Busy Day for Requisite Technology

Catalog management provider announces several extended customer agreements

Westminster, CO  August 23, 2002  Requisite Technology Inc. is offering new and extended customer agreements to provide its catalog content creation and management software and services to global enterprises, service providers and exchanges.

The company said that production technology and energy management company Invensys and imaging leader Eastman Kodak selected Requisite solutions to manage online, multi-supplier catalogs. ICG Commerce expanded its relationship with Requisite by purchasing Content Workstation to create large volumes of commerce-quality content.

Requisite also signed extensions with long-term customers including spend management service provider Ketera Technologies (formerly known as MarketMile); Quadrem, the mining, minerals and metals marketplace; and delivery services provider Canada Post. All have signed-on for additional products and services to expand their current e-business solutions.

"Requisite's catalog management solutions help Ketera create and manage supplier catalogs on behalf of our customers. By providing this service as part of our managed Web-services model, we are enabling companies to overcome the biggest obstacle in e-procurement: the hidden costs and time associated with supplier enablement," said Ruby Sahiwal, chief operations officer at Ketera Technologies.

Bob King, chairman and CEO of Requisite Technology, said, "We've helped our customers develop their e-business solutions from the beginning stages of creating an online catalog to more specialized needs such as supplier enablement. The issues of organized enterprise data stretch across the entire ecosystem and we'll continue to support our customers' needs as they evolve."

Customers have adopted the Requisite eMerge Content Management System, BugsEye patented catalog and finding engine, and the Requisite Supplier Hub, which provides a hosted environment for suppliers to create, manage and distribute online catalog content for export to customer systems. Requisite products support industry categorization and interoperability standards, which allow participants in e-business systems to collaborate regardless of their platform.