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NEWS von CMRC.....

 
27.02.01 15:12
02/27 05:00 Gofish Selects Commerce One to Extend E-Marketplace Trading
CMRC.O>


Gofish Selects Commerce One to Extend E-Marketplace Trading Opportunities for the Seafood Industry
PORTLAND, Maine & PLEASANTON, Calif.--(BUSINESS WIRE)--Feb. 27, 2001--Gofish, a leading platform for the seafood industry, has chosen Commerce One, Inc. (Nasdaq:CMRC), the e-marketplace company, to expand Gofish's e-commerce offering to include the buying and selling of non-seafood goods and services. In addition to trading seafood online at the Gofish Seafood Exchange, buyers and sellers in the seafood industry will now be able to purchase a variety of non-seafood items like cleaning supplies, office items and telephone services as well as seafood-related supplies such as nets, breading and batters.

"We spent last year fully developing the Seafood Exchange, in which more than 1,000 users accessed our decision-critical, proprietary information and traded more than $100 million (annualized) in inventory. We look forward to taking these offerings a step forward in the coming year," said Neal Workman, Gofish founder and CEO. "Adding MRO (maintenance, repair and operations) capabilities and NSP (non-seafood procurement) offerings helps us fulfill our mission to be the complete e-commerce solution for the seafood industry." Commerce One's e-marketplace technology will enable Gofish to quickly and effectively implement its enhanced e-marketplace offering, providing seafood industry buyers and sellers with a fast and convenient way to find and purchase items. With the expanded offering, harvesters, processors, distributors, and importers in the seafood industry will be able to leverage the Gofish trading platform to gain access to new markets and trading partners.

"We look forward to working with Gofish to help them deliver a rich e-marketplace for their suppliers, customers and partners," said Rob Tarkoff, senior vice president of worldwide business development for Commerce One. "We congratulate Gofish on extending their offering to enable the seafood industry move more of its business onto the World Wide Web."

Gofish members who choose to buy seafood and non-seafood items online will all be able to utilize proprietary credit information from its Seafax business unit. In addition, members will continue to access the latest industry information provided by the Gofish news team and other industry sources. Gofish expects its MRO offerings to be available to its members this May and the NSP platform available to members by July of this year.

About Gofish.com

Gofish.com is the leading online platform for seafood industry commerce. In addition to the Seafood Exchange, the site features up-to-the-minute stories from the Gofish news team, Seafax Business Wire and other top industry sources. The portal also contains secure access to proprietary credit information on trading partners provided by the industry's most widely respected credit information bureau, Seafax. Gofish is a privately held corporation based in Portland, Maine, with offices in Seattle, New York, Norway and Thailand. For more information on Gofish, please visit www.gofish.com or call 800/777-3533.

About Commerce One

Commerce One(R) (Nasdaq:CMRC) is the e-marketplace company. Through its software, services and Global Trading Web(TM) of interconnected business communities, Commerce One enables worldwide commerce on the Internet. With headquarters in Pleasanton and offices around the world, Commerce One can be reached by phone at 800/308-3838 or 925/520-6000 or via the Internet at www.commerceone.com.

Forward Looking Statements

The foregoing paragraphs include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements concerning Gofish's selection of Commerce One's solutions to assist Gofish in implementing its enhanced e-marketplace offerings, the ease, capabilities and anticipated benefits of such technology, including increased access to new markets and trading partners, expanded offerings and streamlined purchasing processes. The words "believe," "expect," "intend," "plan," "project," "will" and similar phrases as they relate to Commerce One are intended to identify such forward-looking statements. Such statements reflect the current views and assumptions of Commerce One, and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. These factors include, but are not limited to, the risk that the e-marketplace solutions offered may not meet user expectations, the extent of customer adoption and utilization of the solutions provided, actual efficiencies and economies of scale may not be as pronounced as those anticipated by the parties, the cooperation of the parties, general economic conditions, and intense and increasing competition in the market. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended Dec. 31, 1999 and its quarterly report on Form 10-Q for the quarter ended Sept. 30, 2000.

Note to Editors: Commerce One, Many Markets. One Source. Global Trading Web, Commerce One.net, BuySite, MarketSite Operating Environment, Global Trading Platform, Common Business Library, XML Development Kit, XML Commerce Connector, MarketSite Builder, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. Enterprise Buyer and MarketSet are trademarks of Commerce One, Inc., SAP AG, and SAPMarkets. All other company, product, and brand names are trademarks of their respective owners.

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CONTACT: The Horn Group for Commerce One

Caroline Hacker, 415/905-4016

chacker@horngroup.com

or

KVO Public Relations for Gofish

Melissa Moore, 503/721-4247



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