Santa
Clara, Calif. and Burlington Mass., November 20, 2000 - Xporta,
Inc., developers of the only solution that instantly determines
the total cost of goods to be delivered anywhere in the world,
and Emptoris, Inc., the leading provider of dynamic, B2B e-commerce
solutions, today announced a partnership that will provide a complete
solution for global online strategic sourcing. Under the terms
of the agreement, Emptoris' ePASS will integrate with Xporta's
Universal Landed Cost™ platform to enable net markets and
enterprises to easily conduct global trading initiatives. ePASS
is an advanced strategic sourcing solution that enables net market
makers and Global 5000 companies to source goods and services
over the Internet, while Xporta's Universal Landed Cost enables
net markets and enterprises to generate a real-time quote that
shows precisely what goods will cost-including all taxes, duties,
tariffs, shipping fees and other charges.
"A truly useful quote must consider all factors that impact how
much the goods will ultimately cost," said Avner Schneur, CEO
of Emptoris "By combining ePASS' advanced RFQ and decision support
capabilities with Xporta's innovative landed cost technology,
we can provide customers with a robust strategic sourcing solution
that enables buyers to make the best decisions possible while
providing them with the total cost of goods including indirect
fees such as international shipping charges. This type of solution
fills a much-needed requirement today, particularly as more and
more businesses leverage the Web to expand globally."
ePASS'
RFQ management and decision support capabilities incorporate customizable
business rules, advanced workflow and optimization technology
to allow buyers to make the best possible online procurement decisions.
ePASS enables buyers to consider factors other than price, such
as product quality, existing buyer/supplier contracts and supplier
performance ratings. In addition, ePASS allows suppliers to protect
profit margins by providing them with flexible bidding options,
such as bundled bids and volume discounts. By combining ePASS
with Xporta's Universal Landed Cost, buyers will receive quotes
that accurately reflect the total delivered costs of goods transported
both domestically and internationally, taking into account source,
destination and routing.
"What
makes a partnership important or meaningful to the marketplace
should be measured by what benefits it will provide to an end
customer," said Antony Awaida, founder and CEO of Xporta. "Simply
put, our new arrangement with Emptoris will provide users with
a solution they've never had before: the ability to generate a
real-time quote that is all inclusive -- no surprises later. By
combining this information with Emptoris' industry leading RFQ
management and bid analysis capabilities, we have the potential
to greatly accelerate e-commerce and improve Web-driven strategic
sourcing decisions by eliminating questions about price and those
questions have obviously been a barrier to trade, both domestically
and globally."
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.
About Xporta
Inc.
Xporta was founded to make commerce more effective for Fortune
1000 buyers and suppliers, as well as B2B exchanges, by delivering
a real-time Universal Landed Cost that accurately reflects the
total delivered costs of goods transported both domestically and
internationally, taking into account source, destination and routing.
Through innovative integration of proprietary technology and partnerships
with industry leaders, Xporta provides automated calculation of
shipping, insurance, taxes, duties and other tariffs via a fully
hosted and maintained solution. Xporta is venture funded by the
RWI Group with a seasoned management team experienced in world
trade and transportation markets. Founded in 1999, Xporta headquarters
are located in Santa Clara, Calif. Additional information about
Xporta is available at www.xporta.com.
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