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AVNET Computer Marketing Chooses Maconomy.


Business/Technology Editors

BOSTON--(BUSINESS WIRE)--Nov. 6, 2001

Maconomy Corporation announced today that the company has signed a strategic supplier and technology partner agreement with the Computer Marketing ("CM") division of Phoenix-based AVNET Inc. (NYSE NYSE

See: New York Stock Exchange
: AVT AVT

avian arginine vasotocin. See vasotocin.
). AVNET is a Fortune 300 company with annual sales exceeding $12.3 billion, and one of the world's largest distributors of semiconductors, interconnect, passive and electromechanical components, computer products and embedded systems from leading manufacturers. AVNET serves customers in 63 countries and markets, inventories and adds value to these products and provides world-class supply-chain management, engineering services and solution integration.

Barbara Martensen, Senior Vice President and Global Information Officer, AVNET Computer Marketing states: "Maconomy represents the kind of new generation business software we have been looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
. Maconomy is designed for net-computing from birth, it is designed for service delivery and it has an open architecture that allows us to interface with other IT systems based on industry standards like XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
 and SOAP. Initially we have successfully deployed Maconomy in a division of AVNET Computer Marketing and the success of this project has formed the basis for us to enter into this strategic supplier agreement with Maconomy."

Per Tejs Knudsen, 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.  Maconomy states:

"Signing this strategic supplier and technology partner agreement with AVNET CM is a milestone for us and is in line with our strategy to become the preferred supplier of integrated business software for the world's leading companies and enterprises."

About Maconomy Corporation.

Maconomy is the leading supplier of integrated business software for the most important companies in the world. Based on an innovative technology, Maconomy delivers solutions that optimize service delivery as well as the accounting and financial functions that support the entire organization. More than 600 companies in 25 countries have chosen Maconomy for improved business control and higher profitability. Customers include Millward Brown, Avis/Cendant, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Deloitte & Touche, Xerox Industry Solutions & Services (XISS XISS Xavier Institute of Social Service
XISS Xerox Industry Solutions & Services
), and Philips Design. Maconomy has offices in Europe and the US.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 6, 2001
Words:326
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