02 May 09:19
VerticalNet Forms Alliance With
CSC to Offer Clients B2B Software Solutions
HORSHAM, Pa.--(BUSINESS WIRE)--May 2, 2001--
CSC Named a Preferred Systems Integrator for VerticalNet's B2B
Software Solutions; Companies Targeting Discrete Manufacturing
Industries
VerticalNet, Inc. (Nasdaq:VERT), the Internet's leading business-to-business
(B2B) e-commerce enabler, announced today that it has formed an alliance with
Computer Sciences Corporation (NYSE:CSC), a leading consulting and information
technology (IT) services firm.
As part of the alliance, CSC was named a Preferred Systems Integrator for
VerticalNet's suite of B2B software, including its collaborative commerce and
supplier enablement solutions.
This new relationship extends the companies' long-standing systems
integration relationship. As part of the agreement, the companies will target
U.S.-based customers within the discrete manufacturing and other industrial
business sectors that seek B2B private marketplace solutions. In addition, the
companies will work together on a range of sales and marketing initiatives.
CSC will also maintain a team of dedicated professionals trained specifically
on VerticalNet's technology.
"Over the past few years we have worked with CSC to integrate our software
into the Net marketplaces that we have built for several of our major customers
including Elastomer Solutions," said Dwayne Spradlin, Senior Vice President of
Strategic Alliances and Corporate Development for VerticalNet. "We are now
pleased to further extend this relationship by working in tandem with CSC to
identify potential customers and provide them with best-in-class systems
integration services."
"VerticalNet continues to be ahead of the curve in developing B2B solutions,"
said CC Satterfield, a vice president in CSC's Consulting Group. "The timing
for a CSC/VerticalNet alliance couldn't be better - we believe that the
industrials' market sector is poised to take advantage of full-scale value
chain collaboration. Based on CSC's leadership position in supply
chain/supplier enablement and integration, and VerticalNet's track record in
establishing marketplaces in the industrial and manufacturing industries, we
are well positioned to help clients leverage this best-of-breed software and
begin sharing business processes across enterprise boundaries."
About CSC
Computer Sciences Corporation, one of the world's leading consulting and IT
services firms, helps clients in industry and government achieve strategic and
operational results through the use of technology. The company's success is
based on its culture of working collaboratively with clients to develop
innovative technology strategies and solutions that address specific business
challenges.
Having guided clients through every major wave of change in information
technology since 1959, CSC combines the newest technologies with its
capabilities in consulting, systems design and integration, IT and business
process outsourcing, applications software, and Web and application hosting to
meet the individual needs of global corporations and organizations.
With more than 68,000 employees in locations worldwide, CSC had revenues of
$10.2 billion for the 12 months ended December 29, 2000. It is headquartered in
El Segundo, California. For more information, visit the company's Web site at
www.csc.com
About VerticalNet, Inc.
VerticalNet, Inc. (Nasdaq:VERT) is the Internet's leading e-business enabler.
It provides suppliers and buyers with robust software solutions and Web-based
commerce services.
Through its creation of private marketplaces that connect large buyers to
networks of enabled suppliers, and its development of e-commerce tools for
small and medium-sized suppliers, the Company provides businesses with an
integrated e-commerce platform to effectively drive their improved performance.
Founded in 1995, VerticalNet, Inc. is an innovator in business-to-business
solutions.
For more information about VerticalNet, Inc., please visit
www.verticalnet.com.
CONTACT: VerticalNet, Inc.
Jessica Cassady, 215/315-3712
jcassady@verticalnet.com
KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE INTERNET
SOFTWARE MARKETING AGREEMENTS
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(END) DOW JONES NEWS 05-02-01
09:19 AM
Copyright 2001 Dow Jones & Company, Inc. |
