(COMTEX) B: Hyporium Helps 37 Resellers Tap Into GBP 350bn of Europea B: Hyporium Helps 37 Resellers Tap Into GBP 350bn of European IT Trade CHATSWORTH, Calif., Oct 15, 1999 (BUSINESS WIRE) -- Leading resellers including Business Systems Group (BSG), Integrated Network Solutions (INS) and CAE Office Systems are set to gain a foothold in Europe's massive IT market after joining Hyporium(TM), Hyperchannel's revolutionary European Internet trading hub. Hyporium(TM) is the first of its kind to facilitate real-time trading between end users and resellers, distributors and manufacturers. Buying IT through Hyporium(TM) will not only cut out the estimated 33 telephone calls it takes to make a purchase by traditional methods, but also bring the cost of the average business-to-business transaction down from GBP 50 to GBP 5. Other resellers who intend to secure a piece of the estimated GBP 350bn of IT trade in Europe by 2002 include Bridon, City Cable, Internet Solutions, Eastcote Computers Ltd, Lawtech Ltd, Microsystems Ltd, Westwood Associates and many more. Paul Buckingham, MD of BSG, said: "We have been considering the Web and how best we could utilize the obvious advantages it offers. Using the Hyporium(TM) Trading Hub has allowed us to build our e-commerce store quickly and cheaply while avoiding many of the usual ongoing maintenance commitments. "Our decision to sign on to the Hyporium(TM) site was simple -- it offered us a new broad customer base, a better service to existing customers, a lower cost of sales and broader product range, and of course, the important increase in profitability." Nick Kandola, Managing Director, Hyperchannel Ltd, said: "Hyporium(TM) has offered BSG a quick, cost-effective route to getting on the Web, in what is essentially a 'no risk' environment. Our vision was to create an environment which brought together in one digital process the essential elements of channel trade. Hyporium(TM), and our trading partners, represent exactly this." Now part of Hyporium(TM), a revolutionary online trading hub that allows buyers, resellers, distributors and manufacturers to trade online, these big guns join several other key distributors, including Logitek, InterQuad, West Coast and Unipalm. Hyporium(TM) is the brainchild of Hyperchannel Ltd, which specializes in creating dynamic channels for new and emerging Internet-based technologies, and is an affiliated company of MRV Communications Inc. About MRV Communications Inc. MRV Communications Inc. is a world-class leader in optical access. Its products integrate fiber-optic transmission, switching, routing and remote access to enhance the performance of enterprise and carriers' networks. MRV's fiber-optic transmission components send Broadband Internet, voice, cable and cellular telephony to carriers and access networks. Through its NBase-Xyplex brand, the company provides network enhancement solutions that accelerate the deployment and improve the performance of complex data networks. For more information, visit MRV at www.mrv.com. Note to Editors: MRV and its logos are registered trademarks of MRV Communications Inc. All other names may be trademarks, service marks or registered trademarks of their respective vendors. Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: MRV Communications Inc. Diana Hayden, 818/886-6782 (Investor Relations) WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INTERNATIONAL EUROPE INDUSTRY CODE: E-COMMERCE NETWORKING TELECOMMUNICATIONS SOFTWARE HARDWARE INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. *** end of story *** |