IDS Launches First Ever E-Commerce Venture for the International Mining and Exploration Industry.TORONTO--(BUSINESS WIRE)--Nov. 16, 1999-- IDS Intelligent Detection Systems (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :ISD See IDD. .) today announced the launch of Geo-Portal, an online, e-commerce initiative designed to serve the $300 billion (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) international exploration and mining industry. Geo-Portal was developed using Sun - Netscape Alliance iPlanet e-commerce software. IDS will be working with Scotiabank and its subsidiary, e-Scotia.com to provide 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. and security for transactions. At a news conference this morning, Dr. Mariusz Rybak, 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. , IDS, demonstrated how two Internet portals: MineOnline.com and GeophysicsOnline.com, will give mining, geophysics, and exploration professionals access to the services of 2,500 companies worldwide, over $500 million in data assets, and more than 2.5 million products. The portals will also feature full-service, e-commerce capabilities, specifically designed to meet the business-to-business needs of the industry. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Rybak, this industry is a prime candidate for a virtual marketplace. "This is a highly-fragmented industry, representing thousands of people scattered all over the world-some in very remote locations," he says. "Despite these obvious barriers to communication, they tend to have a high degree of technical literacy and stand to benefit from a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. business and communications resource." Initially, Geo-Portal will comprise two portals: GeophysicsOnline.com to serve the mining and oil and gas exploration industries and MineOnline.com for the mining production sector. Other portals aimed at the oil and gas production sector are planned. For a preview of the portals, contact www.GeophysicsOnline.com and www.MineOnline.com. IDS has been providing highly sensitive Adj. 1. highly sensitive - readily affected by various agents; "a highly sensitive explosive is easily exploded by a shock"; "a sensitive colloid is readily coagulated" equipment, instrumentation, survey and analysis products and services to the international exploration industry for over 50 years. Rybak sees the launch of an online marketplace as the next logical step for a company that is rooted in technological innovation: "Our goal is to be the number one source of information, products and services for mining and exploration professionals, no matter where they're located," he says. The Geo-Portal infrastructure uses Sun - Netscape Alliance iPlanet application and infrastructure software that provides the scalability, reliability, and performance necessary to accommodate Internet-level traffic. These multi-platform, standards-based infrastructure products enable users to customize their desktops and deliver personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. e-commerce capabilities and content to users around the world. Features include a gateway to the Geo-Portal marketplace, industry-specific content, business communications services, and geophysics survey data, as well as popular portal services such as personalized business news updates, stock quotes, weather and sports. "With the launch of GeophysicsOnline and MineOnline, IDS is setting precedent in the international mining and exploration industry, offering e-commerce capability and two-way information exchange to users everywhere," says Todd Finch, President, Sun - Netscape Alliance Canada. "The Geo-Portal is an excellent demonstration of the potential of iPlanet software and solutions." One-stop shopping for geophysical data and mining joint venture opportunities Terry McConnell, vice president, eCommerce Enterprise, IDS, expects the DataCentre of GeophysicsOnline.com and the Joint Venture Exchange Forum of MineOnline.com to be two of the portal's main attractions: "We are providing a one-stop shopping service for geophysical data and for mining joint venture opportunities, gathered from every corner of the world," explains McConnell. "Before an exploration company spends millions of dollars evaluating a new area, it can search for comparable data from the region-either to eliminate the need for a survey or to refocus Verb 1. refocus - focus once again; The physicist refocused the light beam" focus - cause to converge on or toward a central point; "Focus the light on this image" 2. it." IDS will act as a broker on these portals, bringing buyers and sellers together, providing key information about the products, services, data sets and land options available, and finalizing transactions with full billing, credit and banking capabilities. To deliver this, IDS is working with Scotiabank and its subsidiary, e-Scotia.com to provide a complete range of electronic payment options and security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the . "Scotiabank is committed to helping Canadians on the Web, and we are proud to be here today to support another Canadian industry to get established online," said Drew Brown, Scotiabank's Senior Vice-President of Corporate and Commercial Electronic Banking. "Scotiabank will supply the Geo-Portal with the latest in e-commerce products and services. Through our new subsidiary, e-Scotia.com, we will also offer this portal the most advanced Internet security ''This article or section is being rewritten at Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software. available in the marketplace today for online transactions," said Brown. Widespread industry support Rybak is confident in Geo-Portal's ability to attract and retain users and customers: "We already have extensive sales, rentals and leasing inventory committed by future vendors on both sites," he says. "We also intend to serve as a catalyst for joint ventures in the industry. Postings and credential verification and intermediation services will be provided online to facilitate project partnerships around the world." CAMESE CAMESE Canadian Association of Mining Equipment and Services for Export , the Canadian Association of Mining Equipment and Services for Export Canadian Association of Mining Equipment and Services for Export (CAMESE) is a Canadian export trade association of mining suppliers. CAMESE members supply firms focusing on "mineral exploration, mine development, mining, mineral processing, environmental monitoring, smelting and , which represents over 250 mining supply companies in Canada from its offices in Markham, Ontario Markham (2006 Population 261,573[0]) is located in York Region, directly north of Toronto, and is part of Toronto's CMA. It is larger than many Canadian cities. Despite its qualifications regarding population, it has not had the title of city conferred upon it by the , is committing its full support for this venture. Jon Baird, managing director, CAMESE, is excited about the opportunities that these portals bring to his members: "CAMESE welcomes IDS' plan to establish a dominant position in e-commerce focusing on the mining industry," says Baird. "This initiative, benefiting exploration and mining companies as well as their suppliers, will complement Canada's role as one of the world's leading mining countries." IDS is a dynamic developer, manufacturer and marketer of sophisticated detection devices and systems. The company operates through seven business units: Analytical & Security products and solutions, IDS Power Control Systems, Scintrex Earth Science Instrumentation, Survey & Exploration Technology Services, IEC (International Electrotechnical Commission, Geneva, Switzerland, www.iec.ch) An organization that sets international electrical and electronics standards founded in 1906. It is made up of national committees from over 60 countries. IEC - International Electrotechnical Commission (Integration, Engineering and Consulting), ChemiCorp International and Caduceon Inc. Its more than 70 products range from drug and explosive detectors to nuclear safety control instruments, oil and gas exploration and developing technologies for industrial process control and point-of-care health analysis. The IDS Web site is www.idsdetection.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion