ClearCross, Atrion Complete Merger.Business/Technology Editors RESTON, Va.--(BUSINESS WIRE)--March 21, 2001 Merger Creates First Strategic Provider of Cross-Border Trade Systems for Global Chemical, Energy, High-Tech, Pharmaceutical and Consumer Packaged Goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one Industries ClearCross Inc. and Atrion International, Inc. today announced they have completed the merger of the two companies. The combined company, known as ClearCross Inc., creates the first strategic international trade logistics (ITL ITL The ISO 4217 currency code for the Italian Lira. ) portfolio of software and services designed specifically for the demanding cross-border compliance needs of the chemical, energy, high-tech, pharmaceutical and consumer packaged goods industries. Since announcing a definitive agreement to merge in November 2000, ClearCross and Atrion have quickly and effectively managed the transition to operating as a single, global company. With its new vertical focus, and compelling product suites - combining rich, industry-specific content and documentation capabilities with advanced applications for regulatory and trade compliance and landed cost calculation - the new ClearCross has emerged as the ITL provider of choice for Global 2000 companies in the U.S., Europe and Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. , where it currently serves over 1,000 customers. "The merger of ClearCross and Atrion creates the industry's first global compliance powerhouse A fourth-generation language from Cognos that was introduced in the late 1970s for midrange computers. It supports both character-oriented, terminal-based applications as well as Windows clients. Applications developed under PowerHouse can be imported into Cognos' Axiant client/server environment. , addressing the mission-critical needs of companies whose direct materials shipments cross borders every day (and whose businesses depend on their fast crossing), accounting for over $12 trillion dollars in cross-border trade," said Bruce Johnson For the American politician, see Bruce Edward Johnson. Bruce Johnson co-founded a Canadian personal income tax software company named WinTax in 1992 with fellow University of Alberta graduate Chad Frederick. , 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 ClearCross. "Today, Fortune companies are looking closely at their information systems and IT budgets for strategic applications that provide rapid 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). and make an immediate impact on supply chain performance. ClearCross ITL software delivers these benefits, managing - and accelerating - cross-border trade. The new ClearCross delivers the richest solution set for its target vertical markets, solutions built on the bedrock of the industry's most exhaustive and carefully compiled content for doing global business." About ClearCross ClearCross Inc. (www.clearcross.com) is the only international trade logistics (ITL) company that provides a single resource for the robust content and documentation needed to effectively manage - and accelerate - cross-border trade in industries with complex global commerce needs, including chemical, energy, high-tech, pharmaceutical and consumer packaged goods. ClearCross is also the first ITL provider to include MSDS MSDS Material Safety Data Sheets, see there and HAZMAT phrases to its product suite, yielding an end-to-end compliance solution with worldwide visibility. With over 1,000 customers in 22 countries around the world, ClearCross enables businesses to expand worldwide sales and dramatically streamline global fulfillment and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. processes. ClearCross is privately held and headquartered in Reston, Va. Trademarks: ClearCross is a trademark of ClearCross Inc. All other company and product names referenced herein are trademarks of their respective holders. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion