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

To: karma who wrote (1920)	5/29/2002 4:20:12 PM
From: karma	Read Replies (1) \| Respond to of 1938

MSX--Commerce One entered an agreement with MSX International to have MSX provide eprocurement services to small and mid-size businesses. MSX will use the CMRC sourcing and procurement software to facilitate the procurement activities. commerceone.com MSX International Chooses Commerce One to Power Outsourced Procurement Service AUBURN HILLS, Mich., and PLEASANTON, Calif. — December 17, 2001 — MSX International, Inc. and Commerce One, Inc. (NASDAQ: CMRC) today announced that MSX International has selected Commerce One to power its outsourced procurement service to deliver e-procurement and business services to small- and mid-sized customers. The outsourced procurement service will be launched within MSX International's Supply Chain Management strategic growth platform and will be available in the second quarter of 2002. MSX International licensed the Commerce One platform and procurement solution to deliver e-procurement and business services to its customers and to take advantage of Commerce One's established network of Web-enabled suppliers via CommerceOne.net. Leveraging Commerce One technology, MSX International will provide customized purchasing solutions focusing on commodity management, transaction processing, and catalog and bid offering for the procurement of indirect goods. In addition to the licensing agreement, MSX International and Commerce One have a joint sales and marketing partnership for mutual key accounts. "We selected Commerce One's platform because its open and scalable technology will allow us to offer business services and seamlessly collaborate online with our customers," said Kevin D. Kyles, director, supply chain management, MSX International. "Commerce One's market penetration within mutual and targeted customers and immediate access to thousands of suppliers will help us provide our customers with the best technology and professionals to serve their e-commerce needs." "MSX International is providing its customers with proven e-commerce solutions to drive efficiencies and results for customers," said Dennis Jones, president and chief operating officer, Commerce One. "We look forward to working with them to provide additional business services to their current customers as well as expanding further into other strategic markets." Supply Chain Management is one of five strategic product groups MSX International has among its collaborative enterprise services. Each product group is focused on managing and improving its customers' business performance. Supply Chain Management offers customers consulting, procurement operations and strategic sourcing services. About Commerce One Commerce One® (NASDAQ: CMRC) is the e-marketplace company. Through its software, services and Global Trading Web™ business community, Commerce One enables worldwide commerce on the Internet. With headquarters in Pleasanton, California, and offices around the world, Commerce One can be reached by phone at 800 308 3838 (US only) or + 1 925 520 6000, or via the Internet at www.commerceone.com. About MSX International MSX International, headquartered in Auburn Hills, Mich., combines innovative people, standardized processes and today's technologies to deliver a collaborative, competitive advantage on a global basis. With annual sales of $1 billion, MSX International has more than 10,000 employees at 117 operating locations in 23 countries. Visit their Web site at msxi.com.