GE Global eXchange Services and Commerce One form e-business alliance

GE Global eXchange Services, a leader in global business-to-business Internet commerce, and Commerce One, Inc., a leader in global e-commerce solutions for business, have announced their intent to form a B2B alliance that will bring together the complementary technologies and marketplace strengths of GE Global eXchange Services and Commerce One to dramatically increase access to more open e-marketplaces globally. Definitive agreements with respect to this alliance are expected to be executed during the third quarter of 2000.

Derek Lubner, marketing director of Commerce One South Africa says: "The announcement from GE Global eXchange Services and Commerce One to form a B2B alliance further illustrates the impact the Commerce One solution is having on the B2B marketplace. Locally, we will be working with Destiny (a subsidiary of Datatec) to bring the value and complimentary technologies to bear on the South African landscape. Commerce One South Africa is committed to working with partners to build the regional MarketSite and its range of services for the benefit of South African companies. "

Customers to Benefit from Improved Technology And Expanded Access to e-Marketplaces

Gaithersburg, Md. and Pleasanton, Calif., -- GE Global eXchange Services , a leader in global business-to-business Internet commerce, and Commerce One, Inc., a leader in global e-commerce solutions for business, in July announced their intent to form a B2B alliance that will bring together the complementary technologies and marketplace strengths of GE Global eXchange Services and Commerce One to dramatically increase access to more open e-marketplaces globally. Definitive agreements with respect to this alliance are expected to be executed during the third quarter of 2000.

Commerce One`s e-marketplaces will be supported by Global eXchange Services` (GXS) transaction processing and trading partner enablement capabilities. The resulting interoperability between GXS` data transaction and translation technology and services (including EDI) and Commerce One`s XML Common Business Library (xCBL™) based e-commerce solutions is expected to significantly increase the number of buyers and sellers who can transact business with one another on a global basis.

In addition to this technology support, the alliance will provide GXS` network of 100,000 trading partners with access to the scores of open e-marketplaces in Commerce One`s Global Trading Web™.Access will be provided using Commerce One`s e-procurement solution, BuySite Portal Edition™.GXS has licensed Commerce One`s BuySite Portal Edition in support of e-commerce initiatives throughout the GXS customer base.

Both companies expect to dedicate engineering, sales, and marketing resources to the cooperative initiatives. "Our focus is clearly on the customer and this alliance will allow our customers to take advantage of expanded trading relationships," said Harvey Seegers, President and CEO of GE Global eXchange Services. "Key to this agreement is the unprecedented synergy between GXS` data transaction and translation services and Commerce One`s web-based solutions. We expect the result to provide significantly more real-time transactions between buyers and sellers worldwide."

"Commerce One is focused on delivering the world`s premier e-marketplaces, and the key to that is delivering easy access to those marketplaces from any type of platform," said Robert Kimmitt, President of Commerce One. "We anticipate that our alliance with GXS will allow companies to combine the flexibility and power of web-based trading with the efficiencies of computer-to-computer trading to increase transparency and boost cost savings throughout the supply chain."