Negotiation Proclamation

Moai to offer negotiation solutions to DigitalMarkets

OXFORD, England  PRNewswire  February 2, 2001  Moai Technologies recently announced that it has entered into a strategic reseller partnership with DigitalMarkets, a company that designs, builds and operates corporate and public marketplaces.

Under the terms of the agreement, DigitalMarkets will deploy Moai's LiveExchange online negotiation solution to power Internet marketplaces and private corporate procurement marketplaces throughout Europe. DigitalMarkets will be licensed to resell Moai's LiveExchange, included as an implementation to complement DigitalMarkets' suite of Dynamic Pricing Platforms.

We're delighted to be working with DigitalMarkets to provide sophisticated strategic sourcing solutions, said David Oates, vice president of sales from EMEA at Moai. As the e-commerce market continues to evolve, and public marketplaces give way to private exchanges for sourcing critical goods, progressive resellers like DigitalMarkets will reap the benefits of moving towards a full consultancy service.

By working with technology leaders such as Moai and operating marketplaces of behalf of clients, we have been able to minimize the huge up-front costs, lengthy deployment times and the drain on internal IT resources, traditionally associated with building a B2B marketplace, said Dr. Karim Solh, CEO of DigitalMarkets. The result is that we are opening up the B2B e-commerce revolution to any company that wants to participate.