Commerce One Continues Strong E-Marketplace Leadership in Asia Pacific; B2B E-Commerce Leader Drives Regional and Global E-Commerce with 11 E-Marketplaces.Business Editors/High-Tech Writers eLink Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. Conference HONG KONG--(BUSINESS WIRE)--Nov. 29, 2000 At the eLink Hong Kong conference, Commerce One (Nasdaq:CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ) continues to expand its e-commerce leadership in the Asia Pacific region, powering 11 e-marketplaces in this vital economic centre. Commerce One further solidified its role as the global 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 leader by establishing significant partnerships with key Asia Pacific companies, including Asia2B.com, BayanTrade.com, Cable & Wireless Optus, Com2B.com, CorProcure, eCommerce-Asia, GTWeb Korea Inc, Mitsubishi Corporation Mitsubishi Corporation (三菱商事株式会社 , NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform Communications, SESAMi.com and Trade Alliance Ltd. By creating and connecting global e-marketplaces, Commerce One helps companies around the world to trade goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. with speed and efficiency via the Internet. Through the Global Trading Web, the world's largest B2B trading community, buyers can realise significant cost savings, sellers can reach new markets and industries can collaborate on a global scale, anytime anywhere. "To truly enable global e-commerce, we believe it is critical to move Asia Pacific's business trade on to the Worldwide Web," said Mark Hoffman, chairman and chief executive officer of Commerce One. "We expect that by powering interconnected e-marketplaces in Asia Pacific, and linking those through the Global Trading Web to the rest of the world, Commerce One and its partners are facilitating unprecedented real-time business commerce on an international scale." Commerce One Powers Asia Pacific's Premier E-Marketplaces Through the Global Trading Web, which extends across 54 countries on six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. , the 11 Asia Pacific e-marketplaces are able to participate in by far the largest operational network of connected e-marketplaces in Asia and the world. The 11 Asia Pacific e-marketplaces include: Asia2B.com -- Founded in April 2000, Asia2B is a premier provider of collaborative commerce management and e-marketplace procurement platform solutions addressing the inefficiencies in the traditional supply chain. As the anchor e-marketplace for Hong Kong and the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China on the Global Trading Web, Asia2B is a joint venture comprising i-Cable, SUNeVision, Jardine Matheson Group, New World China Enterprises, Swire Group For people named Swire, see . The Swire Group (Chinese: 太古集團) (LSE: SWRA HKSE: 0019 HKSE: 0087 ) ) is a transnational corporation headquartered in London, England. , WI Harper Group, Beijing Enterprises Holdings and Commerce One. BayanTrade.com -- Launched in June 2000, BayanTrade.com is an e-marketplace, powered by Commerce One, helping small to medium sized companies in the Philippines to automate the purchasing of goods and services. BayanTrade.com is a joint venture among six major business groups in the Philippines, including Aboitiz Equity Ventures, Ayala Corporation Ayala Corporation (PSE: AC) is a holding company for the diversified interests of the Ayala Group. It was founded in 1834 and is the oldest and largest conglomerate operating in the Philippines. , Benpres Holdings, JG Summit Holdings, PLDT PLDT Philippine Long Distance Telephone Company and United Laboratories. Cable & Wireless Optus -- In October 1999, Cable & Wireless Optus established a regional e-marketplace, powered by Commerce One, to help Australia and New Zealand companies This is a list of major companies based in New Zealand. For convenience, the word "Limited", which every company registered or reregistered under the Companies Act 1993 (with one historic exception) must have at the end of its name, is reduced to the common and universally automate the purchasing of goods and services. Com2B.com -- Announced in February 2000, Com2B is a regional Taiwanese e-marketplace powered by Commerce One and Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. . Com2B is a joint venture in Taiwan that includes leading companies such as Compaq Computer Taiwan, Far Eastern Group, Lite-On Group, Walsin Lihwa Corp, Yulon Group and Shin-Kong Security. CorProcure -- Established in August 2000 by 14 of Australia's leading companies including Amcor, AMP, ANZ ANZ Australia and New Zealand ANZ Australia and New Zealand Banking Group Limited ANZ Air New Zealand (NZ national airline) , Australia Post
