Toronto August 20, 2002 ADB Systems International Inc., a provider of asset lifecycle management solutions, today announced the availability of an electronic procurement solution that ADB said enables regional governments and smaller communities to integrate their purchasing activities.
ADB will first deploy its solution for a number of Norwegian regional communities, including the city of Narvik.
"This solution is a significant breakthrough for regional governments and smaller communities," said Else Marie Marskar, assisting director, municipality of Narvik. "With the help of ADB, we can now integrate our procurement activities together and take advantage of improved efficiencies and reduced procurement costs."
ADB will begin implementing its solution in September through a phased approach that will initially connect two regional government departments and four suppliers. The completion of the implementation is expected in November.
"This customer agreement represents ADB's continued ability to serve new market sectors," said Jeff Lymburner, CEO of ADB Systems International Inc. "Our unique solution allows smaller government organizations to take advantage of the benefits of online activities by pooling their resources and capabilities. We believe that our approach will pave the way toward an increased use of electronic procurement by regional governments from around the world."