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OutPurchase.com Chooses TeleBright.com's Technology
August 24, 2000
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OutPurchase.com is integrating TeleBright.com's telecom comparison shopping technology into the procurement solution it supplies to small business clients. The agreement is TeleBright.com's first that will result in its technology being integrated into an actively managed marketplace platform.
OutPurchase.com actively manages the sourcing, selection and delivery of indirect materials. Specific financial terms of the agreement were not disclosed.
The Rockville, Md.-based TeleBright.com already makes its telecom comparison shopping and purchasing technology available to small business through its Web site at http://www.telebright.com. Shopping and saving through TeleBright.com is also possible through Web partners who have signed outsourcing agreements including BusinessFinance.com, ePanacea, ExpensAble, GoLinQ.com, Managemark, MyGovClub.com, OpenAir.com and TeleMerc.com.
TeleBright.com technology allows small business portals to capitalize on their existing traffic and to offer revenue-generating products that complete their service offerings. Portals and sites can tap into the rapidly emerging e-commerce telecommunications market while maintaining their own brand recognition.
"Our efforts to extend the use of our technology to small business sites across the Web continue to pay real dividends and this agreement with OutPurchase.com represents our entry into new and exciting space," said Chet Thaker, president and chief executive officer of TeleBright.com. "We are also flattered that OutPurchase.com chose our technology from among the many options available to them, proving that the our extensive list of providers and the live expert assistance we offer sets us apart from others on the Web."
OutPurchase.com is an online purchasing company for small and medium-sized businesses throughout the United States. The company combines proprietary technology and an aggregated national/local network of service and product suppliers, with customer service.
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