SciQuest.com is First Scientific Business to Sign on With Commerce One
01/20 08:55
<SQST.O>
biz.yahoo.com
SciQuest.com is First Scientific Business to Sign on With Commerce One MarketSite Trade Zone Program
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Jan. 20, 2000-- SciQuest.com(TM) (Nasdaq: SQST), a leading business-to-business e-marketplace for the global scientific products industry, today announced it is the first scientific business member of the Commerce One, Inc. (Nasdaq: CMRC) MarketSite Trade Zone program.
This program enables SciQuest.com, a Net Market Maker, to integrate its product offerings for the scientific, university, clinical and industrial markets with Commerce One MarketSite, the U.S. portal for exchanging goods and services among businesses worldwide. Through the Commerce One MarketSite Trade Zone program, SciQuest.com can directly link to the Commerce One Global Trading Web, the world's largest business-to-business trading community.
Commerce One MarketSite Trade Zone offers both vertical and functional Net Market Makers the opportunity to place branded information on specially designed, partner-sponsored content pages on Commerce One MarketSite. SciQuest.com will provide its customers a streamlined process of selecting and purchasing goods and services from a broad array of suppliers with access to hundreds of thousands of industry-specific products, 24 hours a day, seven days a week, all within the context of the buying organization's established procurement process.
"As Commerce One's first Trade Zone partner representing the scientific products industry, we are making it easier for buyers and sellers to access needed products and information on a global scale," said Scott Andrews, CEO, SciQuest.com. "We believe that being a MarketSite member will allow us not only to help our customers reduce operating resource costs, decrease cycle time and improve supply chain control, but ultimately to increase end-user satisfaction."
SciQuest.com brings together buyers and suppliers of scientific products in an e-marketplace that provides researchers and purchasing agents with access to information on almost one million scientific products. Users are able to search multiple suppliers' products simultaneously, compare product attributes, order from multiple companies on one consolidated order form and track order status. In addition, SciQuest.com enhances the user's purchasing experience through unique features such as Auctions, Favorites, LabDeals and QuickOrder, as well as through search assistance tools such as Ask Joe and the Source Book. More information on these features can be found by visiting sciquest.com .
"Having SciQuest.com on board as a member of our Commerce One MarketSite Trade Zone program further validates our goal to bring Net Market Makers together across a broad range of industries," said Roy Satterthwaite, Vice President of Commerce One MarketSite. "We will help SciQuest.com extend their branding and competitive differentiation for the benefit of the buyer and supplier of scientific products."
Through Commerce One MarketSite Trade Zone, Net Market Makers are able to make their services and content available to users of other MarketSite portals on the Global Trading Web. Current regional MarketSite operating partners include British Telecommunications (BT) in the United Kingdom, Cable & Wireless Optus in Australia, NTT Communications in Japan, SESAMi.com in Southeast Asia, TD Bank in Canada and a new joint-venture company being formed by Commerce One and Grupo Financiero Banamex-Accival ("Banacci"), Mexico's main financial group. A Net Market Maker is an online intermediary that connects buyers and sellers via the Internet. |
