Nistevo and Commerce One Global Services to Help CPG Companies Leverage Collaborative Logistics Network
MINNEAPOLIS--(BUSINESS WIRE)--Jan. 18, 2001--
Nistevo(TM) to capitalize on Commerce One Global Services'
extensive e-business and CPG experience
Nistevo Corporation, the leading provider of a Web-based Collaborative Logistics Network(SM), has chosen Commerce One, Inc.(Nasdaq:CMRC) to help connect Nistevo members' enterprise systems to the Nistevo Collaborative Logistics Network. Through Commerce One Global Services, Commerce One will also help Nistevo and its members create e-business communities for the consumer packaged goods (CPG) industry.
The alliance was formed because of Commerce One Global Services' experience in e-business initiatives and demonstrated ability to deliver Internet-based solutions that integrate easily with customers' existing enterprise platforms. Commerce One Global Services offers end-to-end consulting and product solutions that link buyers, sellers, services providers and marketplace operators to form e-business communities.
Commerce One Global Services will be a resource for bringing new Nistevo.com customers onto the logistics network. Commerce One Global Services will provide enrollment services and e-business integration consulting for Nistevo's network members, enabling them to seamlessly manage logistics across both their enterprise supply chain management solutions and the Web-based logistics platform.
"Commerce One Global Services's consultants are seasoned professionals in building e-business communities and helping companies leverage e-commerce services," said Kevin Lynch, chairman and chief executive officer of Nistevo. "Combining their expertise with our collaborative business model and our Internet technology provides a powerful supply chain solution for our CPG members."
"Nistevo's Collaborative Logistics Network is a prime example of the new types of Web-based services and communities that will be critical as the world's business trade moves online," said Ken Bajaj, executive vice president and president of Global Services, Commerce One. "By working together, we believe we can extend a company's current ERP investment and deliver new levels of supply chain integration for Nistevo's CPG customers."
Nistevo will continue to provide ongoing project management involvement with each member enrollment. Commerce One consultants will be certified to implement Nistevo.com's integrated services, such as contract management, exchange and execution. They will enroll and train the users at each member company location and bring the member company "live" onto the Nistevo.com service. Nistevo will provide ongoing support to the member company.
About Commerce One
Commerce One is the e-marketplace company. Through its software, services and Global Trading Web of interconnected business communities, Commerce One enables worldwide commerce on the Internet. With headquarters in Pleasanton, California and offices around the world, Commerce One can be reached by phone at (800) 308-3838 or (925) 520-6000 or via the Internet at www.commerceone.com.
About Nistevo
Nistevo is the leading provider of a Web-based Collaborative Logistics Network(SM). The Nistevo.com network allows shippers and carriers to form collaborative communities to manage contracts online, match truck demand and capacity between trusted members and jointly execute each step of the shipment. Through this trusted community network, members can improve customer service, reduce costs, automate interaction with carriers and streamline their supply chain processes. Carriers can increase asset utilization and improve driver retention. For more information about Nistevo, visit our Web site at www.nistevo.com.
The foregoing paragraphs include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements include statements concerning the alliance between Nistevo and Commerce One and the expected benefits to be gained by customers as a result of such alliance. Any statements contained in this press release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and "will" and similar expressions as they relate to Commerce One Global Services are intended to identify such forward-looking statements. Such statements reflect the current views and assumptions of Commerce One, and all forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. These risk factors include, but are not limited to, the risk that the e-business consulting services provided may not meet user expectations, the extent of customer adoption and utilization of the services provided, actual efficiencies and economies of scale may not be as pronounced as those anticipated, general economic conditions, and intense and increasing competition in the market. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 1999 and its quarterly report on Form 10-Q for the quarter ended September 30, 2000.
CONTACT:
Nistevo Corporation, Minneapolis
Audra Wendt
952/294-1834
awendt@nistevo.com
or
Haberman & Associates
Brian Wachtler
612/339-3800
brianw@habermaninc.com
or
Commerce One Global Services
Betty Fitte
757/496-2095
betty.fitte@commerceone.com
or
Commerce One, Inc.
Rob Goodman
925/520-5082
rob.goodman@commerceone.com
KEYWORD: MINNESOTA CALIFORNIA
BW2563 JAN 18,2001
13:07 PACIFIC
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