Concentus Technology Corporation, a Leading Provider of Business Process Management Technology, Joins Commerce One.net Affiliate Program.
COLUMBUS, Ohio--(BUSINESS WIRE)--Dec. 19, 2000
Concentus to Market Business Process Management Technology to Buyers,
Suppliers and e-Marketplace Operators Through Commerce One.net
Concentus Technology Corporation today announced that it has teamed with Commerce One to offer its Business Process Management (BPM) system, WorkBridge(TM), through the Commerce One.net(TM) Affiliate Program. As a member of the Affiliate Program, Concentus will have access to thousands of prospective customers via a new sales channel, Commerce One.net.
Syndication of business services allows buyers, suppliers and e-marketplace operators from around the world to easily locate products and initiate relationships with providers such as Concentus. The company joins nearly 100 affiliate partners currently offering business services to the global e-commerce community through Commerce One.net (www.commerceone.net).
Concentus' BPM system, WorkBridge(TM), will offer e-marketplace communities a process automation foundation for gaining visibility and control over their highly collaborative supply chain processes. It is extremely versatile and can be applied to virtually any complex process, such as sell-side customer response and order management, direct material sourcing, logistics management of delivery and returns, overall supply chain management, and product design change management.
"We believe the addition of Concentus to our Affiliate Program is a terrific example of the types of innovative business services available to e-marketplaces via Commerce One.net," said Roy Satterthwaite, vice president of Commerce One.net at Commerce One. "We expect e-marketplace trading partners across the globe will be able to leverage WorkBridge for gaining high-quality collaboration, coordination and control of shared processes."
"Concentus is pleased to be working with Commerce One.net to provide e-marketplace trading partners with a solution that supports highly collaborative supply chain processes between enterprises," said Jay Ramanathan, president and chief technology officer of Concentus. "Companies using our service will be able to build and maintain a unique process foundation for improving customer service, controlling costs, and eliminating much of the risk currently associated with sharing critical business information across extended enterprises."
About Commerce One.net
Commerce One.net is an open e-marketplace that provides global e-commerce services to buyers, suppliers and Net Market Makers. Commerce One has established relationships with leading business service providers and is syndicating these services through Commerce One.net, providing unparalleled customer access to high quality business services. The Commerce One.net portfolio of business services is open, enabling B2B e-commerce regardless of trading partner platforms. Commerce One.net is also an on-ramp to the Global Trading Web(TM), the world's largest business-to-business trading community across 54 countries on six continents.
The Affiliate Program has more than 100 business services providers whose services are now available directly to buyers and suppliers on Commerce One.net(TM) and through syndication to other e-marketplaces. The program makes it easy for e-marketplace operators to tap into the services their buyers and suppliers need to conduct e-commerce without the lengthy process of identifying, negotiating and partnering with business service providers.
About Concentus Technology Corporation
Concentus Technology Corporation enables clients to realize the full potential of Business Process Management to establish and integrate successful e-marketplaces with an unprecedented degree of collaboration, coordination and control in support of increasingly more complex business processes and dynamics.
Only Concentus delivers e-business solutions that can be deployed quickly to seamlessly integrate people and processes for dramatic improvement customer connection and productivity and across enterprises. Based in Columbus, Ohio, the company's client base includes Boeing, Caterpillar, Verizon (GTE Supply), IBM, Washington Mutual Bank, Powerway and Raytheon Systems. For more information on Concentus, go to www.concentus-tech.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 Commerce One's ability to provide its e-marketplace customers access to business management technology that supports highly collaborative processes between enterprises through its relationship with Concentus, including the versatility and capabilities of such solutions and the anticipated benefits, efficiencies and future growth of Commerce One.net. Actual results may differ materially from those described in such statements as a result of a number of factors. These factors include, but are not limited to, the risk that the e-marketplace services offered may not meet user expectations, the cooperation of the parties and their ability to integrate Concentus' solutions into the portfolio of services provided by Commerce One.net, the risk that Commerce One.net may not grow as planned, general economic conditions, intense and increasing competition in the market, and the extent of customer adoption and utilization of the solutions and services provided on Commerce One.net. 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 for the year ended December 31, 1999 and its quarterly report on Form 10-Q for the quarter ended September 30, 2000.
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