ePlus Announces First e-Commerce Catalog Content Framework; Accelerates Catalog Development and Deployment for Virtually Any System or Application.Business Editors/Hi-Tech Writers HERNDON, Va.--(BUSINESS WIRE)--Dec. 4, 2001 ePlus, Inc., (Nasdaq:PLUS), a leading provider of eContent and eBusiness solutions and services, today announced the general availability of ePlus Content Framework(SM), an open and fully extensible schema for the creation and management of eCommerce-enabled product catalogs. By adopting the ePlus Content Framework, any company can quickly create online catalogs Similar to an online library or databases in the information storage respect, ‘’’online catalogs’’’ allow potential customers to browse a company’s items for sale from a different location using the internet. organized around a user-friendly table of contents. The ePlus Content Framework(SM) contains over 44,000 pre-defined product classifications, and enables users to match their business requirements by adding to or modifying the existing structure. ePlus developed the ePlus Content Framework by naming and creating product schemas from real-world experience. "Our extremely rich schema has been exceedingly well received by our customers and partners because of its success at representing products in natural language that all users, no matter what their level of expertise, can easily understand," said Ken Farber, President of ePlus Content Services. "Strong community encouragement and feedback led us to the decision to make this framework available to the broader eCommerce industry. We believe it will revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. eBusiness standards by facilitating a smooth and seamless content process for suppliers, manufacturers, third-party vendors and all types of businesses." The flexibility of the ePlus Content Framework worked to the advantage of Integra Integrated Procurement Solutions, a national provider of maintenance, repair, and operating materials (MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) as well as specialty products. "Integra wanted to give our customers access to our products using a unique schema we had developed internally," says Jake Fegely, Vice President of Merchandising for Integra. "The schema needed to cover products from thousands of suppliers and include potentially millions of items. Using the ePlus toolset accelerated the mapping of our catalog content in a way that meets our customers' needs and our business requirements at the same time." Companies entering into eCommerce or converting their business to an enterprise software package need a framework to define their catalogs of products and services. The ePlus Content Framework is a cost effective solution for businesses of all sizes. Compared to internally developed solutions, which must be built from scratch, the ePlus Framework can be easily customized to fit proprietary and legacy data. In contrast, market alternatives that force businesses to adhere to adhere to verb 1. follow, keep, maintain, respect, observe, be true, fulfil, obey, heed, keep to, abide by, be loyal, mind, be constant, be faithful 2. rigid structures actually increase the cost and decrease the utility of those solutions. The ePlus Content Framework provides a schema consisting of over 44,000 structured product classifications that facilitate the creation of user-friendly, intuitive, easy-to-navigate catalogs. ePlus Content classifications cover a wide range of commodities, attributes and coding to pinpoint and narrow the search for goods in a wide range of categories - from electrical and automotive equipment, to medical and hazardous material supplies, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , and more. An example of the product classifications available through the ePlus Content Framework is shown above. The schema simplifies complex product information to enable easy creation of digital catalogs. Along with related management software tools available from ePlus, organizations can cross-reference product data with common terminology and industry standards such as the UN/SPSC UN/SPSC United Nations / Standard Products and Services Codes or any other pre-developed categorization scheme, ensuring standardized standardized pertaining to data that have been submitted to standardization procedures. standardized morbidity rate see morbidity rate. standardized mortality rate see mortality rate. , reusable data. Relationships between products and the type of domain they are commonly associated with typically are overlooked when building product classification schemas and helping search engines guide users to the products they seek. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Pierre Mitchell, Research Principal, Enterprise Management Strategies at AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Research, "Schemas and attributes must be intuitive to buyer[s], whether goods are off-the-shelf or configurable." (The AMR Research Report on E-Commerce Applications, "Content Management Strategies", May 2000) For more information about the ePlus Content Framework, contact Rudy Alexander, Vice President Sales, at 704/357-3888 ext. 212. About ePlus A leading provider of Web-based e-procurement, asset management, financing, leasing, sourcing, and eContent technology and services, ePlus delivers comprehensive and high-value business solutions. The ePlusSuite of products and services, including Procure+, Manage+, Finance+, Service+, Content+, and ePlusMarket, helps businesses around the world dynamically streamline, improve and gain management control. ePlus solutions integrate and automate each aspect of the supply chain process: from requisition A written demand; a formal request or requirement. The formal demand by one government upon another, or by the governor of one state upon the governor of another state, of the surrender of a fugitive from justice. The taking or seizure of property by government. to approval, fulfillment, financing and asset management, delivering the highest return on investment. ePlus(TM), ePlusSuite(TM), Procure+(TM) , Manage+(TM) , Service+(TM), B14ZR(TM), OneSource(TM), OneReq(TM), CLG CLG College CLG Ceiling CLG Collagenase CLG Cumann Lúthchleas Gael (Club of the Gaelic Athletic Association) CLG Community Liaison Group CLG Calling Line CLG Change to Lower Grade (civilian personnel) (TM) and MarketBuilder(TM) are trademarks of ePlus Inc. Finance+(SM) is a registered service mark of ePlus inc. ePlus Jumpstart(SM), and ePlus Content Framework(SM), are service marks applied for of ePlus. Founded in 1990, the company is headquartered in Herndon, Va. and has more than 30 locations in the US. For more information, visit our website at www.eplus.com, call 800/827-5711 or email to info@eplus.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under 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: Statements in this press release which are not historical facts may be deemed to be "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. ". Actual and anticipated future results may vary due to certain risks and uncertainties, including, without limitation, general economic conditions; the possibility of defects in our products or catalog content data; our ability to hire and retain sufficient personnel; our ability to protect our intellectual property; the creditworthiness Creditworthiness The condition in which the risk of default on a debt obligation by that entity is deemed low. Creditworthiness Eligibility of an individual or firm to borrow money. of our customers; our ability to raise capital and obtain non-recourse financing for our transactions; our ability to realize our investment in leased equipment; our ability to reserve adequately for credit losses; fluctuations in our operating results; our reliance on our management team; and other risks or uncertainties detailed in our Securities and Exchange Commission filings. |
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