To: Ibexx who wrote (47102 ) 2/3/1998 10:33:00 PM From: Ibexx Respond to of 186894
Thread, News on Pandesic--Intel and SAP's baby: ______ Tuesday February 3, 9:04 am Eastern Time Company Press ReleasePandesic LLC Named Best of Show at Internet Showcase First Version of Pandesic E-Business Solution Wins Third Award in Two Months SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 3, 1998--Pandesic LLC, the Internet company from Intel and SAP, won its third award in two months when the Pandesic(TM) electronic-business solution was given one of the Best of Showcase awards Friday at Upside Events' Internet Showcase '98 in San Diego. David Coursey, editor and publisher of the coursey.com newsletter and executive producer of Internet Showcase, personally selected the Pandesic e-business solution, along with four other companies, as an award winner, based on product, performance and presentation. Internet Showcase is an invitation-only event sponsored by Coursey and Upside Events, the conference production and management unit of Upside Media Inc., publisher of Upside Magazine. The event focuses on showcasing leading Internet products, services and solutions. ''Pandesic LLC brings together SAP's financial experience and Intel's business logistics expertise to create a leading-edge software product that the industry is showing real interest in,'' Coursey said. ''In selecting Pandesic LLC for one of our Best of Showcase awards, we are recognizing it for taking a giant step toward giving customers a new way to make transactions more efficient.'' The Best of Showcase award is the third such honor that Pandesic LLC has received for its e-business solution in the past two months. In December 1997, the company received an award from Industry Week hailing the Pandesic e-business solution as one of the 25 Best Technologies of the Year, as well as a Best of Show award for Best E-Commerce Application at Fall Internet World '97 in New York. What's the Buzz? ''This third award emphasizes once more the buzz that Pandesic LLC is creating in the e-commerce industry since our launch on Aug. 5 last year,'' said Bryan Plug, president and CEO of Pandesic. ''It is a confirmation that Pandesic's e-business solution clearly stands out in today's e-commerce market, and it underlines the uniqueness of our solution in this fast-growing industry.'' The Pandesic e-business solution is a third-generation, complete end-to-end solution that bundles software, services and hardware to seamlessly handle all marketing, order processing and fulfillment, inventory pricing, materials management, tax handling, payment processing, shipping and handling logistics, financial reporting and vendor-payment processes associated with electronic commerce. Release 1.1 of the Pandesic e-business solution can be acquired for a low-cost entry price of $25,000. A monthly transaction-based fee, varying from 1 percent to 6 percent of Internet commerce revenue, provides for ''evergreen'' (or continual) service and support, making Pandesic's solution a viable option for small businesses or Fortune 500 companies. About Pandesic LLC Pandesic LLC develops innovative, end-to-end electronic business solutions that make companies more competitive by providing real-time access to business information, leveraging proven best business practices and using highly integrated systems. Formed in August 1997, Pandesic LLC was founded jointly by Intel and SAP America with headquarters in Sunnyvale, Calif. Pandesic is a trademark of Pandesic LLC. Other product and company names herein may be trademarks of their respective owners. Ibexx