Adatom.com Signs Product Fulfillment Agreement With BuyersEdge, Inc.; Adatom To Provide Housewares And Sporting Goods On Open Market Bidding System.Business Editors MILPITAS, Calif.--(BUSINESS WIRE)--May 3, 2000 Adatom.com, Inc. (Nasdaq:ADTM ADTM Antenna Deployment and Trim Mechanism (aerospace engineering) ) today announced that it has entered into an agreement with privately-held, venture-backed BuyersEdge, Inc. to feature Adatom(1)s housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. and sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport products in the BuyersEdge open market bidding system
"The partnership with Adatom.com is very strategic for our Home & Garden and Sports & Fitness markets as we are seeing increasing demand for these products. Our customers will benefit from the wide range of brand-name Home & Garden and Sports & Fitness products offered by Adatom.com. BuyersEdge is always looking to provide the best quality products and value to our customers through our qualified reseller partners," stated Bill Gaylord, Vice-President, Product & Channels. Richard Barton
About BuyersEdge BuyersEdge (http://www.buyersedge.com) is an open market bidding system that enables savvy online buyers to save time and money making purchases on high value, considered merchandise. BuyersEdge allows consumers to submit product requests, evaluate merchant responses, select the price, terms or merchant variables they want, and then buy the product on the BuyersEdge Web site. BuyersEdge puts the power of buying in Buying in has several meanings. In the securities market it refers to a process by which the buyer of securities, whose seller fails to deliver the securities contracted for, can 'buy in' the securities from a third party with the defaulting seller to make good. the hands of the consumers and delivers 100% guaranteed customer satisfaction. Merchants, in turn, gain access to thousands of qualified online buyers without any infrastructure or development costs. BuyersEdge is headquartered in Redwood Shores, California Redwood Shores is an upscale and desirable [1] waterfront neighborhood on the San Francisco Peninsula in California. It is located on the eastern edge of Belmont, but is actually part of incorporated Redwood City. and is privately funded by Information Management Associates, CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) @Ventures, and Wand Partners. About Adatom.com, Inc. Adatom.com, Inc. is a fast growing, e-commerce company. By leveraging its proprietary e-commerce infrastructure and efficient distribution system, the Company reaches both the business-to-business market with its E-commerce Solution Program (AESP AESP Aerospace Education Services Program AESP Association of Energy Services Professionals AESP Army Equipment Support Publication AESP Aboriginal Enriched Support Program (Carleton University program) AESP Advanced Energy Systems Program ) and its Global Electronic Marketmaker Solution (GEMS) and the business-to-consumer capabilities through its www.adatom.com Web site. Its Internet Superstore offers over three million items for the home, individual and office with a comprehensive mix of name brand products in 29 product categories. Statements in this news release that are not descriptions of historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expect," "intends," "believes," "plans," "anticipates" and "likely" also identify forward-looking statements. All forward-looking statements are based on current facts and analyses. Actual results may differ materially from those currently anticipated due to a number of factors including, but not limited to history of operating losses, anticipated future losses, competition, future capital needs, the need for market acceptance, dependence upon third parties, disruption of vital infrastructure and intellectual property rights. All forward-looking statements are made pursuant to the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission. |
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