Arizona Business Groups Launch E-Commerce Marketplace Powered by PurchasePro.com.Business Editors/High-Tech Writers PHOENIX--(BUSINESS WIRE)--Sept. 14, 2000 EChamberBiz.com will Allow Approximately 4,000 Arizona-Based Businesses to Actively Buy and Sell to the 25,000-Plus Businesses on the PurchasePro.com Exchange The Greater Phoenix Chamber of Commerce and their government procurement Government procurement, also called public tendering, is the procurement of goods and services on behalf of a public authority, such as a government agency. With 10 to 15% of GDP in developed countries, and up to 20% in developing countries, government procurement accounts division, BidSource, along with affiliates - Greater Phoenix Black, North Phoenix and South Mountain/Laveen Chambers of Commerce - today announced the launch of EChamberBiz.com, a new e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. marketplace that will allow their 4,000-plus members to buy and sell to tens of thousands of customers around the world. PurchasePro.com (Nasdaq: PPRO PPRO Personal Public Relations Officer (Church of Scientology) ), a leading enabler of business-to-business e-commerce for companies of all sizes, will power this new marketplace. EChamberBiz.com will automate To turn a set of manual steps into an operation that goes by itself. See automation. the entire procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. process, bringing businesses across the state and beyond, together with their strategic buyers and suppliers. PurchasePro.com's e-commerce technology will enable businesses throughout the state to transmit requests for quotes (RFQs), create purchase orders, archive data and facilitate payments in an easy-to-use, browser-based system. The marketplace is also accessible 24 hours a day, seven days a week from virtually any Internet connection. "We selected PurchasePro.com's e-MarketMaker solution to power our exchange because of its unique ability to deploy a browser-based marketplace," said Valerie Manning, president and chief executive officer of the Greater Phoenix Chamber of Commerce. "We are allowing all of our members to connect instantly without having to incur To become subject to and liable for; to have liabilities imposed by act or operation of law. Expenses are incurred, for example, when the legal obligation to pay them arises. An individual incurs a liability when a money judgment is rendered against him or her by a court. expensive software installment fees." "PurchasePro.com and the Greater Phoenix Chamber are at the forefront of e-commerce in Arizona and this new marketplace is the culmination of our strategy in this region," said Matt Yost, vice president of strategic development for PurchasePro.com. "By automating the day-to-day procurement process, we are allowing buyers and suppliers to facilitate e-commerce across diverse industry segments." About the Greater Phoenix Chamber of Commerce EChamberBiz.com is a registered program of the Greater Phoenix Chamber of Commerce. Established in 1888 and representing nearly 4,000 companies with 400,000 employees, the Greater Phoenix Chamber is Arizona's oldest and largest chamber. It now boasts affiliations with BidSource, a government procurement program, the Greater Phoenix Black, North Phoenix and South Mountain/Laveen Chambers of Commerce. The Chamber supports the growth and development of business and the quality of life of our community, champions the voice of business in government, and keeps businesses informed, connected and prosperous. About PurchasePro.com PurchasePro.com, Inc. (Nasdaq: PPRO) is a leading enabler of business-to-business e-commerce for businesses of all sizes and powers approximately 160 private-labeled marketplaces encompassing more than 25,000 businesses. With the fastest e-marketplace products in the industry, such as e-Procurement, v-Distributor and e-MarketMaker, the company takes private labeled marketplaces operational in 45 days or less. PurchasePro.com's highly scalable, browser-based solutions enable businesses of any size to easily buy and sell products and services across marketplaces through the company's active marketplace-to-marketplace (m2m) connectivity. With the industry's only complete buyside/sellside solution, PurchasePro.com adds an effective new sales channel to any company, in addition to streamlining online procurement efforts. Strategic alliances with industry leaders such as America Online See AOL. , Computer Associates, Sprint Corp., Hilton, and Office Depot Office Depot (NYSE: ODP) is one of the world's leading suppliers of office products and services. The Company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, , Inc. are instrumental to building the company's customer base of large, midsized and small businesses. For information, visit www.purchasepro.com. This press release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which are subject to the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " created by Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements (which involve the company's plans, beliefs and goals, refer to estimates or use similar terms) involve certain risks and uncertainties, including the risks and uncertainties associated with rapidly changing technologies such as the Internet, the Internet, the, international computer network linking together thousands of individual networks at military and government agencies, educational institutions, nonprofit organizations, industrial and financial corporations of all sizes, and commercial enterprises risks of technology development and the risks of competition that can cause actual results to differ materially from those in the forward-looking statements. The company undertakes no obligation to revise or publicly release the results of any revision to these forward-looking statements. For more information about these risks and uncertainties, see the SEC filings of PurchasePro.com, Inc., including the section entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: "Factors That May Affect Results" in its 10-K filing for the period ended December 31, 1999 and its 10-Q for the quarter ended June 30, 2000, which is available from the company on request and on the Internet at the SEC's Website, www.sec.gov. NOTE TO EDITORS: PurchasePro.com is a trademark of PurchasePro.com, Inc. All other trademarks or registered trademarks are the property of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion