Cable & Wireless Optus, SAP, SAPMarkets and Commerce One announced today the signing of a strategic alliance to offer integrated e-commerce solutions to businesses in Australia and New Zealand.
The agreement brings together the global and local experience and complementary capabilities of each of the companies to provide increased value to Cable & Wireless Optus customers.
Under the agreement, the companies will jointly identify, market and distribute e-commerce solutions and value-added services to selected customer accounts in targeted industries and markets. In addition, CWO MarketSite will be promoted as an e-marketplace of choice to these customers.
Chris Hancock, Director of Data and Business Services, Cable & Wireless Optus said today's announcement is a huge win for business customers.
"The alliance creates a high profile, one-stop-shop for all the e-commerce requirements of business customers. With CWO MarketSite as the foundation, businesses can connect to an already established e-marketplace and their time to market and investment will be reduced.
"CWO MarketSite provides a single connection to multiple trading partners and potential cross-border connection via the Commerce One Global Trading Web."
Zia Yusuf, Managing Director, SAPMarkets Asia Pacific Solutions said: "This agreement will enhance existing relationships by leveraging the global alliance between Commerce One and SAPMarkets.
"As we move forward to jointly identify target accounts and develop a go-to-market strategy, Optus will be able to offer these customers broad-based e-business solutions," he said.
Lloyd Oki, Vice President, Asia Pacific Sales, Commerce One said: "Our alliance partners in Asia and across the globe are taking the lead in operating e-marketplaces and enhancing e-business capabilities for business.
"As a result of the SAPMarkets and Commerce One alliance we believe that we have expanded the collaborative capabilities of the e-marketplace environment and extended e-procurement possibilities to benefit companies which use our solutions.
"We look forward to working with Cable & Wireless Optus and others to help companies realise the true business benefits that can be derived from a comprehensive e-marketplace strategy," he said.
About CWOMarketSite
Cable & Wireless Optus launched CWO MarketSite, the e-marketplace for Australia and New Zealand, in March 2000. CWO MarketSite has more than 400 participants and has already delivered tangible business benefits to customers in terms of cost saving, increased efficiency and a new channel to market. CWO MarketSite provides global trading opportunities for Australian and New Zealand businesses by connecting to the e-marketplaces of other Commerce One partners as part of the Global Trading Web.
About SAPMarkets
SAPMarkets is the exchange company of SAP (NYSE: SAP) and delivers solutions that automate business processes across boundaries. Based in Palo Alto, California, SAPMarkets currently enables over 1100 companies worldwide to use the Internet for greater agility, precision and profitability. SAPMarkets can be found at http://www.sapmarkets.com.
About Commerce One
Commerce One - (Nasdaq: CMRC) is the e-marketplace company. Through its software, services and Global Trading Web - of interconnected business communities, 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 in Australia at +61-2-8923 2654 or via the Internet at www.commerceone.com.
Copyright 2001 - Commerce One, Many Markets. One Source. Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, XML Development Kit, XML Commerce Connector, MarketSite Builder, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. Enterprise Buyer and MarketSet are trademarks of Commerce One, Inc. and SAPMarkets, Inc. All other company, product, and brand names are trademarks of their respective owners.
Forward Looking Statements
Certain statements made in this press release by Commerce One are not historical facts but are "forward looking statements" and may involve risks and uncertainties which could cause actual future results to differ materially and adversely from those anticipated by such statements. Included among the factors that could affect Commerce One's performance are product demand and market acceptance; general economic conditions; fluctuations in operating results; its and its alliance partners' ability to meet users' expectations, its and its alliance partner's ability to integrate various products and services into the portfolio of services provided by CWO, acceptance in the market place. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2000.
Media contacts
Melissa Favero
Cable & Wireless Optus
Tel: +61 2 9342 5030
Siew Tin Lim
SAPMarkets
Tel: +65 9 862 9152
Emile Lee
Commerce One
Tel: +65 212 9485