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KeyCommerce Announces Direct Materials Procurement Emarketplace Licensing Agreement With JustI2I
 
250-Store License Will Allow First Brazilian eMarketplace Focused on Packaging Industry

Nashua, NH-April 18, 2001-KeyCommerce, Inc., an emerging leader in B2B eMarketplace software development, today announced an agreement to license their ECO-Sell Enterprise software system, part of the ECO-Sell B2B sell side software suite, to Justi2i, a Brazil-based subsidiary of Datamark International Ltd., Hamilton, Bermuda. This B2B eCommunity is a pioneering effort in online procurement of direct production materials.

According to Forrester Research, "B2B eCommerce will hit $2.7 trillion in 2004. While Internet trade between individual partners will continue to flourish, eMarketplaces will fuel most of the growth-reaching 53% of all online business trade in five years."

"We are delighted that Justi2i chose KeyCommerce to enable their B2B capabilities, and play such an important part in this pioneering effort for South America," said Ahmad Kasmieh, co-founder and Chief Technology Officer of KeyCommerce. "It is estimated that as many as a 25 percent of firms anticipate that most of their online trade will flow through eMarketplaces in 2002, and Justi2i is leading the way in Brazil."

"Thanks to KeyCommerce's ECO-Sell Enterprise software, our member companies can each have fully functioning, transaction-enabled online showrooms that retain their own look and feel," said Graham Wallis, CEO of Justi2i. "This license for KeyCommerce software will substantially increase our revenues, and KeyCommerce has provided this effective and economical solution quickly with no interruption to our business."

The ECO-Sell Enterprise software system works in conjunction with Intershop's ePages application. The ECO-Sell software suite also integrates easily with various technology engines such as BEA Systems and other J2EE compliant application servers, as well as Oracle and Sybase database servers.

About KeyCommerce

KeyCommerce provides sell-side e-Business software and solutions to a wide range of industries. Our Web-based, ECO-Sell software suite is compatible with leading infrastructure platforms providing B2B solutions. KeyCommerce experience extends to complex multi-tier sell side distribution networks, providing direct and indirect distribution organizations with channel-enabling solutions that add customer value and expand revenue opportunities. In addition to the ECO-Sell software suite, KeyCommerce's services include system design, integration and deployment, including operational transition to your in-house hosting or an external application service provider. The Company's customers include Sun Microsystems and Sybase. KeyCommerce partners with Intershop, BEA Systems, Oracle and Cisco Systems to provide these products and services. The company's headquarters are in Nashua, NH. More information about the company and its products and services can be found at www.keycommerce.com.

About Justi2i

Justi2i is the first Latin American Internet E-Community focused on the packaging industry. Justi2i will enable transactions between Consumer Packaged Goods companies and their packaging suppliers. The initial rollout will include a comprehensive packaging classification system and will concentrate on the Brazilian market. Subsequently the system will be offered to other Mercosur countries. A secure fast access hosting service supplied by www.diveo.net.br, the leading Internet Data Center operator in Latin America, will guarantee the integrity of transactions. The Brazilian Market Research firm, DATAMARK, which has developed extensive on-line information systems, will support Justi2i's data requirements. The product will be launched on 26 June 2001 at Brazilian British Center in São Paulo, Brazil.
www.justi2i.com


Contact:
Sales
KeyCommerce, Inc.
603.897.1213 x 4
sales@keycommerce.com

Maurice Max
Justi2i Ltda
++ 55 11 3819-1810
mauricemax@datamark.com.br

 

 
 

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