ClubCorp and Harbinger Launch ePurchase.net Marketplace for Hotels, Resorts and Golf Clubs.Business, Technology & Entertainment Editors DALLAS and ATLANTA--(BUSINESS WIRE)--April 26, 2000 Buyer, Seller Marketplace to be Online by Mid-Year Calico Commerce, Inc. Selected by ePurchase.net to Provide Electronic Marketplace Software, Run and Hosted on harbinger.net ClubCorp, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. and the world's largest owner and operator of golf courses, golf-related private clubs, resorts and business clubs, and Harbinger 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 :HRBC HRBC Human Resources Business Center (US Army) ), a worldwide supplier of 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, services and solutions, today announced their intention to create the first Internet-based vertical market exchange (i.e., B2B marketplace) servicing the hotel, resort and golf industry. ePurchase.net is scheduled to go online by mid-year and will provide a single point of access for buyers and suppliers to exchange products and services, such as golf course maintenance equipment, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. services and broader hospitality industry products. ePurchase.net will be operated as a joint venture with initial funding from ClubCorp and Harbinger. The two companies are also in discussions with other industry leaders regarding the inclusion of additional participants in this initial investment. "This venture will revolutionize the way our industry buys products and services," said Robert Dedman, Jr., 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 ClubCorp. "The potential to reduce operating costs operating costs npl → gastos mpl operacionales and simplify the buying process is compelling, particularly as it will enhance our ability to manage the purchasing function at each of the properties in our global portfolio. The marketplace creates a single site for suppliers to market to their customers and for buyers to find and order what they need, when they need it. Harbinger is a proven partner in bringing comprehensive marketplaces together in a very short timeframe using its harbinger.net(SM) technology." "Harbinger evaluates many marketplace opportunities and teaming with ClubCorp, the world's largest owner and operator of golf courses, golf-related private clubs, resorts and business clubs, makes this venture an outstanding investment opportunity and further validates the value of harbinger.net as the back office provider for emerging markets," said James M. Travers, President and CEO of Harbinger. "ClubCorp provides an excellent foundation on which to build an industry solution that brings suppliers and buyers together in an online marketplace and helps the industry at large eliminate paper transactions, reduce cycle times and streamline the selection, purchase and delivery of all products and services." "We also see Harbinger's recently announced merger with Peregrine Systems  This article about a company does not make it clear whether the subject meets the Wikipedia criteria for . bringing additional value to ePurchase.net,"
added ClubCorp EVP EVP Executive Vice PresidentEVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Mike Dillard Mike Dillard was drummer and one of the founding members of The Melvins. He left the band in 1984 and was replaced by Dale Crover. In 1986 he briefly played in Kurt Cobain's first band, Fecal Matter, before they disbanded. . "It's an ideal business opportunity that combines the best of eProcurement processes and products of both companies, creating a comprehensive, end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for e-Business." Purchasing in the golf industry exceeded $10 billion in 1999, while the broader targeted market segment for ePurchase.net (including small to mid-size resorts and hotels as well as the golf industry) had purchases in excess of $27 billion, according to research done by the Alliance Consulting Group. Both segments are expected to see continued dramatic growth. ePurchase.net will aggregate products and services from suppliers, providing a Web-enabled electronic purchasing site accessible by participating businesses. By taking the time-consuming processes associated with the paper-based purchasing function and integrating them into a single electronic marketplace, ePurchase.net will make the purchasing process more efficient and cost-effective. Access to the purchasing site will be accomplished using any standard Internet browser. The ePurchase.net electronic marketsite will be hosted on Harbinger's e-Commerce portal, harbinger.net, and Harbinger will serve as the manager and operator of the purchasing site. Calico, Inc. was selected by ePurchase.net to provide the electronic marketplace software. Unlike many software providers, Calico's MarketMaker software is designed specifically for communities that have many buyers and many suppliers. In addition, the software will be tailored to the specific needs of the industry to make the solutions as easy to use as possible. KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen Consulting, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a worldwide supplier of information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. , will also be providing integration services for the project. Interested participants are invited to come to the ePurchase.net Web site (www.ePurchase.net) for additional information. About ClubCorp Founded and headquartered in Dallas in 1957, ClubCorp is the world's largest owner and operator of golf, private clubs and resorts with assets of $1.5 billion and an international collection of more than 230 premier properties. Members of the ClubCorp family include Pinehurst (Village of Pinehurst, N.C.), the world's largest golf resort and site of the 1999 and 2005 U.S. Opens; The Homestead, founded in 1766 and America's first resort (Hot Springs, Va.); Mission Hills Country Club (Rancho Mirage, Calif.), home of the Nabisco Invitational; Firestone Country Club The Firestone Country Club is a private golf club located in Akron, Ohio, United States. The Club comprises three courses—those of the North, South, and West—each of which hosted a televised golf event, respectively the American Golf Classic, the CBS Golf Classic (Akron, Ohio), host of the 1999 NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Invitational; Metropolitan Club (Sears Tower, Chicago); City Club of San Francisco; Capital Club (Beijing); and The Tower Club (Singapore). Additional corporate information about ClubCorp can be found online at www.clubcorp.com About Harbinger Harbinger Corporation is a leading worldwide provider of business-to-business e-Commerce software, services and solutions. The company maximizes its customers' business potential with comprehensive, scalable e-Commerce solutions that help streamline operations, increase profitability and build electronic trading communities. Harbinger's objective is to serve more customers using Internet Protocols (IP) than any other provider and to establish harbinger.net(SM) as the preferred virtual e-Commerce center for information and mission-critical, business-to-business e-Commerce transactions. Headquartered in Atlanta, Georgia, Harbinger provides worldwide support to its customer community from multiple U.S. and overseas operations facilities. For more corporate information, go to www.harbinger.com. Access Harbinger's online EC Resource Center and other network services at www.harbinger.net. Information in this release that involves Harbinger's expectations, beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements that involve risks and uncertainties. These statements include statements about Harbinger's strategies in the marketplace, its market position and its relationship with customers. All forward-looking statements included in this release are based upon information available to Harbinger as of the date of the release, and we assume no obligation to update any such forward-looking statement. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, but are not limited to, the completion of the Peregrine merger, and if completed, the successful integration of Peregrine, competition, increased competition due to Harbinger's expanded product offering, risks associated with the evolving and varying demand for customer communication software, our ability to expand our operations, acceptance of email and the Internet as a communications medium, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. over property rights, and general economic factors. These and other factors are risks associated with our business that may affect our operating results and are discussed in the Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999 by the Securities and Exchange Commission ("SEC") on March 30, 2000 and our quarterly reports on Form 10-Q Form 10-Q See 10-Q. filed with the SEC. Harbinger and the Harbinger logo are registered trademarks, and harbinger.net is a service mark of Harbinger Corporation or its subsidiaries. All other company and product names referenced herein are registered trademarks or trademarks of their respective owners. |
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