iCongo.com Goes Live with Calico Commerce; Establishing Premier International Net Marketplace for Sporting Goods SAN JOSE, Calif.--(BUSINESS WIRE)--June 13, 2000--
Calico Market Maker Powers Trading Exchange Serving Multiple Buyers and Suppliers in the $100 Billion Sporting Goods Market
Calico Commerce (Nasdaq:CLIC), a leading provider of eBusiness applications that enable companies to sell over the Web, today announced that iCongo.com, the business-to-business marketplace for the sporting goods industry, has successfully deployed Calico Market Maker.
Using Calico Market Maker, iCongo.com is already accelerating time to market, driving sales and creating a compelling e-Commerce experience for its multiple buyers and sellers. Calico's standards-based architecture, ease of deployment, and ability to build many-to-many digital marketplaces helped iCongo.com become the first company to establish a Net marketplace for sporting goods.
iCongo.com evaluated a number of software applications to serve as the platform for its online trading exchange and determined that Calico offered the most comprehensive solution to meet its diverse needs. iCongo.com recognized that Calico Market Maker would enable a many-to-many marketplace featuring thousands of catalogs with multiple products from numerous suppliers. Calico's scalable architecture, quick deployment and proven success with its existing customers were primary factors in iCongo.com's decision to implement Calico. Calico Market Maker also offered iCongo.com a wide range of functionality including approval confirmation, transaction processing, order tracking and notification making for a more streamlined and comprehensive supply chain and one-stop purchasing location.
"After reviewing a number of solutions in the market, it became clear to us that Calico Market Maker was the right product for us because of its comprehensive functionality, ability to handle high order volume, and more importantly, its ease of deployment," said Irwin Kramer, founder and CEO of iCongo.com. "As the marketplace evolves, we will continue leveraging Calico's standards-based eBusiness solutions to enhance the exchange to help us maintain our growth rate and drive revenue."
Since implementing Calico Market Maker, iCongo.com has registered a variety of additional suppliers and buyers in its digital exchange. Two prominent suppliers include the Collegiate Licensing Company, which represents 2,400 manufacturers of apparel, footwear, equipment and accessories for leading colleges in the U.S., as well as the Hockey Company, the world's leading hockey equipment producer.
"Our Net marketplace is attracting thousands of buyers and sellers," added Kramer. "With Calico Market Maker as our Net Market platform, we expect to maintain an exponential growth rate over the next two years, which will continue to boost our revenues."
"The iCongo.com deployment is a great example of how Calico's robust solution helps Net marketplaces get into full operation quickly and efficiently, while providing the ability to customize sites to meet the individual needs of buyers and suppliers," said Alan Naumann, president and CEO of Calico Commerce. "We are extremely proud to have played a role in helping iCongo.com realize its vision of launching the first sporting goods Net marketplace. The response to iCongo.com has been spectacular, and truly shows the demand and convenience of Net markets."
About Calico Market Maker
Calico Market Maker(TM) is a 100% Pure Java(TM) product that was designed to be a robust business-to-business Net market platform for many-to-many digital marketplaces. To accelerate time to market and make the selling process more efficient, Calico Market Maker provides an integrated solution that includes cross-supplier catalog, customized pricing, buyer profiling and user content, back-end system integration and fulfillment tracking information. Calico Market Maker also streamlines the e-Commerce process by dynamically connecting multiple buying and selling organizations via the Internet and provides the out-of-the-box functionality required for corporations to rapidly and cost-effectively bring their businesses onto the Web and begin taking orders-often in less than 90 days. In addition, Calico's patented agent technology allows Net market makers to build communities by grouping appropriate buyers and sellers, and proactively notifying buyers about new products and services that are available to them.
About iCongo.com
iCongo.com, with offices in Montreal, Boston and New York, is the Business-to-Business (B2B) Marketplace built specifically for the sporting goods industry. The Marketplace provides its users with the ability to conduct highly effective business-to-business commerce over the Internet. iCongo.com's Marketplace is designed to create supply chain efficiencies for both Buyer and Seller companies, and includes fully digitized sales and procurement modules, EDI, auctions and tenders, customer service facilities, and Internet communication services between trading partners. Buyers and Sellers can utilize the Marketplace with minimum investment. iCongo.com can be found on the Internet at www.icongo.com.
About Calico Commerce, Inc.
Calico Commerce, Inc. (Nasdaq:CLIC) provides an eBusiness application suite that enables leading corporations to sell products and services through the Web, and existing channels in Net Markets. Calico's open-standards eBusiness applications match unique customer needs to products that drive revenue growth, increase customer satisfaction and achieve competitive advantage. Calico customers include leaders in high-technology hardware, manufacturing, telecommunications services, financial services, home furnishings, chemicals, agriculture and retail. Calico Commerce, Inc., headquartered in San Jose, Calif., can be found on the World Wide Web at www.calico.com.
Except for the historical information contained herein, the matters discussed in news releases contain forward-looking statements that involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such forward-looking statements. Potential risks and uncertainties are described in detail in public reports filed with the Securities and Exchange Commission such as Calico's Registration Statement on Form S-1 and on Form S-4 in connection with the ConnectInc.com acquisition.
CONTACT:
Horn Group, Inc.
Deborah J. Souza, 415/905-4022
dsouza@horngroup.com
mailto:dsouza@horngroup.com
or
Cynthia McHugh, 415/905-4014
cmchugh@horngroup.com
mailto:kbelding@horngroup.com
or
Calico Commerce, Inc.
Katie Belding, 408/808-7655
kbelding@calico.com
mailto:kcancilla@calicocommerce.com |