CoreHarbor and RubberNetwork Deliver eSourcing Solution and Services.Business Editors & Technology Writers ATLANTA--(BUSINESS WIRE)--April 12, 2002 CoreHarbor to host and manage hundreds of sourcing events for rubber and tire industry CoreHarbor, the leading service provider of hosted and managed eCommerce solutions, today announced that RubberNetwork.com LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the eBusiness marketplace for the global tire and rubber industry, has selected CoreHarbor to host their sourcing solution as part of its business services offering. Leveraging CoreHarbor's expertise in the area of hosted and managed eSourcing solutions RubberNetwork(SM) provides eSourcing services that deliver significant value to its participating tire and rubber member companies. "Through CoreHarbor we have access to sourcing expertise and a secure hosted eSourcing solution with comprehensive management and monitoring services The general surveillance of known air traffic movements by reference to a radar scope presentation or other means, for the purpose of passing advisory information concerning conflicting traffic or providing navigational assistance. ," said John Garrison, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. at RubberNetwork. "CoreHarbor provides RubberNetwork with everything we need to support and accelerate the attainment of our member company's strategic sourcing goals." Together RubberNetwork and CoreHarbor provide a hosted eSourcing solution powered by Ariba technology that offers participating members the ability to conduct private sourcing events. Benefits for participating members have proven to be fast and measurable in the form of savings and efficiencies. CoreHarbor has successfully hosted, managed and monitored numerous sourcing events for RubberNetwork with many more planned throughout the year. "RubberNetwork has proven to be an innovative organization with its use of Internet technology, and we are very pleased that they selected CoreHarbor to support their eCommerce initiatives," said Jay Chaudhry, 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. at CoreHarbor. "Through our proven experience and focus on eCommerce, CoreHarbor is fully committed (Law) committed to prison for trial, in distinction from being detained for examination. See also: Fully to helping RubberNetwork remain the leading global tire and rubber marketplace, by delivering a solution that positively impacts their member company's bottom line." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. , companies worldwide could save $1.7 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. from their current combined total spend through the deployment of various eSourcing technologies. Total purchases within the tire and rubber industry, which include raw materials, equipment, machinery, goods, and services, are more than $50 billion a year. About CoreHarbor, Inc. CoreHarbor is the leading provider of hosted and managed eCommerce solutions. CoreHarbor offers the rapid deployment and management of ready-to-go hosted eCommerce solutions including eProcurement, Sell-side, and eSouring with auction events. With a singular eCommerce focus, CoreHarbor delivers the Ariba(R) Spend Management Platform; secure infrastructure, ongoing management and support, and unparalleled expertise for eBusiness and technology implementation. CoreHarbor has best-of-breed partners like Ariba (Nasdaq: ARBA) and Andersen, and a client base that includes companies like Digital Insight (Nasdaq: DGIN DGIN Digital Insight Corp (stock symbol) ), RubberNetwork and Sunoco (Nasdaq: SUN). CoreHarbor can be contacted in Atlanta at 800.267.3151 or visit www.CoreHarbor.com. About RubberNetwork RubberNetwork.com, LLC, was formed to increase operating efficiencies and productivity improvements as keys to critical cost reduction. RubberNetwork.com will facilitate more efficient transactions, utilizing the latest web-based technologies in an attempt to reduce participants' business costs. The services offered will streamline purchasing, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. and supply chain management processes. The RubberNetwork membership includes nine of the largest companies in the tire and rubber industry. They are: Continental AG, Cooper Tire & Rubber Company, The Goodyear Tire & Rubber Company, Groupe Michelin, Hankook Tire The Hankook Tire group, based in Seoul, South Korea is the seventh largest tire company in the world [1]. Established in 1941 as the "Chosun Tire Company", it was renamed "Hankook Tire Manufacturing" in 1968. Co., Ltd., Pirelli SpA, Sumitomo Rubber Industries Sumitomo Rubber Industries, Ltd. (住友ゴム工業株式会社 , Toyo Tire and Rubber Co., Ltd., and The Yokohama Rubber Co., Ltd. The RubberNetwork marketplace is open to all tire and rubber industry manufacturers and suppliers. RubberNetwork also welcomes the opportunity to work closely with other existing and future exchanges. RubberNetwork is headquartered in Atlanta, Georgia with offices in Amsterdam, Singapore, and Tokyo. To learn more about RubberNetwork, please visit our web site at www.rubbernetwork.com. Note to editors: "CoreHarbor" is a registered trademark of CoreHarbor, Inc. "SourceEdge" is a registered service mark of CoreHarbor, Inc. All other trademarks are property of their respective owners. |
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