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Calico Commerce Appoints Andersen Consulting Luminary Joel Friedman to Board of Directors.


Business Editors

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.--(BUSINESS WIRE)--March 7, 2000

Calico Commerce (Nasdaq: CLIC CLIC Centre Local d'Information et de Coordination (French)
CLiC Climate and Cryosphere (World Climate Research Programme project, Norway)
CLIC Compact Linear Collider
CLIC Connecticut Licensing Information Center
), a leading provider of eBusiness applications that enable companies to sell over the Web, today announced the appointment of Andersen Consulting See Accenture.  luminary Joel Friedman, 52, to the company's board of directors. Friedman's appointment increases the Calico board of directors from five to six members.

Friedman brings a wealth of executive management and consulting experience to Calico's board of directors, including work with companies ranging from the Fortune 100 to new start-ups and technology players. Friedman currently serves as a partner in Andersen Consulting Ventures, the venture capital unit of Andersen Consulting, which was developed to help entrepreneurs build companies that can transform industries and, ultimately, generate superior economic returns.

Prior to joining Andersen Consulting ventures, Friedman spent 19 years as a partner of Andersen Consulting, serving as a managing partner, as well as a client partner for some of the firm's largest 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.
 clients. Most recently, he was the global managing partner, Banking and Financial Markets. Friedman specializes in the financial services industries in areas involving competitive strategy, product development, pricing, operations and technology, with a focus on e-Commerce and payments. He joined Andersen Consulting in 1971. He is a frequent speaker at industry conferences and has served as an author on a number of articles and studies, including Vision 2000:The Transformation of Banking, a major study of the industry's future direction.

"Joel's' extensive industry knowledge and proven ability to grow Andersen Consulting's Financial Services practice into a market leader will only benefit Calico's efforts to provide leading eBusiness solutions that enable companies to sell over the Web," said Alan Naumann, 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. , Calico Commerce. "Calico and Andersen Consulting are already teaming to provide leading organizations with electronic commerce software applications that reduce time-to-market for new products and increase 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). . We are pleased to strengthen our alliance with Andersen Consulting by welcoming Joel to our board of directors, and we look forward to leveraging his knowledge and leadership to grow Calico and serve the needs of our expanding customer base."

"I'm very pleased to join Calico's board of directors. Calico has an outstanding reputation and has been a true pioneer in the B2B e-Commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce.  and Net markets segments," said Joel Friedman, partner, Andersen Consulting Ventures, Andersen Consulting. "As a board member, I look forward to working with Calico as they develop solutions that improve organizations' abilities to provide 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.  that are responsive to customers' individual online buying preferences."

About Andersen Consulting

Andersen Consulting is an $8.3 billion global management and technology consulting organization whose mission is to help its clients create their future. The organization works with clients from a wide range of industries to link their people, processes and technologies to their strategies. Andersen Consulting has more than 65,000 people in 48 countries. Its home page address is http://www.ac.com.

About Calico Commerce, Inc.

Calico Commerce, Inc. provides an eBusiness application suite that enables leading corporations to sell products and services over the Internet, through existing channels and within online trading communities An online trading community exists to provide its members with a structured method for trading, bartering, or selling goods or services. These communities often have forums and chatrooms designed to facilitate communication between the members. . Calico's open-standards e-Business applications are customer-focused electronic commerce solutions that match unique customer needs to customized products to drive revenue growth, increase customer satisfaction and achieve competitive advantage. Calico customers include leaders in high-technology hardware, manufacturing, telecommunications services In telecommunication, the term telecommunications service has the following meanings:

1. Any service provided by a telecommunication provider.

2.
, financial services, home furnishings furnishings

the extra type or quantity of hair on the head, tail, ears or legs, specified for a particular breed. For example, the feathers in setters, the beard in Bearded collies, the eyebrows in Schnauzers.
, chemicals, agriculture and retail. Calico Commerce, Inc., headquartered in San Jose, Calif , and can be found on the World Wide Web at www.calico.com.

Except for the historical information contained herein, the matters discussed in news releases contain 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.
 that involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such forward-looking statements. Potential risks and uncertainties are described in detail in public reports filed with the Securities and Exchange Commission such as Calico's Registration Statement on Form S-1 and on Form S-4 in connection with the ConnectInc.com acquisition.
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Publication:Business Wire
Geographic Code:1USA
Date:Mar 7, 2000
Words:660
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