Whereoware.com Forms Strategic Partnership with Peregrine Systems.Business Editors/High Tech Writers MCLEAN, Va.--(BUSINESS WIRE)--July 18, 2000 Whereoware.com, a business-to-business Web site for the home accents, gifts and collectibles industry, announced today that it has formed a strategic partnership with Peregrine Systems in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PRGN). As a result, Peregrine Systems will provide portal infrastructure software, application hosting and trading community integration services to Whereoware. "We approached Peregrine Systems e-Business connectivity group (formally Harbinger har·bin·ger n. One that indicates or foreshadows what is to come; a forerunner. tr.v. har·bin·gered, har·bin·ger·ing, har·bin·gers To signal the approach of; presage. Corporation) because of their leading position in e-Commerce as well as a particular expertise in establishing 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 portal infrastructure," said Ben Johns, 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 Whereoware. "Having Peregrine Systems choose Whereoware as a strategic partner in the home accents, gifts and collectibles category is a tremendous testimony to our site and our business model." Peregrine Systems e-Business connectivity group president James M. Travers said, "We chose Whereoware as our partner in this market because we feel that their well-crafted business model and tremendous industry knowledge can make them the leaders in this category." "Peregrine Systems gives Whereoware the ability to create added efficiencies and savings for our customers," said Johns. "Peregrine already handles the e-Commerce traffic and communications for many of our industry's top companies. These existing relationships and the e-Business connectivity group's unmatched expertise will enable Whereoware to quickly and efficiently integrate our systems with that of our customers." Whereoware announced in May the closure of its $2.5 million round of seed funding Seed funding is investing capital to begin a new project, so that it has enough funds to sustain itself for a period of development until it reaches either a state where it is able to continue funding itself, or has created something in value so that it is worthy of future rounds and has recently closed a $3.5 million round of early stage financing. Whereoware looks to close an additional $3 million of funding within the next month. The Web site went live in June and currently has signed up more than 150 suppliers representing more than $600 million in potential sales. Johns is the founder of Whereoware and former president and co-owner of The Bacova Guild, Ltd., a manufacturer and retailer of specialty items. He grew the company from sales of $500,000 in 1981 to $51 million in 1998. Burlington Industries Burlington Industries was a diversified U. S. fabric maker based in Greensboro, North Carolina. The company had operations in the United States, Mexico, and India and a global manufacturing and product development network based in Hong Kong. purchased BACOVA in 1995. About Peregrine Systems Peregrine Systems is the leading provider of Employee Self Service, Infrastructure Management and e-Business connectivity solutions that help ensure the reliability, productivity and cost-effectiveness of organizational infrastructure. Peregrine Systems provides Infrastructure Management solutions to organizations that permit them to manage the availability and cost of their technology, facilities and transportation infrastructure. Peregrine Systems also provides Get.It!(TM) Employee Self Service Weblications(TM) to allow any employee in the organization to get what they need to get their job done. By integrating Employee Self Service Weblications, such as e-Procurement, with total lifecycle Infrastructure Management and e-Business transaction exchange, Peregrine Systems solutions empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems organizations to make better and faster business decisions. In a world moving toward 24-hour global commerce, Infrastructure Management coupled with Employee Self Service and e-Business transaction exchange is a key to competitive success. Founded in 1981, Peregrine Systems is headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. with offices 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. as well as in the United Kingdom, Belgium, Brazil, Canada, France, Germany, Denmark, Italy, Japan, Netherlands, Sweden, Australia and Singapore. Peregrine Systems also has alliance partners and distributors located throughout these regions and in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . More information on Peregrine Systems is available on the World Wide Web at http://www.peregrine.com . About Whereoware Whereoware serves a fragmented frag·ment n. 1. A small part broken off or detached. 2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript. 3. $16 billion wholesale home accents, gifts and collectibles industry by enabling members to streamline their buying and selling practices with minimal alteration of existing business routines. Whereoware provides specialty retailers with access to more efficient order processing and communication with suppliers as well as an expanded number of suppliers and array of available goods. Suppliers can expand their retailer customer base with Whereoware, while sales representatives can use the site to add value to their customers through enhanced ordering capabilities and more frequent communication. Whereoware also touts a community that enables industry members to learn about the latest industry trends, troubleshoot To find out why something does not work and to fix the problem. Troubleshooting a computer often requires determining whether the problem is due to malfunctioning hardware or buggy or out-of-date software. See debug. display issues on its bulletin boards and maintain personal buying histories. The site officially launched in June 2000, but demonstrations were given at trade shows throughout the year. Retailers, suppliers and sales representatives interested in finding out more can go to or call toll-free - 877.520.4357. Peregrine Systems is a registered trademark and Get.It! and Weblications are trademarks of Peregrine Systems, Inc. All other trademarks are the exclusive property of their respective owners. |
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