Cohera Corporation to Forge E-commerce Alliances with CommerceNet.Business Editors/High-Tech Writers HAYWARD, Calif.--(BUSINESS WIRE)--March 3, 2000 Consortium Provides Cohera Opportunities to Build Relationships and Collaborate with Other Leaders in the Electronic Marketplace Cohera Corporation, the leading provider of e-catalogs for e-business, today announced that it has joined CommerceNet, the world's largest e-commerce consortium supporting businesses using, promoting and advancing interoperable The ability for one system to communicate or work with another. See interoperability. solutions over the Internet. CommerceNet provides its members with knowledge about trends in technology, applications and business models for emerging e-commerce communities. The membership is part of Cohera's contribution to further fuel the evolution of B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. over the web. "Global electronic exchanges are changing the way we do business," said Mark Resch, 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 CommerceNet. "We are excited about Cohera's contribution to CommerceNet projects and activities, and to the 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-marketplace." The Cohera E-Catalog System(TM) supports e-markets and electronic exchanges, providing revolutionary technology that will expand existing B2B solutions to a higher level of capabilities. Cohera's E-Catalog System provides a platform for building and managing real-time, dynamic e-catalogs, which is a requirement for this developing industry. The membership affords an opportunity to participate in industry forums and committees regarding the formation of global Net markets. "Electronic commerce is on the verge On the Verge (or The Geography of Yearning) is a play written by Eric Overmyer. It makes extensive use of esoteric language and pop culture references from the late nineteenth century to 1955. of a major growth cycle in the business-to-business space," said Michael Laven, chief executive officer for Cohera Corporation. "CommerceNet provides an excellent platform upon which B2B electronic commerce will continue to prosper, and fosters an ideal environment for technological breakthroughs and collaborative efforts that will fuel the industry's growth." Joining CommerceNet is part of Cohera's strategy for enabling companies to engage in B2B electronic commerce and build e-marketplaces over the Internet. Cohera also recently subscribed to Net Market Makers, a leading source for information and market education for B2B e-market makers A developer of a B2B Web site. See vertical portal. . About CommerceNet CommerceNet is venturing with its partners -- the world's largest grouping of e-commerce influencers -- to create value through innovation in e-commerce. Launched in April 1994 in Silicon Valley, its membership has grown to more than 600 e-commerce developers and end-users worldwide from hardware and software companies, financial institutions, telcos, government agencies, integrators, service providers, net market makers and others. CommerceNet sponsors numerous conferences related to e-commerce, including the upcoming B2B Big Bang big bang Model of the origin of the universe, which holds that it emerged from a state of extremely high temperature and density in an explosive expansion 10 billion–15 billion years ago. 2000, the premier global conference focused on the e-market explosion (March 26-29, 2000, Indian Wells Indian Wells may refer to:
About Cohera Headquartered in Hayward, Calif., the Cohera Corporation is dedicated to providing fast-growing B2B e-commerce firms with a scalable standards-based e-catalog infrastructure to drive dynamic e-markets. Cohera is privately held and backed by such industry-leading venture firms as Accel Partners, Sequoia Capital Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. The firm's partners include Don Valentine, Pierre Lamond, Michael Moritz, Doug Leone, Mike Goguen, Mark Stevens, Jim Goetz, Sameer Gandhi, Roelof Botha, and Mark Kvamme. , Sippl/MacDonald Ventures, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. Partners, Ignite Ventures and Cambridge Technology Capital. Cohera can be reached on the Web at http://www.cohera.com or by calling 510/780-1700. |
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