GE Global eXchange Services Acquires TPN Register, Leading B2B Content-Management Service

Acquisition of TPN Allows GXS to Provide a Complete Web-Based E-Procurement

Solution to Buyers and Sellers Across Multiple Industries



Apr 04, 2001, 01:00 ET from GE Global eXchange Services

    GAITHERSBURG, Md., April 4 /PRNewswire/ -- GE Global eXchange Services
 (GE), a leader in business-to-business Internet commerce, today announced that
 it has acquired TPN Register, LLC (TPN), a leading interactive content-
 management service based in Rockville, Md.  TPN's interactive catalog-
 management (ICM) services enable buyers and suppliers to customize catalog
 content for individual user's specific needs.  The acquisition of TPN allows
 GE Global eXchange Services (GXS) to provide a complete Web-based e-
 procurement solution -- including catalog content, purchasing workflow, B2B
 integration and transaction capabilities -- across multiple industries.
     TPN's customers include a number of Fortune 500 companies, global
 corporations, online exchanges and their accompanying suppliers. TPN was
 founded in 1997 as a joint venture between GXS and Thomas Publishing Company,
 which has agreed to sell to GXS its interest in TPN.
     TPN's primary solution, TPN Marketplace, provides purchasing professionals
 access to a searchable catalog of goods and services, in a standardized
 format, from an approved supplier base.  The catalog content includes private
 pricing and contract terms for more than 2 million line items from a list of
 more than 1,300 suppliers.  Key customer benefits of TPN Marketplace include:
 
     *  Flexible supplier enablement and data hosting
     *  Expert data transformation for cleansed, standardized and categorized
        supplier catalog content
     *  Interactive contract management between buyers and suppliers, allowing
        users' catalog views to reflect negotiated pricing and other contract
        terms
     *  Seamless integration with leading e-procurement systems and
        marketplaces
 
     "TPN's content-management services address an important part of the online
 procurement process -- making sure that sophisticated e-procurement systems
 are populated with useful, searchable content," said Harvey Seegers, president
 and CEO of GE Global eXchange Services. "Combined with GXS's portfolio of
 integration, interchange and marketplace solutions, TPN's services will give
 companies powerful new ways to manage their entire indirect purchasing process
 online."
     "Our move to GXS offers TPN's customers and partners access to a broader
 range of products and services than ever before," said Ray Schiavone,
 president of TPN. "GXS has a tremendous depth of experience in providing their
 global customers with supply-chain e-business capabilities that superbly
 complement TPN's interactive catalog management solutions."
     "It is a logical move for GXS to acquire TPN at this time," according to
 Cathy Spencer, research director at Gartner. "TPN Register provides aggregated
 content and catalog development and maintenance services to buyers, suppliers
 and e-marketplaces."
 
     About TPN Register
     TPN Register provides the industry's only interactive catalog-management
 service which uses the latest in content technology to speed the success of
 corporate e-procurement programs, e-marketplaces and online industry
 exchanges. Buyers and suppliers can interact online within TPN Marketplace to
 produce exactly the catalog views they want quickly and easily. TPN Register's
 full suite of services includes flexible supplier enablement, superior data
 transformation, interactive catalog management, strategic sourcing,
 personalized searching and widespread content distribution. TPN Register
 customers include a number of Fortune 500 companies, global corporations,
 online exchanges and their accompanying suppliers. TPN Register can be
 contacted at 240-632-7600 or http://www.tpn.com .
 
     About GE Global eXchange Services
     GE Global eXchange Services (GXS) operates one of the largest B2B e-
 commerce networks in the world, with more than 100,000 trading partners.  The
 network's 1 billion annual transactions account for $1 trillion in goods and
 services.  With a presence in 58 countries, GXS applies Six Sigma quality
 processes to provide e-commerce solutions that help businesses around the
 globe remove costs from their supply chains.  GE Global eXchange Services is a
 part of the General Electric Company, U.S.A., and is headquartered in
 Gaithersburg, Md. Visit the Web site at http://www.gegxs.com , or call us at
 800-560-4347.
 
