Auburn, California-based food exchange concern foodconnex worldwide(TM) has finalized plans with Commerce One, Inc. (Nasdaq:CMRC – news), the leader in global e-commerce solutions for business, to deliver business-to-business e-marketplace solutions for the food industry. foodconnex selected the Commerce One Solution and has joined the Global Trading Web(TM), a network of many e-marketplaces running on the Commerce One MarketSite(TM) Portal Solution. As part of the agreement, Commerce One has invested in foodconnex worldwide to further their commitment to this industry vertical.
Through a vertical application, foodconnex will provide a one-stop-shop for companies involved in the food industry, at all levels from manufacture through purchase. And, by use of “open architecture,” foodconnex can conveniently hook into a company’s existing IT infrastructure, allowing for greater purchasing power, industry relations, sharing of information and tracking of trends.
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“The food industry has many existing routes of e-commerce, but until now they have operated independently, and not always in the best interests of efficiency,” said Kent Rhodes, CEO of foodconnex. “We expect foodconnex to offer a single hub through which all participants can connect, trade, share information and forge new strategic partnerships,” he added.
“By leveraging Commerce One’s expertise in creating e-marketplaces and foodconnex’s strong, long-term relationships with suppliers and buyers, we expect to create a dynamic market for this industry,” said Mark Hoffman, CEO of Commerce One.
About foodconnex worldwide
Established in 1994 as American Multi Media Group (AMMG), and now known as foodconnex worldwide, the Auburn, CA-based company is a leading provider of e-business solutions to the food industry. Services include customized e-commerce solutions, business-to-business extranets, company-wide intranet, web-based training programs, customized sales presentations and digital imaging and catalogues for such clients as General Mills, Rich-SeaPak, Lawry’s, Campbell’s, Gordon Food Service, IGA, Clorox, Del Monte Foods, SuperValu and others. For more information about foodconnex go to www.foodconnex.com, or for sales information, contact Tom Rector, VP Sales, at 530/887-1216.
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By GlobalDataAbout Commerce One
Commerce One (Nasdaq:CMRC – news) is the leader in global e-commerce solutions for business. Through its products, portals and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. The Commerce One Global Trading Web(TM) is the world’s largest business-to-business trading community. Comprising many open e-marketplaces, the Global Trading Web(TM) provides unprecedented economies of scale for buying organizations, suppliers and service providers worldwide. Commerce One is located in Pleasanton, Calif., and can be reached by phone at 800/308-3838 or 925/520-6000 or via the Internet at www.commerceone.com.
