Emptoris Expands Into Europe; Leading Provider of Collaborative Strategic Sourcing Solutions to Capitalize on Strong European Demand for E-procurement Software.Business/Technology Editors BURLINGTON, Mass.--(BUSINESS WIRE)--April 22, 2002 Emptoris, Inc., a leading provider of collaborative strategic sourcing solutions, today announced that it has expanded into the European market by opening an office in London, England, UK. The new office, which opened on March 18, 2002, will allow Emptoris to support existing global customers and offer its collaborative strategic sourcing solutions to companies throughout Europe. Emptoris plans to quickly expand the European office to include implementation and customization support, as well as sales and marketing personnel. "Emptoris has a number of customer engagements with global enterprises that require technical support in Europe," said Avner Schneur, 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. of Emptoris. "Opening an office in the UK will not only allow Emptoris to better serve those customers, but will also provide us with the critical resources needed to meet the growing demand of European organizations for end-to-end strategic sourcing solutions. As Emptoris continues to grow we will look to expand our presence in Europe and other strategic global markets." Incorporating in-depth strategic sourcing knowledge with the latest Web-based software and optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. technologies, Emptoris' ePASS is an end-to-end collaborative sourcing solution that adds significant value to every step of the strategic sourcing process and meets the real world needs of both buyers and suppliers. Using ePASS, enterprises can dramatically cut the cost of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , shorten (audio, compression) Shorten - A form of lossless audio compression. the sourcing process and forge tighter supplier relationships. Emptoris UK is located at 86-88 Edgware Road, London W2 2EA. It can be reached at: 44 20 7535 6089. About Emptoris, Inc. Emptoris is a leading provider of collaborative sourcing solutions that support the end-to-end strategic sourcing processes of Global 5000 companies. By implementing the Emptoris' ePASS, enterprises can streamline the strategic sourcing process, determine the optimal allocation The apportionment or designation of an item for a specific purpose or to a particular place. In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as of business among suppliers and forge tighter supplier relationships. Emptoris, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , is headquartered in Burlington, Massachusetts Burlington is a town in Middlesex County, Massachusetts, United States. The population was 22,876 at the 2000 census. History Burlington was first settled in 1641 and was officially incorporated on February 28, 1799. . For additional information, please visit www.emptoris.com. |
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