Business Wire - April 27, 1999 10:15 ATLANTA--(BUSINESS WIRE)--April 27, 1999--
Deloitte & Touche First to Integrate and Market Clarus E-Procurement
Solution for Oracle Financials Customers
Clarus Corporation (Nasdaq:CLRS), a leading provider of Web-based commerce applications, and Deloitte & Touche LLP today announced a strategic alliance to integrate and market the Clarus(TM) E-Procurement solution for companies using Oracle Financials enterprise resource planning (ERP) systems.
Using Clarus' integration framework, Deloitte & Touche will develop Clarus(TM) Fusion Links for the E-Procurement solution compatible with the thousands of companies worldwide using Oracle Financials systems.
In a related announcement, Deloitte & Touche, one of the leading professional services firms in the United States, also joined the Clarus Alliance Program for Systems Integrators. The alliance program companies will collaborate to deliver leading commerce solutions such as electronic procurement and expense management to companies representing hundreds to tens of thousands of users. The Clarus Alliance Program is tailored to provide customized business planning, training, sales and marketing resources needed by each of these organizations to expand their business opportunities.
"Through creating Clarus Fusion Links for an integrated procurement technology, we will deliver a cost-effective and powerful solution that enables Oracle Financials customers to realize tremendous savings," said Gregory Ehr, Principal, Deloitte & Touche Management Solutions & Services. "Clarus offers an exceptionally robust solution that allows our clients to integrate suppliers, orders and data with the Oracle Financials backbone in a two-way interactive, real-time manner."
Clarus Fusion provides seamless integration technology for platform and version independence. Because the solution supports Biztalk, Microsoft's framework for electronic commerce based on new Extensible Markup Language (XML) schemas and industry standards, Deloitte & Touche will be able to integrate Clarus solutions into any Oracle Financials system.
Deloitte & Touche has experience serving numerous Oracle Financials clients in a broad range of industries and geographies around the world. The Oracle-related services provided by Deloitte & Touche are based on deep business knowledge. Deloitte & Touche has successfully applied a host of advanced capabilities in technology integration, process improvement and change leadership. The firm's procurement-related experience includes strategic sourcing services, purchasing card program development, and purchasing process design.
"The unique ability of Clarus E-Procurement to seamlessly integrate with any ERP solution will enable us to widely deploy a complete electronic commerce procure-to-pay solution for a whole new channel of Oracle users," said Steve Jeffery, president and CEO of Clarus. "Our solution combined with Deloitte & Touche's experience and knowledge will provide best practices for purchasing and expense management."
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 28,000 people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte Touche Tohmatsu, a global leader in professional services with more than 82,000 people in over 130 countries. Deloitte & Touche refers to Deloitte & Touche LLP, Deloitte Consulting LLC, and related entities. For additional information, please visit Deloitte & Touche's website at www.us.deloitte.com.
Atlanta-based Clarus Corporation (www.claruscorp.com) (Nasdaq:CLRS) is a pioneer and a leader in providing Web-based Commerce applications that enable organizations to gain control of their operational resources -- the non-production goods and services vital to every company's operations. Clarus Commerce leverages Web technology to connect large populations of employees, management and suppliers with continuous planning, monitoring and control of resources, which can result in a dramatic impact on the bottom line. The Company's Web-based Commerce solutions are being deployed at more than 20 sites for customers including MasterCard International, First Data Corporation and Hyatt Regency with planned deployment to more than 100,000 employees.
This press release contains forward-looking statements within the meaning of section 27A of the securities act of 1933 and section 21E of the exchange act. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risks including that the benefits expected by the company as a result of the announcement may not occur.
Clarus is a trademark of Clarus Corporation. Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, these product names are claimed as trademarks by the companies that manufacture the products. It is not our intention to claim these names or trademarks as our own.
CONTACT: Clarus Corporation Julie K. Smith, 770/291-8504 jsmith@claruscorp.com OR Ketchum/Crescent Nicole Fischer, 404/287-2000 ext. 179 nfischer@crescomm.com OR Deloitte & Touche LLP Josephine Vernon, 212/436-4405 jvernon@dttus.com
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