Just the beginning...PSDI(mro.com division)..the CMRC of 2000..............MRO.com and SKF to Provide Internet-Based Marketplace for
Industrial Goods
MRO.com Powers SKF Web-based Procurement Initiative
BEDFORD, Mass., September 21, 1999 - MRO.com, Inc., a leading provider of MRO
e-Commerce systems and wholly-owned subsidiary of PSDI (NASDAQ:PSDI), today
announced that its mroSupplier will serve as the platform for SKF's Endorsia.com, a
private Internet-based online procurement network for industrial goods and services.
Sweden-based SKF is the world leader in bearings, seals and services. MRO.com and
SKF are developing Endorsia.com as the world's first network that connects the entire
supply chain of industrial goods including end-users, distributors and manufacturers. The
agreement was secured in Q3 of PSDI's 1999 fiscal year.
SKF selected MRO.com as a partner because of MRO.com's expertise in helping
capital-intensive industries tackle the complexities of MRO (Maintenance, Repair, and
Operating) materials and services procurement. "SKF and MRO.com are committed to
offering manufacturers, distributors and customers the most comprehensive web-based
marketplace for industrial goods," said Phil Knights, president service division, SKF. "It
was a natural fit for us to partner with a company that focuses on the industrial aspects of
online procurement." Endorsia.com, a private network specializing in industrial goods and
offering value-added services for its members, will be hosted on the MRO.com portal and
will become an integral part of MRO.com's mroMarketplace.
Endorsia.com is a network built on MRO.com's mroSupplier platform. mroSupplier will
power Endorsia.com with a robust electronic catalog, powerful product search metaphors,
user-friendly procurement, and will connect the buyer and supplier trading partners
through real-time business transaction handling and document exchange. High speed
connectivity between buyers and sellers is ensured by a global, private network that
overlays the public Internet.
"The partnership with SKF, the world's premier manufacturer of bearings and seals,
validates our vision of reducing costs throughout the entire supply chain. This alliance
gives us a strong European foothold as SKF plans to bring over 800 distributors and
several manufacturers to the network," said Chip Drapeau, president and CEO of PSDI.
"By providing SKF and other manufacturers and their joint distributors with a total MRO
solution, Endorsia.com's online procurement initiative will become a critical resource for
organizations worldwide."
About PSDI and MRO.com, Inc.
PSDI develops, markets and supports enterprise asset maintenance software.
Businesses, government agencies and other organizations use MAXIMO to assist them in
maintaining high-value capital assets such as plants, facilities and production equipment.
Through its subsidiary MRO.com, Inc., the company complements its enterprise asset
maintenance software with an Internet-based business-to-business e-Commerce network
and set of desktop requisition and online procurement software products. The Company's
products are designed to enable customers to reduce downtime, control maintenance
expenses, cut spare parts inventories and costs, improve purchasing efficiency, and more
effectively deploy productive assets, personnel and other resources.
Based in Bedford, Mass., PSDI markets its products through a direct sales force with
sales offices throughout the United States, United Kingdom, Argentina, Australia,
Canada, China, France, Germany, Hong Kong, India, Italy, Mexico, Sweden, Thailand,
and the Netherlands, combined with a network of international sales agents. All PSDI
news releases are available via the PSDI Home Page at psdi.com.
About SKF
SKF is the world leader in rolling bearings and seals, and has been responsible for many
of the pioneering inventions in the rolling bearing industry. Today, SKF is a leading
supplier of Hub bearing units to the automotive industry, and manufactures in more than
70 locations in 23 countries. SKF has sales through its own sales companies and/or
authorized distributors in virtually all of the world's countries. Additional information
regarding SKF may be obtained at skf.com
.Another deal.......PSDI Announces Availibility of MAXIMO for
Oracle(R) Applications Release 11
Comprehensive Integration Connects Plant Operations and ERP Applications For Real-Time Cost
Control and Project Management
..Another deal.......Motion Industries Selects MRO.com For Its
E-Procurement to Capital Intensive Customers
$2 Billion Industrial Supply Distributor to Connect to Leading Marketplace of MRO Goods and
Services; Motion's Customers Gain Access to Growing Resource for Purchasing Indirect Materials
..Another deal.......POSCO, World's Second Largest Steel Manufacturer,
To Implement Best-In-Class Enterprise Asset Management And
E-Commerce Systems
MAXIMO and MRO.com Key Elements in POSCO's "Process Reformation" Program
..Another deal........McJunkin Selects MRO.com to Provide B-2-B
E-Commerce Platform
Leading Industrial Supplier To Offer MRO.com's mroBuyer As Part of Value Added Services
''Industrial distributors recognize the importance of making the purchasing and procurement process as smooth and efficient as
possible for their customers,'' said Chip Drapeau, CEO and president of PSDI. ''The decision by all of these organizations to
make mroMarketplace integration available to their customers will allow these distributors to transact business with their
customers electronically - expediting the online procurement process and reducing costs for the distributors and their MRO
buyer customers.'' |
