Commerce One, InterWorld Partner on B2B Portal

SAN FRANCISCO (03/06/2000) - [NOTE TO EDITORS: This story includes information that was disclosed to the IDG News Service under the condition that it not be made available to the general public until 8:30 a.m. EST, Wednesday, March 8.

We are making this story available internally to the IDG editorial community for your convenience in planning the forthcoming issue of your print publication. If any other public news source -- print or online -- breaks the embargo, the embargo will be considered irrelevant.]E-commerce systems providers Commerce One Inc. and InterWorld Corp. have formed a partnership to enable businesses to set up buying and selling marketplaces over the Internet, the companies announced today (Wednesday) in a joint statement.

Commerce One, a provider of Internet-based software systems for corporate purchasing portals, and InterWorld, a vendor of software and services for online business sales, said they plan to develop applications for businesses to use over Commerce One's MarketSite Global Trading Portal, an online exchange.

Commerce One creates online exchanges to enable companies, including Shell International Ltd. and Siemens AG, to develop online marketplaces to purchase supplies. InterWorld offers online applications that allow businesses to sell to customers, Steve Rabin, InterWorld's chief technology officer, said in a telephone interview Monday.

"Integrating the buying-side product of Commerce One with the sell-side product of InterWorld can support the entire B2B (business-to-business) life cycle," Rabin said.

The companies plan to have products available for sale within four months, according to Rabin. Pricing has not been set, he added.

Commerce One, in Walnut Creek, California, can be reached at +1-800-308-3838, or at http://www.commerceone.com/. In New York, InterWorld can be reached at +1-212-301-2500, or at http://www.interworld.com/.

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