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a bottom is a bottom is a bottom, ~OR~ been down so long, it feels like up to me ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ LATIN EVENTURES LAUNCHES BUSINESS-TO-BUSINESS E-COMMERCE SOLUTION IN BRAZIL - FIRST-OF-A-KIND E-COMMERCE TOOL TO HELP STREAMLINE CORPORATE Purchasing Processes -
TUESDAY, DECEMBER 07, 1999 9:02 AM - PRNewswire
SAO PAULO, Brazil, and IRVINE, Calif., Dec 7, 1999 /PRNewswire via COMTEX/ -- Latin eVentures Ltd., a recently formed electronic commerce holding company, announced today it has launched the first business-to-business electronic commerce solution in Brazil. The electronic commerce tool, eAquiB2B, will provide large Brazilian corporations with real-time online access to the largest inventory of computer hardware and software products available in Brazil.
Cenmar Fuertes, founder, president and COO of Latin eVentures, said, "We are very excited about the launch of eAquiB2B. This new web-based corporate solution is specifically designed for corporate chief information officers and purchasing managers who make important computer buying decisions for their companies on a daily basis. Through our custom-developed web sites these executives now have access to the largest online inventory of brand name computer products in Brazil -- all at one convenient location."
Teaming up with a Distribution Giant
Latin eVentures has formed a strategic long-term relationship with Ingram Micro Brazil, a subsidiary of Ingram Micro Inc., the world's leading wholesale provider of technology products and services.
Through eAquiB2B, corporate executives now have immediate online access to more than 40 product lines and 10,000 SKUs (stock keeping units) of the leading brand names in the computer industry, including Apple, 3Com, Compaq, IBM, Novell, Sony, Microsoft and hundreds more. These product lines give customers access to the vast majority of all IT products available in Brazil.
Real-Time Inventory and Technical Information
Together with Ingram Micro, Latin eVentures is pioneering the first implementation of Ingram Micro's InsideLine technology in Latin America. InsideLine is an innovative technology that enables Latin eVentures customers' with real-time inventory, pricing, and order fulfillment via secure Internet data exchange on thousands of IT products.
Hans Koppen, president of Ingram Micro Latin America and senior vice president Ingram Micro, said, "We are delighted to be partnering with Latin eVentures. The company's innovative business model will provide efficiencies in the IT supply chain throughout Latin America."
In addition, Latin eVentures and Ingram Micro will provide corporations with access to Ingram Micro's TechNotes information resource. TechNotes was developed by Ingram Micro and provides CIOs and procurement managers with in-depth technical information, including product specifications and sales materials from hundreds of manufacturers. Through this business tool, procurement managers are empowered to make accurate purchasing decisions and are armed with up-to-date information about the latest products and technology.
Local Talent, Global Vision
Latin eVentures set out to bring together a powerful team of executives in the distribution industry. The company's executive team is comprised of Cenmar Fuertes who is the founder, president and COO. Prior to creating Latin eVentures, Fuertes served as director of global sales for Ingram Micro, Inc. His last assignment with Ingram Micro took Fuertes to Japan, where he managed the strategic relationship between Ingram Micro and Softbank Corporation, Japan's leading distributor and Internet conglomerate.
The company's Brazilian operations are being managed by Marco Antonio Rossi, former president of CHS Electronics Brazil, and founder of Via Brasil Distribuidora. Rossi is a highly respected and well-known computer industry executive with more than 20 years of experience in IT operations, sales and the distribution industry in Brazil.
In addition, the company is in the process of recruiting executive leadership talent in the information technology, financial, marketing and legal arena in Mexico, Argentina and Chile.
Said Fuertes, "It is critically important for us to marry top executive talent, who have the local know-how and proven business expertise, with the latest technological advances and information available on a global basis. Our goal is to hire local talent with a global vision in each country we serve."
About Latin eVentures Ltd.
Latin eVentures was founded in June 1999 and is an e-commerce holding company based in Hamilton, Bermuda. The company's main U.S. offices are located in Irvine, California. Latin eVentures' mission is to establish a number of e-commerce companies throughout Latin America focused on delivering the best on-line experience for customers in the region. Latin eVentures has offices in Sao Paulo, Mexico City, Buenos Aires, and Santiago. Latin eVentures can be found at www.latineventures.com.
SOURCE Latin eVentures Ltd.
(C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Kirsten Frosh of Meridian Communications, 714-633-2033, Kfrosh@pacbell.net, for Latin eVentures Ltd.; or Regina Pimenta, 55-11-3061-9187, regina@pimenta.com, for Latin eVentures Ltd. WEB PAGE: latineventures.com GEOGRAPHY: California Brazil INDUSTRY CODE: CPR MLM SUBJECT CODE: PDT
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