Collabria Inc. Signs Strategic Business and Technology Alliance Agreement With Mitsui &Co., Ltd.; Mitsui Also Invests in Collabria.Business Editors/High-Tech Writers MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Feb. 17, 2000 Collabria, Inc., and Mitsui &Co, Ltd, Tokyo, Japan have reached a general agreement to form a strategic business and technology alliance and jointly market Collabria's Internet-based printing workflow solution to the $90B printing industry in Japan, the second largest printing market in the world. The strategic alliance also includes a major investment in Collabria by Mitsui Comtek(TM), Saratoga CA based high-tech subsidiary of Mitsui. Collabria provides the Print Commerce(TM) solution, a powerful Internet-based printing workflow solution that automates the process of buying, managing, and producing printed materials. Mitsui will provide sales and marketing for the Print Commerce solution in Japan, using their extensive printing industry network, and will also provide system localization Customizing software and documentation for a particular country. It includes the translation of menus and messages into the native spoken language as well as changes in the user interface to accommodate different alphabets and culture. See internationalization and l10n. and technical support. &uot;We are pleased to form this important strategic alliance with Mitsui and jointly market Collabria's innovative 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 eBusiness printing workflow solution in Japan. We believe that Mitsui's print industry leadership and expertise, and their extensive industry network as the world's largest general trading company will significantly accelerate Collabria's expansion into this important market. We currently have the most widely used e-commerce solution in the Print and Publish industry in the US; with Mitsui's help, the same can be done in Japan&uot; states Alan Hu, 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 Collabria. &uot;Mitsui believes that Collabria's innovative Print Commerce solution is the B2B eCommerce technology the Japanese printing industry needs to help the industry grow. Collabria's solution is truly revolutionary and we are delighted to be a partner with Collabria in this venture,&uot; states Masahiko Hoshiai, Marketing Manager, Electronics &Information Business Group, Mitsui. About Collabria, Inc. Founded in 1997, Collabria is the creator of the Intelligent Print Workplace(TM), a comprehensive set of Internet-based solutions for the Print industry. From job creation to job production, Collabria offers the only complete solution for handling enterprise-wide printing and addressing its inherent inefficiencies. Focused on relationship-centric solutions, Collabria provides a no-conflict system designed to enhance existing relationships between corporate customers, their printers, and their print resellers. Marketing and Purchasing Managers A Purchasing Manager is an employee within a company, business or other organization who is responsible at some level for buying or approving the acquisition of goods and services needed by the company. realize significant savings from on-line project management, print ordering and distribution efficiencies. Printers and Resellers take advantage of these solutions to expand and strengthen their customer relationships while realizing hard dollar savings from simplified and automated business processes Many computer systems are available in the commercial marketplace that address the various aspects of Business Process Management. Most address one specific set of functionality; for instance, some allow the processes to be mapped (see Business Process Mapping) and documented (such as . Founded by marketing and printing industry veterans with an insider's clarity of the pains and challenges, Collabria is funded by premier venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] including Bessemer Venture Partners Bessemer Venture Partners is a private venture capital firm with offices in Silicon Valley, New York, Massachusetts, China, and India. It has backed such companies as Ciena, Flarion, Parametric Technologies, Skype, Staples, VeriSign and Veritas. , Weiss, Peck &Greer, the Internet Capital Group and ABS Ventures. About Mitsui &Co., Ltd. Mitsui &Co., Ltd.ranked fifth, in Fortune magazine's global 500 listing in fiscal year 1998. The company is the world's oldest general trading company. Headquartered in Tokyo, Japan, it has a global network of 226 Mitsui offices in 93 countries, with about 11,000 employees worldwide. Extensively diversifying its operations in Japan and globally, Mitsui holds 561 subsidiaries and 344 associated companies as of March 31, 1998. With total trade transactions of (Yen) 17,515.5 billion, or US$109 billion, for fiscal year ending March 31, 1998, Mitsui &Co. is Japan's largest sogo shosha Sogo shosha (総合商社 sōgō shōsha , or general trading company. Mitsui today boasts operations that are global in scope, and the company is continually adapting its services to meet client needs and remain ahead of technological changes. About Mitsui Comtek Corp.... Mitsui Comtek Corp. is a high-tech subsidiary of Mitsui &Co. Ltd. of Japan and Mitsui &Co. (U.S.A.), Inc. Working in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem" tandem with the Electronics &Information Business Groups of its parent companies, Mitsui Comtek specializes in creating synergies in high-tech/electronics, communications &multimedia industries. In recent years, Mitsui Comtek has been very active in the Internet market where it works as an investor, operator and localizer A directional radio beacon which provides to an aircraft an indication of its lateral position relative to a predetermined final approach course. See also instrument landing system. . |
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