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Daniel Gentile Joins Clarus as Vice President, Business Development.


Business Editors, Technology Writers

ATLANTA--(BUSINESS WIRE)--Oct. 5, 2000

Executive Appointment to Drive Strategic Alliances & Expansion for

Its Clarus Settlement Business

Clarus Corporation (www.claruscorp.com; NASDSAQ: 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 software solution provider, today announced the appointment of Daniel Gentile as the vice president, business development for Clarus(TM) Settlement. Gentile joins Clarus reporting to Mark Gagne, COO and CFO See Chief Financial Officer. . Gentile will be responsible for building the business development program for Clarus Settlement and establishing strategic alliances with system integrators, application service providers and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  and reseller channels.

Gentile has over 20 years of business development and sales experience in the technology industry. Most recently Gentile was the senior director for business development at eCredit.com. While at eCredit.com, a market leader in providing real-time credit, financing and related services for e-business, Gentile was responsible for building the partner alliance program and establishing over 25 strategic alliances with industry-leading consulting services and solution providers. Prior to eCredit.com, Gentile also held various business development and sales positions at LexiQuest Inc., Computer Associates, Egghead Software This article is about historical United States software retailer. For other uses for the word "egghead", see Egghead (disambiguation).
Egghead Software was founded in 1984 as a computer software retail company.
, ERI Eri (ē`rī), in the Bible, son of Gad. , Inc., and BellSouth Mobility BellSouth Mobility, LLC headquartered in Atlanta, Georgia, was a BellSouth subsidiary.

BellSouth Mobility operated wireless networks using many different wireless communication standards. The most widely used of these technologies is called Digital AMPS, or D-AMPS.
. At Computer Associates, Gentile was responsible for securing multi-million dollar agreements with BellSouth, Sprint and Vanstar.

"Clarus has a unique market opportunity to become the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard.

de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO,
 for B2B payment settlement solutions with our Clarus Settlement offering," said Mark Gagne. "Critical to our market leadership position will be the strategic alliances we form at this early stage of market adoption. Dan's prior experience and successes should enable us to drive partner and customer adoption in the global payment settlement arena."

"Clarus has established itself as a leader in delivering innovative B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce.  solutions. Its Clarus Settlement solution delivers an online secure payment solution for net market makers and also provides a technology solution that can be embedded in 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.
 offerings," said Gentile. "No other e-commerce solution provider can offer anything like Clarus Settlement, and I look forward to aggressively building this business and establishing Clarus as the world market leader in B2B settlement technology solutions."

Clarus Settlement provides full multi-national, multi-currency cash management, payment settlement, netting, and reconciliation capabilities for any B2B trading platform including the Clarus eMarket(TM) and Clarus eProcurement(TM) offerings. Providing an open interoperable trading service, Clarus Settlement is being deployed at organizations utilizing the Ariba (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
: ARBA) and 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) 
) B2B platforms including pennNET and eOutdoors.

About Clarus

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, auctions, integration, and analytics. Designed to provide unprecedented interoperability, ClarusNet(TM) enhances the value and speeds delivery of any B2B trading platform including Clarus eProcurement(TM) and Clarus eMarket(TM). Microsoft recently honored Clarus with one of the highest awards possible as the Microsoft Global eCommerce Solution of the Year. Clarus solutions are being deployed at customer sites including Burlington Northern Santa Fe Corp., Cinergy, Comcast 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 EXCHANGE ACT. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS AS A RESULT OF CERTAIN RISKS INCLUDING THAT THE BENEFITS EXPECTED BY THE COMPANY AS A RESULT OF THIS ANNOUNCEMENT MAY NOT OCCUR.

Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, the companies that manufacture the products claim these product names as trademarks. It is not our intention to claim these names or trademarks as our own.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 5, 2000
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