Internet Capital Group ICGE für fundamental Interessierte (Seite 1080)
neuester Beitrag 06.02.13 15:56:02 von
CHINA IT OUTSOURCING LEADER, FREEBORDERS, SPONSORS GARTNER OUTSOURCING SUMMIT 2006
Freeborders to exhibit and present case study at Gartner Outsourcing Summit 2006
SAN FRANCISCO, CA—March 20, 2006 —Freeborders, a leading provider of technology solutions and outsourcing from China, announced today that it would sponsor and exhibit at the Gartner Outsourcing Summit 2006 in Orlando, Florida. Freeborders will also present a case study at the Gartner Global Sourcing Invitational Program, an invitation-only event held concurrently with the Gartner Outsourcing Summit.
The Gartner Outsourcing Summit is the only event designed to provide a comprehensive view of the entire outsourcing arena that allows leaders from both business and IT groups to come together; and offers a holistic understanding of all the options, risks and opportunities available. The Summit provides unbiased, road-tested advice and best practices necessary for setting outsourcing strategies and objectives, evaluating and selecting the right services providers, managing relationships with external partners and delivering profitable outcomes.
“The Gartner Outsourcing Summit is one of the leading thought leadership events in the global sourcing industry,” said John Cestar, co-CEO, Freeborders. “As one of the leaders in China serving North American and European clients, we felt it was key to show our support for the Summit and demonstrate our leadership to the market.”
Freeborders will be exhibiting in Booth A of the Sponsor Showcase and its case study will be on Monday, April 3 at 11am at the Gartner Global Sourcing Invitational Program.
About the Gartner Outsourcing Summit
The Gartner Outsourcing Summit is the only event designed to provide a comprehensive view of the entire outsourcing arena that allows leaders from both business and IT groups to come together; and offers a holistic understanding of all the options, risks and opportunities available. The Summit provides unbiased, road-tested advice and best practices necessary for setting outsourcing strategies and objectives, evaluating and selecting the right services providers, managing relationships with external partners and delivering profitable outcomes. Additional information is available at www.gartner.com/us/outsourcing.
Freeborders is a leading provider of technology solutions and outsourcing from China. Freeborders provides industry expertise to North American and European companies in financial services, technology, retail/consumer goods, manufacturing and transportation & logistics. Headquartered in San Francisco with offices on three continents, Freeborders has developed a track record of service delivery to the Fortune 1000 by combining world-class project management in both hemispheres with one of the largest technology centers in China. Freeborders believes China’s massive and growing supply of IT talent and the country’s emerging importance in the global supply chain make China a strategic imperative for any company seeking cost-effective world-class technology solutions.
Quelle : http://www.freeborders.com/news/press20060320.html
[URLICG Commerce Senior Director of Global Logistics Recognized By Industry Publication as Top Thought Leader]http://www.nasdaq.com//aspxcontent/newsstory.aspx?selected=ICGE&symbol=ICGE%60&symbol=TRFC%60&symbol=VERT%60&symbol=CMGI%60&symbol=ARBA%60&symbol=OSTK%60&symbol=BBBB%60&symbol=SIMG%60&symbol=RMBS%60&symbol=CDY%60&textpath=20060323%5CACQPRN200603230800PR%5FNEWS%5FB%5FMWT%5FCG%5FCGTH021%2Ehtm&cdtime=03%2F23%2F2006+8%3A00AM[/URL]
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Vcommerce provides on-demand commerce and fulfillment solutions for multi-channel retailers and direct-to-consumer companies of all types. The Company offers turn-key solutions and customized features that allow customers to rely on Vcommerce for some or all of their e-commerce functions, from hosting an entire e-commerce site to supporting back-end functions such as managing drop-ship suppliers. As a complete solution, Vcommerce enables retailers, distributors and manufacturers to merchandise products, accept orders from customers, authorize and settle credit card transactions, ship products directly to the consumer, handle returns and manage customer service through the Vcommerce platform with minimal operating overhead and no IT infrastructure.
