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Clarification Regarding Creative Planet, Digital River Relationship.


Business Editors

LOS ANGELES--(BUSINESS WIRE)--Oct. 31, 2000

The headline of a news release issued by Digital River over Business Wire yesterday "Creative Planet Outsources e-commerce operations to Digital River" inaccurately characterized the company's relationship with Creative Planet regarding e-commerce.

Creative Planet's essential e-commerce operations are handled internally in close alliance with Commerce One, forming a key component of Creative Planet's business-to-business (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
) strategy.

Digital River simply facilitates online sales and fulfillment ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 of Creative Planet's Movie Magic Budgeting and Scheduling software and is unrelated to Creative Planet's larger e-commerce strategy.

Creative Planet's alliance with Commerce One involves the facilitation Facilitation

The process of providing a market for a security. Normally, this refers to bids and offers made for large blocks of securities, such as those traded by institutions.
 of procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  and commerce transactions within Creative Planet's flagship e-marketplace (also referred to as "Movie Magic Marketplace"), which targets the $100 Billion worldwide film and television production market.

For more information on Creative Planet's e-marketplace solutions, and the company's e-commerce relationship with Commerce One, please contact Sean Conway Sean Conway (born July 24, 1951 in Pembroke, Ontario) was a long-serving politician in Ontario, Canada. He was a Liberal member of the Legislative Assembly of Ontario from 1975 to 2003, and was a high-profile cabinet minister in the government of David Peterson.  at Creative Planet, Inc. (323-634-3506). You may also refer to the news release issued July 17, 2000 at: http://www.creativeplanet.com/about/pr_commerce_one
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Publication:Business Wire
Date:Oct 31, 2000
Words:174
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