Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Scrumpy who wrote (94726)	4/25/2000 9:36:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 120523

Credit Suisse First Boston Chooses PeopleSoft and Commerce One for B2B eCommerce Solution Will Enable Global Financial Powerhouse to Cut Procurement Costs Across the Enterprise PLEASANTON, Calif.--(BUSINESS WIRE)--April 25, 2000-- PeopleSoft (Nasdaq:PSFT - news) and Commerce One (Nasdaq:CMRC - news) today announced that Credit Suisse First Boston will implement PeopleSoft eProcurement to cut purchasing costs across the enterprise. The PeopleSoft solution links to the Commerce One Global Trading Web, the world's largest business-to-business trading community. Credit Suisse First Boston will leverage PeopleSoft eProcurement as part of an overall effort to save $100 million in costs and to increase operational efficiencies. ``PeopleSoft will enable us to simplify our procurement and reporting processes using the Internet,'' said Vince DeMarco, director of information technology at Credit Suisse First Boston. ``The simplicity and flexibility of this solution will ensure rapid adoption internally, resulting in quick return on investment.'' ``This agreement with Credit Suisse First Boston proves that PeopleSoft and Commerce One are delivering on our expanded partnership,'' said Chuck Donchess, executive vice president and chief strategy officer at Commerce One. ``Commerce One's proven technologies, which are integrated with the PeopleSoft Internet Architecture, will allow Credit Suisse First Boston to quickly and cost effectively manage its global procurement activities.''