Burlington,
Mass., October 24, 2000 - Emptoris, Inc., the leading provider
of dynamic B2B e-commerce solutions for net market makers and
Global 5000 companies, today announced that it has filed a patent
with the United States Patent and Trademark Office for the protection
of proprietary technology in ePASS, the company's B2B e-commerce
software solution. By implementing ePASS, an advanced, web-based
procurement solution, e-markets can increase transaction volume
by meeting the complex strategic sourcing needs of buying and
selling professionals, empowering them to make the best online
trading decisions. The patent includes 52 claims covering technology
in ePASS, including claims covering ePASS' optimization engine,
workflow engine, user interface and a wide range of RFQ management/decision
support features, such as volume discounts, bundled bid support,
item sets, fixed costs, bid capacity bounds and business rule
enforcement.
"Emptoris prides itself on being on the leading edge of e-commerce
technology," said Avner Schneur, president and CEO. "This filing
of the patent, which covers 52 unique claims, is evidence that
Emptoris is one of the leading e-procurement technology innovators
in the market today. We will continue to develop and bring to
market groundbreaking B2B e-commerce technology solutions."
ePASS' customizable business rules, intelligent workflow and advanced
decision support technology allow Emptoris' partners and customers
to rapidly deploy industry specific e-marketplace solutions, build
collaborative buyer-seller relationships and quickly optimize
multifaceted purchasing decisions. Powered by Emptoris' patent-pending
optimization technology, ePASS recommends the best combination
of bids among multiple suppliers that meets a buyer's overall
requirements - at the lowest total cost (incorporating both price
and non-price factors, such as supplier performance ratings, plus
buyer-defined purchasing policies and business rules). Net market
makers and Global 5000 companies using ePASS include VerticalNet,
Samsung America and MoveNet.com.
About Emptoris,
Inc.
Emptoris, Inc. is the leader in dynamic B2B e-commerce solutions
for net market makers and Global 5000 companies. By implementing
ePASS, Emptoris' advanced, web-based procurement solution, e-markets
can increase transaction volume by meeting the complex strategic
sourcing needs of buying and selling professionals and empower
them to make the best online trading decisions. ePASS' customizable
business rules, intelligent workflow and advanced decision support
technology allow Emptoris' partners and customers to rapidly deploy
industry specific e-marketplace solutions, build collaborative
buyer-seller relationships and quickly optimize multifaceted purchasing
decisions. Emptoris is a privately held company and is an Internet
Capital Group (Nasdaq: ICGE) Partner Company. The company is headquartered
in Burlington, Massachusetts. For additional information, please
visit www.emptoris.com.
###
In the News 
