ARBA,
Hallmark Selects Ariba B2B Commerce Platform for Procurement Savings and Efficiencies
MOUNTAIN VIEW, Calif., Jan 16, 2001 /PRNewswire via COMTEX/ -- Ariba, Inc. (Nasdaq: ARBA chart, msgs), the leading business-to-business (B2B) eCommerce platform and network services provider, today announced that Hallmark Cards, Inc. has selected the Ariba(R) B2B Commerce Platform(TM) to manage its global procurement process.
Hallmark will use Ariba(R) Buyer(TM) 7.0, the latest version of the leading Ariba solution, to streamline purchasing of products and services, such as office supplies and travel, for its corporate offices, manufacturing plants, and subsidiaries worldwide. With Ariba Buyer, Hallmark can electronically collect, route and process purchasing requests from employee desktops and direct spending to preferred suppliers and B2B marketplaces, resulting in significant time and cost savings.
"The cost reductions and increased efficiencies that Ariba can provide a global organization like Hallmark will yield long-term benefits," said John Magner, vice president, North American operations with Ariba Inc. "We are pleased to be able to assist a well-known company such as Hallmark in working toward its aggressive growth goals."
Phase one of the Ariba solution deployment at Hallmark is expected to be completed by second quarter 2001, and will include users spanning six sites.
As an Ariba Buyer customer, Hallmark will have access to thousands of suppliers worldwide through the Ariba(R) Commerce Services Network(TM) (Ariba CSN) allowing for transparent collaboration between buyers and suppliers. Ariba CSN is Ariba's network infrastructure for delivering commerce services to companies in the B2B ecosystem. These open services extend and redefine interaction and collaboration between B2B trading partners globally and include directory and registration services, transaction management, catalog services, content delivery and discovery services, financial services, sourcing services, and logistics and supply chain management.
Founded in 1910, Hallmark has 20,945 full-time employees worldwide and publishes products in over 30 languages, distributed in more than 100 countries.
About Ariba, Inc.
Ariba, Inc. is the leading business-to-business (B2B) eCommerce platform provider. Through the Ariba B2B Commerce Platform -- an open, end-to-end infrastructure of interoperable software solutions and hosted Web-based commerce services -- the company enables efficient online trade, integration and collaboration between B2B marketplaces, buyers, suppliers and commerce service providers. The global reach and best-of-breed functionality of the Ariba B2B Commerce Platform create Internet-driven economies of scale and process efficiencies for leading companies around the world. Ariba can be contacted in the U.S. at 650-930-6200 or at www.ariba.com.
NOTE: Ariba and the Ariba logo are registered trademarks of Ariba, Inc. in the United States and in other countries. Ariba B2B Commerce Platform, Ariba Buyer, Ariba Marketplace, Ariba Dynamic Trade and Ariba Commerce Services Network are trademarks of Ariba Inc.
Safe Harbor Statement Under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, but are not limited to: delays in development or shipment of new versions of our Ariba B2B Commerce Platform; lack of market acceptance of the Ariba B2B Commerce Platform or other new products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; our ability to attract and retain qualified employees; difficulties in assimilating companies recently acquired, including Tradex, Trading Dynamics, and SupplierMarket.com; inability to expand our operations to support increased growth; the recognition of an increasing portion of revenues at the end of the quarter; declining economic conditions, including a slowdown or recession; inability to control costs; changes in our pricing or compensation policies; and significant fluctuations in our stock price. These and other factors and risks associated with our business are discussed in the Company's Form 10-K filed December 29, 2000.
CONTACT: Louise Runkle of Ariba, Inc., 650-930-8354, or lrunkle@ariba.com.
Source: Ariba, Inc |
