Bidder's Edge Named to InformationWeek E-Business 100 List; Online Auction Portal Recognized for Achieving Overall Excellence in its E-Business Initiatives.BURLINGTON Burlington, town, Canada Burlington, town (1991 pop. 129,575), SE Ont., Canada, on Lake Ontario. First settled (1798) by Mohawk Loyalist Joseph Brandt, Burlington's economy was built on the shipment of wheat, lumber, and quarried rock by waterway. , Mass.--(BUSINESS WIRE)--Dec. 13, 1999-- Bidder's Edge (www.biddersedge.com), the award-winning Adj. 1. award-winning - having received awards; "this award-winning bridge spans a distance of five miles" auction portal, today announced that it has been named to InformationWeek's E-Business (Electronic-BUSINESS) Doing business online. The term is often used synonymously with e-commerce, but e-business is more of an umbrella term for having a presence on the Web. 100 List. The 100 companies included in the list are considered by InformationWeek and Hurwitz Group, Inc., a consulting and research firm specializing in strategic e-business and IT initiatives, to be the most innovative practitioners of e-business in the new economy. The E-Business 100 is the first time InformationWeek has recognized companies achieving overall excellence in e-business initiatives. Several hundred nominations were assessed and evaluated by analysts from Hurwitz Group as well as InformationWeek researchers and editors. Hurwitz Group specifically reviewed these companies' e-business strategies for their ability to execute their vision and meet objectives, the level of business and technology integration, as well as overall innovation in e-business. "Bidder's Edge is delighted to be included in InformationWeek's prestigious list of leading e-businesses," said James Carney car·ney n. Informal Variant of carny. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bidder's Edge. "The Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the is a competitive marketplace and recognition such as this validates our business strategy and objectives. As the Internet and 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. continue to proliferate pro·lif·er·ate v. To grow or multiply by rapidly producing new tissue, parts, cells, or offspring. , the need for portals such as Bidder's Edge, which help buyers make sense of the online auction chaos, will be even more essential." "All companies making the E-Business 100 exemplify ex·em·pli·fy tr.v. ex·em·pli·fied, ex·em·pli·fy·ing, ex·em·pli·fies 1. a. To illustrate by example: exemplify an argument. b. three overarching o·ver·arch·ing adj. 1. Forming an arch overhead or above: overarching branches. 2. Extending over or throughout: "I am not sure whether the missing ingredient . . . characteristics essential to e-business success--strong leadership, business vision and the capability to execute on strategy," said Judith Hurwitz, president and CEO of Hurwitz Group. "The ultimate goal of e-business is to seamlessly integrate a company's interaction with customers, employees and partners," said Fern Halper, director of Hurwitz Group's e-Business Applications practice. "It's a huge transformation, involving almost every area of the organization. This list is a chance to recognize those companies who have made significant progress in one or more of these areas." About Bidder's Edge Bidder's Edge, Inc., founded in April 1997 and headquartered in Burlington, Mass., is the leading online auction portal. It is the first online auction site designed to provide the buyer with the auction market intelligence needed to make educated bids. Bidder's Edge aggregates 4.6 million items listed at leading person-to-person and merchant online auction sites, providing bidders with tools to find items quickly and easily as they become available for auction, micro-categorization to speed item searches and historical pricing to make informed bids. Bidder's Edge was named one of 1999's `Top 100 Web Sites' by PC Magazine and a leading auction Web site by Internet Cool Guide. About Hurwitz Group Hurwitz Group, a consulting and research firm providing advice and assistance with e-business and IT initiatives, is recognized for its close working relationships with clients and a focus on business realities. Hurwitz Group clients include Fortune 2000 IT organizations as well as business-to-business software and services vendors. Hurwitz Group strategists leverage research from the company's knowledge centers to provide clients with a range of services, including market development and positioning strategies, enterprise technology strategies, and custom consulting. About InformationWeek InformationWeek is the leading media brand for people who drive business innovation powered by technology. Acting as an intelligent browser browser Software that allows a computer user to find and view information on the Internet. The first text-based browser for the World Wide Web became available in 1991; Web use expanded rapidly after the release in 1993 of a browser called Mosaic, which used , InformationWeek guides people who buy, build, and manage technology in business through news, analysis, and research, and provides a forum for face-to-face discussion. InformationWeek's editorial point of view focuses on the interplay in·ter·play n. Reciprocal action and reaction; interaction. intr.v. in·ter·played, in·ter·play·ing, in·ter·plays To act or react on each other; interact. between technology, business transformation, and customer value. InformationWeek extends this editorial mission across its integrated media platform: InformationWeek Magazine, which reaches 400,000 IT decision-makers; InformationWeek.com, the Web site; InformationWeek Daily, a BPA-audited E-mail news service; InformationWeek Events and InformationWeek Research. About CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information Media Inc. CMP Media Inc., a subsidiary of United News & Media plc (Nasdaq: UNEWY), is the leading high-tech media company providing essential information and marketing services to the entire technology spectrum--the builders, sellers and users of technology worldwide. With its portfolio of newspapers, magazines, custom publishing, Internet products, research, consulting and conferences, CMP is uniquely positioned to offer marketers comprehensive, integrated solutions tailored to meet their individual needs. Online editions of the company's print publications, along with products and services created exclusively for the Internet, can be found on CMPnet at http://www.CMPnet.com All product or service marks mentioned herein are those of their respective owners. |
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