Commerce One and SAPMarkets Continue E-Marketplace Leadership; Joint E-Marketplace and E-Procurement Solutions On Time for Q1 2001 Release.Business Editors and High Tech Writers eLink 2001 BERLIN--(BUSINESS WIRE)--Feb. 19, 2001 At the eLink 2001 conference today, 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 e-marketplace company, and SAPMarkets, Inc., the collaborative marketplace solutions company, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of SAP AG (company) SAP AG - (Systeme, Anwendungen, Produkte in der Datenverarbeitung - German for "Systems, Applications and Products in Data Processing") A company from Germany that sells the leading suite of client-server business software. The US branch is called SAP America. (NYSE NYSE See: New York Stock Exchange ADR ADR - Astra Digital Radio : SAP), further solidified their leadership position in 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 by showcasing four new joint customers: IBS IBS Irritable bowel syndrome, see there (Russia), IWayTrade (Portugal) Swisscom (Switzerland) and TPSA An earlier rating from the now obsolete TPC-A benchmark, which measures overall transaction processing performance. See TPC. (Poland). These new joint customer wins further demonstrate Commerce One & SAPMarkets' leadership in powering e-marketplaces on a global scale. In addition, the companies also announced that the next generation of their joint offerings, MarketSet(TM) 2.0 and Enterprise Buyer(TM) 2.0, will be available for delivery to customers at the end of March 2001. "The partnership of Commerce One & SAPMarkets is a model for how companies can work together for the benefit of joint customers," said Joshua Greenbaum, analyst at Enterprise Applications Consulting, Daly City Daly City, city (1990 pop. 92,311), San Mateo co., W Calif., a suburb of San Francisco; inc. 1911. Daly City is primarily residential, its population having grown significantly since the 1970s. , Calif. "Their expanding customer base shows that the two companies know how to work together to develop and offer B2B solutions that increase collaboration and communication between customers, suppliers and partners." "We believe our partnership with SAPMarkets and SAP is unique, combining the leading e-marketplace operating environment In computing, an operating environment is the environment in which users run programs, whether in a command line interface, such as in MS-DOS or the Unix shell, or in a graphical user interface, such as in the Macintosh operating system. from Commerce One with the leading collaborative applications from SAP and SAPMarkets," said Mark Hoffman, chairman 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 Commerce One. "Our mutual customers have resoundingly re·sound v. re·sound·ed, re·sound·ing, re·sounds v.intr. 1. To be filled with sound; reverberate: The schoolyard resounded with the laughter of children. 2. applauded our strategy with e-marketplace implementations in major industries and geographies throughout the world." "The partnership between our two companies is unique in its level of teamwork and the result is bringing to market joint products of unparalleled depth and scope. Customers around the world are selecting our joint e-marketplace solution," said Hasso Plattner Hasso Plattner is a cofounder of software giant SAP AG. Today he's Chairman of the Supervisory Board of SAP AG. Biography Hasso Plattner (1944-01-21 – in Berlin) is a German entrepreneur. , co-CEO of SAP AG and CEO of SAPMarkets and keynote speaker at eLink. "Our competitive wins since forming our partnership demonstrate that no other solution can match the collaborative capabilities and technological infrastructure built into this joint offering." Growing Customer Momentum for Joint E-Marketplace Solutions New e-marketplace customers include: IBS IBS, a member of the IBS Group of Companies, is the Russian market leader in systems integration for large-scale corporate projects. It offers a full range of IT services and products including consulting, Internet project development, implementation of enterprise corporate management systems and information-analytical systems. Further information about IBS can be found at www.ibs.ru; www.ibs-company.com. IWayTrade IWayTrade is designed to be the motor for the active participation of the enterprise community, in particular the Portuguese small and medium-sized enterprise (SME (1) (Small and Medium-sized Enterprise) See SMB. (2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division. ), in the global market of the new economy. Providing access to electronic commercial transactions, critical information, support technology, advising and training, through the aggregation of common interests and powering the enterprise associative structure based on the principles of independence, partnership and neutrality. Swisscom An existing Commerce One customer for their conextrade e-marketplace, Swisscom recently upgraded to the MarketSet(TM) joint solution from SAPMarkets and Commerce One. TPSA TPSA is the leading telecommunications company See telecom company. in Poland. They have chosen the MarketSet(TM) joint solution to power their e-marketplace. These new Europe-Middle-East-India-Africa (EMEIA EMEIA Europe, Middle East, India & Africa ) marketplace customers join existing Commerce One & SAPMarkets-powered e-marketplaces such as IBX IBX Independence Blue Cross (Health Insurance Company) IBX Internet Business Exchange IBX Integrated Business Exchange IBX Inner Banks (Foundation of Renewal for Eastern North Carolina) , the Nordic exchange founded by Ericsson, SEB Noun 1. SEB - a form of staphylococcal enterotoxin that has been used as an incapacitating agent in biological warfare staphylococcal enterotoxin B , and b-business partners serving Sweden, Denmark, Finland and Norway; and ec4ec, a live marketplace which offers e-collaboration and e-procurement for complex components on the Internet marketplace See vertical portal and Web hub. www.ec4ec.com for plant and mechanical engineering industries. Deep Relationship Delivers Results Working closely together, Commerce One & SAPMarkets develop the core technology, offer the business services and supply the integration capabilities to create the most scalable and robust e-marketplaces available today. MarketSet and Enterprise Buyer, the jointly developed next-generation e-business solutions, combine Commerce One's leading e-marketplace operating environment and marketplace functionality with e-procurement, supply chain, product planning and analysis applications from SAP AG and SAPMarkets. MarketSet(TM) 2.0 MarketSet is the comprehensive e-marketplace solution that transforms linear business processes into collaborative communities by reducing order-to-delivery cycle times, improving customer relationships and increasing productivity. It enables real-time exchange of information that allows trading partners to optimize resources, accelerate time-to-market, reduce costs, improve product profitability and strengthen customer and supplier relationships. The joint solution provides tightly integrated applications supporting end-to-end, collaborative business processes for procurement, order management, auctions, content management, planning, design and analysis. In addition, MarketSet's open and scalable architecture, based on MarketSite Operating Environment, supports a variety of buyer and seller applications, as well as third party applications, back-end systems, and external marketplaces. MarketSet 2.0 will be available at the end of Q1 2001. Enterprise Buyer(TM) 2.0 Commerce One & SAPMarkets developed Enterprise Buyer to deliver powerful capabilities that increase collaboration between buyers and sellers. Meeting their Q1 2001 commitment to the market, the partnership has delivered the second generation of this joint solution to customers such as Quadrem, the e-marketplace founded by 21of the world's leading mining, minerals and metal companies in a $200 billion procurement market, and Enporion, an open, global e-marketplace for the energy industry founded by seven North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. power utilities. Enterprise Buyer is an e-procurement solution that increases enterprise profitably by reducing supply chain costs for direct as well as indirect goods. It provides distinctive features that help drive profitability and reduce the cost of procurement, including collaborative planning and engineering, strategic sourcing and catalog/content management. The joint solution is designed to transform supply chain management from a cumbersome, tactical process to a strategic capability. About Commerce One and SAPMarkets In June 2000, Commerce One, SAPMarkets and SAP AG announced the teaming of Commerce One's leading e-marketplace infrastructure with top-rated mySAP.com e-business applications from SAP and SAPMarkets. The joint offering combines e-procurement with collaborative services for trading communities, dramatically reducing cycle times, improving customer relationships and increasing productivity for businesses worldwide. The Commerce One and SAPMarkets team strategy is unique in the industry, including product strategy, co-engineering, joint marketing, sales and support, and thus offers enterprises and trading communities a single source for the entire range of open business-to-business solutions and e-marketplaces. Commerce One is located in Pleasanton, Calif., and can be found at http://www.commerceone.com. SAPMarkets, based in Palo Alto, Calif., can be found at http://www.sapmarkets.com. More information on SAP can be found at http://www.sap.com. Forward Looking Statements The foregoing paragraphs include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements concerning the market leadership of Commerce One and SAP as providers of e-commerce solutions, the capabilities of their joint solutions, MarketSet(TM) and Enterprise Buyer(TM), as well as the expected delivery dates, and the anticipated benefits to be gained by Commerce One's and SAP's joint customers. The words "believe," "expect," "intend," "plan," "project," "will" and similar phrases as they relate to Commerce One are intended to identify such forward-looking statements. Such statements reflect the current views and assumptions of Commerce One, and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. These risks include, but are not limited to, the joint product development partnership of SAP and Commerce One may not continue to be successful, delays in developing or shipping new versions of our e-marketplace solutions, the e-marketplace solutions offered may not meet user expectations, the extent of customer adoption and utilization of the solutions provided, risks related to the World Wide Web, general economic conditions, intense and increasing competition in the market and volatility of the stock market. 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 annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999 and its quarterly report on Form 10Q for the quarter ended September 30, 2000. SAP and mySAP.com and all SAP products mentioned herein are either trademarks or registered trademarks of SAP AG or SAPMarkets, Inc. Other product or service names mentioned herein are the trademarks of their respective owners. Commerce One, Many Markets. One Source. Global Trading Web, BuySite, MarketSite Operating Environment, 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. |
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