To: Golfinginthesun who wrote (353 ) 11/1/1999 8:38:00 AM From: leigh aulper Read Replies (1) | Respond to of 414
yes NECX to Use Aspect Development eContent and Services to Deliver Unprecedented Combination of Product Availability and Related Information PEABODY, Mass.--(BUSINESS WIRE)--Nov. 1, 1999-- For The First Time On The Open Market Customers Can Now Gain Access To Product Information And Leading Manufacturers' Inventory NECX(R) Exchange LLC, the world's leading exchange for the purchase and sale of semiconductors, electronic components, computer products and networking equipment and Aspect Development, Inc. (Nasdaq: ASDV), today announced an alliance to provide an unprecedented combination of product information and availability for electronic component buyers and sellers. Aspect Development, the global leader in e-business solutions for Inbound Supply Chain Management, will be providing up-to-date eContent information and search software for the NECX Exchange through its recently announced eMarkets program for eCommerce. The integration of the Exchange and Aspect eContent databases, scheduled for completion in 60 days, will create an information repository of more than three million commercial electronic and electro-mechanical devices from nearly 1,000 component manufacturers. For the first time OEMs, industrial distributors, computer resellers and contract manufacturers will have online access to the product information, availability and in-depth analytics they need to make informed buy, sell, or hold decisions. "Time and choice are increasingly important commodities to high technology companies pressured by intense global competition," said Lauriston B. Marshall, president and COO of NECX. "The integration of Aspect Development's comprehensive, industry-leading eXplore software and eContent databases with our database and global availability, dramatically accelerates the speed at which customers can identify optimum form, fit and function solutions for mission critical production shortages. This means that if a manufacturer needs a product, we can use our combined databases to find what they need, or an identical substitute product that will serve their needs." As an independent market maker, NECX is not bound by franchise agreements, allowing the company to provide customers with unmatched breadth of product from leading international suppliers. In addition to product descriptions and substitute information on the Web, specifications, data sheets and application notes will be available directly from NECX traders to help customers quickly target form, fit and function substitutes for hard-to-find components -- all of which are necessary to acquire engineering approvals for non-specified parts. "The enablement of eCommerce and business-to-business trading is a key business focus for Aspect," said Bob Evans, president and COO of Aspect Development, Inc. "The combination of Aspect's industry-leading eContent product catalogs with NECX's experienced traders, knowledge and infrastructure will serve to make the NECX Global Electronics Exchange a leading open market information portal for manufacturers and computer product resellers." Partnership Serves As Catalyst To Increase Open Market Bandwidth The NECX Global Electronics Exchange currently offers more than 10 billion components, valued at $30 billion, from more than 5,000 OEMs, industrial distributors, contract manufacturers and computer product resellers. The contract with Aspect substantially enriches NECX's already extensive information database with a thorough, real-time cross-referencing system. This means that NECX's traders and customers will be able to quickly locate identical substitute parts, helping them keep production lines up and running. Automating Predictive Analytics In The Open Market The integration of Aspect Development's comprehensive eContent catalog of electronic component data and Web search technology with the NECX Global Electronics Exchange provides NECX with the ability to automate the assessment of its customers' trading portfolios against activity on the global open market. This means that NECX traders can now provide faster and more accurate comprehensive buy, sell and hold recommendations, proving once again how the NECX Global Electronics Exchange works to bring buyers and sellers together to execute mutually beneficial purchase and sale transactions. "Adding Aspect's technology to NECX's extensive database will help companies find the products they need on the open market, which will become even more important as the market begins to tighten over the next year," said Steve Cullen, analyst for Cahners In-Stat Group. "This is an important step for the market and clearly establishes NECX as a premier online market maker."