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Clarus Unveils eMarket 3.0, Enhanced Speed to Market and Ease of Integration to Marketmakers.


Business Editors

ATLANTA--(BUSINESS WIRE)--April 9, 2001

Clarus (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
), a leading 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
) e-commerce solution provider for large to medium-sized enterprises (LME See London Metal Exchange.

LME

See London Metal Exchange (LME).
), today unveiled Clarus eMarket(TM) 3.0, the latest release of its award-winning digital marketplace software. The application platform delivers improved customization tools adding speed and flexibility for marketmakers, capabilities significantly simplifying supplier integration and integration with Clarus Auctions(TM)-- thus improving speed to a full service marketplace.

With a few clicks, Clarus eMarket 3.0 "Tap Out" capabilities allow buyers to go outside the marketplace to access approved supplier sites, still enforcing purchasing controls that prohibit maverick spending. The protective barriers are maintained from the point selections from supplier sites and are seamlessly added to the shopping basket within Clarus eMarket. Additionally, Clarus eMarket fully integrates with Clarus Auctions(TM), handing users the ability to make purchases from a flexible dynamic pricing framework, dramatically increasing strategic sourcing capabilities over what is available today from competing product architectures.

"We see a growing demand for private exchanges which will drive the need for ease of supplier integration. 'Tap Out' provides direct access to supplier-managed content, and takes full advantage of additional content sources and a user experience that is intuitive from start to finish," said Steve Hornyak, Executive Vice President for Clarus. "The integration of Clarus Auctions allows purchasing through auctions in the digital marketplace, something that both buyers and sellers are demanding in today's rapidly evolving B2B environment."

Clarus eMarket is built on the Microsoft .NET See .NET.  platform, an ideal technology for LMEs because of its inherent cost efficiencies and lower total cost of ownership. The 3.0 release leverages Microsoft BizTalk, the latest and most advanced integration framework for web-based applications. BizTalk significantly eases integration of purchase orders and other documents with back office systems and allows translation of documents into other formats. Catalog content in an XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
, cXML or any other format is quickly transformed, resulting in reduced effort and decreased expenses for suppliers who can leverage legacy work to be ported to other e-commerce platforms. The speed, predictability and ease of implementation results in significant cost savings and minimizes IT investment risk factors.

Clarus eMarket 3.0 includes additional enhancements that step up the value proposition for marketmakers, buyers, and suppliers. The Software Development Kit (SDK (Software Developer's Kit) See developer's toolkit and Windows SDK.

SDK - Software Developers Kit (or "Software Development Kit").
) provides maketmakers with "out of box" tools to easily extend the functionality and services offered in their marketplaces. Built-in online tutorials, a streamlined enrollment process and enhanced search capabilities provide end-users and administrators with an intuitive user experience.

About Clarus

Atlanta-based Clarus Corporation (www.claruscorp.com; NASDAQ: CLRS), a leader in business-to-business (B2B) e-commerce, provides B2B 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 that exploit the global marketplace of the Internet to manage corporate purchasing and enable digital marketplaces. Clarus solutions provide a complete online procurement solution from sourcing to procurement to payment settlement. Clarus delivers open, interoperable software solutions designed to make transacting business online more efficient for its customers. Clarus solutions are built on the latest Microsoft technology platforms and were recognized for technology excellence by being named 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 Corporation, Gjensidige NOR Gjensidige NOR was a Norwegian bank and insurance company that was in existence between 1999 and 2003. The company was created when the two savings banks Sparebanken NOR (bank) and Gjensidige (insurance) were merged in 1999. , MasterCard International, MetLife, Parsons Brinckerhoff Parsons Brinckerhoff (PB) is a planning, engineering, program and construction management organization. The company has been involved in planning and designing some of the world's largest public works projects, such as Boston's Big Dig, Britain's rail system Network Rail; , Smurfit-Stone Container Smurfit-Stone Container Corporation (NASDAQ: SSCC) is an American paperboard and paper-based packaging company based in Chicago, Illinois. It has approximately 38,600 employees.

Smurfit-Stone was formed in 1998 as a result of the merger between Jefferson Smurfit Corp.
 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.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 9, 2001
Words:661
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