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iStarXchange and IBM Forge Strategic Relationship

IBM to Host Web Site for World’s Leading Auto Replacement Parts e-Marketplace

Somers, NY & Irvine, CA - 21 Aug 2000: -- iStarXchange, a B2B e-marketplace launched in February of this year, plans a strategic relationship with IBM. As a first step, IBM Global Services will host iStarXchange from IBM's Web hosting center in Raleigh, North Carolina.

iStarXchange is an Internet-based marketplace that will link buyers and sellers of automotive replacement parts, providing industry leading collaborative services all along the supply chain, from multi-billion dollar suppliers through existing channels to local, independent mechanical or collision repair shops. Because iStarXchange services are based on proven i2 intelligent e-business technology, the company says it will be able to roll out services beginning in the third quarter of this year.

IBM, the world leader in hosting and e-business services, manages 73,000 servers from multiple hardware vendors in 133 data centers worldwide. The company was recently selected to provide Web hosting services for a number of other exchanges, including the WorldWide Retail Exchange, the world's leading retail e-marketplace. In addition to Web hosting, IBM also offers -- together with i2 and Ariba -- end-to-end solutions for e-marketplaces, including software, consulting, and systems integration services.

"The automotive replacement parts value chain is certainly one of the world's most complex -- just consider the diversity of the participants and sheer scale," said iStarXchange CEO, E.J. O'Leary. "At $150 billion plus in the U.S. alone, only the smartest, fastest and strongest technology partners will have the scalability to provide real value, in a timely fashion, to this industry's thousands of participants -- that's why we've chosen IBM."

"As an open and independent e-marketplace, iStarXchange is uniquely positioned to provide value-added collaborative services to buyers and sellers participating in the automotive replacement parts supply chain," said Rusine Mitchell-Sinclair, general manager, managed e-business hosting services, IBM Global Services. "Our experience hosting some of the most complex and heavily trafficked Web sites in the world uniquely qualifies us to meet the needs of emerging e-markets leaders such as iStarXchange."

Contact(s) information

Nancy Kaplan, IBM
IBM
914-766-4265
nkaplan@us.ibm.com

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