Compelis Corporation Wins ActiveCatalog Contract for Industrial MRO Market.Business Editors ONTARIO, Canada--(BUSINESS WIRE)--Feb. 9, 2000 Compelis Corporation 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 Treasury International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TREY), has been selected to provide its ActiveCatalog publishing solution for the Master Catalog for industrial members of IDI IDI ICC (International Cricket Conference) Development International Conference) IDI Israel Democracy Institute IDI I Doubt It IDI Initial Domain Identifier IDI In-Depth Interview -- a group of leading independent distributors of industrial and 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. products. Collectively the group brings more than $350 million of purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. . The Master Catalog will contain information from over 300 worldwide suppliers of industrial MRO supplies, power transmission and bearing products and be positioned as the premier resource for purchasers of Industrial and MRO products. Under the terms of the agreement Compelis will provide the complete publishing and design solution for the group's 1200 page print catalog displaying over 70,000 items. Compelis will aggregate the catalog database and build publishing links for CD-ROM/DVD catalogs and Internet-based e-commerce and e-business web sites as well as the print catalog. The project is the first step towards launching both print and electronic catalog initiatives for the group. Marlin Doner, President of Compelis Corporation said &uot;This is a significant development for Compelis in its endeavor to build best-in-class technology solutions that satisfy today's need for a print catalog for the Group and also provides them with a clear vision for their E-commerce initiatives. Our ActiveCatalog and ActiveCommerce products offer a strong value proposition to our customers and are designed to accommodate the unique requirements of distributors and manufacturers.&uot; He went on to say &uot;Partnering with this group is an important link to the large market vertical of industrial supply and MRO products.&uot; Compelis offers industry professionals end-to-end publishing and commerce solutions that significantly reduce overall cost of sales and manage inefficiencies in their supply chains. Online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. co-operatives aggregate multi-vendor catalogs for product selection, manage requisitions, purchase orders and credit card transactions for buyers plus provide reporting analysis tools and integration to back-end legacy systems. Compelis is well positioned as an early entrant in the growing business to business and business to consumer E-commerce and E-business sectors. The company's products include: (i) ActiveCatalog for print and CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). catalogs; (ii) ActiveCommerce an E-catalog, E-commerce and E-business solution for manufacturers and distributors; (iii) ActiveHost a development tool for building Online Trading Co-operatives and (iv) ActiveRMS an Internet-based Point of Sale and Retail Management Software system for Retailers. Certain information in this news release is forward-looking, relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc matters that may be affected by risks and uncertainties in the Company's business. These forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are qualified in their entirety by the cautionary statements continued in the Company's Securities and Exchange Commission filings. For more information about ActiveCatalog, ActiveCommerce, ActiveHost or ActiveRMS, send email to info@compelis.com. |
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