Clarus eProcurement Selected By Burlington Northern Santa Fe Corporation.Business and Technology Editors ATLANTA--(BUSINESS WIRE)--April 6, 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 e-Commerce solutions provider, and 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. Corporation (BNSF BNSF Burlington Northern Santa Fe Corporation (railroad) ) today announced that Clarus(tm) eProcurement will be used to automate and streamline BNSF's procurement processes. The selection of Clarus eProcurement is part of BNSF's strategic sourcing initiative, which already includes strategic contract negotiations, streamlining supplier relationships and managing indirect purchases. BNSF will also utilize the Clarus(tm) Fusion integration framework to link the solutions to its existing backoffice technologies. "Clarus is making every effort to meet the needs of our strategic sourcing initiative and we feel our business philosophies match perfectly," said Jeff Campbell Jeff Campbell (Born August 25, 1979) is a New Zealand soccer player who has represented his country at U20, U23 and senior levels. The attacking midfielder made his debut for the All Whites against Jamaica in January 2000 and collected 13 caps (5 goals). , BNSF vice president and chief sourcing officer. "Clarus differentiates itself clearly from its competitors through not only its open, direct architecture, but also through the absence of transaction fees charged to customers and suppliers." According to Campbell, BNSF wants to directly connect buyers and suppliers without the use of middlemen or intermediaries, and that was a deciding factor in choosing Clarus eProcurement, built in the Clarus Direct(tm) architecture. "This major step will make BNSF the first US railroad to buy supplies or services over the web. We expect to begin the process in May 2000," Campbell said. "BNSF clearly recognized the advantages of the Clarus Direct model," said Steve Jeffery, president and 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. of Clarus. "This demonstrates the market momentum and acceptance we have built in providing a very differentiated 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 electronic commerce solution." Clarus Commerce is a 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(tm) eProcurement, Clarus(tm) eXpense, Clarus(tm) View and Clarus(tm) Fusion. To also support its strategic sourcing activities, BNSF will install Clarus(tm) eXpense to automate expense management and Clarus(tm) View to track its procurement against key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. . Clarus(tm) Fusion is the integration framework that will allow these applications and others to run seamlessly within the company's existing backoffice. 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, including Windows 2000, 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. (tm) 7.0, the Visual Studio(R) 6.0 development system and Site Server Commerce Edition, as well as forthcoming Windows DNA 2000 technologies, including Commerce Server 2000, Application Center 2000, Host Integration Server 2000 and BizTalk(tm) Server 2000, all for building for the Business Internet. These technologies deliver reliability, scalability and cost performance advantages essential for e-commerce solutions. About Burlington Northern Santa Fe Corporation Through its subsidiary, The Burlington Northern and Santa Fe Railway Company, BNSF, headquartered in Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. , operates one of the largest rail networks in North America, with 33,500 route miles covering 28 states and two Canadian provinces. BNSF was created in 1995 from the combination of Burlington Northern Inc. and Santa Fe Pacific Corporation The Santa Fe Pacific Corporation was formed as the Santa Fe Southern Pacific Corporation in 1984 by the merger of Santa Fe Industries, which owned the Atchison, Topeka and Santa Fe Railway, with the Southern Pacific Company, which owned the Southern Pacific Railroad. . Revenues are generated primarily from the transportation of coal, grain, intermodal containers and trailers, chemicals, metals and minerals, forest products, automobiles and consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and . About Clarus Atlanta-based Clarus Corporation (www.claruscorp.com; NASDAQ:CLRS) a leader in business-to-business (B2B) e-Commerce, provides Web-based procurement software and services that exploit the global marketplace of the Internet to manage corporate purchasing and enable digital marketplaces. Clarus is the clear alternative in B2B e-commerce supporting the open, direct Internet model based on the ClarusDirect(tm) architecture. This architecture directly connects buyers and suppliers to maximize cost savings, improve procurement efficiencies, and create new revenue opportunities for large and mid-sized companies. Clarus Commerce solutions leverage its SupplierUniverse trading network for managed content, trading services and supplier integration. Clarus solutions are being deployed at customer sites including Cinergy, Comcast Corporation, First Data Corporation, 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 securities exchange act of 1934. 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 Clarus Corporation as a result of this announcement may not occur. Forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those disclosed in Clarus Corporation's registration statement on form s-3 filed with the securities and exchange commission on 2/7/2000. Clarus and SupplierUniverse 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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