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Corporate Profile for Orbis Online Inc., dated July 20, 2001.


Business Editors

--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-


Published Date:   July 20, 2001

Company Name:     Orbis Online Inc.

Address:          100 NE Loop 410, Suite 500
                  San Antonio, Texas 78216

Main Telephone
 Number:          210/576-7600

Internet Home
 Page Address
  (URL)           www.orbisonline.com

Chief Executive
 Officer:         Dr. James D. Strader

Chief Financial
 Officer:         Dan Hair

Investor Relations
 Contact:         Dan Hair
 Business number: 210/576-7600
 E-mail address:  investors@orbisonline.com

Public Relations
 Contact:         Dr. James D. Strader
 Business number: 210/576-7600
 E-mail address:  marketing@orbisonline.com

Industry:         e-Commerce, Procurement


Company description: Orbis ORBIs Orbiting Radio Bearer Ionospheric Satellite (NASA)  Online Inc., headquartered in San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation).
San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S.
, offers a patent-pending online competitive bidding Competitive bidding

A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell.


competitive bidding

1.
 tool that significantly reduces the costs of products and services versus traditional procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  methods, and is transforming the traditional competitive bidding process into live, more powerful events worldwide. What makes Orbis Online's value proposition so unique is superior solution functionality combined with no up-front up-front or upĀ·front Informal
adj.
1. Straightforward; frank.

2. Paid or due in advance: up-front cash.

adv.
 costs and no software installation, but with all the benefits customers can normally only have by buying or developing their own in-house In-house

In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm.
 systems.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 20, 2001
Words:206
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