Tuesday March 2, 7:01 am Eastern Time
Company Press Release
Certified Grocers Chooses The viaLink Company's Web-based Item Catalog Solution For Scan Based Trading Pilot Program
EDMOND, Okla.--(BUSINESS WIRE)--March 2, 1999--The viaLink Company, Inc. (Nasdaq:IQIQ - news) today announced that Certified Grocers, California's largest grocery wholesale company with more than 2700 stores, has selected the viaLink Item Catalog(TM) for use in a scan based trading pilot program.
The pilot program has been initiated in the Oakland, Calif.-based Andronico's chain. Certified will work with viaLink partner Ernst & Young to implement the Item Catalog.
''Two years ago, we envisioned Certified Grocers and its members to be the catalyst for the 'virtual chain,' which we saw as a supply channel relationship that enables independent retailers to prosper and thrive,'' said Jack Scott, Certified Grocers' vice president of information services and chief information officer. ''We believe that viaLink's unique technology and solution set will play an important role in realizing this revolutionary vision,'' added Scott.
''Certified Grocers' decision to use viaLink is further proof that the promise of electronic commerce in the food and grocery industry is here today,'' commented Chuck Harrison, Ernst & Young's alliance manager for viaLink. ''By harnessing the power and reach of the Internet and using industry standards, viaLink will enable Certified and its partners to work collaboratively.''
About viaLink
The viaLink Company is a leader in providing secure business-to-business electronic commerce solutions. viaLink combines electronic commerce and leading-edge Internet-based applications to provide consumer packaged goods manufacturers, distributors and retailers the capability of doing business more quickly, efficiently and cost-effectively. viaLink solves such industry problems as price book synchronization, invoice discrepancies and write-offs, and back door delivery delays and conflicts. viaLink's product suite enables its customers to practice superior end-to-end supply chain management.
About Certified Grocers
Certified Grocers is California's largest grocery wholesale company, serving more than 2,700 stores. With a rich heritage of over 76 years in business, Certified provides the economies of scale that enable its member retailers to provide unique value to consumers which, in turn, enables independent retailers to easily, efficiently and effectively grow their business.
About Ernst & Young
Ernst & Young LLP (www.ey.com) provides assurance and advisory business services, tax services and consulting for domestic and global clients. The firm has 30,000 people in 87 U.S. cities. Ernst & Young LLP is a member firm of Ernst & Young International (www.eyi.com), a global organization whose member firms have more than 85,000 people working in 675 cities.
This release may contain forward-looking statements that involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are the failure of The viaLink Company's Item Catalog service to achieve market acceptance; the extent of viaLink's anticipated operating losses; the inability of viaLink to obtain additional financing, if required; market acceptance of the Internet as a viable platform for commerce; intense marketplace competition; the possible obsolescence of the viaLink Item Catalog service; viaLink's inability to protect its proprietary technology, as well as other factors detailed in viaLink's filings with the Securities and Exchange Commission, including its recent filings on Forms 10-K and 10-Q.
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Contact:
The viaLink Company
Bob Baker, 405/936-2500
bbaker@vialink.com
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More Quotes and News: The viaLink Co (Nasdaq:IQIQ - news)
Related News Categories: computers, food/beverage, supermarkets
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