Clarus Signs Agreement With Tech 1 Group To Become First Global Procurement Provider to Enlist National Reseller in Chile.Business Editors/High Tech Writers ATLANTA and SANTIAGO, Chile--(BUSINESS WIRE)--April 26, 2001 Tech 1 Group Becomes First Chilean Company to Introduce Total Range of e-Procurement Solutions to One of South America's Most Lucrative Economies Clarus Corporation, (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 : CLRS CLRS Center for Labor Research and Studies CLRS Central Launch and Recovery Section CLRS Claims Legal Research System ) today announced a reseller agreement with Chilean holding firm Tech 1 Group to introduce the Company's full complement of license and subscription-based, e-commerce solutions to one of South America's most lucrative markets. Prior to this agreement, e-procurement options in Chile were limited to a handful of general marketplaces operated by global providers with no Chilean expertise. Tech 1 Group is set to offer the Country's first enterprise-specific procurement solution. The agreement calls for Tech 1 Group to promote, sell and support Clarus(TM) e-commerce solutions, targeting the large and medium enterprise (LME See London Metal Exchange. LME See London Metal Exchange (LME). ) market. Tech 1 Group currently provides professional and application support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to over 200 Chilean corporations in a wide variety of industries, including: financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , health care, telecommunications and manufacturing. "Tech 1 Group has a history for introducing to the Chilean market innovative technology solutions that bring an impressive ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). to their clients," said Steve Hornyak, Clarus executive vice president and general manager for the Americas. "Customers will clearly benefit from Tech 1's ability to provide Chile's only company-specific e-procurement services with a single point of accountability for planning, designing, implementing, managing, and supporting these and other e-commerce applications." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Tech 1 Group, approximately 5 percent of Chile's 500 largest companies have an e-procurement initiative underway. Until now, the only option for those companies was general electronic marketplaces. The Clarus-Tech 1 Group alliance will provide Chilean businesses with the ability to utilize company-specific e-procurement solutions. "We look forward to working with our long-time partners and establishing new relationships with Chilean companies This is a list of Chilean companies by field of operation. Media
About Tech 1 Group The holding company comprised of the companies Sybase IT Solutions, e-Tech and MC Support facilitates the incorporation of advanced technological solutions in Chilean companies by working with customers to define their real business needs and searching for appropriate solutions for each and every business. About Clarus Atlanta-based Clarus Corporation (www.claruscorp.com; NASDAQ: CLRS), a leader in business-to-business e-commerce, provides procurement software Procurement software is business software that helps to automate the purchasing function of organizations. Activities including raising and approving purchase orders, selecting and ordering the product or service, receiving and matching the invoice and order, and paying the bill is and trading services for the Internet's global marketplace to manage corporate purchasing and enable digital trading platforms. Clarus offers a complete online procurement platform, from sourcing to procurement to payment settlement, delivering open, interoperable software designed to make transacting business online more efficient. Clarus products are built on the latest Microsoft technology platforms and Clarus eMarket(TM) was recognized as the Microsoft Global eCommerce Solution of the Year. Clarus solutions are being deployed at customer sites including Burlington Northern Santa Fe Santa Fe, city, Argentina Santa Fe, city (1991 pop. 341,000), capital of Santa Fe prov., NE Argentina, a river port near the Paraná, with which it is connected by canal. Corp., Comcast Corp., Gjensidige NOR, MasterCard International, MetLife, Parsons Brinckerhoff, Smurfit-Stone Container Corporation and Wachovia Corporation. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risks including that the benefits expected by the company as a result of this announcement may not occur. Clarus and Clarus eMarket are trademarks of Clarus Corporation. Throughout this release, software and hardware products are mentioned by name. In most if not all cases, these product names are claimed as trademarks by the companies that manufacture the products. It is not our intention to claim these names or trademarks as our own. |
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