Becomes Coreharbor's First Customer

Auction site through ASP

ATLANTA, GA and MOUNTAIN VIEW, Calif  October 16, 2000  CoreHarbor, the first e-commerce ASP to host Ariba Dynamic Trade, announced their first customer for this solution. has selected CoreHarbors TradeEdgeSM solution to conduct online auctions., a global equipment and products exchange site serving local, state and federal government agencies, will use TradeEdge to provide online auctions for liquidating surplus government inventory ranging from fire engines, aircraft, street sweepers, backhoes, snowplows, to school desks, generators, and copier paper. CoreHarbor will host and manage the auction application and platform, allowing to focus on attracting buyers and sellers to the site and driving transactions through the exchange.

CoreHarbors hosted TradeEdge solution allows to provide our buyers and sellers with the powerful auction functionality of Ariba Dynamic Trade, all in a secure, hosted environment, which CoreHarbor will manage for us, said Sreenu Raju, president and chief executive officer of The decision to use CoreHarbor was the right one, as their team of e-commerce experts combined with their unparalleled hosting infrastructure enabled a rapid deployment of Aribas highly configurable platform, without us losing focus on our core competency.

Ariba and CoreHarbor bring small-to-medium-sized companies, such as, all the benefits of B2B e-commerce in a fast, secure and scalable hosted model, said Dan Fishback, vice president global channels for Ariba. CoreHarbors sole focus on Ariba solutions, the increasing breadth of their offerings and their industry knowledge and expertise provides tremendous value to their customers, who are seeking a smooth and fast implementation and rapid return on investment. has a solid business model and a number of key local, state and federal government partnerships that will help drive liquidity within their site, said Jay Chaudhry, chief executive officer with CoreHarbor. has all the components for success, including the rich functionality and flexibility of Aribas powerful auction platform. CoreHarbor is pleased to offer the expertise and IT resources they need to simultaneously garner rapid time-to-market and build partnerships to drive liquidity to their auction site.