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86.com creates foodservice B2B e-marketplace powered by Commerce One technology

86.com establishes e-marketplace for foodservice operators and suppliers
By Headlines PR
Johannesburg, 15 Aug 2000

86.com, a business-to-business e-marketplace for the foodservice community, announced today an agreement with Commerce One to create an online marketplace for foodservice operators and distributors powered by the Commerce One MarketSite(TM) Portal Solution for Net Market Makers. The site will create order out of chaos for restaurants by streamlining the often time-consuming process of ordering food, beverages, equipment and supplies, thereby increasing efficiency and profitability.

86.com provides a single transaction engine that utilizes existing business models and current relationships between foodservice operators and their local and regional distributors. The site delivers local business intelligence and interactive content that help restaurateurs improve their operations and increase profitability. 86.com also assists distributors by providing technology integration and sales support services.

"The Commerce One MarketSite Portal Solution for Net Market Makers gives 86.com the ability to get its e-marketplace up and running quickly, while allowing them to focus on bringing value to their community," said Kevin Schick, vice president of product marketing, Commerce One. "Our solutions will allow 86.com`s customers to benefit from a seamless, efficient, cost-effective electronic transaction process."

86.com has the potential to automate a significant portion of the $376 billion foodservice industry. "As a restaurant owner myself, I have a deep understanding of the challenges and concerns of our target markets," said Robin Rains, 86.com cofounder and CEO. "By bringing together local distributors and foodservice operators, we will be creating a network that offers unprecedented savings and efficiency."

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Commerce One MarketSite Portal Solution for Net Market Makers

The MarketSite Portal Solution for Net Market Makers includes all of the pieces required to build and maintain an e-marketplace. The portal solution gets users up and running quickly and requires as little infrastructure investment as customers need. Using Commerce One`s innovative architecture, customers can also easily incorporate additional business services, such as payment, logistics and financial services with just a click. It helps 86.com focus on adding value to its community by leveraging Commerce One`s e-commerce expertise through its trading platform services, including transaction management and auction services. Additionally, the Commerce One MarketSite Portal Solution for Net Market Makers offers industry-leading catalog content management, allowing 86.com to create, operate and manage product information systems and offer aggregated industry catalogs, as well as dynamic sourcing capabilities. This solution is based on an open, scalable platform that seamlessly integrates business services and provides connectivity to all other Commerce One trading partners.

86.Com

86.com is a business-to-business Internet portal that delivers innovative e-commerce technology and content to foodservice operators and their suppliers. The site takes a local market-by-market approach and creates order out of chaos by streamlining the buying and selling process, thereby increasing efficiency and profitability throughout the foodservice supply chain. Headquartered in Washington, D.C., 86.com is backed by Columbia Capital.