Supplynet Set To Power B2B E-Commerce Growth

AUCKLAND, New Zealand – September 3, 2001- SupplyNet Limited, the local technology services company, today announced that New Zealand’s ability to take part in real-time global e-commerce has been considerably strengthened with the roll-out this month of Commerce One’s MarketSite™v4.1 software, the collaborative e-commerce management system.

SupplyNet is pioneering B2B e-commerce in New Zealand by delivering a proven platform that enables companies to establish business and trading partners worldwide as well as locally.

“MarketSite is a leading global B2B e-commerce platform providing the foundation for more than 150 e-marketplaces around the world,” said Mr. Neil Hudspith, senior vice president and general manager, Asia Pacific, Commerce One.

Mr. Hudspith also said global B2B e-commerce is today delivering significant ROI (return on investment) to its customers. “Our technology is already a major contributing factor in helping our customer’s enhance their business processes, save money and open new business opportunities. By working in close cooperation with IT leaders such as SAP, SAPMarkets, Microsoft and Compaq we are delivering an unmatched portfolio of business solutions to address all aspects of a company’s internal and external B2B e-commerce needs – from supply chain integration to supplier solutions.”

SupplyNet provides the New Zealand gateway to the Commerce One Global Trading Web™, the world’s largest on-line B2B trading community. Through SupplyNet, New Zealand businesses and organizations will have the potential to connect to major e-marketplaces around the world. The Global Trading Web has enabled more than 40,000 successful transactions and connects hundreds of thousands of suppliers and buyers in major global markets.

“The Global Trading Web is a tangible extension of Commerce One’s vision for global e-commerce,” said Jim Gregory, vice president, Global Trading Web, Commerce One. “SupplyNet is already well on its way to delivering cross border, on-line trading opportunities for New Zealand businesses. They have already established interoperability with Australia’s Cable & Wireless Optus MarketSite, linking New Zealand to its major trading partner and plans are to extend to other Asian e-marketplaces in short order.”

Chris Canning, Executive Chairman of SupplyNet Limited, said that succeeding in e-commerce is an essential component of New Zealand ‘catching the knowledge wave’ and benefiting from the promise that technology can deliver tangible business benefits.

“MarketSite v4.1 offers real opportunities in e-commerce for New Zealand, enabling businesses to conduct trade more effectively across the region and throughout the world,” said Mr Canning.

Built upon an open, robust XML infrastructure, MarketSite collaboration enables B2B transactions and exchange of information among buyers and suppliers worldwide. With MarketSite software’s open architecture and industry-leading XML Common Business Library (xCBL), the need for expensive, custom point-to-point integration is eliminated.

“Quite simply, MarketSite v4.1 software enables multiple buyers and suppliers to engage in e-commerce in the most cost effective and efficient environment,” Canning said.

Commerce One, SAP, SAPMarkets and Microsoft are closely aligned worldwide and SupplyNet and its solutions offerings in the New Zealand market mirror that relationship. Compaq and Cable & Wireless Optus complete a powerful combination of business alliances in the region.

“Together, these strategic alliances can help Kiwi businesses and government trade with the world,” Mr Canning said, “offering best of breed solutions scaled to suit the New Zealand economy and serviced locally.”

SupplyNet is a technology enablement company offering buy-side and sell-side solutions for e-procurement, and supporting vertical buying communities on MarketSite. It is a member of the Gconnect Consortium that was recently announced as an intending respondent to the Government RFP shortly to be released.

ENDS

BACKGROUND:

SupplyNet has recently completed installation and gone into operational mode with the latest release of Commerce One’s MarketSite v4.1.

As Commerce One’s MarketSite licensee for New Zealand, SupplyNet is among the first in the world to deliver this new technology.

SupplyNet was established in 2000. Since then the company has formed strategic alliances with the leaders in business solutions worldwide: Commerce One, SAP, SAPMarkets and Microsoft are closely aligned and SupplyNet and its solutions offerings in the New Zealand market mirror that relationship. Compaq and Cable & Wireless Optus complete a powerful combination.

SupplyNet recently achieved interoperability with Australian buyers and suppliers through its link to the Cable & Wireless Optus MarketSite and has a program to link with sites throughout the Asia Pacific Region.

In its first year, SupplyNet has concentrated on technology implementation, the enablement of its first three vertical buying communities and the building of supplier catalogues.

SupplyNet is owned by Professional Service Brokers Limited (“PSB”) a private New Zealand company which is also invested in Strategic Procurement, Strategic Sourcing and Consulting.

SupplyNet, SAP, Microsoft, Compaq and KPMG Consulting are members of the Gconnect Consortium offering solutions to the New Zealand Government for its E-Gov Strategy in response to an RFP being issued early September.

In June 2000, SAPMarkets and Commerce OneÒ (Nasdaq: CMRC) announced the teaming of Commerce One's leading e-marketplace environment and B2B solutions with top-rated mySAP.com e-business applications from SAP (NYSE ADR: SAP) and SAPMarkets. The joint offering combines e-procurement with collaborative services for trading communities, dramatically reducing cycle times, improving customer relationships and increasing productivity for businesses worldwide. The Commerce One and SAPMarkets team strategy is unique in the industry, including product strategy, co-engineering, joint marketing, sales and support and thus offers enterprises and trading communities a single source for the entire range of open business-to-business solutions and e-marketplaces. Commerce One is located in Pleasanton, Calif., and can be reached by phone at 800 308 3838 or +1 925 520 6000, or via the Internet at www.commerceone.com. SAPMarkets, based in Palo Alto, Calif., can be found at www.sapmarkets.com. More information on SAP can be found at www.sap.com.

Visit these websites:
www.commerceone.com
www.sapmarkets.com
www.supplynet.co.nz

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