CrossTier.com and Clarus Sign Strategic Partnership Agreement.Business/Technology Editors FAIRFAX, Va. and ATLANTA--(BUSINESS WIRE)--July 10, 2000 CrossTier.com dedicates 50 consultants to meet demand in implementing global e-procurement and e-market solutions based on Clarus product family CrossTier.com, a leading Internet professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm, and Clarus Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CLRS CLRS Center for Labor Research and Studies CLRS Central Launch and Recovery Section CLRS Claims Legal Research System ), a leading business-to-business (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-commerce solution provider, today announced a strategic partnership agreement. Under the agreement, CrossTier.com will dedicate 50 consultants to implement Clarus Commerce solutions for electronic procurement and marketplaces, while Clarus invests $1.5 million in CrossTier.com. "CrossTier.com is committed to helping companies face the challenges of transforming their businesses into e-commerce ventures and ensuring their success. Our partnership with Clarus allows us to incorporate the most advanced and bullet-proof Web-based marketplace and procurement software Procurement software is business software that helps to automate the purchasing function of organizations. Activities including raising and approving purchase orders, selecting and ordering the product or service, receiving and matching the invoice and order, and paying the bill is as part of our B2B solutions. The combination of CrossTier.com services and Clarus software will enable our clients to leverage the Internet to manage corporate purchasing and create online exchanges, secure in the knowledge that their e-commerce infrastructure possesses the security and scalability they need," said Ed Bell, President and Founder, CrossTier.com, Inc. Steve Jeffery, president, chairman, 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. of Clarus, said, "Analysts today count fewer than 100 B2B e-marketplaces in production, but forecast that by 2004, there will be 10,000. Our partnership with CrossTier.com ensures that our clients will be able to find the resources to implement best-of-breed Clarus-based e-commerce solutions. CrossTier.com has established a leadership position as a Microsoft Partner in high-end, transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. e-commerce infrastructure. The combination of Clarus and CrossTier.com provides the platform and services a company requires for rapid mass deployment, significant return on investment, and new revenue opportunities through e-marketplaces." As a leading B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , CrossTier.com's mission is to harness the power of the Internet to accelerate the growth of a client's business. CrossTier.com is solely focused on providing systems integration services that quickly transfer business-to-business practices and transactions successfully onto the Internet. CrossTier.com develops e-commerce solutions for a broad range of companies in industries ranging from utilities to telecommunications to financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . CrossTier.com is one of Microsoft's elite certified solution partners specializing in B2B e-commerce-enabling business applications. Clarus Commerce is an integrated suite of Web-commerce applications that delivers an unprecedented strategic business management mechanism. These systems enable organizations to gain and improve control of operational resources by leveraging Web commerce technology to connect large populations of frontline employees, management, and suppliers. The Clarus solutions are built exclusively to take advantage of the latest Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. technologies, including Windows 2000, Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. (TM) 7.0, the Visual Studio(R) 6.0 development system and Site Server Commerce Edition, as well as forthcoming Windows DNA (Distributed InterNet Architecture) An umbrella term for Microsoft's enterprise network architecture built into Windows 2000. It includes all the following components that collectively provide a Web-enabled infrastructure for an organization. 2000 technologies, including Commerce Server 2000, Application Center 2000, Host Integration Server 2000 and BizTalk(TM) Server 2000, all for building for the Business Internet. These technologies deliver reliability, scalability and cost performance advantages essential for e-commerce solutions. About CrossTier.com CrossTier.com is one of the industry's leading Internet professional services firms focused on delivering customized business-to-business e-commerce solutions for value chain integration and e-procurement. Specializing in innovative Microsoft platform solutions, CrossTier.com helps its clients to design, test, implement, maintain and customize their e-commerce systems to improve both sides of the value chain equation, supporting both purchasing and selling activities. CrossTier.com's teams of experienced advisors, developers and analysts design, build and trouble-shoot e-commerce systems in a variety of industry sectors, including telecommunications, financial services, manufacturing and utilities. Founded in 1990, CrossTier.com is located at 3877 Fairfax Ridge Road The name Ridge Road can refer to multiple streets and roads. Canada
About Clarus Corporation Atlanta-based Clarus Corporation (www.claruscorp.com; NASDAQ: CLRS), a leader in business-to-business (B2B) e-commerce, provides B2B procurement software and trading services that exploit the global marketplace of the Internet to manage corporate purchasing and enable digital marketplaces. ClarusNet(TM), a fully managed service portal, provides a comprehensive range of critical trading services such as payment settlement, supplier enablement Supplier Enablement is the process of electronically connecting suppliers (or other trading partners) to a company's supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company's back-office systems to exchange critical business , auctions, integration, and analytics. Designed to provide unprecedented interoperability, ClarusNet enhances the value and speeds delivery of any B2B trading platform including Clarus(TM) eProcurement and Clarus eMarket(TM). Clarus solutions are being deployed at customer sites including Burlington Northern Santa Fe Corp., Cinergy, Comcast Corporation, First Data Corporation, Gjensidige NOR, MasterCard International, MetLife, Parsons Brinckerhoff, Perot Systems and Wachovia. THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933 AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS AS A RESULT OF CERTAIN RISKS INCLUDING THAT THE BUSINESS OR PROSPECTS EXPECTED BY THE COMPANY AS A RESULT OF THIS ANNOUNCEMENT MAY NOT OCCUR. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESS RELEASE ARE ALSO SUBJECT TO OTHER RISKS AND UNCERTAINTIES, INCLUDING THOSE DISCLOSED IN OUR REGISTRATION STATEMENT ON FORM S-3 FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON 1/7/2000. Clarus, ClarusDirect, Clarus SupplierUniverse, Clarus Fusion are trademarks of Clarus Corporation. CrossTier.com is a trademark of CrossTier.com, Inc. Microsoft, Microsoft BackOffice, Microsoft SQL Server, Microsoft BizTalk, Microsoft Site Server and Windows NT are trademarks of Microsoft Corporation. Other brands and products are trademarks of their respective owners. |
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