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Clareon Chairman and CEO Named a Finalist for Mass eComm 10; Paul Walsh Named One of Twenty Finalists for the Coveted Leadership Award.


Business/Technology Editors

Clareon Corporation, provider of the only bank-neutral, electronic payment service enabling secure, information-rich, business-to-business transactions, today announced that Chairman 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.  Paul Walsh Paul Anthony Walsh (born 1 October 1962 in Plumstead, London) was a diminutive and pacy centre forward who shot to fame in the 1980s after joining Liverpool. Playing career
Charlton Athletic
 has been named a finalist for the Mass eComm 10 Awards, an annual distinction given to those who have made a significant contribution to eCommerce in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. . As a finalist, Walsh joins senior executives from some of the leading companies in the region that were chosen this year, including SpeechWorks, Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. , Groove Networks Groove Networks is a software company based in Beverly, Massachusetts. Founded by Ray Ozzie, the creator of IBM's Lotus Notes application, the privately held company specializes in productivity software that allows multiple users to work collaboratively on computer files , Progress Software, WebCT and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) .

Clareon has ventured to perfect commerce through innovation. To this end, Clareon's seasoned team of professionals, led by Walsh, has delivered on its vision of creating an electronic payments network of companies capable of transacting business in a more efficient, profitable and secure manner. Clareon's market-leading PayMode(TM) now brings the value and business-enhancing benefits of electronic payments to thousands of companies and government organizations nationwide.

"Savvy Savvy® Gynecology A contraceptive vaginal gel that ↓ transmission of STDs–eg, HIV, chlamydia, gonorrhea. See Contraceptive. , strategic use of e-business is the single biggest differentiator for a thriving company in a world that has been reshaped by the Internet," said Thomas Hopcroft, president of Mass eComm. "The Mass eComm 10 shines a spotlight on business and technology leaders with a focus on winning ideas, best practices and real applications of successful e-business strategies."

Clareon recognizes that making and receiving payments are business activities performed by every company, regardless of size or industry, where a real opportunity exists to strengthen supply chains, enhance cash flow, mitigate risk and reduce costs. Clareon's PayMode enables businesses to send and receive electronic payments, along with rich remittance Money sent from one individual to another in the form of cash, check, or some other manner.

Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance.


REMITTANCE, comm. law.
 information, to and from suppliers and customers, providing the efficiency and cost-effectiveness today's commerce demands as well as the predictability and certainty that enhances competitiveness, profitability and business performance.

"With its commitment to promoting global electronic commerce as well as to providing added visibility for the electronic commerce industry in New England, Mass eComm has become a driving force in the growth of business in this region. As such, I am honored to represent Clareon as a finalist among such an impressive group of business leaders," said Walsh.

About Clareon Corporation

Clareon's market-leading PayMode(TM) enables businesses to send and receive electronic payments, along with rich remittance information, to and from suppliers and customers, providing enhanced business performance. PayMode works seamlessly with any bank and integrates quickly and easily with any ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  system or accounting software. Clareon also ensures that its customers realize value quickly by signing up their suppliers, vendors, service providers and customers on their behalf with its proven Accelerated Enrollment Program. PayMode lowers payment costs, creates a more efficient business process, strengthens relationships with suppliers and customers, and enables more effective management of working capital. Thousands of companies and government organizations comprise Clareon's growing network of PayMode users, including more than 85 Fortune 500 enterprises. Clareon is headquartered in Portland, Maine Portland is the largest city in the U.S. state of Maine, with a 2004 population of 63,882. Portland is Maine's cultural, social and economic capital. Tourists are drawn to Portland's historic Old Port district along Portland Harbor, which is at the mouth of the Fore River and part . For more information on Clareon, visit www.clareon.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 26, 2002
Words:483
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