Biz2Biz.com Partners With Commerce One to Deliver First E-Collaborative and Trading Portal for Manufacturing Industry.Business Editors/High-Tech Writers PLEASANTON Pleasanton, city (1990 pop. 50,553), Alameda co., W Calif., a suburb of the San Francisco–Oakland area, in a vineyard and dairy region; inc. 1894. Wine and cheese are produced, and there are publishing and stone-quarrying industries. and IRVINE, Calif.--(BUSINESS WIRE)--May 1, 2000 Biz2Biz.com, the first horizontal e-collaborative and trading portal for manufacturing, today announced that it had signed a letter of intent with Commerce One, Inc. (Nasdaq:CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ), the leader in global 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. solutions for business, to provide e-procurement functionality for Biz2Biz.com's Commerce Center. Under the terms of the definitive agreement which the parties expect to sign shortly, Biz2Biz.com Commerce Center customers will have the ability to leverage Commerce One MarketSite to buy or sell products and services worldwide. The Biz2Biz.com site will be open to manufacturers across a variety of industries, as well as their suppliers and their customers, allowing them to collaborate and trade globally while greatly increasing speed, reach and efficiency. "Bringing Biz2Biz.com and Commerce One together provide manufacturers with a tremendous opportunity to improve their overall ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ," stated Jeffrey Richards Rich·ards , Dickinson Woodruff 1895-1973. American physician. He shared a 1956 Nobel Prize for developing cardiac catheterization. , president and COO (Cell Of Origin) See mobile positioning. , Biz2Biz.com. "This partnership brings experience and expertise to deliver top quality performance for our customers." Biz2Biz.com, as an enabling platform, is the first horizontal e-collaborative and trading portal for manufacturers, designed to help companies build their businesses online. The site provides opportunities to expand into global markets by enhancing communications and simplifying the global trading process. By leveraging the Commerce One Solution, consisting of Commerce One BuySite(tm) Portal edition with access to Commerce One MarketSite(tm), Biz2Biz.com customers are offered a complete suite of integrated trading services for buyers, suppliers and 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 market makers. "Biz2Biz.com and Commerce One are making it simple for manufacturing companies to actively participate in the largest trading network in the world," said Chuck Donchess, executive vice president and chief strategy officer for Commerce One. "By leveraging Commerce One MarketSite, Biz2Biz.com customers can connect and interact with this global community and use the power of the Internet to aggregate buyers and suppliers." Biz2Biz.com is currently in negotiation with leading software and technology organizations to join the marketplace. Commerce One BuySite Portal Edition is a version of the Commerce One BuySite(tm) e-procurement application that is available in an Internet hosted environment enabling small to mid-size businesses to access the service with just a web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . Commerce One MarketSite Global Trading Portal, the U.S. portal for exchanging goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. among businesses worldwide, provides features and services including hosted trading applications, auction services, Trade Zones for interaction with other e-marketplaces and advertising capabilities. Built with the Commerce One MarketSite Portal Solution 3.0, Commerce One MarketSite is an established e-commerce portal that offers a complete suite of integrated trading services for buyers, suppliers and Internet market makers. About Commerce One Commerce One (Nasdaq:CMRC) is the leader in global e-commerce solutions for business. Through its products, portals, and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. The Commerce One Global Trading Web(tm) is the world's largest business-to-business trading community. Comprised of many open e-marketplaces, the Global Trading Web provides unprecedented economies of scale for buying organizations, suppliers, and service providers worldwide. Commerce One is located in Pleasanton, and can be reached by phone at 800/308-3838 or 925/520-6000 or via the Internet at http://www.commerceone.com/. About Biz2Biz.com Biz2Biz.com is the first horizontal collaborative and trading portal for manufacturers, designed to help companies build their business online. Focusing on small and medium-sized manufacturing businesses in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Asia and Japan, Biz2Biz.com brings innovative Internet technologies and network applications that automate To turn a set of manual steps into an operation that goes by itself. See automation. transactions and the flow of information and work between buyers, sellers and co-workers. The site provides opportunities to expand into global markets by enhancing communications and simplifying the global trading process. Biz2Biz.com provides manufacturers with a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. location for all search, support, collaboration Working together on a project. See collaborative software. and transactions. Launching April 2000 for beta customers, Biz2Biz.com will allow small to medium-sized manufacturers to interact with customers, suppliers and partners more dynamically than ever before. For more information, visit www.biz2biz.com. Forward Looking Statements Certain statements made in this press release by Commerce One are not historical facts but are "forward looking statements" and may involve risks and uncertainties which could cause actual future results to differ materially and adversely from those anticipated by such statements. Included among the factors that could affect Commerce One's performance are: general economic conditions; fluctuations in operating results; its ability to effectively manage future growth, to retain and efficiently integrate its executive management team, and to identify, hire, train and retain, in a highly competitive market, individuals highly skilled in the Internet and its rapidly changing technology; significant revenue concentration in a limited number of clients etc. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended Sept. 30, 1999. Note to Editors: Commerce One, Many Markets. One Source., Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. Development Kit, XML Commerce Connector, MarketView, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. All other company, product, and brand names are trademarks of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion