Ariba Selects ComputerLiteracy.com to Supply Technical Information Resources to Global 2000 Buying Organizations; ComputerLiteracy.com Joins Ariba Supplier Link
SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 2, 1999-- ComputerLiteracy.com (Nasdaq:CMPL) and Ariba Technologies, Inc. today announced that ComputerLiteracy.com has joined Ariba Supplier Link(TM) (ASL(TM)) and will supply catalog content into Ariba's leading e-commerce buying solution for Global 2000 organizations. This move brings ComputerLiteracy.com's world-class selection of technical and business books, manuals and training materials to the growing number of enterprise organizations using Ariba's buy-side e-commerce solution, Ariba Operating Resource Management System(TM) (Ariba ORMS(TM)). By participating in ASL, ComputerLiteracy.com gains a distribution channel to millions of corporate buyers worldwide.
Providing packaged access to exceptional supplier content via open Internet standards, Ariba ORMS saves buying organizations the time and cost of managing their own supplier content. The Internet-based e-commerce solution reduces the cost of acquiring operating resources -- the non-production goods and services required to run a company -- by electronically connecting buyers to suppliers like ComputerLiteracy.com.
"The partnership with Ariba gives an increasing number of large enterprise customers access to ComputerLiteracy.com's selection of information resources, covering more than 800 technical subject categories," said Chris MacAskill, president and CEO of ComputerLiteracy.com. "Ariba ORMS provides access to our products through the purchasing departments of large organizations, while our own FindITnow intranet bookstore program provides customized content at the desktop level to employees of these corporations."
Organizations using Ariba's buy-side e-commerce solution currently spend an aggregate total of more than U.S. $45 billion annually on operating resources. Ariba's clients include industry giants such as Bristol-Myers Squibb, Canadian Imperial Bank of Commerce, Cisco Systems, State of California and US WEST. Access to ComputerLiteracy.com's offerings will be available for employees in these Global 2000 buying organizations in March of this year.
"Technical information resources are critical products for our customer base," said Keith Krach, president and chief executive officer at Ariba. "As the leading Internet supplier of information resources for technology professionals, ComputerLiteracy.com adds an important component to the best-of-breed lineup of suppliers who are providing content for Ariba ORMS."
About Ariba
Ariba is the leader in enterprise-wide Operating Resource Management (ORM) solutions for Global 2000 and mid-sized corporations. The company's buy-side e-commerce products deliver a high return on investment by improving the acquisition and management of operating resources, the goods and services required to operate a company. Ariba's comprehensive ORM solution leverages the Internet, corporate intranets, and an advanced network application architecture to efficiently connect requestors to approvers, buyers to suppliers, and the Ariba system to other enterprise applications. Ariba and its strategic partners offer consulting and implementation services, training, and technical support that enable rapid deployment of scalable, flexible, enterprise-wide Operating Resource Management solutions. Ariba can be contacted at +1.408.543.3800 or at www.ariba.com.
About ComputerLiteracy.com
ComputerLiteracy.com is the leading online retailer of information resources singularly focused on technical professionals. With more than 300,000 technology-focused information resource titles from more than 8,000 publishers, ComputerLiteracy.com offers individual and corporate customers online access to the broadest, most comprehensive selection of technical and business books, technology-based training solutions, product manuals, research reports and other information resources. The company offers discounts of up to 40 percent on books and resources, and all in-stock orders placed by 4 PM PST ship the same business day. Visit ComputerLiteracy.com on the web at www.computerliteracy.com.
This announcement may contain forward-looking statements that involve risks and uncertainties including, among others, ComputerLiteracy.com's limited operating history, anticipated losses, the unpredictability of its future revenues, competition, risks associated with system development and operation risks, management of potential growth, and risks of new business areas, international expansion, business combinations, and strategic alliances. Actual results could differ materially from those discussed. More information about factors that potentially could affect ComputerLiteracy.com's financial results is included in the Company's filings with the Securities and Exchange Commission, including its Registration Statement filed on Form SB-2 on November 19, 1998, as amended. All forward looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements.
Note to Editors: All company and product names may be trademarks of the respective companies with which they are associated.
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CONTACT:
A&R Partners for ComputerLiteracy.com
Amy Nemechek, 650/363-0982 ext. 3930
anemechek@arpartners.com
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