GXS Buys Celarix

Global eXchange Services to add logistics integration, data sharing services to its network

Gaithersburg, MD — June 5, 2003 — Connectivity specialist Global eXchange Services Inc. (GXS) has acquired logistics integration provider Celarix as part of GXS' initiative to add value-added solutions to its Transaction Delivery Network.

Terms of the transaction were not disclosed.

Celarix, a privately held company headquartered in Cambridge, Mass., offered logistics provider integration and data quality management services to help organizations connect to logistics trading partners and retrieve, use and share shipment status information throughout the supply chain.

The Celarix solutions are immediately available for sale through GXS, which said the Celarix functionality would enable its customers to access and exploit clean, reliable logistics information that can help improve fill rates, boost customer satisfaction levels and reduce transportation costs.

"We are dedicated to providing new e-commerce services on our Transaction Delivery Network that address our customers' most critical business process automation needs," said Harvey Seegers, president and CEO of GXS. "With its ability to track the multi-modal movement of physical goods in real-time over the Internet, the Celarix service is a powerful solution to a vexing logistics problem in many of our customers' supply chains."

Celarix's existing customers — including Agilent Technologies, Lowe's Companies, Sharp Electronics and ShopKo Stores — will become part of the GXS customer base. The Celarix solutions allow GXS to expand its value-added services to its core vertical markets, particularly in the retail, hi-tech and automotive industries.

"The acquisition brings together two organizations that have a great deal in common," said John Fontanella, a supply chain analyst with technology consultancy AMR Research. "Both have built business models to connect trading partners electronically through integration services and a guarantee of high data quality, and both use common transaction management technology. There is very little duplication of services; in fact, each company's offering complements the other."