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Angliss to move its internal meat trading business online

5 March 2001 - Lost Wax, a European e-commerce technology company, is to build a private exchange for Angliss International Ltd - part of the Vestey Group. Angliss will move its internal meat trading business online. The exchange will initially be used by the pork buyers in the Paris Angliss offices before being rolled out to trading teams in the rest of Europe and the Far East.

The Angliss exchange will be built around Lost Wax’s e-Broker software solution which is based on Lost Wax’s B2B e-Commerce Platform. This Platform is provided as an ASP solution and will allow Angliss’ online function to be deployed rapidly and easily for use across its European trading network. Angliss traders will be able to access the exchange via their internet browser and use the language and currency of their choice. The flexibility of Lost Wax’s B2B e-Commerce Platform will ensure that the exchange can evolve as new business requirements emerge.

Marco Pierleoni, Angliss said “We are moving our European meat trading business online to enable buyers and sellers to carry out their transactions with greater speed and efficiency. We are preparing our business for trading in the New Economy and believe it is crucial to incorporate technology that will not only put us ahead of our competitors now but allows us to remain there. By using Lost Wax’s technology platform which is based on agent technology we are confident that we have done this.”

Jim Stanfield, COO Lost Wax added “We are seeing an increase in demand from bricks and mortar companies such as Angliss who are looking to move existing, proven business models online. Industry commentators used to say that the development of e-markets would take out the middle-men, but companies like Angliss are proving that all parties in the supply chain can remain competitive and benefit from moving their business online.”


About Lost Wax http://www.lostwax.com


Lost Wax is a European e-commerce technology company. It is at the forefront of agent technology, delivering agent-based software solutions that are critical to the future success of e-commerce.

Lost Wax has a five year track record developing business critical e-commerce solutions for some of Europe’s most pioneering e-businesses. It has also developed and offers a B2B e-Commerce Platform which is one of the most advanced software platforms available. Customers include the Baltic Exchange, Egg, Eurobenefits, General Motors (OnLine Finance), Sony, Psion and Orange.

Lost Wax currently employs 100 people. By delivering ground-breaking and innovative software projects it has built one of the most experienced Java, XML and Agent software development teams in Europe. The leading-edge nature of these projects has enabled Lost Wax to stay at the forefront of developments, tackling the most challenging technology issues and gaining significant insight into how the industry will evolve.

About Angliss International Ltd

Angliss International is a global network of food specialists with a U.S. $400 million turnover. The company was established in 1997 after consolidating the food area divisions of the Vestey Group and specialises in temperature-controlled foods. The company selects, transports and distributes a range of international foods to major areas of Asia and Europe through its network of offices and suppliers.


For further press information or photography, please contact:

Sarah Auckland or Emma Coombes,

EVUS,

020 7386 9242,

saraha@evus.co.uk


emmac@evus.co.uk

This press release was distributed by ResponseSource Press Release Wire on behalf of EVUS in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.