Australia Post is trading name of the Australian Postal Corporation, the postal service with a monopoly in small letter mail Australia. , BHP, Coca-Cola Amatil, Coles Myer, Foster's, Goodman Fielder, Orica, Pacific Dunlop, Quantas, Telstra and Wesfarmers, CorProcure is a regional e-marketplace helping small, medium and large Australian companies to buy and sell a wide range of goods and services. eCommerce-Asia -- Launched in November 2000, eCommerce Asia is a Commerce One powered e-marketplace for Greater China. This is a regional e-marketplace that helps Chinese companies automate the purchasing of goods and services. GTWeb Korea -- Launched in November 2000, GTWeb Korea is a Commerce One powered e-marketplace for the chemical, automotive, medical and electronics markets. GTWeb Korea is a joint venture between Commerce One and some of the largest conglomerates in Korea including: LG Electronics; car manufacturer, Hyundai; information and telecommunications giant, Dacom; Kumho Group, a conglomerate focusing on tires, petrochemicals, transportation, aviation and construction; and Samyang Corp, which specialises in polyester, food, livestock feed, chemicals and environmental engineering. Mitsubishi Corporation -- Announced in October 2000, Mitsubishi Corporation will build an e-marketplace powered by Commerce One for Japan's chemical, gas and utilities industries. NTT Communications -- In July 2000, NTT Communications, eighth on the list of the world's most valuable Fortune 1000 companies, and Commerce One launched the first maintenance, repair and operations Maintenance management or Maintenance, (MRO'), is fixing any sort of mechanical or electrical device should it become out of order or broken (repair) as well as performing the routine actions which keep the device in working order (maintenance) or prevent trouble (MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) e-procurement marketplace for Japan. NTT Communications estimates that Japanese companies using the marketplace will lower their supply costs by as much as 50 per cent while suppliers will trim selling costs by up to 25 per cent. SESAMi.com -- An e-marketplace wholly owned by National Computer Systems and Singapore Telecom, SESAMi.com is a regional e-marketplace, powered by Commerce One. SESAMi.com offers Singapore companies Web-based enterprise procurement solutions to help automate the purchasing of goods and services. Trade Alliance Ltd -- Trade Alliance, a Singapore e-marketplace launched in August 2000, helps companies automate the purchase of goods and services. Within 30 days of signing an agreement with Commerce One to power Trade Alliance, the e-marketplace conducted half a billion dollars in online transactions. Trade Alliance is a US$30 million joint venture between Sinar Mas, a major regional player in food and paper and Nissho Iwai Corporation, one of the world's largest trading companies. About Commerce One Commerce One (Nasdaq:CMRC) is the leader in global e-commerce solutions for business. Through its products and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. The Global Trading Web is the world's largest business-to-business trading community. Composed of many open e-marketplaces, the Global Trading Web provides unprecedented economies of scale for buying organisations, suppliers, and service providers worldwide. Through its alliance with SAPMarkets, Commerce One enables enterprises and communities of all sizes and industries to efficiently conduct collaborative business on the Internet. Note to Editors: Commerce One, Many Markets. One Source. Global Trading Web, Commerce One.net, BuySite, MarketSite, Global Trading Platform, Common Business Library, XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. Development Kit, XML Commerce Connector, MarketSite Builder, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. Enterprise Buyer and MarketSet are trademarks of Commerce One, Inc and SAPMarkets. All other company, product, and brand names are trademarks of their respective owners. This release can be found on the EBA EBA Eisenbahn-Bundesamt (German) EBA Euro Banking Association EBA Emergency Brake Assistance EBA Enterprise Bargaining Agreement (Australia) EBA Elite Beat Agents (video game) Web site at www.eba.com.hk. It is also available by email. Call Christabel Chung at (852) 2537 8022 (email: chris@eba.com.hk) if you wish to make use of this service.
Worldwide offices
Worldwide Headquarters Asia Pacific Headquarters
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Pleasanton, CA 94588-3050 Bank of China Tower
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Fax: 852 2251 1943
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Issued on behalf of Commerce One
by Euan Barty Associates
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