Arnold Capstick Joins Internet Commerce Corporation to Head Product Marketing.NEW YORK--(BUSINESS WIRE)--June 21, 1999-- GE Information Services (networking, company) GE Information Services - One of the leading on-line services, started on 1st October 1985, providing subscribers with hundreds of special interest areas, computer hardware and software support, award-winning multi-player games, the most software files in the Executive to Help Expand First Value-Added Network A communications network that provides services beyond normal transmission, such as automatic error detection and correction, protocol conversion and message storing and forwarding. Telenet and Tymnet are examples of value-added networks. on the Internet Arnold B. Capstick, formerly GE Information Services Director of Product Marketing, has joined Internet Commerce Corporation (ICC ICC See: International Chamber of Commerce ) as a senior vice president of product marketing. During his 29-year career with GE Information Services, Mr. Capstick spent 11 years managing the company's EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. *EXPRESS service, helping it grow into the largest electronic data interchange See EDI. (application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce. (EDI) value-added network (VAN), with $125 million in service revenues. Mr. Capstick will be based in Washington, D.C. and be responsible for overseeing all product marketing activities for ICC's CommerceSense(TM), the Company's Internet-based solution for business-to-business electronic commerce (EC)/EDI. CommerceSense, which focuses on facilitating the procurement process (invoices, purchase orders, etc.) of its customers, allows companies to conduct EDI transactions with their suppliers easily, securely and with less expense. Mr. Capstick will also be involved in sales, marketing and promotional activities for CommerceSense. "CommerceSense is the most revolutionary change in the EDI marketplace in years," said Mr. Capstick. "The leading VANs have been adding new TCP/IP TCP/IP in full Transmission Control Protocol/Internet Protocol Standard Internet communications protocols that allow digital computers to communicate over long distances. and Web-enabled services to support their traditional closed-network services, but not until CommerceSense has anyone put the entire trading partner system on the Internet. The system is simple-to-use, will save companies money and will make it easy for small suppliers to begin transacting business electronically with their larger trading partners. Mr. Capstick joined the EDI Services unit of GE Information Services in 1989 as manager of EDI services, ultimately becoming global product manager, EDI marketing. Under his leadership, EDI*EXPRESS grew to include 40,000 trading partners in more than 750 cities worldwide. He initiated service in Europe and the Asia Pacific region and launched new TCP/IP and EDI-to-fax services. He began his GE career in the Honeywell Computer Department in 1967 and moved to GE Information Services in 1975. Prior to heading the EDI division, he was involved with several different aspects of computer hardware and software, systems support and management. "We are pleased that an EDI industry veteran of Arnie's stature has joined Internet Commerce Corporation," said Richard Berman Richard Berman is the executive director of the Center for Consumer Freedom, a food industry-supported nonprofit; executive director of the Center for Union Facts, an organization that is critical of organized labor leaders; and president of the Washington public affairs firm , chairman, Internet Commerce Corporation. "Arnie Capstick is a proven industry leader whose success with EDI*EXPRESS is well-known. We look forward Mr. Capstick's experience, industry contacts and overall market savvy will add greatly to ICC's overall strategic goals." Mr. Capstick is a member of the Electronic Messaging See e-mail and messaging system. Association, DISA 1. (body) DISA - Defense Information Systems Agency. 2. (standard) DISA - Data Interchange Standards Association. X.12 Standards and Product Development Managers Association. About Internet Commerce Corporation Internet Commerce Corporation develops and markets Internet-based products and services to facilitate secure Electronic Commerce (EC) transactions for commercial and governmental markets. ICC's expertise in business-to-business commerce and electronic data interchange (EDI), provides easy-to-use, sophisticated solutions for companies of all sizes for the transmission, encryption, reporting and archiving of all electronic data. CommerceSense is a trademark of Internet Commerce Corporation. This press release is available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Web site at www.kcsa.com. NOTE TO EDITORS: In the service "EDI*EXPRESS" noted in this news release, there is an asterisk between EDI and EXPRESS. This symbol may not appear properly in some systems. |
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