VerticalNet Named to the FORTUNE e-50 Index of the Internet Economy
BusinessWire, Thursday, December 02, 1999 at 08:33
HORSHAM, Pa.--(BUSINESS WIRE)--Dec. 2, 1999--VerticalNet, Inc.,
the Internet's leading portfolio of business-to-business communities
of commerce, has been named by FORTUNE magazine to the FORTUNE e-50
Index, along with America Online, IBM, Amazon.com, Microsoft, Yahoo!
and Cisco Systems.
The FORTUNE e-50 was introduced as a regular feature in FORTUNE's
December 6th issue as an effective proxy for the Net economy, tracking
companies across the spectrum of the e-business world.
VerticalNet(R) is one of 19 companies listed in the "E-companies"
category, defined by FORTUNE as companies redefining not only the way
business is done, "but also how we shop, communicate, advertise,
entertain ourselves, plan our lives, and manage our finances. They
embody wildly different business models."
VerticalNet's trade communities provide users with comprehensive
sources of information, interaction and e-commerce. These industry
specific sites -- such as ComputerOEM Online
(www.computeroemonline.com), Plant Automation.com
(www.plantautomation.com) and Semiconductor Online
(www.semiconductoronline.com) --comprise 10 industry groups, including
Advanced Technologies, Communications, Environmental, Food
Service/Hospitality, Food and Packaging, Healthcare, Manufacturing and
Metals, Process, Sciences, and Services.
"We are proud to be recognized as an industry leader", said Mark
Walsh, President and CEO of VerticalNet. "Awareness and understanding
of business-to-business e-commerce has come a long way this year, and
I think VerticalNet's inclusion on the index speaks volumes about our
future of leveraging in the transforming power of the Internet to
global trading communities."
About VerticalNet
VerticalNet, Inc. (www.verticalnet.com), owns and operates 53
industry-specific Web sites designed as online business-to-business
communities, known as vertical trade communities. These vertical trade
communities provide users with comprehensive sources of information,
interaction and e-commerce.
They are grouped into 10 sectors: ADVANCED TECHNOLOGIES:
Aerospace Online, Auto Central.com, ComputerOEM Online, Embedded
Technology.com, Plant Automation.com, Semiconductor Online, Test and
Measurement.com; COMMUNICATIONS: Digital Broadcasting.com, EC Online,
Fiber Optics Online, Photonics Online, Premises Networks.com, RF
Globalnet, Wireless Design Online, Wireless Networks Online;
ENVIRONMENTAL: ElectricNet, Pollution Online, Power Online,
PublicWorks Online, Pulp and Paper Online, Safety Online, Solid Waste
Online, Water Online; FOOD AND PACKAGING: Bakery Online, Beverage
Online, Dairy Network.com, Food Ingredients Online, Food Online, Meat
and Poultry Online, Packaging Network.com; FOODSERVICE/ HOSPITALITY:
E-hospitality.com, Foodservice Central.com; HEALTHCARE/SCIENCE:
Bioresearch Online, Drug Discovery Online, E-Dental.com, Home Health
Provider.com, Hospital Network.com, Laboratory Network.com, Long Term
Care Provider.com, Medical Design Online, Nurses.com; MANUFACTURING
AND METALS: Machine Tools Online, Metrology World.com, Surface
Finishing.com, Tooling Online; PROCESS: Adhesives and Sealants.com,
Chemical Online, Hydrocarbon Online, Paint and Coatings.com,
Pharmaceutical Online, Online, Oil and Gas Online; SERVICE: HR
Hub.com, Property and Casualty.com.
VerticalNet is the registered trademark of VerticalNet, Inc. All
other names are trademarks and/or registered trademarks of their
respective owners.
CONTACT: VerticalNet
For investor relations:
The Poretz Group investor relations
Esther Smith, 703/506-1778 x 225
esther@poretz.com
or
For media inquiries:
Peppercom
Peter Harris, 212/931-6112
pharris@peppercom.com
KEYWORD: PENNSYLVANIA CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET
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