Cardonet Partners With RightWorks to Provide Technology Behind Next-Generation Content Management and Supplier Enablement Solution.Business and High Tech Editors eB2B MarketplaceWorld 2000 SAN FRANCISCO--(BUSINESS WIRE)--Sept. 18, 2000 - Cardonet to Automate the Capture, Preparation, and Maintenance of Supplier Catalogs - Cardonet, Inc., the definitive provider of catalog content management solutions for business-to-business e-marketplaces, announced today that it will partner with RightWorks, a partner company in the Internet Capital Group network (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ICGE) and a leading provider of next-generation e-business applications, to provide technology for RightWorks' e-business content management and supplier enablement Supplier Enablement is the process of electronically connecting suppliers (or other trading partners) to a company's supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company's back-office systems to exchange critical business solutions. The announcement was made as part of the introduction of RightWorks Universal Content Manager(TM). "The RightWorks eMarketplace Suite is an open, highly tailorable solution that gives net market makers the ability to offer their e-marketplace participants a broad selection of differentiated services Offerings that can be classified by type, or quality, of service. For example, a differentiated services network could prioritize real time traffic for a higher fee. within a secure environment," said Mary Coleman, RightWorks 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. . "Our partnership with Cardonet enables us to offer more efficient, cost-effective solutions and addresses an area of e-business - supplier enablement - that is often overlooked but of prime importance for fueling the growth of online trade." Cardonet Content Factory(TM) will integrate with the RightWorks content management and supplier enablement solution to automate the capture, preparation and maintenance of supplier catalogs in e-marketplaces. Cardonet Content Factory enables new market makers, industry consortia, distributors and other developers of multi-vendor e-commerce hubs to control the content management process, while reducing the cost of aggregating, normalizing, structuring and publishing a fully integrated, well-organized and up to date product database. Cardonet Content Factory is a core element in Cardonet's e-Catalog Automation Platform, which allows suppliers, marketplaces, and buyers to more efficiently conduct online commerce. "We're very excited to be recognized by RightWorks as a best-in-class partner as it further demonstrates our leadership position," said Itay Meiri, CEO of Cardonet. "This unique offering from RightWorks gives net market makers an easier and faster way to launch and maintain successful trading exchanges." About Cardonet, Inc. Founded in 1997 and headquartered in Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif., Cardonet, Inc., (www.cardonet.com) combines unmatched expertise with superior technology to provide the definitive catalog content management solution for business-to-business e-marketplaces. Cardonet enables e-marketplaces to create and maintain transactive catalogs that enhance the buyer's experience and increase marketplace transactions, resulting in repeat customers and reduced time-to-market. Cardonet's growing list of leading customers and strategic partners include Ariba, Asera, Consolidated Commerce, CrossCommerce, Epylon, Escalate, idapta, ProductSuccess, and Wiznet. Privately held, Cardonet is funded by leading venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] including Sequoia Capital Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. The firm's partners include Don Valentine, Pierre Lamond, Michael Moritz, Doug Leone, Mike Goguen, Mark Stevens, Jim Goetz, Sameer Gandhi, Roelof Botha, and Mark Kvamme. , Giza GE Capital, and Yozma Venture Capital. About RightWorks RightWorks Corporation (www.rightworks.com) is a partner company in the Internet Capital Group (NASDAQ: ICGE) network and a leading provider of next-generation e-business applications. Founded in 1996, RightWorks is a pre-IPO company with $54 million venture funding from ICGE and Sequoia Capital. Based 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., RightWorks' more than 250 employees are focused on delivering customer value from locations in 10 countries across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Asia, and throughout Europe. With a customer base growing by more than 300% in the last six months, RightWorks customers include corporate accounts across industries such as finance (Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank, BankOne, Silicon Valley Bank), technology (Applied Materials Applied Materials, Inc. NASDAQ: AMAT (HKSE: 4336 ) is the global leader in nanomanufacturing technology solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel solar displays, solar , Juniper Networks, Fujitsu), and services industries (CSC, ePeople). RightWorks also powers leading e-marketplaces including VerticalNet, Network Commerce, eMerge Interactive, FacilityPro, and others. |
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