Fax: 610/296-3412. Website: www.ametek.com About TPN Register TPN Register provides the industry's only interactive catalog management service which uses the latest in content technology to speed the success of corporate e-procurement programs, e-marketplaces, and online industry exchanges. Buyers and suppliers can interact online within TPN Marketplace(TM), a marketplace of catalogs, to produce exactly the catalog views they want quickly and easily. TPN Register's full suite of services includes flexible supplier enablement Supplier Enablement is the process of electronically connecting suppliers (or other trading partners) to a company's supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company's back-office systems to exchange critical business , superior data transformation, interactive catalog management, strategic sourcing, personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. searching, and widespread content distribution. TPN Register customers include a number of Fortune 500 companies, global corporations, online exchanges and their accompanying suppliers. TPN Register can be contacted at 240/632-7600 or www.tpn.com. |
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