Quadrem Posts Record Sales and Marketplace Activity in ......
Quadrem
Quadrem Posts Record Sales and Marketplace Activity in First Half 2006
AMSTERDAM, Netherlands and PARIS, August 21 /PRNewswire/ --
Quadrem, The Global eMarketplace(TM), posted mid-2006 sales numbers 27higher than
those in the first half of 2005. Supporting this growth, the company achieved record
marketplace activity in Q2 with 522,080 purchase orders worth USD $3.33 billion flowing
through the marketplace platform, bringing the first half 2006 totals to 1,012,471
purchase orders worth USD
$6.23 billion.
"We are solidifying our growth strategy with customer-driven enhancements to our
solution set and an expanded sales force to help penetrate new markets," said Quadrem CEO
Charles Jackson. "Our new offerings in Sourcing, Services Procurement, Master Data
Management, Supply Chain Finance and Spend Analysis are helping us reach new customers
and build the marketplace community on both the buy and sell sides."
"Quadrem has just delivered its largest sales quarter," said CFO Gary Ito. "We remain
very focused on delivering against our aggressive growth goals globally, region by
region."
Quadrem's 2006 results build on a trend of rapid growth. The supplier network has
charted community growth of 96 to 233 year-over-year since its inception.
About Quadrem
Quadrem (www.quadrem.com ) provides business solutions that connect buyers and
suppliers to maximise supply chain efficiencies. Quadrem's global transaction platform,
vibrant international trading community and high-quality content services enable
customers to implement the most effective supply chain initiatives for buyers and
suppliers. Established in 2000, Quadrem has locations in Australia, Brazil, Canada,
Chile, France, Korea, Mexico, The Netherlands, Peru, Saudi Arabia, Singapore, South
Africa, the United Arab Emirates and the United States.
Web site: www.quadrem.com