Commerce One And Cap Gemini Ernst & Young Global Alliance To Provide Complete B2B E-Marketplace Solutions
Cap Gemini Ernst & Young to Become a Preferred Global Alliance Partner of Commerce One and Train and Deploy Dedicated Consultants to Implement Commerce One Solutions
18 September 2000
At the eLink 2000 conference in Las Vegas today, Commerce One Inc. (NASDAQ: CMRC), the global leader in business-to-business electronic commerce solutions, and Cap Gemini Ernst & Young U.S. LLC, an entity of one of the largest management and IT consulting firms in the world, announced preliminary plans to expand their existing relationship and form a strategic global alliance to help companies create e-marketplaces for business-to-business trading and electronic commerce.Cap Gemini Ernst & Young will implement Commerce One’s e-commerce solutions for companies across a variety of industries, including financial services, healthcare and high tech. Definitive agreements relating to this alliance are expected to be executed by Commerce One and Cap Gemini Ernst & Young in the fourth quarter of 2000.
As a Commerce One preferred global alliance partner, Cap Gemini Ernst & Young will train and deploy hundreds of consultants worldwide to implement Commerce One
e-marketplace solutions. Cap Gemini Ernst & Young will dedicate a team of several hundred Commerce One-trained specialists offering e-strategy and implementation services in 2001 and more than 1,000 by the end of 2002.
“Commerce One is a clear leader in B2B e-commerce solutions,” said Michael Murphy, Cap Gemini Ernst & Young vice president and leader of the Cap Gemini Ernst & Young global Commerce One solution team. “Cap Gemini Ernst & Young’s global e-business strategy and integration capabilities, coupled with Commerce One’s class-leading
e-marketplace solutions, make a powerful combination for helping companies move their commerce activities onto the Web.”
Commerce One and Cap Gemini Ernst & Young plan to promote the alliance through joint marketing and sales efforts.
“We’re excited about partnering with an industry leader such as Cap Gemini Ernst & Young in creating, building and connecting business-to-business e-marketplaces,” said Chuck Donchess, executive vice president and chief strategy officer, Commerce One. “We believe that Cap Gemini Ernst & Young, with its integration capabilities and experience in e-procurement, e-strategy, auction services and strategic sourcing, will strengthen our position in the marketplace through a powerful combination of technology and services.”
Building on Successful Joint Efforts
Commerce One and the Cap Gemini Ernst & Young group have already successfully collaborated on e-marketplace projects in the financial services and healthcare industries.
The two organizations created an e-marketplace for the French Banking Consortium, whose members include Société Générale, BNP Paribas and Crédit Agricole. The cross-industry e-marketplace supports a wide variety of secure online transactions and acts as a hub for the Global Trading Web in France.
The two organizations also created an e-marketplace for empactHealth that provides
e-commerce capabilities for member hospitals, suppliers, licensees and retailers. Through the empact-Health e-marketplace, buyers and sellers can place and process orders, manage catalogues, fulfill order approvals and manage deliveries.
About Cap Gemini Ernst & Young
Cap Gemini Ernst & Young group is one of the largest management and IT consulting firms in the world. The company offers management and IT consulting services, systems integration, and technology development, design and outsourcing capabilities on a global scale to help traditional businesses and “dot companies” continue to implement growth strategies and leverage technology in the new economy. The organization employs more than 56,000 people worldwide and reports global revenues of 7.7 billion euros (1999 pro > forma). More information about individual service lines offices and research is available at www.capgemini.com
About Commerce One
Commerce One (NASDAQ: CMRC) 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 ä is the world’s largest business-to-business trading community. Comprised of many open e-marketplaces, the Global Trading Web 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 http://www.commerceone.com/.
Forward Looking Statements
The foregoing paragraphs include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements concerning the establishment of an alliance between Commerce One and Cap Gemini Ernst & Young (CGEY), the expected number of CGEY consultants and specialists implementing the exchange solutions, the expected joint marketing and sales efforts, the integration capabilities and experience of CGEY in the field, the expected delivery of stronger eMarketplace offerings and the expected strengthening of Commerce One’s market position. These statements are subject to risks and uncertainties. Actual results may differ materially from those described in such statements as a result of a number of factors. These factors include, but are not limited to, the risk that the parties will not come to agreement and execute definitive agreements with respect to the relationship described above, the possibility that the final terms of the relationship are dissimilar to the terms described above, including the number of CGEY consultants and specialists implementing the exchange solutions and joint marketing and sales efforts, the risk that Commerce One’s market position may not strengthen despite a successful implementation of the e-marketplaces, the possibility that the e-marketplaces will not gain general acceptance, general economic conditions, intense and increasing competition, and the extent of customer adoption and utilization of the e-marketplaces. For a discussion of these and other risk factors that could affect Commerce One’s business, see “Risk Factors” in Commerce One’s filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 1999 and its quarterly report on Form 10-Q for the quarter ended June 30, 2000.
Nadia
Leather
Cap Gemini
Ernst & Young
nadia.leather@us.cgeyc.com
212-773-6109
Julie
Clark
Commerce
One, Inc.
925-520-5970
julie.clark@commerceone.com
