CarrierPoint Announces Strategic Business Arrangement
with iXL
ATLANTA, GA, October 25, 1999 /PR Newswire/
CarrierPoint, the leading digital marketplace for the
Trucking and Shipping industry, and U.S.-based iXL Enterprises
(Nasdaq: IIXL), today announced a strategic marketing
agreement for the rapidly growing e-business marketplace.
Under the terms of the arrangement, iXL will provide
core business infrastructure and consulting resources
to CarrierPoint. iXL will also market the CarrierPoint
trucking and shipping solution to its core clients.
"CarrierPoint may be the best-positioned e-commerce
solution to crack the code in the $100 Billion Trucking
industry" said Bert Ellis, Chairman and CEO, iXL
Enterprises. "Their solution gives Carrier Point
first-mover advantage."
"The business momentum created by aligning ourselves
with iXL provides us with a 6-9 month cycle time jump,"
said CarrierPoint CEO John Thomson. "Almost overnight
we have qualified access to numerous Fortune 500 clients
that are looking for e-Commerce solutions to improve
their supply chains. The CarrierPoint solution can save
large shippers up to 10-15% of their annual costs associated
with shipping goods. This can translate into a savings
of millions of dollars for a typical Fortune 500 company."
CarrierPoint's solution will initially be positioned
to many of iXL's large e-Commerce customers in the processing,
chemicals, and retailing businesses who will realize
significant cost benefits from utilizing CarrierPoint's
Internet based service.
About iXL Enterprises
Atlanta-based iXL Enterprises, Inc. is the parent company
of iXL, Inc. and the Consumer Financial Network(TM)
Inc. (CFN). iXL, Inc. is a leading strategic Internet
services company which provides Internet strategy consulting
and comprehensive Internet-based solutions to Fortune
1000 companies and other corporate users of information
technology. iXL helps businesses identify how the Internet
can be used to their competitive advantage and uses
its expertise in creative design and systems engineering
to design, develop and deploy advanced Internet applications
and solutions. iXL is headquartered in Atlanta, GA,
and has 20 offices in five countries. Additional information
about iXL, Inc. can be found on its web site at www.ixl.com.
The Consumer Financial Network, headquartered in Duluth,
GA, is a sophisticated e-commerce platform for financial
services and related benefits over the Internet and
an around-the-clock teleweb customer service center.
CFN is provided at no cost to large companies and associations
for distribution as a human resource benefit to their
employees or members. For more information on CFN, please
visit www.cfn.com.
CFN has created and recently launched YouDecide.com
( www.youdecide.com
), a unique e-commerce platform for financial services
and related benefits, offered over the Internet and
through an around-the-clock teleweb customer service
center for individual consumers. YouDecide.com also
operates a corporate channel, providing financial solutions
for employees of large corporations and professional
association members via company Intranets and association
web sites.
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