Business Services Industry
Commerce One Helps Solo Cup Deliver Product Information to Retail Customers in Consumer Packaged Goods Industry
Business Wire, June 25, 2002
Business Editors/High-Tech Writers
Solo Cup Selects Commerce One for UCCnet Global Implementation
Commerce One, (Nasdaq:CMRC), the Business Internet Company, and Solo Cup, a leader in consumer and industrial disposable food service products, today announced that Solo Cup will use Commerce One services and tools to publish its critical product information on the UCCnet GLOBALregistry(TM). Adding product details to the global registry is expected to help Solo Cup reduce costs, speed product introduction and improve communication and collaboration with retail customers in the consumer packaged goods (CPG) industry.
The UCCnet GLOBALregistry is a repository of product information such as SKU numbers, size, availability and pricing for the CPG industry. Commerce One helps companies like Solo Cup accurately and efficiently add their product information to the registry so that retailers can easily find products for their stores.
"We are excited to help Solo Cup leverage the UCCnet GLOBALrepository to streamline communication with its retail customers," said Andy Hayden, senior vice president of Global Services at Commerce One. "Commerce One is delivering vital tools and services to help CPG companies comply with industry standards for product details and to collaborate efficiently with partners and customers."
About Commerce One
Commerce One (Nasdaq:CMRC) is the Business Internet Company. Through its software, services, and global network of interconnected enterprises and e-marketplaces, Commerce One helps organizations reduce costs and drive productivity by automating business processes between buyers and suppliers. Visit www.commerceone.com for more information.
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the securities laws. These forward-looking statements discuss the anticipated benefits of connecting consumer-packaged goods suppliers to the Global Trading Web via Commerce One services. Among the potential benefits attributed to this integration are reduced supplier costs, accelerated product introduction, improved communication and collaboration between suppliers and their retail customers, as well as increased agility in complying with industry standards and modifying existing product offerings. The words "believe," "expect," "intend," "plan," "project," "will" and similar phrases as they relate to Commerce One are intended to identify such forward-looking statements. These statements reflect the current views and assumptions of Commerce One, and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. These factors include, but are not limited to, the possibility that integration into the Global Trading Web may not meet user expectations, problems or issues arising from the services provided, and various external factors, including economic conditions, that may impact the results obtained by particular suppliers, customers or other users. The information provided in this press release is current as of the date of its publication. Commerce One expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any changes in expectations, or any change in events or circumstances on which those statements are based, unless otherwise required by law. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended March 31, 2002.
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