Xspeedium.com Selects IBM to Power Online Trading Exchange

Dot-com ASP Chooses IBM Servers, Software and Services To Build e-business

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- 20 Mar 2000: March 20, 2000 --Application service provider Xspeedium.com today announced that it has launched a business-to-business Web trading exchange supported by a complete IBM solution that includes powerful RS/6000 servers, Domino R5 application development software and IBM Global Services expertise. The Xspeedium.com marketplace will bring together buyers and sellers within a common vertical industry and facilitate the real-time transfer of information, money and goods.

Xspeedium.com makes supply chain management (SCM) and customer relationship management (CRM) applications available to small and medium-sized businesses over the Internet in a hosted application model. The new Web site: www.xspeedium.com, was launched today and acts as a marketplace for companies to buy and sell a wide range of business-to-business products online. In addition, customers can use the online portal to lease supply chain, customer relationship management and e-commerce applications that are specifically tailored to small- and medium-sized businesses.

"We make our living on the Web, so our server platform has got to be absolutely rock-solid," said John Schwartz, CEO of Xspeedium. "RS/6000 servers offer the kind of scalability, reliability and security that we had to have in order to succeed. For messaging and Web-based application development, Lotus Domino is without peer. And IBM Global Services has been invaluable in helping us assemble all the pieces into a powerful solution. Sun Microsystems just couldn't match that combination."

The heart of Xspeedium.com is its trading exchange -- an online bazaar that features business-to-business catalogs from companies of all sizes. Customers can buy and sell goods on the site at significantly better margins than non-Web marketplaces. In addition, links to other online exchanges from the Xspeedium.com site ensure that customers have the widest selection of products to choose from.

For a low, monthly fee, Xspeedium.com also offers integral applications such as Shipment Notifier, Supply Notifier, A/R Collector, Customer Self-Service, E-Procurement, Web Storefront, Order Acknowledgement and Vendor-Managed Inventoryspecifically tailored for small-and medium-sized businesses. Each of these applications can be configured to access data from all of the popular legacy applications, including SAP, JD Edwards, Baan, and Great Plains. In the typical customer scenario, within one hour, any one of the Xspeedium applications can be in use, delivering value by writing simple database queries that can generate required reports.

C.R. Daniels, a manufacturer of industrial and consumer products, uses Xspeedium.com software to alert customers by e-mail when orders have been processed and shipped, as well as to provide other product tracking information. "Using Xspeedium.com, we have been able to improve customer satisfaction and increase productivity," said Gary Abel, president and CEO of C.R Daniels. "As a result, the amount of inbound customer service calls has been greatly reduced."

"IBM is helping Xspeedium.com to take the information technology burden off of small and medium size businesses," said Tim Dougherty, e-business segment manager, IBM Web Server Unit. "The trend towards application serving allows companies to take full advantage of e-business while still focusing on their core business practices."