MSC Industrial Supply Expands Relationship With Ariba; Leading MRO Supplier Joins Ariba Supplier Advantage Program; Teams With Company to Drive Quick and Seamless Integration of Ariba Supplier Network Among the Fortune 1000 Companies.SUNNYVALE, Calif. -- Ariba(R), Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced that MSC (1) (MSC.Software Corporation, Santa Ana, CA, www.mscsoftware.com) Founded in 1963 by Richard H. MacNeal and Robert G. Schwendler, MSC is the world's largest provider of mechanical computer aided engineering (MCAE) strategies, simulation software and services. Industrial Supply Company, one of the nation's largest maintenance, repair, and operations (MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) supply companies, has joined the Ariba Supplier Advantage Program(TM). As a member of the Supplier Advantage program, MSC will team with Ariba to further enhance the benefits of the Ariba Supplier Network(TM) by sharing insights and best practices designed to facilitate quick and seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. among Fortune 1000 companies. "The Ariba Supplier Network is an extremely effective tool that MSC uses to facilitate the online procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. process and create a positive experience for our customers," said Tom Cox Thomas Michael Cox (born 19 January 1930) is a retired Labour Party politician in the United Kingdom. Cox was educated at the London School of Economics and became an electrician. , Executive Vice President -- Sales, MSC. "Leveraging Ariba's technology, advanced integration and customer interfaces through our eVendor Managed Inventory and Customer Managed Inventory applications, we have been able to make it easier than ever for our customers to do business with us. We are pleased to be expanding our relationship with Ariba by joining the Supplier Advantage program, and look forward to sharing some of the things that we have learned from our implementations to enhance the value of the network and the value that it creates for suppliers and buyers alike." The Ariba Supplier Network, an open trading network through which buyers and suppliers can do business electronically, allows trading partners to manage complete transactions from sourcing and orders to invoicing and payment. More than 120,000 suppliers in 115 countries belong to the network, and more than $6 billion in transactions flows through it each month. The Ariba Supplier Advantage program was launched by Ariba to establish strategic relationships with suppliers who are committed to offering best-in-class integration solutions, deployment programs, category expertise and total cost of ownership improvements to buyers who use the Ariba Supplier Network. "MSC is a pioneer among suppliers in the use of technologies that improve the efficiency of the procurement process and enhance relationships with trading partners," said Don Darby, Director, Supplier Solutions, Ariba. "As a leading provider of MRO supplies on the Ariba Supplier Network, MSC has considerable experience implementing the Ariba platform and a set of best practices that can be leveraged to enhance the value that we deliver to suppliers and buyers who use it. We are pleased to be expanding our relationship with them through the Ariba Supplier Advantage program, and look forward to working closely with their team to build additional value for our mutual customers." About MSC MSC Industrial Direct (NYSE NYSE See: New York Stock Exchange :MSM MSM - Micronetics Standard MUMPS ) is one of the premier distributors of MRO supplies to industrial customers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . MSC distributes more than 500,000 industrial products from approximately 2,100 suppliers to over 340,000 customers. In-stock availability is approximately 99% and standard ground delivery is next day to 80% of the industrial United States. MSC reaches its customers through a combination of more than 28 million direct-mail catalogs, 91 branch sales offices, 500+ sales people, the Internet and associations with some of the world's most prominent B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. portals. About Ariba, Inc. Ariba, Inc. is the leading provider of Spend Management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com. Copyright (C) 1996 - 2006 Ariba, Inc. Ariba and the Ariba logo are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba Spend Management. Find it. Get it. Keep it., Ariba. This is Spend Management, Ariba Solutions Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Category Procurement, Ariba Contract Compliance, Ariba Contracts, Ariba Contract Management, Ariba Contract Workbench, Ariba Data Enrichment, Ariba eForms, Ariba Sourcing, Ariba Invoice, Ariba Travel & Expense, Ariba Workforce, Ariba Supplier Network, Ariba Supplier Performance Management, Ariba PunchOut, Ariba QuickSource, PO-Flip, Ariba Settlement and Ariba Spend Management Knowledge Base are trademarks or service marks of Ariba, Inc. Ariba Proprietary and Confidential. All rights reserved. Patents pending. All other trademarks are property of their respective owners. Ariba Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from its current expectations include, but are not limited to: delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the ability to attract and retain qualified employees; difficulties in assimilating as·sim·i·late v. as·sim·i·lat·ed, as·sim·i·lat·ing, as·sim·i·lates v.tr. 1. Physiology a. To consume and incorporate (nutrients) into the body after digestion. b. acquired companies; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. ; the impact of our acquisitions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed December 7, 2005 and in its Form 10-Q Form 10-Q See 10-Q. filed February 8, 2006. |
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