Blindsgalore.com Joins BuildNet as a Dealer/Distributor.Business Editors Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C.--(BUSINESS WIRE)--August 10, 2000 BuildNet to Bring Integrated Business-to-Business 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. Capabilities to Blindsgalore.com Via the BuildNet E-Building Exchange BuildNet, Inc., a leading provider of management software to homebuilders, dealers and distributors in the residential construction industry, announced today that Blindsgalore.com(R), a subsidiary of QVDS, Inc., the leading e-commerce retailer of branded special-order window treatments, has joined the BuildNet E-Building Exchange as a dealer/distributor member. Through the agreement, BuildNet will provide Blindsgalore.com with BuildNet technology and software to access and process transactions directly from builders' back-office systems and Web interfaces through the BuildNet E-Building Exchange. Blindsgalore.com should also be able to offer its product catalogs on the BuildNet E-Building Exchange and, using tools provided by BuildNet, build and manage their catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. data, including product photographs, codes, SKU (StockKeeping Unit) The number of one specific product available for sale. If a hardware device or software package comes in different versions, there is an SKU for each one. SKU - stock-keeping unit numbers, and descriptions. As a dealer/distributor member, BuildNet has agreed to provide Blindsgalore.com with continuous brand identification on BuildNet's resource site, located at http://www.buildnet.com . The Blindsgalore.com name and logo will be listed within the dealer/distributor index section of the BuildNet E-Building Exchange, where navigational links to data in the Blindsgalore.com catalog and its own 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 site will be housed. BuildNet's Internet-based E-Building Exchange is scheduled for commercial introduction in 2000. The BuildNet E-Building Exchange should enable participating builders, dealers and distributors to control and automate To turn a set of manual steps into an operation that goes by itself. See automation. Internet-based price and quote requests, and the ordering and delivery of building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . , thereby improving construction planning and efficiency. Through the BuildNet.com Catalog, manufacturers, dealers and distributors should be able to efficiently update product information and introduce new products using highly individualized in·di·vid·u·al·ize tr.v. in·di·vid·u·al·ized, in·di·vid·u·al·iz·ing, in·di·vid·u·al·iz·es 1. To give individuality to. 2. To consider or treat individually; particularize. 3. Internet-based tools, without resorting to traditional, costly paper-based delivery methods. In addition to catalog services, BuildNet also plans to enable dealers and distributors to track inventory, delivery, and payments. "Blindsgalore.com is a leading-edge company that is using technology to deliver quality products to its customers, and we're pleased to have them join the BuildNet E-Building Exchange as a distributor member," said Bob Riefstahl, Vice President of Dealer/Distributor Sales for BuildNet. "Our agreement should benefit Blindsgalore.com by allowing users of the BuildNet E-Building Exchange to view and procure To cause something to happen; to find and obtain something or someone. Procure refers to commencing a proceeding; bringing about a result; persuading, inducing, or causing a person to do a particular act; obtaining possession or control over an item; or making a person products from Blindsgalore.com online and to integrate pertinent PERTINENT, evidence. Those facts which tend to prove the allegations of the party offering them, are called pertinent; those which have no such tendency are called impertinent, 8 Toull. n. 22. By pertinent is also meant that which belongs. Willes, 319. business data into their back-office systems." "Our customers are eager to embrace technology that helps assure quality materials go into the homes they build," said Maurice Nieman, Blindsgalore.com President. "We believe BuildNet will help provide dynamic real-time information about our products and services via the Internet, and ultimately improve our local service to our customers." About Blindsgalore.com Blindsgalore.com, a subsidiary of QVDS, Inc., was launched in January 1999 and now is the leading e-commerce retailer of branded special-order window treatments. The company services the consumer and commercial markets and expects 2000 revenues to grow by a factor of 300% from prior year's levels. Blindsgalore has developed a model that requires no inventory and ships merchandise directly to customers from multiple vendor-operated distribution centers across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , thereby eliminating costs associated with in-house inventory. The Blindsgalore Web site offers enhanced visualization Using the computer to convert data into picture form. The most basic visualization is that of turning transaction data and summary information into charts and graphs. Visualization is used in computer-aided design (CAD) to render screen images into 3D models that can be viewed from all technology, personal design services and online decorating assistance. In the commercial area, the company offers nationwide turn key, design, measuring, supply and installation of custom made window treatments to new homebuilders, retailers, and other commercial end users. For more information about Blindsgalore visit its website at http://www.blindsgalore.com . About BuildNet, Inc. BuildNet, Inc., located in Research Triangle Park, N.C., is a leading provider of management software and e-commerce services to homebuilders, dealers, and distributors in the residential construction industry. BuildNet's objective is to be the business-to-business e-commerce solution for the residential construction industry. To reach that objective, BuildNet has designed the BuildNet E-Building Exchange to provide secure Internet-based procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , e-commerce and information services See Information Systems. for homebuilders, dealers, distributors, and manufacturers. The BuildNet E-Building Exchange will allow users to confirm pricing and product specifications, place purchase orders and add both product and order information automatically to builders', dealers', distributors' management systems. In addition, manufacturers will be able to place product information and catalogs on the BuildNet E-Building Exchange for access by homebuilders, dealers, and distributors. BuildNet is testing the BuildNet E-Building Exchange and expects to initiate a limited market rollout in 2000. BuildNet's aggregated software customer base includes homebuilders that accounted for approximately 43% of 1999 U.S. single-family home closings. Learn more about BuildNet by visiting http://www.buildnet.com . This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . The actual results might differ materially from those projected in the forward-looking statements for various reasons, including BuildNet's limited Internet operating history, the development and rollout of the BuildNet E-Building Exchange and the acceptance of the BuildNet E-Building Exchange by any of BuildNet's existing software customers or any new customers. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in BuildNet's SEC filings, including its Registration Statement on Form S-1. All other trademarks referenced herein are trademarks and/or registered trademarks of their respective companies. |
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