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Financial releases Partnership GlobalNet deepen attest 23rd, 2000 European sell giants Metro, J Sainsbury PLC join GlobalNetExchange as newest equity partners ORACLE Turns On GNX in 14 Days; SEARS, intersection Conduct First Online Auctions Exchange members control $140 Billion in Annual Purchases March 23, 2000 - GlobalNetXchange (GNX), the independent online retail exchange launched on Feb. 28, today denote that German retailer METRO AG (MEO3.F) and British retail conglomerate J SAINSBURY PLC (FTSE : SBRY) will join the international e-business estimate as its newest equity partners. The European retail giants join invention partners SEARS, Roebuck and Co. (NYSE: S), based in suburban Chicago, Paris-based CARREFOUR (CAC: CA) and ORACLE corp (NASDAQ: ORCL), headquartered in Redwood Shores, Calif., in the developing web-based business-to-business marketplace. The four retailers write up for a total of approximately $140 billion in annual purchases from more than 50 000 suppliers, partners and distributors worldwide. METRO and J SAINSBURY PLC equal the leading edge of prominent retailers around the world whose bring home the bacon chain processes stand to be transformed by GNX, verbalise CARREFOURs Chairman and Chief Executive military officer Daniel Bernard.

We argon delighted to welcome them as our new partners in the creation of a truly open and groundbreaking Internet marketplace. plot of ground GlobalNetXchange will initi on the wholey focus on web-enabling its equity partners lend chain purchases, the company intends to offer the same services to all retailers globally. Using standard web browsers, retailers and their suppliers will be fitting to capture savings through more efficient and strategical procurements of all types of goods and services. Our new partners share our excitement that both SEARS and CARREFOUR already have been able to conduct succesful internet based auctions verbalize Sears Executive Vice President and Chief Operating Officer Julian C. Day.... If you want to get a full essay, commit it on our website: Ordercustompaper.com

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