e401.com Announces B2B Technology Alliances to Drive Retail Automotive Exchange.Business Editors/Hi-Tech Writers PHILADELPHIA--(BUSINESS WIRE)--Jan. 24, 2000 e401.com, the Retail Automotive Exchange(tm) (www.e401.com), a first of its kind (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 ) business-to-business digital marketplace for retail automobile dealers, today announced the strategic technology powerhouses selected to design, develop and deploy its digital marketplace. &uot;Driving our selections was a desire to empower dealerships to transform the way e-business is conducted and move automobile dealer transactions to the forefront of B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. ,&uot; said John Burkey, President of e401.com. TRADEX TRADEX Target Resolution Discrimination Experiment Commerce Center(tm) from TRADEX Technologies Inc. was selected as the marketplace platform to build e401.com. &uot;The TRADEX platform provides a unique combination of advanced marketplace architecture, Integrated functionality and flexibility that will allow us to bring e401.com online in a matter of weeks,&uot; said John Burkey, president of e401.com. &uot;With TRADEX, we will be able to immediately leverage Internet technologies to deliver cost-effective real world solutions to thousands of automobile dealers.&uot; GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Internetworking was selected to provide our marketplace hosting and dealership connectivity services. GTE's ability to deliver a total technology and support solution allows us to achieve a greater level of integration between our marketplace and dealers; and dealers with customers. NerveWire, Inc. was selected to develop and deploy our B2B digital marketplace. &uot;We are excited to align ourselves with a B2B focused Internet professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm such as NerveWire. Their ability to integrate industry specific knowledge, e-business strategy and technology to deliver immediate and interative solutions will become a Digital Age standard,&uot; said John Burkey, president of e401.com. About GTE Internetworking GTE Internetworking, a unit of GTE Corporation (NYSE NYSE See: New York Stock Exchange :GTE), offers customers, from consumers to Fortune 500 companies, a full spectrum of integrated Internet services using IP networking technologies. GTE Internetworking delivers complete network solutions, including dial-up and dedicated Internet access See how to access the Internet. , high-performance Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. , virtual private networks (VPNs), managed 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. , network management, systems integration, and Web-based application development for integrating the Internet into business operations. GTE is one of the world's largest telecommunications companies and a leading provider of integrated voice, video and data services. Additional information about GTE Internetworking can be found on the Internet at http://www.bbn.com. About NerveWire Inc. NerveWire is a business-to-business (B2B) Internet professional services firm that rapidly deploys interative digital strategy and e-business technology solutions to help Global 2000 organizations and Internet startups win in the Third Wave of the Internet. Through its impact pricing Model, NerveWire will share the long-term business risk with the B2B e-commerce leaders in the high tech, financial services and pharmaceutical/chemical industries. Currently based in Needham, Mass., NerveWire (http://www.nervewire.com) is venture capital backed by Thoma Cressey Equity Partners (TC|EP), a leading private equity investment firm. TC|EP (www.tc.nu) has committed $60 million to fund the company's growth strategy. About TRADEX Technologies, Inc. TRADEX Technologies provides the platform that powers the world's leading digital marketplaces. Specifically designed to enable multiple buyers and suppliers to exchange goods, services and information in online trading communities, the TRADEX Commerce Center(tm) platform serves as the foundation for premier digital marketplaces created by customers including American Express, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform , J.D. Edwards, Chemdex, MetalSite, HOTS, DACOM DACOM Differential-Absorption Carbon Monoxide Monitor DACOM Diode Laser Based Differential Absorption Instrument DACOM Differential-Absorption Carbon Monoxide Measurements Corporation, Raytheon and others. Founded in 1996, TRADEX is a privately held, venture-backed company whose top-tier investors include the Internet Capital Group (NASDAQ NASDAQ 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 :ICGE). On December 16, 1999, TRADEX announced a definitive agreement to merge with Ariba, Inc. (NASDAQ:ARBA). Pending required regulatory approvals, the planned merger is expected to close by late first quarter 2000. TRADEX is headquartered in Atlanta, Ga., with offices throughout the US and overseas. For additional information, visit the company's Web site at www.tradex.com. About e401.com e401.com is a B2B digital marketplace that enables cost effective solutions: streamlining the e-commerce process for automobile dealers; allowing a seamless flow of information and transactions between dealers and customers, vendors, manufacturers and colleagues. e401.com also takes the B2B marketplace to new heights: providing 22,000 auto dealers with free Internet access (56K), free interactive websites, free email and access to free consumer sales leads. |
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