Thursday, August 28, 2003

NEW PRODUCT RELEASE - UNIBEX ADVANCES COLLABORATIVE COMMERCE FOR SMALL AND MEDIUM-SIZED BUSINESSES

NEW PRODUCT RELEASE - UNIBEX ADVANCES COLLABORATIVE COMMERCE FOR SMALL AND MEDIUM-SIZED BUSINESSES

(PRWEB) March 6, 2001

WASHINGTON, D. C. – February 28, 2001 – Unibex, Inc., a provider of electronic marketplace infrastructure for online business communities, today announced the availability of the Unibex Private Commerce Network (PCN). This new comprehensive, cost-effective and secure e-commerce platform lets manufacturers and suppliers set “one-to-one” pricing, allowing secure online negotiation and management of contracts. The product is designed primarily for mid-market manufacturers and suppliers. However, the PCN is compatible with the Unibex private exchange products and can be used by larger firms as a “point-of-entry” for launching a total buy - or sell-side solution.

The PCN gives manufacturers and suppliers a password-protected, secure online environment that lets them create custom views of their products, services and pricing unique to each buyer. The PCN also includes the comprehensive e-commerce builder tools to create websites and virtual trade booths and to help sellers quickly and efficiently update their online catalogs.

Companies deploying a Private Commerce Network can:

O Create customized views of their product catalog offerings that are unique to each purchaser and compliant with negotiated contracts

O Negotiate contracts online

O Send and receive orders online

O Encourage customer loyalty, repeat business and increased sales by automating the product reordering process

O Improve efficiency and reduce costs of order fulfillment by eliminating manual work and errors through automation of processing and compliance

O Quickly update or change product catalog information

O Reduce costs associated with maintaining paper catalogs

O Access other Unibex and third-party marketplaces

The PCN includes collaboration tools for pricing, negotiation, and relationship and order management:

O The Pricing Organizer lets the PCN owner to set catalog pricing on an individual customer basis, for a group of customers or based on volume discounts. This capability gives a sales team the complete flexibility to negotiate and establish one-to-one pricing relationships with each customer, distributor or reseller.

O The Negotiation Manager lets new or existing customers negotiate directly from the online catalog. They can negotiate pricing, product specifications, payment terms and methods of delivery. Contract documents can be attached and coordinated online, and both parties can view a complete history of the negotiation process.

O The Relationship Manager allows the PCN owner to communicate specific offers or messages. The PCN Order Manager lets the PCN owner approve, modify and manage the entire ordering process online.

O The Order manager can also generate and transmit customer invoices.

The Private Commerce Network can be implemented in a matter of weeks, depending on the complexity of the company catalog. Companies can purchase the PCN as an ASP service based on the size of the online product catalog. The other elements of the PCN price include the costs to create the online catalog and to set-up and implement the commerce / supplier network.

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About Unibex, Inc.

Unibex provides software infrastructure and services to build open, scalable private e-commerce marketplaces. These marketplaces are all created with the Unibex Collaborative Commerce Platform™. This Platform has two major components: software tools to build e-marketplaces and to access e-services, as well as a collaborative work environment to manage existing and new business relationships over the Internet. The Unibex Platform currently powers 12 e-marketplaces in industries such as manufacturing, health and fitness, consumer package goods and telecommunications. For more information about Unibex, or to contact a Unibex sales representative, call 1-877-7UNIBEX (1-877-786-4239), extension 4, or visit the company’s web site at www. unibex. com.