Clarus eProcurement Chosen by Perot Systems for Worldwide Deployment.ATLANTA--(BUSINESS WIRE)--Oct. 26, 1999-- Leading electronic procurement vendor selected to streamline Perot Systems annual MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. spending Expanding marketshare in electronic procurement, Atlanta-based 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 ), will provide the Clarus(tm) eProcurement solution to Perot Systems Corporation (NYSE NYSE See: New York Stock Exchange :PER) for immediate worldwide deployment. Perot Systems, a leader in business consulting and information technology solutions will deploy Clarus(tm) eProcurement to its more than 7,000 employees to streamline organizational purchasing and gain control of operational resources. Perot Systems designs and implements customizable, reliable systems for customers in health care, finance and other industries. Perot Systems selected Clarus(tm) eProcurement for its technological capability and functionality in organizational purchasing systems after an extensive evaluation of leading procurement vendors. "We were looking for an electronic sourcing solution that allows us to create a real time capability for Perot Systems and our clients. Our sourcing solution and service will increasingly become a fundamental component enabling our clients to exploit the power of e-commerce," said Gary Castleberry, Vice President of Systems Integration for Perot Systems. "We selected Clarus because we believe their strategy is closely aligned with our long-term business goals." Perot Systems developed and deployed an advanced self-service Intranet, which is used by associates in North America, Europe and Asia. Clarus(tm) eProcurement provides the flexibility and scalability Perot Systems required to integrate with its existing information systems. All of Clarus' products are built on a Microsoft platform, including Microsoft BizTalk, Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. , Internet Information Server See IIS. (World-Wide Web) Internet Information Server - (IIS) Microsoft's web server and FTP server for Windows NT. IIS is intended to meet the needs of a range of users: from workgroups and departments on a corporate intranet to ISPs hosting websites that receive (IIS (Internet Information Services) Microsoft's Web server. IIS runs under the server versions of Windows, adding HTTP server capability to the Windows operating system. ), Site Server CIP (1) (Common Isochronous Packet) The packet format used in time-based (real time) FireWire transmission. See FireWire, IEC 61883 and mLAN. (2) (Common Industrial P , Windows Terminal Server An option in Windows NT and 2000 that enables an application to be run simultaneously by multiple users at different Windows PCs. In NT, it is known as the Terminal Server Edition. (WTS), and Microsoft Transaction Server A TP monitor for Windows NT servers from Microsoft that supports transaction-based applications on LANs, the Internet and intranets. It also serves as the infrastructure for a multi-tier system. It is used in the middle tier between the client and the database server. (MTS). "Clarus(tm) eProcurement allows organizations to maintain control over their purchasing processes, thereby promoting usage and yielding measurable 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). immediately," said Steve Jeffery, 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. and President of Clarus. "It is a tremendous validation for Clarus to have been selected by Perot Systems for their internal deployment of eProcurement." About Perot Systems Perot Systems Corporation, based in Dallas, TX, is a leading global information technology services and business solutions company. Perot Systems offers clients custom business solutions that transform the way they conduct business by integrating services that draw upon three core disciplines: business integration, systems integration and application development, and information technology infrastructure services. Perot Systems' revenue exceeds one billion dollars with more than 7,000 employees in North America, Europe, and Asia, and serves clients in the financial services, healthcare, energy, and travel and transportation industries. Additional information on Perot Systems is located at www.perotsystems.com. About Clarus Atlanta-based Clarus Corporation (www.claruscorp.com; NASDAQ: CLRS) a leader in providing B2B e-commerce applications that leverage the global, open marketplace of the Internet, enabling organizations to gain control of their operational resources, including non-production 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. . The Clarus Commerce solution leverages Web technology and channel partners to connect large populations of employees, management and suppliers with continuous planning, monitoring and control of resources, which can result in a dramatic impact on the bottom line. Clarus delivers its e-commerce solutions via direct and indirect channels and offers innovative "zero capital" pricing models to service very large to medium and small sized companies. The company's flagship product, Clarus eProcurement, is being used at more than 23 sites for customers including MasterCard International, MetLife, First Data Corporation and Parsons Brinckerhoff, with planned deployment to more than 130,000 employees. 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 BUSINESS OR PROSPECTS EXPECTED BY THE COMPANIES AS A RESULT OF THE ANNOUNCEMENT MAY NOT OCCUR. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESS RELEASE ARE ALSO SUBJECT TO OTHER RISKS AND UNCERTAINTIES, INCLUDING THOSE DISCUSSED IN THE REGISTRATION STATEMENT ON FORM S-1, THE QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 1999, AND OTHER FILINGS MADE BY THE RESPECTIVE COMPANIES WITH THE SECURITIES AND EXCHANGE COMMISSION. Clarus is a trademark of Clarus Corporation. Perot Systems is a trademark of Perot Systems Corporation. All other product and brand names, trademarks and service marks are the property of their respective owners. |
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