TRADEPAQ Introduces boleroPAQ, an e-Business Infrastructure Solution for Executing Global Trade Transactions.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 11, 2000 Provides Banks, Enterprises, and Net Markets with access to the bolero bolero (bəlâr`ō), national dance of Spain, introduced c.1780 by Sebastian Zerezo, or Cerezo. Of Moroccan origin, it resembles the fandango. .net(TM) service TRADEPAQ Corp., a leading provider of e-business infrastructure solutions for global trade, today announced boleroPAQ, a Web-based application See Web application. providing full functionality for bolero.net's innovative messaging technology and legal framework for banks, enterprises, Net markets, and third party logistics providers to securely and reliably complete trade transactions on the Internet. This stand-alone product seamlessly integrates with TRADEPAQ's innovative line of trade logistics and finance applications, providing the industry's first single source business-to-business infrastructure solution that includes all the e-fulfillment functionality required for completing online global trade transactions. boleroPAQ also integrates with CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International BankTrade banking solutions and virtually any enterprise system. "boleroPAQ addresses a key challenge in the Internet economy--the ability to securely deliver e-business transactions through the Internet," said Warren Fisher Sir (Norman Fenwick) Warren Fisher (1879–1948), was a British civil servant. Fisher was born in Croydon, London on 22 September 1879. He was educated at the Dragon School (Oxford), Winchester College and Hertford College, Oxford University. , chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of TRADEPAQ. "For successfully completing trade transactions on the Internet, organizations need: e-fulfillment technology that provides all the necessary trade documents, integration, communications and workflow; integration of innovative messaging and security technology into their front-ends and back-end enterprise systems; the ability to arrange logistics through carriers and to receive tracking information; and documentary finance information for settlements with their banks. TRADEPAQ is the first vendor to provide a suite of Web-based solutions that addresses all the functionality required to bring banks, enterprises, 3PL providers and trading exchanges together in e-business trading communities." boleroPAQ helps users complete the e-procurement process by securely exchanging contracts, enabling settlement with the banks, improving security, managing the growing complexity of global trade requirements, shortening the turnaround time (1) In batch processing, the time it takes to receive finished reports after submission of documents or files for processing. In an online environment, turnaround time is the same as response time. for trade processing, and reducing fraud. TRADEPAQ developed boleroPAQ as part of its previously announced partnership with bolero.net, a joint venture between the world's banking and logistics communities. boleroPAQ offers customers full support of all standard bolero.net XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. DTD (Document Type Definition) A language that describes the contents of an SGML document. The DTD is also used with XML, and the DTD definitions may be embedded within an XML document or in a separate file. documents plus future access to all bolero.net value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services including the Title Registry. boleroPAQ interfaces directly with bolero.net digital certificates rather than password usage for secure site access, generates a digital signature key that authenticates identities of trading partners, composes the prescribed pre·scribe v. pre·scribed, pre·scrib·ing, pre·scribes v.tr. 1. To set down as a rule or guide; enjoin. See Synonyms at dictate. 2. To order the use of (a medicine or other treatment). message format and attachment, ensures electronic documents are contractually binding through the Bolero Rule Book, delivers messages to the bolero.net server, tracks acknowledgements, receives and validates incoming messages, and reconciles transactions. boleroPAQ will be available October 1, 2000. Pricing is available upon request. About bolero.net Launched at the end of September 1999 by the logistics and banking communities, bolero.net is a global initiative to move trade onto the Internet. The Bolero System provides secure electronic transmission of business data and documents along the entire trade chain from front end order processing and management to backend trade document exchange About TRADEPAQ TRADEPAQ is a leading provider of the e-business infrastructure required for global commerce. The company offers an innovative framework of solutions addressing the export, domestic, regulatory, financial, and logistics requirements necessary to complete e-business transactions. These solutions enable enterprises to deliver goods to their destinations on time, and receive prompt payments allowing Net markets to deliver significant value added services and enterprises to embrace e-business opportunities and enter into new global markets. The TRADEPAQ(TM) suite of trade logistics solutions and Web-enabling software tools allows enterprises to access real-time information, Web-enable legacy applications, manage the complex shipping requirements of electronic commerce, generate multi-lingual trade documents and maintain compliance with international trade regulations. In addition, TRADEPAQ is the only supply chain solution provider to support the unique requirements of global e-business banking such as letter of credit creation, receipt, management and settlement. The Java-based software products integrate with the leading banking, Net market, and ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. solutions and incorporate patented rules-based technology that addresses the unique last-minute requirements of global trade. TRADEPAQ solutions are used by banks, b2b trading exchanges, and Fortune 2000 manufacturers in industries such as paper, chemical, food products, metals, pharmaceutical, agricultural commodities, electronics, and automotive products in more than 24 countries worldwide. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , TRADEPAQ operates in offices throughout Europe, Pacific/Asia and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . For more information on TRADEPAQ and its products, visit their Web site at http://www.tradepaq.com. TRADEPAQ is a trademark of TRADEPAQ Corporation. |
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