PPRO+ARBA News today..This is HUGE!!!!
Further Extends Ariba Network's Reach to Small and
Midsize Businesses
LAS VEGAS and SUNNYVALE, Calif., Sept. 28
/PRNewswire/ -- PurchasePro.com
(Nasdaq: PPRO) and Ariba, Inc. (Nasdaq: ARBA)
today jointly announced their
intent to form a strategic alliance and Internet revenue
sharing arrangement
under which PurchasePro.com will connect its
business community to the Ariba
Network(TM) platform, the industry's leading
business-to-business eCommerce
platform on the Internet.
Under the arrangement, PurchasePro.com customers
will be able to buy from
the suppliers already integrated with the Ariba
Network platform. In
addition, PurchasePro.com community members will
gain access to Ariba Network
services, including transaction routing, business
directory services,
aggregated supplier content, content management,
and supplier registration and
configuration services.
This strategic relationship would increase the reach of
the Ariba Network
platform by electronically connecting the suppliers
found on PurchasePro.com's
network to buying organizations using the Ariba(R)
eCommerce solution.
Ariba's customer base, which already includes more
than ten percent of Fortune
100 companies, collectively spends more than
US$138 billion annually on
operating resources, the operating goods and services
required for daily
operations. In addition, suppliers registered with the
Ariba Network platform
could easily sell to PurchasePro.com's small and
medium-sized buying
customers. The strategic relationship demonstrates
Ariba's strategy to create
new, significant on-ramps to the Ariba Network
platform.
In addition, PurchasePro.com has signed on to
become a sustaining partner
in Ariba's Commerce XML (cXML) initiative. More
than 90 companies, including
Microsoft and WebMethods, now support cXML.
PurchasePro.com will integrate
its buyer and supplier base with the Ariba Network
platform via cXML, further
endorsing cXML as the dominant, open industry
standard for
business-to-business eCommerce for both buy-side
and sell-side applications.
"I believe our relationship with PurchasePro.com will
accelerate the
network effect around the Ariba Network platform
and increase the adoption of
cXML on the Internet," said Keith Krach, president
and CEO at Ariba. "Working
with PurchasePro.com further extends our Internet
channel strategy to make
on-ramps to the Ariba Network platform more
ubiquitous and extend the value
added benefits of network-based commerce to all
businesses, large and small."
ABOUT PURCHASEPRO.COM
PurchasePro.com, Inc. is a leading provider of
Internet
business-to-business electronic commerce services.
The company's e-commerce
solution is comprised of public and private
"e-marketplaces" where businesses
can buy and sell a wide range of products and services
in an efficient,
competitive and cost-effective manner. Its target
customers are primarily
small to medium sized businesses. The company has
designed its e-marketplaces
to meet the needs of these customers and their large
business partners.
It is providing services to develop and maintain
private e-marketplaces
for Building One Services, Best Western International
and Prime Hospitality.
Its public e-marketplace members include Caesars
Palace, Carnival Cruise
Lines, MGM Grand, Mission Industries, Nevada
Power Company, Park Place
Entertainment and the Phoenix Suns.
A key element of its strategy is to develop sales and
marketing
relationships. These relationships include Office
Depot, Inc., VerticalNet,
Zoomtown.com, a Cincinnati Bell subsidiary, the
Greater Phoenix Chamber of
Commerce and the American Association of
Franchisees and Dealers. The Company
provides extensive support and training programs. For
more information, call
toll free at 888-830-4600 or in Las Vegas at
702-316-7000. You can also
access PurchasePro.com, Inc. at its Web site,
www.purchasepro.com.
ABOUT ARIBA, INC.
Ariba, Inc. is the world's leader in
business-to-business electronic
commerce services and software for operating
resources, the non-production
goods and services companies require for day-to-day
operations. The company
provides the Ariba Network platform, the industry's
leading open, global
platform for business-to-business commerce on the
Internet. Together, Ariba's
software and services leverage the Ariba Network
platform to automate and
integrate the internal and external commerce
processes of buyers, suppliers,
and value-added service providers, delivering a global
eCommerce
infrastructure that provides cost saving and revenue
opportunities for
businesses of all sizes. Ariba can be contacted in the
U.S. at 408-543-3800
or at www.ariba.com.
This press release includes forward looking statements
which are subject
to a number of risks and uncertainties, including the
risks and uncertainties
associated with the non-legally binding nature of the
letter of intent between
PurchasePro.com and Ariba and the risk the parties
may not sign a legally
binding definitive agreement, the risks of rapidly
changing technologies such
as the Internet, the risks of technology development
and the risks of
competition. Actual results could differ materially.
For more information
about these risks and uncertainties as they relate to
PurchasePro.com, see the
SEC filings of PurchasePro.com, Inc., including the
section entitled "Risk
Factors" in its Prospectus dated September 13, 1999
which is available from
the company on request and on the Internet at the
SEC's Website, www.sec.gov.
Additional information about these risks and
uncertainties as they relate to
Ariba, is contained in its SEC filings, including the
section entitled "Risk
Factors" in its Prospectus dated June 23, 1999, which
is available from the
company or on the SEC's Web site.
NOTE: Ariba is a registered trademark of Ariba, Inc.
Ariba ORMS and Ariba
Network are trademarks of Ariba, Inc. Purchase Pro
and PurchasePro.com are
trademarks of PurchasePro.com, Inc. Allother
products or company names
mentioned are used for identification purposes only,
and may be trademarks of
their respective owners.
SOURCE Ariba, Inc.
-0- 09/28/1999
/CONTACT: Michele McMahon-Cost of Blanc &
Otus, 415-912-2339, or
michelemc@bando.com, for Ariba, Inc.; or Dave Wilt
of Ariba, 408-990-7584, or
dwilt@ariba.com/
/Web site: http:// www.purchasepro.com/
/Web site: ariba.com
(ARBA PPRO)
CO: Ariba, Inc.; PurchasePro.com, Inc.
ST: California, Nevada
IN: CPR MLM
SU: LIC JVN
JN-EB
-- SFTU051 --
4371 09/28/1999 07:52 EDT
prnewswire.com
//Begin Meta Data//
Selector Code: v.b7c
Copyright 1999, PR Newswire |
