EComm Systems (CDNX: ES.U) announced today that COMMkitchen.com, its foodservice equipment and supplies web operating company (WOC), has signed an agreement with VerticalNet Inc. (Nasdaq: VERT) that will make COMMkitchen’s leading-edge ecommerce technology and custom procurement programs available at two VerticalNet communities.
EComm Systems is a facilitator of business-to-business (B2B) Internet commerce in vertical industries. COMMkitchen.com serves the $15 billion commercial foodservice industry with a web site (www.commkitchen.com) at which commercial foodservice operators can purchase almost 25,000 items of equipment and supplies through customized programs. VerticalNet is the leading creator and operator of vertical trade communities on the Internet.
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The full functionality of COMMkitchen.com will be seamlessly available through VerticalNet’s foodservice and hospitality e-commerce centers (www.foodservicecentral.com and www.e-hospitality.com). Customers find the equipment and supplies they need by searching their customized catalog or the public catalog, then, using COMMkitchen’s advanced ordering features, immediately make their purchases. Product fulfillment is handled by COMMkitchen’s network of industry-leading distributors.
William A. Zemlak, chairman and CEO of EComm Systems, said, “This alliance is a milestone in EComm’s development. With our repeatable industry- and partner-focused ecommerce model, we can bring transaction revenue to VerticalNet, while they offer us exposure to the large professional customer bases aggregated in their communities. Our business model is highly compatible with theirs.”
“As the clear leader in the establishment and development of business to business trading communities, we are always looking for value-added capabilities to offer to our community members,” commented Stephen F. Leous, Director/Business Solutions/Services Group for VerticalNet Inc. “COMMkitchen’s program complements our e-commerce initiatives and allows visitors to our Foodservicecentral.com and E-hospitality.com communities to quickly and easily satisfy their foodservice equipment needs.”
EComm Systems (CDNX: ES.U) is a publicly traded Delaware corporation listed on the Canadian Venture Exchange. With seven of the top national foodservice equipment distributors as partners, the company’s first WOC, COMMkitchen.com, began providing web-based marketing and purchasing options in the $13 billion commercial food service industry in late 1999. The company recently announced the establishment of COMMcleaning.com, its second WOC, and anticipates further WOCs in the near future. Additional information can be found at www.ecommsystems.net.
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By GlobalDataVerticalNet, Inc. (www.verticalnet.com), owns and operates 56 industry- specific Web sites designed as online business-to-business communities, known as vertical trade communities. These vertical trade communities provide users with comprehensive sources of information, interaction and e-commerce. They are grouped into the following industry sectors: advanced technologies, communications, environmental, food and packaging, foodservice and hospitality, health care/science, manufacturing and metals, process, public sector, service, textiles and apparel.
