eBay Executive Robert Chesnut Joins WebQuote's Advisory Board.Business Editors LOS GATOS, Calif.--(BUSINESS WIRE)--Aug. 30, 2000 Robert Chesnut has accepted an appointment to WebQuote.com, Inc.'s advisory board. Chesnut, Associate General Counsel for eBay (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 : EBAY) and recipient of the Justice Department's prestigious John Marshall award, will advise WebQuote.com, Inc. on strategies for the deployment and licensing of the WebQuote System(tm), a digital infrastructure for e-procurement and printed circuit board supply chain management. "Robert's experience in guiding Internet trading community pioneers will be invaluable as we deploy and license our next generation, application specific e-commerce technologies," remarked Saeid Ghafouri, president and 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 WebQuote.com, Inc. The WebQuote System automates procurement using a patent-pending system of client-side and web-based applications. At the buyer's location, a thin-client called AutoRFQ(tm) generates information required for quoting from the design database behind the network firewall to ensure seamless integration and that no sensitive information is transmitted across public networks. Once an RFQ RFQ Request For Quote RFQ Request For Quotation RFQ Request for Qualifications (part of a potential client's preliminary selection process) RFQ Radio Frequency Quadrupole (accelerator technology) has been created, it is transferred securely to WebQuote's CommerceEngine(tm), three-tier, fault-tolerant, 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 quote servers. Based on technical and business criteria, hundreds of PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. manufacturers worldwide instantly receive the RFQ, interpret it and then submit accurate bids in real time to the buyers. "WebQuote's technology for the total automation of e-procurement for custom products offers benefits to both buyers and suppliers, such as shorter time to market, allowing businesses to operate far more efficiently in the new economy," said Chesnut. Prior to joining WebQuote.com, Inc.'s advisory board, Robert Chesnut joined eBay in early 1999 after spending three years as a civil litigator lit·i·gate v. lit·i·gat·ed, lit·i·gat·ing, lit·i·gates v.tr. To contest in legal proceedings. v.intr. To engage in legal proceedings. in the US Justice Department and 11 years as a federal prosecutor with the United States Attorney's Office for the Eastern District of Virginia. Robert has received the John Marshall award, the top litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. award from the Justice Department, and the Intelligence Community Seal Medallion from the Director of Central Intelligence. The WebQuote System components -- AutoRFQ, the CommerceEngine quote server and AutoQuote(tm) -- are available exclusively from WebQuote.com, Inc. AutoRFQ is distributed free of charge at www.webquote.com or through the company's network of marketing partners. WebQuote licenses AutoQuote, which automates the sales process directly to suppliers. For additional information about licensing or partnership opportunities, contact WebQuote at (888) 722-7868 or info@webquote.com. About WebQuote.com, Inc. WebQuote.com, Inc., the leading B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. solutions provider for custom products, makes possible rapid online trade, integration and collaboration between system designers, manufacturers and material suppliers. Through its web site and software licensing partnerships, the company has delivered the first fully automated e-procurement solution for the printed circuit board industry, proven in over ten thousand B2B transactions worldwide. The patent-pending WebQuote System(tm) includes AutoRFQ(tm), CommerceEngine(tm) and AutoQuote(tm). The Company's systems integrate with design-house CAD systems from Mentor Graphics (NASDAQ: MENT), Cadence Design (NYSE NYSE See: New York Stock Exchange : CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ), Zuken, and Innoveda (PADS) (NASDAQ: INOV). WebQuote can be contacted at +1 (408) 354-8800 or at www.webquote.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion