Clarus eMarket Selected to Power Deloitte & Touche Digital B2B Marketplace Initiative; Central Europe's Largest B2B Exchange To Go Live in First Quarter 2001.Business Editors ATLANTA--(BUSINESS WIRE)--Nov. 27, 2000 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 ), 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 software solution provider, today announced an agreement with Deloitte & Touche to power CEprocurement.com, an Internet-based digital marketplace. Deloitte & Touche Central Europe Central Europe is the region lying between the variously and vaguely defined areas of Eastern and Western Europe. In addition, Northern, Southern and Southeastern Europe may variously delimit or overlap into Central Europe. has chosen Clarus Corporation to provide the software platform for this Central European business to business exchange. CEprocurement.com will be the first regional B2B exchange of its kind, initially focusing on Hungary, Poland and the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. . It will provide a fully localized purchasing and procurement marketplace, offering a wide portfolio of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. including office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). , recruitment services, maintenance and repair items, car rentals and travel services. "We chose Clarus Corporation's eMarket(TM) software primarily because of its open technology standards and the product's ability to meet CEprocurement.com's demanding requirements. Clarus has a clear vision and appreciation for our marketplace," said Azam Sher, Partner, Deloitte & Touche. Clarus provides a comprehensive suite of B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. solutions, including Clarus eProcurement and Clarus eMarket. The Clarus solutions are built exclusively to take advantage of the latest Microsoft Windows DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. technologies to deliver reliability, scalability and cost performance advantages essential for e-commerce solutions. "We are excited about the prospects for B2B exchanges across Central and Eastern Europe The term "Central and Eastern Europe" came into wide spread use, replacing "Eastern bloc", to describe former Communist countries in Europe, after the collapse of the Iron Curtain in 1989/90. . The success of current B2B exchanges in North America and parts of Western Europe is driving the development of new regional marketplaces - we will see many more like these in the coming months. All businesses want to gain from the cost efficiencies associated with online procurement and exchange," added David Edwards, managing director, Clarus Corporation, EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. . Buyer members of CEprocurement.com will come from the top 1500 corporations in the Central European region. It is estimated that they will enjoy cost efficiencies of 20-30% through group purchasing, leveraging strategic sourcing resources and e-Procurement technologies. Suppliers will benefit through access to an expanded regional internet-enabled customer base growing in the region. A recent Business Central Europe report has predicted that the B2B exchange market in Central Europe is set to grow exponentially in the next five years, with Poland, Hungary and the Czech Republic at the forefront of this rapid development. About Deloitte & Touche Deloitte & Touche Central Europe is one of the region's leading professional services firms, delivering world-class audit and advisory, tax and legal, management consulting, and financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . Our 2000 + professionals in 17 countries serve many of Central Europe's largest national enterprises, multinational corporations, public institutions, and successful growth companies. Deloitte & Touche Central Europe delivers seamless, consistent services wherever our clients operate by utilising the latest technology and being industry focused. Our local and international specialists possess comprehensive knowledge of key industry sectors, including communications, consumer business, financial services, manufacturing, and resources, energy and infrastructure. Deloitte & Touche Central Europe is part of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. , a global leader in professional services with more than 90,000 people in over 130 countries. About Clarus Corporation Atlanta-based Clarus Corporation (www.claruscorp.com; NASDAQ: CLRS), a leader in business-to-business (B2B) e-commerce, provides B2B procurement software and trading services that exploit the global marketplace of the Internet to manage corporate purchasing and enable digital marketplaces. ClarusNet(TM), a fully managed service portal, provides a comprehensive range of critical trading services such as payment settlement, supplier enablement, auctions, integration, and analytics. Designed to provide unprecedented interoperability, ClarusNet enhances the value and speeds delivery of any B2B trading platform including Clarus(TM) eProcurement and Clarus eMarket(TM). Clarus solutions are being deployed at customer sites including Burlington Northern Santa Fe Corp., Cinergy, Comcast Corporation, AvidXchange, HispanB2B, Gjensidige NOR, MasterCard International, MetLife, Parsons Brinckerhoff, Perot Systems and Wachovia. 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, Clarus eMarket and ClarusNet 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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