CatalogCity.com Selects Vastera's Web-Based, B2B Solutions for Global Trade Management; Leading On-Line Merchandiser to Support 750 Retailers Worldwide.Business Editors/Hi-Tech Writers DULLES, Va.--(BUSINESS WIRE)--March 24, 2000 Vastera, a leading provider of web-based solutions for global trade management, today announced that CatalogCity.com has chosen Vastera's trade management solutions to facilitate expansion into global markets including Japan, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Europe. CatalogCity.com is a leading architect, manager and developer of customized online shopping malls. CatalogCity.com will immediately begin using Vastera's solutions and consulting services to manage the information and processes relating to the movement of products across international borders. "Our strategy is to profitably expand into global markets," said Lee Jay Lorenzen, 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. of Catalog City. "Initially, we will launch the Japanese language version of our CatalogCity.com web site and soon after, CatalogCity.com Europe and CatalogCity.com Latin America. Vastera's solutions are the driving force that will enable us to expand into these markets and generate a positive cash flow." "In the Internet economy, the first player to market usually wins," said Arjun Rishi rishi (rēˑ·shē), n in Sanskrit, one who possesses knowledge. , president and CEO of Vastera. "Our solutions allow Internet leaders like CatalogCity.com to instantly become global players. While they focus on their core competencies, our solutions help them establish competitive advantage through better customer service to their global customers." With the wide range of products offered through thousands of catalogs, CatalogCity.com has the preeminent selection required to make it the most compelling site of its kind. The CatalogCity.com website includes brand name catalogs such as The Sharper Image, Talbots, Neiman Marcus, Bombay, Hammacher Schlemmer, Patagonia, J.Jill, Hickory Farms, Ross-Simons, TravelSmith and Chef's Catalog. About CatalogCity.com Founded in September 1997, and partially funded by Bill Gates and Yahoo! (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 : YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ), among others, CatalogCity.com is the first catalog shopping portal. Through its own destination Web site and its custom mall development, which is distributed via many major portals, CatalogCity.com is a one-stop resource for consumers. Its patent-pending multi-vendor, multi-lingual, multi-currency Merchant Operating System ("CC-MOS") gives consumers around the globe easy access to the world's best products via an integrated single sign-up, single shopping cart, single checkout shopping experience. CatalogCity.com is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. and is headquartered in Pacific Grove, CA. More information can be found by visiting the company's Web site at www.catalogcity.com. About Vastera Vastera's mission is to drive revenue, maximize profitability and establish competitive advantage for our clients by delivering web-based solutions for global trade management. Established in 1992, Vastera has received numerous industry awards recognizing its exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. including, Computerworld Magazine's list of "100 Emerging Companies to Watch in 2000, eCommerce category", the Deloitte & Touche "Fast 500", and the INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . 500. Vastera provides global trade & regulatory data, B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business solutions, management consulting and solution services to clients worldwide including Nortel Networks, Sun, Microsoft, Dell, United States Postal Service, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. Dairy Board, Lucent, Herman Miller, and Motorola. For more information, please visit www.vastera.com. |
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