Transora and GNX hook up - Brief Article

Eurofood, Feb 1, 2001

Internet exchange platforms GlobalNetExchange and Transora have announced that they are to create large-scale `mega-hub' allowing companies to collaborate with multiple trading partners via a single exchange connection.

Joe Laughlin, CEO of GlobalNetXchange said, "Early on we recognised the need for a universal solution to help companies of all sizes deal with multiple exchanges and to make inter-exchange communication easy and inexpensive. We are particularly pleased to have Transora as our partner in this venture. We believe we are establishing a new paradigm for b2b exchanges working together to improve communication and integration for their users." Judy Spreiser, CEO at Transora, also commented on the agreement between the two exchanges, saying, "The mega-hub allows members of one exchange to avail themselves of the services of another exchange without the expense of building a connection to the other exchange."