eClubBuy Enters Strategic Partnership With the Club Managers Association of America.Business Editors SAN JUAN CAPISTRANO San Juan Capistrano (săn wän kăpĭsträ`nō), city (1990 pop. 26,183), Orange co., S Calif.; inc. 1961. San Juan Capistrano has some manufactures, including aircraft parts, medical apparatus, and boats, but the economy is , Calif.--(BUSINESS WIRE)--March 8, 2001 eClubBuy Offers Discount Prices and Personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. Service as Exclusive Business-to-Business Marketplace and Resource for CMAA CMAA Club Managers Association of America CMAA Construction Management Association of America CMAA Crane Manufacturers Association of America CMAA Country Music Association of Australia CMAA Customs Mutual Assistance Agreement Members eClubBuy, the leading marketplace and resource for the club industry for golf, tennis, country clubs, city clubs, resorts and yacht clubs, entered into a strategic partnership with the Club Managers Association of America (CMAA) as its exclusive business-to-business marketplace and resource for CMAA members. eClubBuy will provide discount prices on products and services, and personalized and value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. to the more than 5,000 CMAA members who register with eClubBuy. eClubBuy offers a discount buying club and information source for products and services for every department in the club, including the clubhouse, pro shop, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , greens and grounds and administration and technology. With more than 1,500 registered member clubs, eClubBuy aggregates its buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. with its more than 200 suppliers. "This strategic partnership is timely because it brings the private club industry in line with the rest of the business world," said Jim Singerling, chief executive officer of CMAA. "eClubBuy levels the playing field for our members competing with multi-club operators who receive substantial discounts on the basis of their purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. ." "One of the key features of eClubBuy is our personalized service to clubs. We assign purchasing assistants specifically dedicated to individual clubs by geographic regions and time zones to assist the club managers at no extra cost," said Bethe Strickland, president and chief executive officer of eClubBuy. "The purchasing assistant program facilitates relationships between clubs and suppliers, provides research and assistance on locating hard to find items, and assists the club in planning purchases for each and every department." eClubBuy offers unique buying club benefits to buyers including personalized service through an assigned purchasing assistant, 24-hour online ordering through www.eClubBuy.com and reduced administration efforts and costs. As a full-service distributor of products and services for national, regional and local vendors, clubs may order by telephone, by fax or online. A prime consideration for the CMAA in choosing eClubBuy as a strategic partner was their value-added features and benefits for CMAA members and suppliers. Aggregate buying, active promotions for suppliers to promote new items or overstocked items and a very comprehensive program of educational content and community for the club industry were benefits to offer their members. With the Strategic Partnership, CMAA members receive a complimentary membership when they register with eClubBuy. For membership information with eClubBuy, call toll-free 866/ClubBuy (866/258-2289), or register online at www.eClubBuy.com. About eClubBuy Inc. eClubBuy is the world's first marketplace and resource for the entire club, developed and managed by club industry professionals. eClubBuy is a buying club and information source for the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. of products and services in the club industry for golf, tennis, country clubs, city clubs, resorts and yacht clubs. eClubBuy owns and operates P.C.M.A. Inc., The BoardRoom magazine, Club Gourmet magazine, DailyFee Golf magazine, Association of Private Club Directors, GolfCarAuction.com, GolfCarAuctionAndSales.com, PrivateGolfCourses.com, and co-owns Professional Club Marketing Association. About The Club Managers Association of America The CMAA is the professional association for managers of the leading private clubs (79 percent of which are golf and country clubs) in 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. and abroad. Founded in 1927, CMAA provides its more than 5,000 members with continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). , executive career services, a national trade magazine, Club Management, and a public Web site on the Internet -- ClubNet -- with a private, members-only section. Through extensive research and continuous monitoring of industry trends, CMAA develops and provides the best club management resources in the industry. For more information, visit ClubNet at www.cmaa.org. Certain statements in this news release may constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements expressed or implied, by such forward-looking statements to differ. |
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