BPImpact Gains Momentum, Customers; Record-Setting Deal Flow Anchored by Growing Need for Supplier Performance Solutions.Business/Technology Editors BOSTON--(BUSINESS WIRE)--May 6, 2002 Open Ratings, the global standard for 360(Degree) Supplier Relationship Management solutions, today announced additional customer wins for its BPImpact solution closed during the past several weeks. Customers recently signing contracts with Open Ratings include: - Commerce One, Inc. (NASDAQ: CMRC), who will further integrate BPImpact into the Commerce One(R)portfolio of business services available on the latest version of CommerceOne.net(TM); - Gunite Corporation, a leading designer and manufacturer of wheel-end components for both the original equipment and aftermarket segments of the heavy-duty truck market. - Juniper Networks (NASDAQ: JNPR), a leading provider of purpose-built systems that meet the scalability, performance, density, and compatibility requirements of rapidly evolving, optically enabled IP networks; - Jernberg Industries, a leader in the manufacture of formed and/or formed and machined products; - Micrel (NASDAQ: MCRL), a leading manufacturer of advanced high-performance analog, mixed-signal and digital IC's; - Microsemi Corporation (Nasdaq: MSCC), a leading manufacturer of discrete semiconductor products; - Plantronics (NYSE: PLT), the leading provider of headsets to telephone companies and the business community worldwide; - Pinnacle Systems (NASDAQ: PCLE), providing cutting-edge digital video creation, storage, streaming and viewing solutions for broadcasters, video professionals and consumers; Open Ratings' BPImpact solution allows buyers to improve supplier relationships, increase efficiencies across supply chains, reduce both hard and soft dollar costs, and mitigate supply chain risk. In addition, the product allows procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. executives to manage the sharing of knowledge about suppliers, materials/commodities, company policies and sourcing. "The opportunity to help customers monitor potential problems within their supply base - particularly during these uncertain economic conditions - continues to resonate res·o·nate v. res·o·nat·ed, res·o·nat·ing, res·o·nates v.intr. 1. To exhibit or produce resonance or resonant effects. 2. loudly with our prospects," said Stan Smith
About Open Ratings Open Ratings, the global standard for 360(Degree) supplier relationship management solutions, helps buyers make informed, confident, and forward-looking transaction decisions, resulting in improved supply base performance, reductions in both hard and soft dollar costs, and mitigation of supply base risk. Based in Boston, Mass., Open Ratings was founded in May 1999 by MIT MIT - Massachusetts Institute of Technology scientists Pattie Maes and Giorgos Zacharia, with Stan Smith, former vice president and general manager of Agile Software. Open Ratings' investors include Ampersand The ampersand (&) normally means "and" as in Jones & Company. However, in the computer world, it is used in various ways. In Windows, it is used as a code to precede an underlined character. Ventures, Atlas Venture Atlas Venture is an international early-stage venture capital firm that invests in communications, information technology, and life sciences companies. Atlas Venture has investing offices in Boston, London, Munich, and Paris, and its investments are evenly divided between the and Dun & Bradstreet (NYSE NYSE See: New York Stock Exchange : DNB DNB Dictionary of National Biography DNB Drum N Bass (music) DNB De Nederlandsche Bank DNB Dun & Bradstreet (stock symbol) DNB Den Norske Bank DNB David Nelson Band ). More information about Open Ratings can be found at www.openratings.com or by calling 1.877.377.6825. |
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