Environmental Elements and VerticalNet Announce New E-Commerce Sites For Power and Pulp & Paper Markets
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EEC's Technology and VerticalNet Visibility Make Strong Combination
BALTIMORE, May 30 /PRNewswire/ -- Environmental Elements Corporation
(AMEX:EEC), the leading technology and systems integration provider of air
pollution control equipment and services in North America, announces the
creation of two E-Commerce Centers. These Centers are on Power Online and
Pulp and Paper Online, industry-specific Web sites owned by VerticalNet, Inc.
(NASDAQ:VERT), the Internet's leading portfolio of online business-to-
business trade communities.
The E-Commerce Centers will serve as EEC's highly functional online sales
channels -- attracting industry professionals, displaying EEC's product
directory and custom-built online catalog, and facilitating complete
specification and transaction processes. Additional E-Commerce Center
features include an "Auction Arena" with fixed price and traditional auction
formats, and a comprehensive Career Center featuring employment opportunities.
"Enhancing our company's presence on the Internet is a significant
accomplishment in opening these E-Commerce Centers," said John L. Sams,
President of EEC. "These global, online sales and information channels will
enable our Company to expand our business in new ways that are both efficient
and cost-effective."
Environmental Elements Corporation, a leading air pollution control
systems provider for over fifty years, designs equipment and supplies systems
and services that enable a broad range of customers in the power generation,
pulp and paper, waste-to-energy, rock products, metals and petrochemical
industries worldwide to operate their facilities in compliance with
particulate and gaseous emissions standards. The Company also supplies a
complete range of parts and services for its own systems and for systems
originally supplied by others.
VerticalNet, Inc. owns and operates 55 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 the following industry sectors: Advanced Technologies,
Communications, Environmental, Food and Packaging, Foodservice and
Hospitality, Healthcare/Science, Manufacturing and Metals, Process, Public
Sector, Service, Textiles and Apparel. Additionally, VerticalNet provides
auctions, catalogs, bookstores, career services and other e-commerce
capabilities horizontally across its communities with sites like Industry
Deals.com, IT CareerHub.com, LabX.com, and the Professional Store.com.
VerticalNet's NECX Exchange provides an exchange for the electronic components
industry.
Certain of the statements included in this news release are forward-
looking statements. These statements involve risks and uncertainties that
could cause the actual results to differ from those expressed in or implied by
such statements. These factors include the loss of bookings, increased
competition, changes in environmental regulations, and other factors.
Information on factors that could affect the Company's financial results is
set forth in the Company's filings with the Securities and Exchange
Commission, including reports filed on Form 10-K.
SOURCE Environmental Elements Corporation
-0- 05/30/2000
/CONTACT: John L. Sams, President of Environmental Elements,
410-368-7361/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 284933/
/Web site: eec1.com /
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