PPRO keeps the news ink flowing...
e2bsolutions Creates a One-Stop e-commerce Destination for the Education,
Healthcare, Government and Utilities Verticals Powered by PurchasePro.com
DETROIT, Jul 14, 2000 /PRNewswire via COMTEX/ -- e2bsolutions, LLC, a provider
of Internet business-to-business electronic commerce for buyers and sellers in
the education, government, healthcare and utilities verticals, announced today
that it has created a one-stop e-commerce destination site for its four target
industries powered by PurchasePro.com (Nasdaq: PPRO), the leader in browser-
based business-to-business e-commerce solutions.
"Delivering value and efficiencies in every aspect of our business, including
technology and its supporting infrastructure, are key objectives for
e2bsolutions," said Bill Brooks, Sr., Chairman, e2bsolutions. "This new
e-marketplace is a win-win for consumers and both companies, enabling us to
remain on the cutting edge in an ever-changing technological universe," Brooks
stated.
e2bsolutions creates global web-based trading communities that offer solutions
in Internet purchasing management and streamlines the procurement process for
large, medium and small companies in the areas of education, healthcare,
utilities and government.
"PurchasePro.com's e-MarketPlace Maker solution is the perfect tool for enabling
e2bsolutions' marketplaces for the education, healthcare, government and
utilities industries as it provides a complete buy and sell side solution for
businesses across all vertical markets," said Christopher Carton, president and
chief operating officer for PurchasePro.com. "As we reach out to power
e-marketplaces for new verticals, we are moving toward our goal of becoming the
universal platform for all types of business-to-business exchanges."
Under the terms of the agreement, e2bsolutions will receive a custom branded
virtual marketplace with access to more than 21,000 existing buyers and
suppliers, dedicated technical support, catalog development services and
training provided by PurchasePro.com. The two companies will also share revenue
generated by the four e-marketplaces.
About e2bsolutions, LLC
e2bsolutions develops global, sector-specific electronic trading communities to
motivate and facilitate business-to-business e-commerce transactions by creating
value-added benefits for all members of the supply chain process.
e2bsolutions provides e-business Internet purchasing management systems to
large, medium and small companies and streamlines the procurement process by
connecting high value trading partners to the e-communities of education,
government, healthcare and utilities.
e2b's mission is to become the dominant developer of e-commerce communities
motivating business-to-business and business-to-commerce transactions through
strategic partnerships worldwide. For information, call 313-237-8595 or visit
the beta website at www.e2bsolutions.net .
About PurchasePro.com
PurchasePro.com, Inc., a leader in Internet business-to-business e-commerce,
operates the PurchasePro.com exchange encompassing more than 21,000 businesses
and powers 155 private marketplaces with its highly scalable, browser-based
e-commerce engine. The PurchasePro.com exchange and the private marketplaces
employing its technology make it easy for businesses of all sizes to buy and
sell a wide range of products and services. PurchasePro.com enables businesses
to compete more efficiently by meaningfully reducing procurement costs and
greatly increasing employee productivity.
This press release includes forward looking statements which are subject to a
number of risks and uncertainties, including the risks and uncertainties
associated with rapidly changing technologies such as the Internet, the risks of
technology development and the risks of competition. Actual results could differ
materially. For more information about these risks and uncertainties, see the
SEC filings of PurchasePro.com, Inc., including the section entitled "Factors
That May Affect Results" in its 10-K filing for the period ended December 31,
1999 and its 10-Q for the period ended March 31, 2000, which is available from
the company on request and on the Internet at the SEC's Website, www.sec.gov .
PurchasePro.com is a trademark of PurchasePro.com, Inc. All other trademarks or
registered trademarks are the property of their respective owners.
SOURCE e2bsolutions, LLC
CONTACT: Pauline George of Vaughn Marketing Consultants, Inc.,
313-963-6220, for e2bsolutions, LLC
URL: e2bsolutions.net
prnewswire.com
(C) 2000 PR Newswire. All rights reserved. |
