ASItransact.com Announces Compatibility With Ariba, Commerce One and Other Exchanges; Reaffirms Development of Open Standards.Business Editors/Hi-Tech Writers LANGHORNE, PA--(BUSINESS WIRE)--Aug. 9, 2000 More than six months ago, ASItransact.com (TM) chose open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced that will support this revolutionary new order management system for the promotional products industry. Now, ASItransact.com announces that these standards have been designed to be compatible with the Ariba(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 :ARBA), Commerce One(R) (NASDAQ: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) ), and Microsoft's(R) (NASDAQ:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) BizTalk(TM) framework. The compatibility with the other e-commerce exchanges provides a very important link between distributors and end-buyers. Ariba, Commerce One and BizTalk represent the most significant market share on the end-buyer side of the purchasing circle. Because ASItransact.com's open standards are compatible with these systems, end-buyers can send their orders to distributors who can then seamlessly forward them on to ASItransact.com with virtually no re-keying of information. In addition, open standards enable distributors and suppliers to send their orders, acknowledgments, approvals and other order details through one centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. location, the ASItransact.com pipeline. "This means that participants don't have to send updates to each individual company they're doing business with," said Dale Denham, ASItransact.com President. He added, "Other industry players promise a 'standard,' but do not offer a mechanism for transmitting an order to the supplier. The distributor would still have to send the orders to each individual supplier instead of having one central transmission point. They will also incur the cost of integration. ASItransact.com, with its open standards, will empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems distributors and suppliers to e-commerce enable their business without up-front investments in complicated and expensive infrastructure. "Some of the reasons I joined the ASItransact.com team are the existing standards experience, the wealth of information, and the ability to utilize the standards created. A standard not used is not really a standard at all but an attempt at a standard. BETAMAX was the standard until VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. and its millions of users superceded it. I remember when the standard was BETAMAX, but VHS had users and became the standard. "We've been refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar these standards for more than six months now. When the system goes 'live' in the fourth quarter 1,000 industry-leading suppliers and distributors will be in the vanguard of this new wave of e-commerce for the promotional products industry. In addition, the 8,000-plus subscribers to ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. 2000(TM), SoleSource(R) and ASI ASI, n See Anxiety Sensitivity Index. Computer Systems(TM) will automatically become e-commerce enabled. Within the next year, thousands of companies... particularly the industry's largest and most active ... will be using the ASItransact.com pipeline's open standards." About ASI ASItransact.com is an affiliate of The Advertising Specialty Institute(R) (ASI(R)). As the Business Information Center for the Promotional Products Industry for more than 50 years, ASI maintains the most comprehensive database of industry suppliers and distributors, and provides an array of services, sales tools and professional publications that support the industry's business activities. To learn more about the nearly $15 billion promotional products industry, visit www.promomart.com. About ASItransact.com ASItransact.com is an Application Service Provider (ASP) offering complete end-to-end order management and collaborative e-commerce capabilities exclusively for the promotional products industry. Using the Internet, ASItransact.com provides a technology solution to streamline the industry's business activities, order management and communications. You may reach the ASItransact.com team toll-free at 800-326-7378 or 215/752-4200 or by fax at 800/829-9240. Visit www.ASItransact.com. E-mail ASItransact@asicentral.com. |
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