August 6, 2002
EXCEL COMPLETES FIRST PHASE OF INTEGRATION AND GOES LIVE WITH ITRADENETWORK'S E-BUSINESS SOLUTION
Livermore, CA. August 6, 2002. iTradeNetwork announced today completion of phase one of integration with Excel Corporation's legacy system and goes live, allowing Excel to negotiate and receive purchase orders from their customers over the iTN platform. This integration used the Cargill webMethods integration platform and iTN integration server. Additional steps will be taken to refine the integration cycle.
Scott Entz, Vice President of Information Technology at Excel, said, "Phase One of Integration with ITN's e-business solution represents a significant step forward in using technology to move and improve our internal systems from manual processes to automated systems. This solution takes information flow to real-time and allows Excel to provide higher quality service for our customers."
"We are pleased that we have completed phase one of integration with Excel Corporation. Integration using webMethods demonstrates the flexibility of the ITN e-business application and iTN comprehensive integration technology solution to yet another third party interface. We believe the iTN solution allows our customers to maximize their technology investments and see proven ROI for the entire supply chain," said Robert Bonavito, CEO, iTradeNetwork.
About iTradeNetwork:
iTradeNetwork, is a privately held company that provides collaborative workflow solutions (Procurement, Logistics, Promotion, Financial Services and Content) for the food industry and low cost integration to customers legacy systems. iTradeNetwork's e-business solutions are being utilized by 38% of the U.S. Retail Grocery and Foodservice Industries with over 1,700 customers.
About Excel Corporation
Excel Corporation, a wholly owned subsidiary of Cargill Inc. is the recognized leader in the beef and pork packing industry. Headquartered in Wichita, Kansas, Excel is a global meat company with over 20,000 employees worldwide and has 21 production facilities in the United States, Canada and Australia. The company offers an extensive line of premium quality beef and pork products and programs to recognized retail and commercial food service markets around the world. Among its leading brands are Sterling Silver®, AngusPride®, Northridge Farms® and Tender Choice®. For more information about Excel Corporation visit: http://www.excel.com.
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