Fatbrain.com Launches Information Exchange for Wells Fargo
Intranet Solution Serves 70,000 Employees Worldwide
SANTA CLARA, Calif.--(BUSINESS WIRE)--April 3, 2000--Fatbrain.com (Nasdaq: FATB - news) today announced it has added Wells Fargo & Company (NYSE: WFC - news) to its growing list of business-to-business clients. Using Fatbrain.com's Information Exchange solution, Wells Fargo has provided approximately 70,000 employees worldwide access to two centralized sources for knowledge resources including books, technical documents and training solutions.
Information Exchange brings together Fatbrain.com's e-commerce expertise, secure digital publishing technology known as eMatter, established print-on-demand infrastructure, comprehensive professional bookstore and world-class distribution and fulfillment services to deliver a powerful and complete Web-based solution for outsourcing mission-critical internal and external corporate information. The Fatbrain.com Information Exchange solution also integrates with existing business processes to give the client organization control over procurement.
Wells Fargo has teamed with Fatbrain.com to offer both a technical and a corporate bookstore to meet the corporation's specific needs. The technical store features IT-based publications covering subjects like Windows NT, Web site design, software engineering, networking, enterprise applications and more general technical categories such as end-user guides and emerging technology. The corporate bookstore features business-based publications on e-commerce, management, investment banking, commercial banking, international banking, real estate and other business publications.
``As a leader in the banking industry, Wells Fargo understands the importance of providing the resources and tools needed to develop professional skills throughout its work force,' said Yael Schwartz, manager of Wells Fargo's Knowledge Management Department. ``Using our online bookstore allows our employees to easily search for, evaluate and receive needed technical and business resources for self-development or for departmental training in a way that is both timely and cost effective.'
``Wells Fargo joins many companies that are leaders in their fields who see the value in outsourcing their document and information management needs with an expert in that field,' said Dennis Capovilla, president and chief operating officer of Fatbrain.com. ``With Information Exchange, we're changing the way businesses serve their internal communities for documents and information. We make the whole process simpler and less expensive for the corporation, while providing more options for internal constituents.'
Wells Fargo joins hundreds of industry leading companies including Hewlett-Packard Co. (NYSE: HWP - news), Sun Microsystems Inc. (Nasdaq: SUNW - news), Cisco Systems Inc. (Nasdaq: CSCO - news), GTE Corp. (NYSE: GTE - news), and Lucent Technologies Inc. (NYSE: LU - news) that have already implemented Fatbrain's Information Exchange solutions.
About Wells Fargo & Company
Founded in 1852, Wells Fargo is a $218 billion diversified financial services company providing banking, investment management, brokerage services, trust and private banking, insurance, mortgage and consumer finance through 5,310 stores, the Internet (wellsfargo.com) and other distribution channels across North America.
About Fatbrain.com
Fatbrain.com is the leader in managing, marketing and distributing information for businesses. Today, the company's business-to-business solutions reach more than 2.25 million employee desktops at more than 300 Fortune1000 corporations worldwide. Fatbrain provides businesses with a comprehensive Web-based solution for information exchange by combining its leading professional bookstore with unique print-on-demand capabilities and enterprise eMatter, a customized implementation of its secure digital publishing solution, for the printed and digital delivery of valuable, mission critical corporate information. Fatbrain.com enables paper and digital documents to co-exist in an organized and highly-accessible fashion. Last year, the company was named the second fastest-growing public company in Silicon Valley. Visit Fatbrain.com on the Web at fatbrain.com. |
