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Technology Stocks : Commerce One Inc - (CMRC) -- Ignore unavailable to you. Want to Upgrade?

To: Brian Malloy who wrote (550)	1/5/2000 9:22:00 AM
From: 2MAR$	Read Replies (1) \| Respond to of 1938

CMRC and CSCO-------> Commerce One Joins Cisco Hosted Applications Initiative Business Editors/High-Tech Writers WALNUT CREEK, Calif.--(BUSINESS WIRE)--Jan. 5, 2000-- Alliance Enables Application Service Providers (ASPs) to Ready Customers for Electronic Commerce Commerce One, Inc. (Nasdaq:CMRC), the global leader in business-to-business electronic commerce, today announced that it has joined the Cisco Hosted Applications Initiative. Application service providers (ASPs) deploying the Commerce One BuySite 5.0 Hosted Edition electronic commerce offering rely on the combination of Commerce One's leading software solution and Cisco Systems' intelligent Internet infrastructure to meet and exceed customer requirements for performance, security and reliability. Launched in April 1999, the Cisco Hosted Applications Initiative provides businesses of all sizes with access to powerful applications that were previously beyond their reach. The initiative creates an emerging ecosystem of software application vendors, hardware vendors, ASPs, Internet service providers, co-location providers, system integrators, and technology partners to deliver a variety of hosted business applications. "Commerce One's support of the Cisco Hosted Applications Initiative demonstrates our commitment to enable ASPs to build and run high-quality hosted e-commerce solutions," said Chuck Donchess, vice president of marketing and business development for Commerce One. "We believe that our leadership in electronic commerce coupled with Cisco's intelligent Internet infrastructure will allow ASPs to offer superior levels of e-commerce service and support." Through the Cisco Hosted Applications Initiative, Commerce One will deliver its BuySite 5.0 Hosted Edition via an optimized Cisco application aware network solution and through highly skilled initiative member ASPs. ASPs can install and host the application for small and medium-sized businesses that lack e-commerce capabilities. By deploying BuySite 5.0, ASPs can also enable their end customers to access Commerce One MarketSite, the business-to-business electronic marketplace, and the Commerce One Global Trading Web, a worldwide network of business-to-business e-commerce portals. "Commerce One brings proven leadership in global e-commerce to the Cisco Hosted Applications Initiative," said Eugene Lee, vice president marketing, Applications Technology Group, Cisco Systems. "Many small and midsized businesses require the same business-to-business e-commerce functionality as larger enterprises. By working together we are ensuring that their needs are met and that Commerce One's e-commerce solution is delivered with the highest level of reliability and performance." About Commerce One Commerce One (Nasdaq:CMRC) is a leading provider of electronic commerce solutions that dynamically link buying and supplying organizations into real-time trading communities. The Commerce One Solution, comprising Commerce One BuySite and Commerce One MarketSite, enables companies to significantly reduce operational costs and increase efficiency by automating the entire indirect goods and services supply chain. As a result, enterprise organizations are able to realize a strategic competitive advantage as well as a rapid return on investment. Commerce One is located in Walnut Creek, Calif., and can be reached via the Internet at commerceone.com, marketsite.net or marketsite.bt.com. 6 Note to Editors: Commerce One, BuySite, BuySite Enterprise Edition, BuySite Hosted Edition and MarketSite are either trademarks or registered trademarks of Commerce One. Other product and company names mentioned herein might be the trademarks of their respective owners. --30--ma/sf* as/sf CONTACT: Commerce One Julie Clark, 925/941-5970 julie.clark@commerceone.com or The Horn Group (for Commerce One) Erik Curren, 415/905-4014 ecurren@horngroup.com or Cisco Systems, Inc. Dawn Slusher, 408/527-1238 dslusher@cisco.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: E-COMMERCE HARDWARE COMPUTERS/ELECTRONICS INTERNET PRODUCT MARKETING AGREEMENTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com