Wyle Systems Selects Vastera to be Solution Services Provider Vastera Combines B2B Solutions with Trade Expertise for Comprehensive Solution.Business Editors/Hi-Tech Writers DULLES, Va.--(BUSINESS WIRE)--May 2, 2000 Vastera, a leading provider of web-based solutions for global trade management, today announced that Wyle Systems, a subsidiary of the VEBA VEBA Voluntary Employees' Beneficiary Association Group and leading provider of enterprise systems, peripherals and software solutions, has selected Vastera's TradeVantage Solution Services to manage their export processes worldwide. Vastera's Solution Services group will screen orders and shipments for Wyle Systems to verify compliance with export laws and other international regulations before the goods are shipped internationally. Vastera will also manage the entire export licensing process from decrementing existing licenses to applying for new ones. Wyle Systems will also leverage Vastera's TradeValue management consulting services to determine Export Control Classification Numbers (ECCN ECCN Export Control Classification Number ECCN Export Control Commodity Number ECCN Export Commodity Control Number ) and Harmonized Tariff Schedule (HTS HTS Heights HTS Harmonized Tariff System HTS High Throughput Screening (biomolecular assay screening) HTS High-Throughput Screening (Pharmaceutical Industry) HTS Harmonized Tariff Schedule ) numbers for new products. "At the rate of our current growth, we anticipated challenges in keeping-up with the burdensome export regulations and license requirements. We chose Vastera to help us manage these processes because of their ability to provide us with a total solution," said Charles Julien, Vice President and General Manager of Wyle Systems International. "Vastera has a seasoned group of global trade professionals who can help us define better global trade processes and manage those processes as an outsourced service." "We are excited to add Wyle Systems to our family of TradeVantage Solution Services clients," said Mark Ferrer, COO of Vastera. "Companies that are experiencing rapid international growth, like Wyle Systems, are recognizing the value of global trade management capabilities in terms of time-to-market, order cycle times, and customer service. By packaging our experienced global trade professionals with our 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 software solutions, we can get our Solutions Services clients up and running very quickly." About Wyle Systems Wyle Systems, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , VEBA Electronics Group Member, is a leading provider of enterprise systems, peripherals and software solutions. Wyle Systems' knowledgeable sales representatives and system engineers provide custom solutions for any computing environment from a network of 35 sales locations across the United States and Europe. Wyle Systems is focused on finding the best application solutions and 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 for customers and business partners. For more information on Wyle Systems visit www.wylesystems.com or call 800/332-6995. About Vastera Vastera's mission is to drive revenue, maximize profitability and establish competitive advantage for our clients by delivering e-business solutions for global trade management. Established in 1992, Vastera has received numerous industry awards recognizing its exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. including, Computerworld Magazine's list of "100 Emerging Companies to Watch in 2000, eCommerce category ", the Deloitte & Touche "Fast 500", and the INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . 500. Vastera provides global trade & regulatory data, B2B solutions, management consulting and solution services to clients worldwide including CatalogCity.com, Sun, Microsoft, Dell, United States Postal Service, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. Dairy Board, Lucent, Herman Miller, and Motorola. For more information, please visit www.vastera.com. |
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