Requisite to Deliver Commerce-Quality Catalogue Content Creation and Management Services for emaro, 3bTrade, gatetrade.net and Quadrem
London, 26 April 2001 - Requisite Technology(r) today announced that it has been selected by leading marketplaces including emaro, 3bTrade, gatetrade.net and Quadrem to provide catalogue content creation and management services as well as content finding tools. Backed by corporate customers and shareholders such as Shell, Belgacom, Tele Danmark and De Beers Consolidated Mines, these latest additions to Requisite's expanding portfolio of horizontal and vertical marketplace customers demonstrate the important role catalogue content plays in conducting efficient and effective e-commerce.
Peter Cosgrove, director of European operations at Requisite, said, "The addition of these new marketplaces reflects our increasing international presence, particularly in Europe, and our content expertise in a wide range of major world languages. Requisite understands that a large percentage of the world's future e-commerce will not be conducted in English."
Each of the marketplaces will adopt and implement the Requisite Unifying Structure( (RUS), an emerging, global content organisation standard and the company's eMerge( and BugsEye( products, which currently support 13 languages and have been implemented by leading B2B software vendors, including SAP and Oracle. Requisite's content management system, eMerge, enables suppliers participating in the marketplace to update and modify content simply and cost-effectively, while still differentiating their product line. BugsEye, Requisite's patented finding engine, allows users to search for catalogue items using natural language rather than exact product descriptions.
emaro AG (www.emaro.com), founded by Deutsche Bank and SAP, runs a global business-to-business marketplace open to all medium and large companies. Purchasers and suppliers are able to search through online catalogues using the BugsEye finding engine. Using Requisite's eMerge content management system, emaro is able to update and modify data, ensuring that end-users have the most up-to-date purchasing information.
Belgacom's 3bTrade (www.3btrade.com), is Belgium's largest, independent marketplace for the buying and selling of business goods and services. Using data from a number of suppliers, Requisite has created over 100,000 catalogue items in English, French and Dutch, for the trilingual marketplace. Belgacom has licensed Requisite's eMerge content management system, which will enable suppliers in the marketplace to modify catalogue content, and Requisite's BugsEye finding engine, which provides highly accurate results for end-users searching for product and service information.
Benoît Simonart, Vice-President Corporate Solutions, Belgacom, said, "We understand that highly organised and searchable content is crucial to the success of a marketplace. Requisite is at the forefront of content standardisation and management, which makes us confident that buyers will find what they are looking for and suppliers will have the tools to manage their catalogue content efficiently."
Gatetrade.net (www.gatetrade.net), jointly funded by Danske Bank, Maersk Data, Post Danmark and Tele Danmark, has selected Requisite to create hundreds of thousands of catalogue items from many suppliers utilising RUS, its standards-based unifying structure. The horizontal marketplace will initially operate in Denmark, before expanding into Sweden and Finland. Gatetrade.net has licensed Requisite's eMerge content management system, which will ensure that users of the marketplace have access to the most up-to-date purchasing information. It also will enable suppliers to the marketplace to update and modify their catalogue content easily, quickly and cost-effectively.
Quadrem (www.quadrem.com), which has over 20 shareholders including Anglo American plc and De Beers Consolidated Mines, is an independent marketplace dedicated to buyers and suppliers in the mining, minerals and metals industry. Quadrem has a global customer base, serving markets in Europe, Australia, North and South America, Southern Africa and South East Asia. Requisite will consolidate supplier information from each of these territories into a single, web-based catalogue in multiple languages using Requisite's Unifying Structure. Quadrem also has licensed Requisite's eMerge content management system and its BugsEye finding engine.
Director of Marketplace Operations, Chris Haydon, said, "Requisite Technology's integrated content platform spans the three critical elements of the catalogue content creation service Quadrem demands, namely creation, management and finding. Requisite's unique structure for creating catalogues and its local language expertise will enable us to deliver superior content to our customers."
Note to Editors:
About Requisite Technology, Ltd.
Requisite Technology enables companies doing commerce on the Internet to create, organize and manage product and service information for consistent and successful Web-based finding, buying and selling. Requisite is partnered with leading providers of e-business applications and platforms, including Oracle, Ariba and SAP.
Headquartered in, Colorado, USA, with operations in Toronto and London, Requisite's solutions are deployed on desktops in more than 15 countries. Find out more at www.requisite.com.
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Requisite Technology( is a registered trademark in Europe and Canada. Requisite Technology, BugsEye and eMerge are trademarks of Requisite Technology, Inc. All other trademarks are the property of their respective owners.
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