Commerce One Essay, Research PaperCommerce One Inc. ( Nasdaq: CMRC ) and SAPMarkets, Inc. , the SAP AG ( NYSE: Sap ) subordinate, today announced they will present their joint e-marketplace solution for the Integrated Business Exchange ( IBX ) , throughout the Nordic part.
The independently owned unfastened exchange, founded by Ericsson, SEB and b-business spouses will associate purchasers and Sellerss of goods and services across all industries and states in the Nordic part.IBX will run on MarketSet ( TM ) , the joint solution late developed by Commerce One and SAPMarkets. As Commerce One and SAPMarkets & # 8217 ; first articulation Nordic client, IBX will go a prima B2B e-marketplace in the Nordic part and fall in the Commerce One Global Trading Web ( TM ) , the universe & # 8217 ; s largest business-to-business ( B2B ) trading community.By transacting through IBX, it is expected that enterprises throughout the Nordic part, including Sweden, Denmark, Finland and Norway, will be able to carry on concern with greatly increased velocity, range and efficiency.& # 8220 ; The advanced architecture of the SAPMarkets and Commerce One solution and their experience in constructing international e-marketplaces convinced us to take them as spouses, & # 8221 ; said Hans Ahlinder, CEO of IBX. & # 8220 ; By following the SAPMarkets and Commerce One solution, we will be able to offer our clients even more effectual ways of making business. & # 8221 ;Bernd-Uwe Pagel, pull offing manager of SAPMarkets Europe, said, & # 8220 ; By using MarketSet, the SAPMarkets and Commerce One articulation solution, IBX offers concerns in the full Nordic part enormous chance to drastically cut down order-to-delivery rhythm times, better client relationships and increase productivity. & # 8221 ;& # 8220 ; We believe IBX is in an ideal place to revolutionise B2B e-commerce in the Nordic part, & # 8221 ; said Paul Taylor, frailty president and general director of EMEA Operations for Commerce One.
& # 8220 ; We expect that concerns take parting in this e-marketplace will profit from an unfastened B2B substructure and solution leting them to easy transact and join forces with one another regionally and on a planetary graduated table through the Global Trading Web. & # 8221 ;IBX is presently in dialogue with farther possible investors across the Nordic part to fall in forces on this exchange.Global Trading WebFounded by Commerce One and including taking corporations from around the universe, the Global Trading Web is the universe & # 8217 ; s largest business-to-business trading community. Comprised of many interoperating e-marketplaces, the Global Trading Web provides unprecedented economic systems of graduated table for purchasing administrations, providers, and concern service suppliers worldwide.About IBXThe IBX Integrated Business Exchange was founded in 2000 by SEB, Ericsson and b-business spouses and is one of the most powerful business-to-business exchanges in northern Europe. The market place brings together purchasers and Sellerss who want to render their concern more effectual and cost efficient and interact with each other via the Internet. Clients & # 8217 ; merchandises range from high-volume office supplies to critical IT appliances, every bit good as consultancy services. By easing efficient minutess and making a focal point of competency, IBX provides its clients with lowered costs and competitory advantages.
IBX presently has 20 employees and estimates to be 100 people in 2001.About Commerce One and SAPMarketsIn June 2000, SAPMarkets and Commerce One announced the teaming of Commerce One & # 8217 ; s taking e-marketplace substructure and B2B solutions with top-rated mySAP.com e-business applications from SAP and SAPMarkets. The joint offering combines e-procurement with collaborative services for trading communities, dramatically cut downing rhythm times, bettering client relationships and increasing productiveness for concerns worldwide. The Commerce One and SAPMarkets squad scheme is alone in the industry, including merchandise scheme, co-engineering, joint selling, gross revenues and support, and therefore offers endeavors and trading communities a individual beginning for the full scope of unfastened business-to-business solutions and e-marketplaces.
Commerce One is located in Pleasanton, Calif. , and can be reached in Europe by phone at +44 ( 0 ) 1753 483000 or via the Internet at hypertext transfer protocol: //www.commerceone.
com. SAPMarkets, based in Palo Alto, Calif. , can be found at hypertext transfer protocol: //www.sapmarkets.com. More information on SAP can be found at hypertext transfer protocol: //www.sap.com.
SAP AG and SAPMarkets Forward-Looking StatementsThis imperativeness release contains advanced statements based on beliefs of SAP direction. Any statements contained in this imperativeness release that are non historical facts are advanced statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. The words & # 8220 ; anticipate, & # 8221 ; & # 8220 ; believe, & # 8221 ; & # 8220 ; estimation, & # 8221 ; & # 8220 ; anticipate, & # 8221 ; & # 8220 ; intend, & # 8221 ; & # 8220 ; may, & # 8221 ; & # 8220 ; program, & # 8221 ; & # 8220 ; undertaking, & # 8221 ; & # 8220 ; should & # 8221 ; and & # 8220 ; will & # 8221 ; and similar looks as they relate to SAP are intended to place such advanced statements. Such statements reflect the current positions and premises of SAP, and all advanced statements are capable to assorted hazards and uncertainnesss that could do consequences to differ materially from outlooks. The factors that could impact future SAP fiscal consequences are discussed more to the full in SAP filings with the U.
S. Securities and Exchange Commission ( the & # 8220 ; SEC & # 8221 ; ) , including the SAP Annual Report on Form 20-F for 1999 filed with the SEC on April 7, 2000. Readers are cautioned non to put undue trust on these advanced statements, which speak merely as of their day of the months. SAP undertakes no duty to publically update or revise any advanced statements.Commerce One Forward-Looking StatementsThe foregoing paragraphs include advanced statements within the significance of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These advanced statements include statements refering Commerce One & # 8217 ; s committedness to and outlooks sing the IBX e-marketplace, including Commerce One and SAPMarkets & # 8217 ; joint attempts to help IBX & # 8217 ; s members, providers and service suppliers in traveling their concern commercialism onto the World Wide Web, and the expected benefits, including an unfastened B2B substructure and solution, improved efficiency and increased range and velocity.
Actual consequences may differ materially from those described in such statements as a consequence of a figure of factors. These factors include, but are non limited to, the hazard that the IBX e-marketplace may non execute with the easiness and effectivity that is expected, the extent of usage of such e-marketplace by IBX members, providers and service suppliers, existent efficiencies and economic systems of graduated table may non be every bit marked as those anticipated by the parties, unexpected operational troubles, fluctuations in operating consequences, the cooperation of the parties, general economic conditions, and intense and increasing competition in the market. For a treatment of these and other hazard factors that could impact Commerce One & # 8217 ; s concern, see & # 8220 ; Risk Factors & # 8221 ; in Commerce One & # 8217 ; s filings with the Securities and Exchange Commission, including its one-year study on Form 10-K for the twelvemonth ended December 31, 1999 and its quarterly study on Form 10-Q for the one-fourth ended June 30, 2000.