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Buildpoint Wins Cadence ``Show Stopper'' Award At A/E/C Systems 2000; BuildPoint Selected As Only e-Commerce Marketplace to Win CADENCE Award for Moving the Construction Industry Online.


Business Editors & High-Tech Writers

WASHINGTON D.C.--(BUSINESS WIRE)--June 8, 2000

BuildPoint Corp., the leading e-commerce marketplace for the $3.2 trillion construction industry, today announced that it won the Cadence Design Services "Show Stopper Show stopper

A legal barrier, such as a scorched-earth policy or shark repellant system, that firms use to prevent a takeover.


show stopper

A legal barrier to a takeover attempt that is virtually impossible for the suitor to overcome.
" Award for "Companies Making A Difference in the Construction Industry." Cadence Design Services, the leading provider of electronic design automation products and services, made the award presentation at the annual A/E/C A/E/C Architect/Engineer/Contractor  Systems 2000 conference in Washington, D.C. BuildPoint was the only e-commerce marketplace to receive a Cadence Award. The Cadence Award recognizes the unique value BuildPoint brings to the construction industry. A rapidly growing online community, BuildPoint.com is a secure and efficient way for general contractors A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. , subcontractors and suppliers to manage the buying and selling of construction products as well as project bidding.

"In awarding the Show Stoppers This article is about the Garfield and Friends episode. For other uses, see Showstopper.

Show Stoppers is an episode of U.S. Acres from the series Garfield and Friends. It originally aired on October 7, 1989.
 at this year's A/E/C Systems 2000 Conference, CADENCE chose the top ten products/companies that we believe are moving the industry forward," said Arnie Williams, editor in chief of CADENCE Magazine Cadence Magazine is a monthly review of jazz, blues and improvised music published in Redwood, New York by critic/historian Bob Rusch. The magazine covers a range of styles, from early jazz and blues to the avant-garde. The magazine's parent company, Cadnor, Ltd. . "While dot coms dot com - com  and project management extranet companies dominated the show this year, BuildPoint stood out as a company that is taking a leadership role in moving the construction industry online and helping contractors and suppliers improve the efficiency of their business practices."

About Cadence

Cadence is the largest supplier of software products, methodology services and design services used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, consumer electronics and a variety of other electronics-based products. With approximately 5,000 employees and 1999 annual revenue of $1.1 billion, Cadence has sales offices, design centers and research facilities around the world. The Company is headquartered in San Jose San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Calif. Further information may be found on the World Wide Web at http://www.cadence.com.

About BuildPoint

BuildPoint Corp., the leading e-commerce marketplace for the $3.2 trillion construction industry, provides a fast, reliable and secure business-to-business portal where the industry's largest community of contractors and suppliers identify business partners and transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting  business online. BuildPoint.com features the industry's first live Product Marketplace(tm) that enables buyers and sellers to procure and exchange construction products and services, as well as negotiate online. BuildPoint also offers the Project Marketplace(tm) for online bid solicitation management, lead generation and directory services, as well as the Financial Marketplace(tm), an online resource for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
.

More than 10,000 member companies transact business over BuildPoint.com, including over 40 of the Engineering News Record's Top 400 General Contractors. Since the November, 1999 launch of Project Marketplace, BuildPoint has helped to transact more than $6.25 billion in construction dollars.

BuildPoint is privately held. The company is headquartered in Redwood City Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif., with sales offices throughout the country. For more information on BuildPoint, visit www.buildpoint.com or send e-mail to info@buildpoint.com.

BuildPoint is a registered trademark of BuildPoint Corp. BuildPoint Corp. has filed for several trademarks, including BuildPoint.com, Open Trading Platform, Project Marketplace, Product Marketplace and Financial Marketplace.

NOTE TO EDITORS: Copies of previous BuildPoint press releases and additional corporate and product information are available on the Web site www.buildpoint.com.
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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
Geographic Code:1USA
Date:Jun 8, 2000
Words:528
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