Fritz Companies Joins Capstan Network as Anchor Provider of Global Logistics Services for Private and Public E-Marketplaces.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--June 16, 2000 Alliance Delivers Breakthrough Global Supply Chain Execution, Spanning Six Continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. and 120 Countries Capstan capstan Mechanical device used chiefly on board ships or in shipyards for moving heavy weights by means of ropes, cables, or chains. A capstan consists of a drum, driven either manually or by steam or electricity, that rotates about a vertical axis to wind in a line wrapped Systems, the innovation leader in global supply chain execution, today announced the completion of an anchor partnership with Fritz Companies, a specialist in global integrated logistics services. Through this alliance, Fritz Companies will connect to Capstan's web-native 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 infrastructure for the benefit of their joint customer. "As corporations expand their B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. initiatives, they are finding that they must take an increasingly global perspective," said Ron Alvarez, 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 Capstan Systems. "The same holds true for digital marketplaces, now becoming trading hubs for buyers and suppliers spanning the globe." Capstan's Business Services Provider (BSP BSP Bromsulphalein, a dye used in the study of liver function. See also sulfobromophthalein clearance test. ) solution offers web-native, networked application services See ASP and Web services. capable of linking everyone who manages the information, processes and workflow of the international trade transaction lifecycle. As an anchor partner on the Capstan Network, Fritz Companies will continue to provide supply chain execution services to the customer and provide information and workflow status to Capstan throughout the lifecycle of orders from their new Global Business Systems applications. "Fritz Companies' mission is to continuously evolve our business to deliver best-in-class customer satisfaction," said Fritz Chairman Lynn C. Fritz. "We are teaming with Capstan to leverage the revolutionary power of the Internet to complement our logistics execution services for a mutual customer. We are committed to partnerships with `clicks and mortar' solutions that are fundamental to the success of our customers' e-business initiatives." About Fritz Companies Fritz Companies is a specialist in global integrated logistics. Fritz delivers comprehensive supply chain solutions to its customers worldwide by providing flexible door-to-door transportation and materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, using sophisticated information systems. Emphasis is placed on simplifying processes and reducing overall transportation costs. The Fritz network is composed of highly trained professionals working in more than 400 locations in 120 countries. About Capstan Systems Capstan Systems delivers a breakthrough business-to-business Global Supply Chain Execution infrastructure optimized for the new demands of an e-business world. A pioneering web-native Business Services Provider (BSP), Capstan Systems is creating a network linking all the participants in the international trade transaction lifecycle, enabling a valuable "network effect" for both corporate subscribers and logistics services providers using the Capstan networked application services. Capstan solutions are in use at major corporations worldwide, and are integrated within i2 Technologies' freightMatrix and tradeMatrix electronic marketplaces. By providing proactive visibility and control over the global supply chain, Capstan enables companies and digital exchanges to get the right goods to the right place, at the right time -- every time. ` --30--nj/sf* CONTACT: Capstan Systems, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden Steve Zocchi, 415/703-8615 szocchi@capstan.com or B3 Communications Bonnie bon·ny also bon·nie adj. bon·ni·er, bon·ni·est Scots 1. Physically attractive or appealing; pretty. 2. Excellent. Harris, 415/332-5816 bharris@b3communications.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: NETWORKING E-COMMERCE TRANSPORTATION PRODUCT MARKETING AGREEMENTS |
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