cc-chemplorer and SESAMi Form Strategic Partnership To Establish Interoperability

14-Jun-2002

cc-chemplorer, the largest international online marketplace for indirect goods in the chemical and Life Sciences industries, and SESAMi Inc, the B2B commerce service provider operating Asia?s leading e-hub, SESAMi.NET, announced today that they have signed an agreement to enable e-commerce to be transacted seamlessly between the two marketplaces.

Through this cooperation, a single platform built on common standards will be established between the two marketplaces and the clients of cc-chemplorer and SESAMi will enjoy rapid and integrated access to each other's community of trading partners. With the ability to transact business readily round the globe, the clients of the two marketplaces from Europe and Asia effectively become part of a much larger trading network with the added advantage of geographical span. As members, they can look forward to higher efficiencies and procurement savings, in addition to benefiting from a suite of marketplace solutions which include trading partner adoption and relationship management services; content management services; trade document management and services; technical and helpdesk support; and connectivity to other e-marketplaces.

Commenting on the synergies of the partnership, Ms. Poh Mui Hoon, President of SESAMi Inc, said, "We see a very strategic fit in this collaboration as both our companies have a strong focus on the chemical industry. While cc-chemplorer is a specialist in the chemical and life sciences industries, SESAMi has been a major e-marketplace player in the Asian chemicals industry with an active trading community."

For cc-chemplorer, the e-marketplace for 21 of the 40 leading companies in the European process industry to date, this partnership marks an important milestone in its aim to extend the geographical reach of its marketplace. As for SESAMi, establishing this online gateway is a significant demonstration of its stature as Asia's e-commerce powerhouse and its particular strength in building vertical communities. With buyers and suppliers from Europe and Asia together on a common architecture, clients of cc-chemplorer and SESAMi enjoy potential procurement savings on a single, secure and reliable electronic platform. Said Mr. Christian Rast, Executive President of cc-chemplorer, "By providing easy and ready access to growing marketplaces in Asia and beyond, our clients in Europe will be able to realize enormous value and business opportunities."

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