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Bizbuyer.com Launches Private Label Business-to-Business Purchasing Solution Within Staples.com.


Business Editors and High Tech Writers

SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif.--(BUSINESS WIRE)--March 20, 2000

Leading Business-to-Business Marketplace Delivers Premier Quote

Request Service To Small Business Customers through the Staples.com

Business Solutions Center

BizBuyer.com (http://www.bizbuyer.com), the leading online business-to-business RFQ RFQ Request For Quote
RFQ Request For Quotation
RFQ Request for Qualifications (part of a potential client's preliminary selection process)
RFQ Radio Frequency Quadrupole (accelerator technology) 
 marketplace where businesses can buy products and services from a choice of highly qualified suppliers, today announced the launch of its private label purchasing solution within Staples.com (http://www.staples.com), the leading provider of office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work").  on the Internet. One month after the two companies announced a strategic alliance and a ten-percent investment in BizBuyer.com from Staples.com, BizBuyer.com's quote request service was integrated into the Staples.com Business Solutions Center. As part of the strategic partnership, Staples.com is now accessible through the BizBuyer.com Web site as the exclusive office supplies provider.

Beginning today, tens of thousands of Staples.com customers will have access to BizBuyer.com's private label purchasing solution that provides the resources and technology that enables small and mid-size businesses to quickly and efficiently locate qualified vendors, compare customized quotes and make informed purchasing decisions on a wide range of business products and services. The private label business purchasing solution, which is fully integrated and accessible through the Staples.com Business Solutions Center, can be located at http://www.staples.com/solutionscenter.

Through this private labeling agreement, Staples.com business customers can now access over 50 of BizBuyer.com's product and service categories, including BizBuyer.com's proprietary buying guides that educate the buyer before making a purchasing decision. BizBuyer.com's quote request service is an integral part of the Staples.com Business Solutions Center that includes a suite of other business services, including Staples.com hand selected "Click and Buy" partners for business products and services, expert advice, bulletin boards and editorial content. Staples.com users can seamlessly sign up as a BizBuyer.com vendor and access their personal account page to manage all their business product and services needs -- all through the Staples.com Business Solutions Center.

"This strategic partnership with BizBuyer.com further empowers Staples.com and its small business customers," said Jeanne Lewis, president of Staples.com. "It provides them with instant access to thousands of pre-qualified vendors that provide the services a growing business needs to compete in today's market. Adding BizBuyer.com's quote request service to our current suite of business services will create a powerful one-stop destination for all our customers' business needs."

"We are thrilled to have been chosen by Staples.com to power their Business Solutions Center with our private label RFQ system," stated Bernard Louvat, chairman, founder 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 BizBuyer.com. "We've built the most robust quote request service on the Web and private labeling our service is creating significant value to business properties and their customers across the Internet. We look forward to expanding our partnership with Staples.com while delivering a high-quality product to their business customers through their Business Solutions Center."

About BizBuyer.com

Headquartered in Santa Monica, California For other uses, see Santa Monica (disambiguation).
Santa Monica is a coastal city in western Los Angeles County, California, USA. Situated on Santa Monica Bay of the Pacific Ocean, it is surrounded by the City of Los Angeles — Pacific Palisades and Brentwood on the north,
, with offices in Silicon Valley, BizBuyer.com is the leading online business-to-business marketplace that connects buyers and sellers of business products and services. The site provides a marketplace through which small to mid-size businesses can purchase a wide range of business products and services through competitive quotes from thousands of qualified vendors. The BizBuyer.com community currently offers more than 20,000 vendors registered to quote throughout 63 product and service categories that range from computer services Data processing (timesharing, batch processing), software development and consulting services. See service bureau, SaaS and ASP.  and equipment, Internet services and insurance to financial and legal services legal services n. the work performed by a lawyer for a client. , travel and transportation, sales, marketing and creative services Creative Services are a subsector of the creative industries, a part of the economy that creates wealth by offering creativity for hire to other businesses. Examples include:
  • Design and Production agencies
. Since the fall of 1998, BizBuyer.com has raised over $65 million in VC funding from private investors that include Staples.com, Times Mirror Chandler Trust Ventures, CMGI's @Ventures, Redpoint Ventures, eCompanies Venture Group, Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  Dean Witter Dean Witter may refer to:
  • Dean G. Witter (businessman, Co-founder of Dean Witter & Company)
  • Dean Witter Reynolds (brokerage firm, now known as Morgan Stanley)
 Ventures, US Venture Partners, Intel and a host of angel investors that includes eBay's Meg Whitman Margaret C. "Meg" Whitman (born August 4, 1956) has been the President and CEO of the online marketplace eBay since March 1998. Whitman joined eBay when the company had 29 employees and operated solely in the United States; eBay is now a global organization with over 11,000 .

About Staples.com

Staples.com is creating a leading business-to-business electronic marketplace offering a comprehensive solution for all of the office needs of business customers. Staples.com currently provides an electronic marketplace where small, mid-sized and large businesses can procure office products and business services and obtain business information and expert content. Staples.com includes the operations of all three of Staples Inc.'s e-commerce sites, Staples.com, Quillcorp.com and StaplesLink.com.

"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.
" Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: Statements in this press release regarding Staples, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-Q Form 10-Q

See 10-Q.
 for the most recently ended quarter.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 20, 2000
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