AppNet and clicklogistics Team to Build Revolutionary Online B2B Logistics Management Service ================================================================ BETHESDA, Md.--(BUSINESS WIRE)--June 8, 2000-- Online Transportation Service to Streamline Supply Chain Operations
AppNet, Inc. (NASDAQ:APNT), a premier provider of end-to-end e-business solutions, announced today that it has teamed with clicklogistics, a leading provider of business-to-business (B2B) Internet logistics services, to build a market-defining suite of online services for the $1.3 trillion global transportation logistics industry. Until now, small and mid-size shippers have had limited access to sophisticated sets of logistics management systems. The cost and infrastructure required to support such systems have been prohibitive. Even large companies are not able to reap the full benefit from their logistics system purchases. Centralized management and complex user interfaces have limited penetration within a company. Best categorized as a "click-and-mortar" company, clicklogistics was formed using key components of its "brick-and-mortar" parent firm, Cardinal Logistics, which includes a 24 x 7 customer service center and nearly 1000 carrier contracts, combined with Internet-based services and a best-in-class transportation management system. A revolutionary feature of clicklogistics is their "unbundling" of services, allowing users to access any one of clicklogistics' services individually, on a transactional basis without a contract. "In this exploding marketplace, partnering with AppNet will allow us to take advantage of the latest in technology to provide the market with the best possible solution," said Tom Hostetler, president of clicklogistics. "We expect that when completed, we will have materially simplified and automated the process of selecting, tendering, tracking and paying for just about any shipping transaction." AppNet and clicklogistics are peeling away the industry's reputation for cost and complexity, building an unbundled suite of services that will enable small and large shippers alike to fully manage their transportation logistics online. By providing an intuitive, customized online service, clicklogistics will drive dramatic supply chain efficiencies for shipping customers and transportation vendors alike. AppNet will provide the end-to-end e-business services necessary to bring clicklogistics' vision to reality, including Interactive Marketing, e-Business Application Development, and wide-ranging e-Business Integration. "AppNet will be web-enabling both existing and manual logistics processes for clicklogistics, building new applications and integrating with other best-of-class solutions," said John McBeth, group president for AppNet. AppNet will bring this unbundled business model online in an efficient, user-friendly environment, instantly reaching a largely unserved market of small and mid-size shippers with exactly those services that they need. Using the unbundled offering, shippers will have the freedom to access clicklogistics' services as little or as much as they want. Some will use the site to simplify the job for their logistics managers, while others will choose to turn their entire logistics function over to clicklogistics through contracted outsourcing. "It will enable companies to control the extent and risk of outsourcing logistics management functions," explains Eric Wolfe, COO. "If you just want to outsource one application, one time, you can. If you want to outsource all applications and/or management, you can do that, too. It will remove that problem of having to jump off a cliff when all you really wanted was to stick your toe in the water." Clicklogistics will deploy its applications across a matrix of vendors to address most transportation logistics needs, including full cross-border transactional support. Fulfillment network partners will allow click to provide comprehensive supply chain planning and execution features to the community. According to McBeth, "One of the exciting benefits of this new solution is its ability to handle large logistics contracts at less cost - a huge competitive advantage for clicklogistics with phenomenal savings for the logistics industry."
About clicklogistics
clicklogistics, established in July of 1999, provides comprehensive B2B logistics solutions. click is a division of Cardinal Logistics, Incorporated, named by the readers of Inbound Logistics magazine as one of the Top Ten providers of logistics services. click's services include order management, carrier management, optimization, and consulting. More information about clicklogistics can be found at www.clicklogistics.com.
About AppNet, Inc.
AppNet (NASDAQ:APNT) is a premier provider of end-to-end e-business solutions, from interactive marketing to back-office integration. For companies transforming themselves for the new Internet economy, the firm offers a unique mix of Internet strategy, marketing, and technology services. AppNet is the fourth largest interactive marketing agency according to Ad Age and one of the 50 largest pure Internet companies, according to Internet World. AppNet works with Fortune 1000 and dot.com companies. Customers include Sprint, UCCnet, Baxter Healthcare, Dial, Ford, Hyundai, bet.com, UNICEF, KB Toys, NEC, and Unilever. For more information about how AppNet can bring the power of e-business to your business, visit www.appnet.com.
This press release may include "forward-looking statements" for purposes of the Securities Exchange Act of 1934. All statements herein, other than those of historical fact, including statements regarding future contractual arrangements or performance, competitive strengths, and business strategy, are forward-looking. Actual results or events may differ materially from those projected in such forward-looking statements. Information regarding the factors that could cause such differences is contained in AppNet's filings with the Securities and Exchange Commission.
CONTACT: AppNet Media Alla Iaquinto, 301/581-2489 press@appnet.com or AppNet/IR Kevin Taback, 877/551-2323 ir@appnet.com or clicklogistics.com Eric Scholar, 704/786-6125 escholar@clicklogistics.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: E-COMMERCE INTERNET COMPUTERS/ELECTRONICS SOFTWARE MARKETING AGREEMENTS
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