 

SOURCE GE Global eXchange Services
    GAITHERSBURG, Md., April 4 /PRNewswire/ -- GE Global eXchange Services
 (GE), a leader in business-to-business Internet commerce, today announced that
 it has acquired TPN Register, LLC (TPN), a leading interactive content-
 management service based in Rockville, Md.  TPN's interactive catalog-
 management (ICM) services enable buyers and suppliers to customize catalog
 content for individual user's specific needs.  The acquisition of TPN allows
 GE Global eXchange Services (GXS) to provide a complete Web-based e-
 procurement solution -- including catalog content, purchasing workflow, B2B
 integration and transaction capabilities -- across multiple industries.
     TPN's customers include a number of Fortune 500 companies, global
 corporations, online exchanges and their accompanying suppliers. TPN was
 founded in 1997 as a joint venture between GXS and Thomas Publishing Company,
 which has agreed to sell to GXS its interest in TPN.
     TPN's primary solution, TPN Marketplace, provides purchasing professionals
 access to a searchable catalog of goods and services, in a standardized
 format, from an approved supplier base.  The catalog content includes private
 pricing and contract terms for more than 2 million line items from a list of
 more than 1,300 suppliers.  Key customer benefits of TPN Marketplace include:
 
     *  Flexible supplier enablement and data hosting
     *  Expert data transformation for cleansed, standardized and categorized
        supplier catalog content
     *  Interactive contract management between buyers and suppliers, allowing
        users' catalog views to reflect negotiated pricing and other contract
        terms
     *  Seamless integration with leading e-procurement systems and
        marketplaces
 
     "TPN's content-management services address an important part of the online
 procurement process -- making sure that sophisticated e-procurement systems
 are populated with useful, searchable content," said Harvey Seegers, president
 and CEO of GE Global eXchange Services. "Combined with GXS's portfolio of
 integration, interchange and marketplace solutions, TPN's services will give
 companies powerful new ways to manage their entire indirect purchasing process
 online."
     "Our move to GXS offers TPN's customers and partners access to a broader
 range of products and services than ever before," said Ray Schiavone,
 president of TPN. "GXS has a tremendous depth of experience in providing their
 global customers with supply-chain e-business capabilities that superbly
 complement TPN's interactive catalog management solutions."
     "It is a logical move for GXS to acquire TPN at this time," according to
 Cathy Spencer, research director at Gartner. "TPN Register provides aggregated
 content and catalog development and maintenance services to buyers, suppliers
 and e-marketplaces."
 
     About TPN Register
     TPN Register provides the industry's only interactive catalog-management
 service which uses the latest in content technology to speed the success of
 corporate e-procurement programs, e-marketplaces and online industry
 exchanges. Buyers and suppliers can interact online within TPN Marketplace to
 produce exactly the catalog views they want quickly and easily. TPN Register's
 full suite of services includes flexible supplier enablement, superior data
 transformation, interactive catalog management, strategic sourcing,
 personalized searching and widespread content distribution. TPN Register
 customers include a number of Fortune 500 companies, global corporations,
 online exchanges and their accompanying suppliers. TPN Register can be
 contacted at 240-632-7600 or http://www.tpn.com .
 
     About GE Global eXchange Services
     GE Global eXchange Services (GXS) operates one of the largest B2B e-
 commerce networks in the world, with more than 100,000 trading partners.  The
 network's 1 billion annual transactions account for $1 trillion in goods and
 services.  With a presence in 58 countries, GXS applies Six Sigma quality
 processes to provide e-commerce solutions that help businesses around the
 globe remove costs from their supply chains.  GE Global eXchange Services is a
 part of the General Electric Company, U.S.A., and is headquartered in
 Gaithersburg, Md. Visit the Web site at http://www.gegxs.com , or call us at
 800-560-4347.
 
 SOURCE  GE Global eXchange Services

RELATED LINKS

http://www.ge.com