Lee's Summit, MO April 17, 2001 eScout, a Web-based e-commerce and e-business network for mainstream companies, and Com2B, an e-marketplace service provider in the greater China region, announced a partnership that will allow U.S. and Taiwanese companies to conduct international trade electronically through their respective marketplaces.
"As we grow, so do the requests for enabling international trade," said Jude Dieterman, president of eScout. "Many of the 100 marketplaces we power include businesses that trade overseas. By leveraging the Global Trading Web(TM), founded by Commerce One, eScout and Com2B can rapidly connect marketplaces, giving U.S.-based members seamless access to global suppliers and buyers while creating additional trading and procurement efficiencies," added Dieterman.
Dr. Mike Lee, president and COO of Com2B, said: "Com2B is Commerce One's leading MSP (marketplace service provider) in Taiwan, capable of establishing a large-scale B2B marketplace and utilizing related technology for direct and indirect material procurement. Com2B's partnership with eScout will bridge the two geographies to offer a complete end-to-end solution for procurement."
eScout and Com2B have already completed integration. By utilizing xCBL (XML Common Business Library), an open XML standard for electronic business-to-business trading and the Commerce One MarketSite(TM) Operating Environment, eScout's U.S. marketplaces were connected with Com2B's Taiwan marketplaces in less than one week.
"With this integration, we overcame processes that normally take three to six months and are rarely done because of the high level of difficulty and lack of standards. This efficient integration process sets an industry-leading precedent that will substantially vault international e-commerce forward," said Kelly Babbit, senior vice president, advanced development. "This partnership also allows us to connect buyers and sellers through a marketplace, as opposed to making one-to-one connections that are highly expensive and time-consuming, especially in the international arena."