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Ariba Talks to CEOLive.com About Being No. 1 in B to B Procurement.


Business Editors

LOS ANGELES--(BUSINESS WIRE)--Jan. 18, 2000

Ariba Inc. (Nasdaq:ARBA) Chief Executive Officer Keith Krach discussed the company's commitment to being the No. 1 procurement company in an in-depth radio interview with CEOLive.com.

According to Krach, "We invented the space, and are extremely focused in providing the best product for our partners."

Krach stated that they have assembled a world-class team of partners that are helping to redefine the procurement industry. Partners include Visa, Nasdaq:INTC INTC Intel (NASDAQ symbol)
INTC Intercept
INTC Interrupt Controller
, 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
, Nasdaq:JDEC JDEC Joint Data Exchange Center (US/Russian missile warning)
JDEC Joint Document Exploitation Center (US DoD) 
, Nasdaq:PSFT PSFT PeopleSoft (stock symbol)
PSFT Progressive Saturation Fourier Transform
PSFT Prosoft-Technology, Inc
, Nasdaq:SEBL, Nasdaq:USIX, Nasdaq:SUNW, Nasdaq:CSCO, NYSE NYSE

See: New York Stock Exchange
:FDX, Nasdaq:SPLS, NYSE:HWP, NYSE:AXP and Andersen Consulting.

Krach said, "We're No. 1 because our network is No. 1. We've built the most comprehensive partnerships in the business, and are offering average ROIs at 15 to 20 percent. We're saving companies millions and millions of dollars by streamlining business purchases."

In the interview, Krach also discusses such competitors as Nasdaq:CMRC, Nasdaq:PPRO, Nasdaq:OMKT and NYSE:SAP.

The entire interview is available free online at http://www.ceolive.com.

About CEOLive.com

CEOLive.com is an online audio business magazine that features interviews with leaders from the worlds of business and technology. The company is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of InterRep Information and Communication Services Inc., which produces radio programs for online magazines, a network of corporate Web sites and several major airline carriers.

CEOLive.com was founded by Marc Holland, who personally conducts many of the interviews. Holland stated, "We are committed to providing executives with insights from leaders who are reshaping their industries and the business world."

Also appearing on CEOLive.com are Michael Bloomberg of Bloomberg LLC, Stephen Polley (NYSE:CPU CPU
 in full central processing unit

Principal component of a digital computer, composed of a control unit, an instruction-decoding unit, and an arithmetic-logic unit.
), Lars Nyberg (NYSE:NCR), Mark Breier (Nasdaq:BYND), Kevin O'Connor (Nasdaq:DCLK), Ely Callaway (NYSE:ELY), Walter V. Purnell Jr. (Nasdaq:SKYC), Mark Logan (Nasdaq:VISX), George Schmitt (Nasdaq:OMPT), David Hanna (Nasdaq:CCRT), D.R. Grimes (Nasdaq:NTBK) and Gary Loveman (NYSE:HET).

Upcoming guests include representatives of Oracle (Nasdaq:ORCL), Peoplesoft (Nasdaq:PSFT), Onsale.com (Nasdaq:EGGS), Nissan Motor Corp. (Nasdaq:NSANY NSANY Nissan Motor Co., Ltd. (stock symbol) ), Futurestep, Latittude Communications Inc. (Nasdaq:LATD) and Service Metrics Inc.

About Ariba

Ariba is a leading provider of intranet and Internet-based business-to-business electronic commerce solutions for operating resources. Its proprietary Ariba ORMS(TM) enables organizations to automate the procurement cycle within their intranets, lowering the costs of acquiring and managing operating resources.

Ariba Network(TM), a global business-to-business electronic commerce network for operating resources, enables buyers and suppliers to automate transactions on the Internet.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 18, 2000
Words:420
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