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Captura Named to Top 10 List of Internet Business Service Providers; Summit Strategies Names Global Expense Management Provider to Annual List of Best Performing Internet Business Firms.


Business Editors, Technology Writers

KIRKLAND, Wash.--(BUSINESS WIRE)--June 5, 2001

Captura(R), a global provider of Web-based solutions enabling companies to control corporate expense processing costs, was named to Summit Strategies' list of the top 10 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
 business service providers, the company announced today.

In its May 2001 newsletter, Summit Strategies listed Captura as one of the top 10 companies who give the best services and value to their customers, all while offering a product that is completely delivered online.

Summit Strategies based their company selections on the following criteria including their ability to:
-- Attract and retain customers;

-- Develop critical, strategic partnerships;

-- Provide innovative solutions and services;

-- Create effective go-to-market-market channels;

-- Attract ongoing investments; and

-- Earn praise from customers and peers.


Summit Strategies believes that companies they named to this list are emblematic em·blem·at·ic   or em·blem·at·i·cal
adj.
Of, relating to, or serving as an emblem; symbolic.



[French emblématique, from Medieval Latin embl
 of where the software industry is headed. The company based their selections on business-services companies who are "pioneers in developing and delivering on the promise of a truly Web-optimized, software-as-services model."

"In the realm of Web-based solution developers, Captura clearly stands out", said Laurie McCabe, vice president and practice director at Summit Strategies. "Captura's customer roster includes many Fortune 1000 companies, and over 675,000 subscribers, illustrating that its Web-optimized, software-as-services model is being embraced by large as well as smaller companies".

The other companies rounding out the top 10 were diCarta, Eletter, Employease, iemagine, McAfee.com, NetLedger, PlaceWare, salesforce.com and UpShot.

"Captura's inclusion in Summit Strategies' top 10 IBSP IBSP Island Beach State Park (New Jersey)
IBSP Internet Business Service Provider
IBSP In Building Service Provider
 list is an honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft.  and a testament to the strength of our software and our business model," said Dan Vetras, 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 Captura. "From the beginning, we have focused on providing a total expense management system with a solid value proposition to our customers. Summit's research gives a strong validation See validate.

validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements.
 to our mission."

About Captura

Captura is a provider of Web-based solutions enabling global companies to drive costs out of corporate transaction management. Captura's technology platform automates the preparation, approval and processing of procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , travel, entertainment and fleet transactions. At the core of the platform is a powerful, customizable rules-based engine that ensures compliance with purchasing policy and results in appropriate processing and treatment of transactions, regardless of complexity or source. Captura's customers include the world's largest and most respected companies in a wide range of industries, including Adidas, Booz-Allen & Hamilton, Compaq, Ericsson, Ernst & Young, Ford Motor Company, General Motors, Hewlett-Packard, Leo Burnett For the company, see .

Leo Burnett (October 21, 1891 - June 7, 1971) was an advertising executive famous for creating such icons as the Jolly Green Giant, the Marlboro Man, Toucan Sam, Charlie the Tuna, Morris the Cat, the Pillsbury Doughboy, the 7up "Spot", and Tony the
, MasterCard, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis.  and Shell. For more information visit Captura's home page at www.captura.com.

About Summit Strategies, Inc.

Summit Strategies is a leading provider of research and information about the emerging markets, technologies and strategies that will change the rules of competition in the technology industry. Through in-depth analyses of business-to-business Internet-applications hosting, wireless/mobile technologies, portals and e-marketplaces, Summit Strategies helps its clients define, manage and capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the most significant opportunities created by the new digital economy. Established in 1984, Summit Strategies' research reports, one-on-one interactions with senior analysts, and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 help senior executives and strategic planners anticipate, define and capitalize on fast-paced industry shifts.

Summit Strategies is a registered trademark of Summit Strategies, Inc. All other company names may be registered trademarks.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 5, 2001
Words:526
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