Commerce One Delivers MarketSite Portal Solution 3.0; Industry-Leading Solution for Deploying E-Marketplaces Now Available from Commerce One.Business Editors/High-tech Writers WALNUT CREEK Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , Calif.--(BUSINESS WIRE)--Jan. 24, 2000 Commerce One, Inc. (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 : 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) ), the leader in global e-commerce solutions for business, today announced the general availability of Commerce One MarketSite(TM) Portal Solution 3.0. Utilizing MarketSite 3.0, Internet market makers and industry leaders worldwide can quickly build and deploy open 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-marketplaces and link them to the Commerce One Global Trading Web(TM). The portal solution enables organizations to turn their supply chains into revenue generation opportunities, focus their industry expertise on strategic e-commerce initiatives and bring e-commerce to businesses of any size, across all industries. Commerce One MarketSite Portal Solution 3.0 provides the infrastructure for Commerce One MarketSite, the U.S. portal for exchanging 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. among businesses worldwide, and the other e-marketplaces in the Global Trading Web, the world's largest business-to-business trading community. &uot;TD MarketSite, the first business-to-business electronic marketplace of its kind in Canada, is based on the Commerce One MarketSite Portal Solution 3.0,&uot; said Duncan Gibson, vice chair, commercial banking, Toronto Dominion dominion, power to rule, or that which is subject to rule. Before 1949 the term was used officially to describe the self-governing countries of the Commonwealth of Nations—e.g., Canada, Australia, or India. Bank Financial Group. &uot;We anticipate that the open, XML-based architecture of MarketSite 3.0 will enable buyers and suppliers to significantly lower their trading costs Trading costs Costs of buying and selling marketable securities and borrowing. Trading costs include commissions, slippage, and the bid/ask spread. See: Transactions costs. , while creating new opportunities for all participants as we build the TD MarketSite.&uot; MarketSite Portal Solution 3.0 provides a comprehensive technology infrastructure for building e-marketplaces, including hosted trading applications and an XML-based transactional platform. The hosted e-commerce applications available with MarketSite 3.0 include such critical e-commerce functionality as procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , auction services, order management, content management and advertising. This comprehensive portal solution includes:
- Commerce One BuySite 6.0 Portal Edition e-procurement
application. Optimized for quick deployment, BuySite 6.0 Portal
Edition supports international trade and automates business
processes of complex organizations.
- Commerce One Auction Services 2.0. Based on Internet technology
acquired with CommerceBid.com in November 1999, Commerce One
Auction Services 2.0 enable trading partners to easily conduct
real-time bidding and negotiations, performing both reverse
auctions for strategic sourcing or forward auctions for inventory
liquidation.
- Order management. MarketSite 3.0 includes a hosted order
management application that enables suppliers to receive and
track orders.
- Content management. MarketSite 3.0 allows Internet market makers
to manage supplier content in a variety of ways, including
complete catalog management for all buyers and sellers, as well
as hosted content and distributed search capabilities through
technology acquired with Mergent Systems in December 1999.
- Advertising. Through Commerce One Trade Zone, Internet market
makers can offer suppliers the ability to promote their brand
identity and unique services on the MarketSite 3.0 portal
solution.
XML-based E-Commerce Solution Through its robust XML-based technology, MarketSite 3.0 links trading partners in an open environment that allows multiple buying and selling applications to interact, including Commerce One BuySite, and applications offered by Extensity ex·ten·si·ty n. pl. ex·ten·si·ties 1. a. The quality of having extension or being extensive. b. A specific degree or range of extension. 2. , Intershop, Microsoft, PeopleSoft, Peregrine, Remedy, RightWorks, SAP, Solix and Walker. The open architecture also makes it possible for MarketSite-based portals to easily interoperate See interoperable. with other e-marketplaces, rapidly extending the reach of each trading community. MarketSite 3.0 also includes a complete set of 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 tools, to enable the rapid development and deployment of portals, trading communities, applications, and documents. About the Commerce One Global Trading Web The Commerce One Global Trading Web(TM) is the world's largest business-to-business trading community. Comprised of many open e-marketplaces running on the Commerce One MarketSite portal solution, the Global Trading Web provides unprecedented economies of scale for buying organizations, suppliers, and service providers worldwide. Each global trading portal is independently owned and operated by a leading market maker in a region or industry - resulting in the greatest choice for all trading partners. Global trading portals are currently operated by Banacci in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , British Telecommunications in the United Kingdom Until 1982, the main civil telecommunications system in the UK was a state monopoly known as Post Office Telecommunications. Broadcasting of radio and television was a duopoly of the BBC and Independent Broadcasting Authority (IBA): these two organisations controlled all broadcast , Cable and Wireless Optus in Australia, Commerce One in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Deutsche Telekom Deutsche Telekom AG (ISIN: DE0005557508, FWB: DTE, NYSE: DT, LSE: DEU, TYO: 9496 ) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU. in Germany, 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 in Japan Japan currently possesses one of the most advanced communication networks in the world. Telephone Telephones - main lines in use: 60.3 million (1997) '''Telephones - [. , SESAMi.com in Singapore, Swisscom in Switzerland and TD Bank in Canada. In addition, General Motors and the Royal Dutch/Shell group operate global trading portals for the automotive and energy industries respectively. About Commerce One Commerce One (NASDAQ: CMRC) is the leader in global e-commerce solutions for business. Through its products, portals, and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. The Commerce One Global Trading Web(TM) is the world's largest business-to-business trading community. Comprised of many open e-marketplaces, the Global Trading Web provides unprecedented economies of scale for buying organizations, suppliers, and service providers worldwide. Commerce One is located in Walnut Creek, Calif., and can be reached by phone at 800/308-3838 or 925/941-6000 or via the Internet at http://www.commerceone.com/. Forward Looking Statements Certain statements made in this press release by Commerce One are not historical facts but are &uot;forward looking statements&uot; and may involve risks and uncertainties which could cause actual future results to differ materially and adversely from those anticipated by such statements. Included among the factors that could affect Commerce One's performance are: general economic conditions; fluctuations in operating results; its ability to effectively manage future growth, to retain and efficiently integrate our executive management team, and to identify, hire, train and retain, in a highly competitive market, individuals highly skilled in the Internet and its rapidly changing technology; significant revenue concentration in a limited number of clients; the lack of long-term contracts; its ability to enter into, and retain its existing, strategic relationships; market acceptance, rapid technological change, a decline in Internet usage, and intense competition in its market; its ability to effectively integrate the operational, managerial and financial aspects of future acquisitions; Year 2000 issues including those affecting Commerce One and its clients; and its ability to obtain financing when required. For a discussion of these and other risk factors that could affect Commerce One's business, see &uot;Risk Factors&uot; in Commerce One's filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 1999. Note to Editors: Commerce One, Many Markets. One Source., Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, XML Development Kit, XML Commerce Connector, MarketView, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. All other company, product, and brand names are trademarks of their respective owners. |
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