Commerce One Supports Extensity's B2E Hub, Joins Extensity Connect Partner Network.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)--March 13, 2000 Commerce One and 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. Team to Link Business-to-Employee Hub to Commerce One MarketSite Commerce One, Inc. (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) ), the leader in global e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. solutions for business, today announced support for Extensity Connect, the newly announced Business-to-Employee hub, designed to help companies take the next leap forward in workforce optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. . As a B2E B2E Business to Employee B2E Business to Enterprise hub, Extensity Connect helps create new efficiencies by delivering the power of 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 commerce directly to employees and providing one location where employees can access everything they need to complete daily processes related to e-procurement, business travel and billable time management. With this latest announcement, Extensity's Business-to-Employee hub will gain access to Commerce One MarketSite(TM) Global Trading Portal, 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. Extensity and Commerce One offer seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of Commerce One MarketSite with Extensity Purchase Reqs application, Internet-based software that automates the internal request and approval processes for the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. of non-production goods and services. Extensity customers can now have a personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. online hub where employees can easily conduct their daily business functions and access Commerce One MarketSite e-commerce services for real-time, interactive transactions between trading partners, suppliers and Internet market makers. "Extensity is a market leader in Workforce Optimization Solutions, making this a natural alliance for Commerce One as it expands upon the rich features delivered through Commerce One MarketSite," said Chuck Donchess, executive vice president and chief strategy officer, Commerce One. "We believe that the combination of our offerings provides customers with a complete solution from enhanced reporting to business intelligence capabilities." Commerce One MarketSite Global Trading Portal: The Industry's Leading Electronic Marketplace Commerce One MarketSite Global Trading Portal, the U.S. portal for exchanging goods and services among businesses worldwide, provides features and services including hosted trading applications, auction services, Trade Zones for interaction with other e-marketplaces and advertising capabilities. Built with the Commerce One MarketSite Portal Solution 3.0, Commerce One MarketSite is a proven e-commerce portal that offers a complete suite of integrated trading services for buyers, suppliers and Internet market makers. Commerce One MarketSite has supplied transaction, content management and business services to buyers and suppliers since March 1998 and is available at http://www.marketsite.net. "Commerce One is the leader in business to business trading services, providing Extensity Connect customers new efficiencies in working with suppliers and vendors," said Bob Spinner, 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. , Extensity. "Extensity Connect integrates customers' business partners and services into the Extensity Workforce Optimization Suite," said Bob Spinner, president and CEO, Extensity. About Extensity Connect Extensity Connect helps create new efficiencies by integrating B2B commerce and dynamic content in a central location as a natural extension to employee processes related to e-procurement, business travel and billable time management. Extensity Connect helps corporations manage costs by encapsulating the entire process within corporate policy and leverages 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. and commerce standards as the foundation for the B2E hub. The Extensity Connect optimizes employee productivity and corporate efficiency by delivering: Extensity's best of breed workforce optimization applications; strategic content and commerce services through the Extensity Connect Partner Network; role-based reporting and business intelligence; and a traditional web navigation look and feel. About Extensity Extensity provides Internet-based workforce optimization solutions designed to improve the productivity of employees across the enterprise and to enhance operating efficiency. Extensity's solutions transform the way companies do business by automating routine and time consuming administrative tasks including management of: travel and expense, procurement and billable time so that employees can focus on higher-value core business activities. As a result, enterprise organizations are able to realize a rapid return on investment. Extensity has over 300,000 seats licensed worldwide to 70 customers, including: BEA Systems BEA Systems, Inc. (NASDAQ: BEAS) is one of the major companies developing enterprise infrastructure software. BEA makes middleware, products that help software run on top of databases. , Cendant Business Services, Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Clarify, Documentum, Gelco Information Network, Genesys Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , Home Box Office and Sybase. More information about Extensity is available on its web site located at http://www.extensity.com. 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 "forward looking statements" 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 its 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 etc. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" 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. 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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