A Healthy Start

CocoCommerce announces six customer wins in first month

Newport Beach, CA  December 13, 2001  CocoCommerce, Inc. today announced that six new customers have signed on to deploy the company's transaction management platform, eNetSettle. The new customers, including both e-marketplaces and e-commerce software firms, connect more than 50,000 business-trading partners across the globe. 

According to CocoCommerce, eNetSettle enables trading partners to access a range of finance, risk management, logistics and settlement services required to complete B2B transactions.

"I am pleased with the rapid market acceptance of eNetSettle," said Ariu Levi, president and CEO of CocoCommerce. "It's strong validation for our unique solution that brings together on a single, integrated platform all of the business services online trading partners need to turn transaction agreements into completed deals." 

Since the company's launch of eNetSettle in early November, the following six companies have signed on to deliver CocoCommerce's open-standard transaction management platform to their customers: 

·        Beyond Solutions, an e-marketplace software and services provider;

·        Brewery Auction, an online marketplace for the craft brewing industry;

·        Buyxout.com, a wholesale closeout and surplus merchandise e-marketplace;

·        ItradeU4it.com, a buy, sell and barter e-marketplace;

·        MajorBids.com, a request-for-quote goods and services e-marketplace; and

·        TheGolfClassifieds.com, a golf-related e-marketplace. 

As e-marketplace software and service providers, we continually analyze how to deliver more value to marketplace owners and their trading partner clients," said Doug Weick, CEO of Beyond Solutions. "The ability to complete transactions online represents enormous value to our clients in direct cost savings and shorter cycles." 

CocoCommerce previously announced agreements to deliver transaction management solutions to SoluMed.com, a new and used medical equipment e-marketplace, and eSpotMarket, an e-procurements solutions provider that powers more than 250 sites.