"Vcommerce represents a valuable addition to the ICG network," said Walter Buckley, Chairman and CEO of Internet Capital Group. "With a web-enabled platform that allows customers to rely on Vcommerce for their front-end and back-end e-commerce initiatives, a highly scalable solution that captures important transactional data, and a large market opportunity, Vcommerce falls directly in the bull's-eye of ICG's acquisition thesis. We believe Vcommerce is well positioned to create long-term value for ICG and its stockholders."
Vcommerce generates revenue primarily through usage-based transactions. For some customers, Vcommerce acts as supplier of record but does not hold inventory. Vcommerce expects 2006 revenue to be approximately $20 million, inclusive of hosting fees, implementation fees, transaction fees and, in some cases, gross merchandise sales revenue. Clients include Target, Overstock.com, eToys Direct, David's Bridal, MTV Networks, Baby Universe and Ritz Interactive, among others.
"We are extremely pleased with Internet Capital Group's commitment to Vcommerce as they are a very strategic partner for us," said Dan Clarke, Vcommerce CEO. "They bring considerable operating experience, a powerful network of industry contacts, and an understanding of our market and the challenges that high-growth companies face. We look forward to working closely with our new partner to increase the value of our technology for our clients and to further capitalize on the tremendous market opportunity for on-demand e-commerce solutions."
About Internet Capital Group
Internet Capital Group (www.internetcapital.com) owns and builds Internet software companies that drive business productivity and reduce transaction costs between firms. Founded in 1996, ICG devotes its expertise and capital to maximizing the success of these platform companies that are delivering on-demand software and service applications to customers worldwide.
Vcommerce is a market leader in on-demand commerce and fulfillment solutions for multi-channel retailers and direct-to-consumer companies of all types. With nearly a decade of experience, Vcommerce counts two of the top three fastest-growing online retailers among its clients and has integrated thousands of suppliers and processed over $1 billion in goods for such leading merchants as Target, Overstock.com, eToys Direct, David's Bridal and MTV Networks. Companies choose Vcommerce for its proven flexible platform and Web-based management tools that enable them to confidently rely on Vcommerce for some or all of their commerce chain functions; manage large-scale supplier and drop-ship integrations, and maintain visibility and control of their high-volume order traffic across disparate business systems and supplier networks. For more information, please visit www.vcommerce.com, or call 480.922.9922.
March 27, 2006
[URLeCredit and NACM Gateway Announce Strategic Partnership]http://www.ecredit.com/docs/pr/119pressreleases.php[/URL]
PHOENIX--(BUSINESS WIRE)--March 30, 2006--Windstone Capital Partners Inc. today announced it has completed its $13.0 million equity financing for Vcommerce Corp. The financing was provided by Internet Capital Group (NASDAQ: ICGE) and Windstone was the lead financial advisor responsible for bringing ICG to Vcommerce Corp.
Windstone Senior Partner, Kevin R. Loud, stated, "Working closely with Vcommerce management, Windstone went to the capital markets and was able to interest a number of venture funds in Vcommerce. Most of the funds had never invested in an Arizona-based company and had little knowledge of Vcommerce. As a result of these efforts Vcommerce received numerous offers for funding. After extensive analysis and negotiations, the company selected Internet Capital Group. This deal was closed because of Vcommerce's skilled management team and their ever-growing Fortune 500 client list."
Founder and CEO of Windstone, Norman E. Clarke, further stated, "This transaction is one of the largest venture capital financings in the Phoenix area in recent years. We are pleased to have been the exclusive lead advisor on this transaction."
Vcommerce provides e-commerce software solutions enabling online retailers in running their Internet-based retail business. Vcommerce's clients include E-Toys, Target (NYSE: TGT), Sony (NYSE: SNE) and Overstock.com.
Windstone Capital (www.wcp.cc) is a Scottsdale-based merchant banking and advisory firm specializing in technology-based venture capital financing. The firm's services include venture capital and private equity syndication for early and mid-sized companies nationally and in the Southwest. Windstone Capital was established in 2002 and has completed over $100 million in transactions since that time.
CONTACT: Windstone Capital Partners Inc.Norman E. Clarke, 602-224-2400
SOURCE: Windstone Capital Partners Inc.
Quelle : http://www.nasdaq.com//aspxcontent/newsstory.aspx?selected=I…