B2B E-Commerce Leader Powers e-Marketplaces in Europe, the Middle East, India and Africa; Establishes Strategic Alliances and Expands Operation
Pleasanton, Calif. and London, England - December 8th, 2000 - Powering 39 e-marketplaces in Europe, the Middle East, India and Africa (EMEA), Commerce One, Inc. (NASDAQ: CMRC) continues to drive business commerce onto the World Wide Web across these key regions. With EMEA e-marketplaces, a next generation joint business-to-business (B2B) product with SAP, a significant go-to-market strategy with key technology vendors including Microsoft, a well-built internal team and distributor operations, Commerce One continues to pave its leadership position in global B2B e-commerce.
By creating and connecting global e-marketplaces across 54 countries on six continents and in 17 languages, Commerce One helps companies around the world trade goods and services with speed and efficiency via the Internet. Through the Global Trading Web, the world’s largest B2B trading community, buyers can realise significant cost savings, sellers can reach new markets and industries can collaborate on a global scale.
"Commerce One is focused on moving global business commerce onto the World Wide Web," said Mark Hoffman, chairman and CEO of Commerce One. "We believe Commerce One is working in some of the most financially robust regions in the world to further develop our extensive network of e-marketplaces around the globe."
This quarter’s newest European e-marketplaces include:
Italy: Seat Pagine Gialle, the leading European publisher of telephone directories and through its merger with Tin.it, the leading Italian Internet service provider, announced October 4, 2000, its plans to establish a regional e-marketplace, named Mondus, powered by Commerce One. As a regional e-marketplace, Mondus will help Italian companies simplify and innovate their purchasing and sales procedures for indirect products.
United Kingdom: Asite, announced October 24, 2000, is a UK-based e-marketplace aimed at the $786 billion European construction industry. Both Commerce One and Microsoft power the Asite e-marketplace. Asite partners include Stanhope, Rotch Property Group, Aurora, Intel, Compaq and Attenda. Asite aims to be an online e-marketplace to share construction practices and enable the construction industry to deliver projects faster, at lower cost and at a higher standard.
Nordic Region: IBX (Integrated Business Exchange), a joint Commerce One/SAPMarkets e-marketplace, was announced November 16, 2000. A joint venture among Ericsson, SEB, and b-business partners, IBX will operate throughout the Nordic region, including Sweden, Denmark, Finland and Norway. IBX will help Nordic companies automate the purchasing process for goods and services to enable cost savings.
Existing European e-marketplaces include:
France: BNP-Paribas, Cap Gemini Ernst & Young, Crédit Agricole and Société Générale established answork, a regional e-marketplace open to all industry sectors. answork, which went live on November 6, 2000, will help French companies streamline the purchasing process for indirect goods to enable cost savings.
United Kingdom: BT MarketSite, a regional e-marketplace open to companies across the UK, was launched February 24, 1999 by British Telecommunications and Commerce One. The e-marketplace currently has 96 suppliers on-line, selling to companies including Boots, Powergen and Credit Suisse First Boston. BT MarketSite also runs Farmgate.co.uk, an e-marketplace for the agricultural industry, in partnership with eBusinessMedia, the online component of United Business Media (formerly Miller Freeman UK). BT MarketSite has recently added the American Express Smart eProcurement service, a new electronic trading and payment proposition for BT Marketsite’s buyers and sellers.
Germany: Deutsche Telekom AG, Europe’s largest telecommunications company, and Commerce One announced the agreement to establish Deutsche Telekom MarketPlace on January 18, 2000. Since then, Deutsche Telecom has announced the addition of Commerce One Auction Services to the e-marketplace. Deutsche Telekom MarketPlace streamlines the buying and selling of goods and services between businesses throughout Europe.
Spain: opciona.com, formed by Endesa, one of the world’s largest utilities and premier telecommunications providers, in Spain on February 22, 2000, in partnership with PricewaterhouseCoopers Consulting and Commerce One, is a Spanish hub for the Global Trading Web allowing businesses to exchange indirect goods and services worldwide. opciona.com, using Commerce One Auction Services, has enabled more than 50 auctions per week since its launch in April 2000.
Portugal: TRADECOM was launched in April 2000 in partnership with Portugal Telecom Prime, Group Banco Espirito Santo, Caixa Geral de Depositos and PT Multimedia. The TRADECOM e-marketplace links buyers and sellers throughout Portugal and other Portuguese-speaking countries, enabling them to accelerate trade and reduce costs on the transaction of goods and services.
Switzerland: Conextrade e-marketplace went live in June 2000, established by Swisscom AG, the leading Swiss telecommunications provider. The Conextrade e-marketplace links buyers and sellers throughout Switzerland and Europe, accelerating trade and reducing costs for trading partners.
Commerce One Joint E-Commerce Solution with SAP
In June 2000, SAP and Commerce One committed to delivering a joint, global e-commerce solution with a tightly integrated go-to-market strategy. In August 2000, Commerce One and SAPMarkets rolled out their jointly developed products, MarketSet and Enterprise Buyer, which combine the Commerce One e-marketplace infrastructure with e-procurement, supply chain, product planning and analysis applications from SAP and SAPMarkets. In the third quarter of 2000, SAPMarkets and Commerce One announced several jointly enabled e-marketplaces, including Enporion for the energy and utility industry; Quadrem for the mining, minerals and metals industry; ForestExpress for the forest products industry and Cable & Wireless, a horizontal e-marketplace where European companies can purchase indirect products.
