Computron Software Connects To Commerce One MarketSite Global Trading Portal.Business Editors, High-Tech Writers RUTHERFORD, N.J.--(BUSINESS WIRE)--August 1, 2000 Computron TransAXS Procurement Solution to Connect Customers to Commerce One's Leading 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-Marketplace Computron Software, Inc. (AMEX AMEX See: American Stock Exchange :CFW CFW Custom Firmware CFW Call Forward CFW Cystic Fibrosis Worldwide CFW Cache Fast Write CFW Citizens for Florida's Waterways CFW Center for Writing (education) CFW Continuous Fillet Weld (engineering) ), a leading global provider of Internet commerce solutions, today announced that it would resell access to the 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) ) MarketSite Global Trading Portal (www.marketsite.net) through its TransAXS procurement solution. Through this agreement, Computron customers will enjoy access to a comprehensive e-marketplace, allowing them to select and purchase a broad array of 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. from a variety of sources. The MarketSite Trading Portal aggregates and organizes information about products and services, facilitates the complete purchasing process Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements and provides value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. business services. With its open architecture, Commerce One allows businesses to trade with anyone, anytime, anywhere in the world. "Computron's TransAXS Procurement and TransAXS Vendor solutions allow organizations to electronically manage the full end-to-end business process with suppliers," stated John Rade John Rade, (born August 31, 1960, in Ceres, California) was a linebacker in the NFL from 1983 to 1991. , 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. and president of Computron Software. "The Commerce One MarketSite Trading Portal gives us access to a large existing community of suppliers and a mechanism for accelerating the transformation of organization's suppliers from 'Bricks and Mortar` to `Clicks and Mortar'. We are very excited to be partnering with Commerce One." "The ability to order products and services electronically is just the tip of the iceberg tip of the iceberg n. pl. tips of the iceberg A small evident part or aspect of something largely hidden: afraid that these few reported cases of the disease might only be the tip of the iceberg. . E-corporations need to manage the full end-to-end business relationship over the Internet," Rade added. "Our TransAXS Vendor solution, when coupled with our TransAXS Procurement solution and the Commerce One MarketSite Trading Portal, will offer customers a full end-to-end Internet solution for conducting business with suppliers." "We're excited to team with Computron, to provide Computron's worldwide customers access to the most comprehensive e-commerce solution available and the largest community of online suppliers," said Roy Satterthwaite, vice president of Commerce One MarketSite Portal. "By connecting Computron customers to Commerce One MarketSite, we are demonstrating that MarketSite is a truly open portal for both buying and supplying." About the Commerce One MarketSite Global Trading Portal Commerce One(R) MarketSite(TM) is the U.S. portal for exchanging goods and services among businesses worldwide. Through Commerce One MarketSite and its affiliates, trade is accelerated, technology barriers are eliminated, and costs are reduced for all trading partners. About the Computron TransAXS Family of Solutions The TransAXS Procurement and TransAXS Vendor solutions are components of Computron's e-Cellerator product-based family of solutions. E-Cellerator products enable organizations to transform themselves from traditional "Bricks and Mortar A store (shop, supermarket, department store, etc.) in the real world. Contrast with clicks and mortar. " enterprises to "Clicks and Mortar Also called "bricks and clicks," it refers to businesses that offer online services via the Web as well as the traditional retail outlets (offline) staffed by people. Coined in 1999 by David Pottruck, co-CEO of the Charles Schwab brokerage firm, it refers to running the two divisions in a " e-corporations. E-Cellerator products are designed using a highly scalable, robust, n-tier, network-based architecture. E-Cellerator products are accessible from an industry standard browser. About Computron Software, Inc. Founded in 1978, Computron Software, Inc. (AMEX:CFW) is a global provider of financials and e-commerce solutions. Used by more than 500 companies worldwide, these solutions automate business processes both across and between enterprises and allow organizations to capitalize on the knowledge within their systems and those of their trading partners. Computron's goal is to provide competitive advantage by enabling organizations to achieve process transparency with their trading partners. The Company's latest Internet products will allow companies to quickly deploy e-business solutions strategies. This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the Company's documents and reports filed from time to time with the Securities and Exchange Commission. Computron is a registered trademark, and e-Cellerator, SWIFT and TransAXS are trademarks, of Computron Software, Inc. in the U.S. All other companies and product names are trademarks or registered trademarks of their respective companies. |
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