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Oct 24 Earnings Announcement (Quelle: Yahoo) VerticalNet Markets Launches VerticalNet BizWorks; New ASP Business to Deliver Horizontal Services HORSHAM, Pa., Oct. 16 /PRNewswire/ -- VerticalNet Markets, a strategic business unit of VerticalNet, Inc. (Nasdaq: VERT), the Internet`s leading business-to-business e-commerce enabler, today announced the formation of VerticalNet BizWorks to provide horizontal business services for VerticalNet customers. "We are pleased to formalize our horizontal services strategy through the formation of VerticalNet BizWorks. This division creates synergy among several of VerticalNet`s horizontal offerings and fits into our customer focused strategy," said Joe Galli, President and CEO of VerticalNet. "By providing integrated bundles of services across all of our communities we maximize the value to our customers." "These services will help companies take offline activities online, solidifying VerticalNet`s position as a business-to-business e-commerce enabler," said Walter Rogers, Vice President and General Manager of VerticalNet BizWorks. Packaged service suites will be available in an ASP format and be made available to VerticalNet customers on a subscription basis. Each customer will be able to select the set of services they desire and access these services through the VerticalNet interface or a digital dashboard available from their desktop. VerticalNet`s expertise in leveraging e-commerce and web-based technologies will allow companies to improve operational efficiencies, lower operating costs and drive more of their business to the Web. VerticalNet BizWorks` first suite of products, VerticalNet PeopleTools, targets the needs of HR professionals and includes solutions to find and train employees. Additional services will be added in the coming quarters. "Traditional outsourcing and ASP markets are large and rapidly growing business segments," said Rogers. "Our offerings bundle various infrastructure, application, hosting and processing services designed to solve many of the day-to-day operational issues faced by our customers. Companies working with VerticalNet BizWorks can leverage the power of the Internet without having to make the significant infrastructure and staffing investment required to truly achieve scale." |
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