"The delivery of our first joint solution demonstrates the teamwork between SAPMarkets and Commerce One to produce the next generation of global e-business software," said Bernd-Uwe Pagel, managing director of SAPMarkets Europe. "The result is a joint e-marketplace and e-procurement solution of unparalleled scope and depth that will enable our customers to work together around the world."
Commerce One To Establish Go-To-Market Strategy with Microsoft
Microsoft and Commerce One formed an alliance to drive the growth of e-marketplace adoption and to develop and deliver Commerce One e-marketplace infrastructure technologies optimized for the Microsoft.NET Platform. This joint initiative, was developed to help simplify and accelerate the adoption of e-marketplaces. A mere 29 days after the announcement of joint initiative, UK-based Asite announced the establishment of an e-marketplace for the $786 billion European construction industry based on the joint Commerce One/Microsoft solution.
Steve Ballmer, president and CEO of Microsoft, said, "We believe the combination of Commerce One's global industry expertise and marketplace solutions with the business agility of the Microsoft.NET Platform will provide Asite.com, as well as other EMEA-based e-marketplaces, with increased speed-to-market, seamless product integration and new business opportunities."
Commerce One Broadens Platform Choices for Customers
Demonstrating its strategy of designing open market technology to leverage the leading computing platforms, Commerce One announced an alliance with Sun Microsystems to develop Commerce One solutions optimized for the Sun Solaris Operating Environment platform.
Commerce One Increases Reach to New Markets
In addition to bolstering its EMEA operation with 16 key senior and executive level employees, Commerce One strengthened its presence in EMEA through independently owned and operated distributor operations in Israel, the Middle East, India, Greece and South Africa. Progress includes:
Israel: Israel distributor operations first e-marketplace was announced on November 16, 2000 with partners Bank Hapoalim, Compaq Israel, Internet Gold, Ofek Newworld and The Israel Corporation. The e-marketplace is expected to allow companies of all sizes across Israel to save time and money by moving their business commerce online. The service will encompass the purchase of indirect goods and services.
Middle East: Middle East distributor operations, based in Dubai, covers the following 14 countries: Algeria, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, Turkey, United Arab Emirates and Yemen. The Middle East distributor operations was established to power e-marketplaces for companies in the Middle East.
India: India distributor operations commenced on August 2, 2000, is supported by Andersen Consulting, HDFC Bank, ICICI and PricewaterhouseCoopers. Under this agreement, the India distributor operations has agreed to establish a regional e-marketplace, called Gate2biz.com, to be used by companies throughout India, Nepal, Sri Lanka, Bhutan and the Maldives, and with plans to extend into Pakistan and Bangladesh.
Greece: Greece distributor operations has established a new company called CosmoONE to launch a regional e-marketplace to link buyers and sellers of indirect goods throughout Greece.
South Africa: South Africa distributor operations announced its first e-marketplace in Africa, MARKETSITEafrica.com, and first African transaction with Sasol, South Africa’s largest producer of synthetic fuels and chemical products.
About Commerce One
Commerce One (NASDAQ: CMRC) is the leader in global e-commerce solutions for business. Through its products and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. The Commerce One Global Trading Web is the world's largest business-to-business trading community. Comprised of many open e-marketplaces, the Global Trading Web provides unprecedented economies of scale for buying organizations, suppliers, and service providers worldwide. Through its alliance with SAP AG and SAPMarkets, Commerce One enables enterprises and communities of all sizes and industries to efficiently conduct collaborative business on the Internet. Commerce One can be reached by phone at its Pleasanton, Calif. headquarters at (800) 308-3838 or (925) 520-6000; or in Europe at +44 1753 483000; or in Asia at +852 2251 1939; or via the Internet at http://www.commerceone.com
Forward Looking Statements
The foregoing paragraphs include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements concerning Commerce One’s efforts to move global e-commerce onto the World Wide Web, the further expansion and development of an extensive network of e-marketplaces around the globe, the ease and capabilities of the Commerce One solutions used to power such e-marketplaces, and the anticipated benefits to be gained by sellers and buyers using such e-marketplaces. These statements are subject to risks and uncertainties. Actual results may differ materially from those described in such statements as a result of a number of factors. These factors include, but are not limited to, the risk that the e-marketplace infrastructure solutions delivered may not meet user expectation, the extent of user adoption and utilization of such solutions, actual efficiencies and economies of scale may not be as pronounced as those anticipated, Commerce One's limited operating history, history of losses and anticipation of continued losses, potential volatility of quarterly operating results, the ability of Commerce One to successfully implement its expansion plans, unexpected operational difficulties, risks related to the Internet, general economic conditions, and intense and increasing competition in the market. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 1999 and its quarterly report on Form 10-Q for the quarter ended September 30, 2000.
Commerce One, Many Markets. One Source. Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, XML Development Kit, XML Commerce Connector, MarketSite Builder, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. Enterprise Buyer and MarketSet are trademarks of Commerce One, Inc., SAP AG, and SAPMarkets. All other company, product, and brand names are trademarks of their respective owners.
For further information or country specific contacts, please call:
Commerce One, EMEA
+44 (0) 1753 483 000
+44 (0) 7901 555 644
Stella Couch/Nick Craven
Write Image for Commerce One
+44 (0) 20 79 59 54 00
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