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ForestExpress Selects Moai Technologies to Power B2B Negotiations

Press release from the issuing company

ATLANTA & SAN FRANCISCO--ForestExpress, a global e-commerce marketplace dedicated to the paper and forest products industry, has selected Moai Technologies, Inc., a leading e-commerce infrastructure provider, for its sophisticated structured negotiation capabilities to power ForestExpress' recycled fiber and timber vertical B2B marketplaces. ForestExpress has licensed LiveExchange(TM), Moai's structured online negotiation software. By using the online negotiation tools in LiveExchange, ForestExpress will offer their registered buyers and sellers the ability to negotiate product availability, quality, materials grade, payment terms and price. ForestExpress customers will be able to shorten procurement time and will be able to collaborate on sourcing of critical goods and services in the recycled fiber and timber vertical markets. "We will utilize Moai Technologies' LiveExchange product to offer the versatility and user-friendly capability our customers expect for structured negotiations," said Bob Renner, chief technology officer of ForestExpress. "This moves ForestExpress another step closer to providing a complete, efficient and cost-effective solution for our customers." The addition of this product to the ForestExpress platform is designed to integrate business transactions with leading edge bidding functionality for the benefit of ForestExpress customers. In addition, LiveExchange has an open Java architecture based on common standards similar to XML that can be integrated with other e-commerce technology already used to power ForestExpress, such as CommerceOne, SAPMarkets, and webMethods. "We are delighted ForestExpress has chosen to use LiveExchange to handle their online negotiations," said Matt Miller, President and CEO of Moai. "This licensing agreement demonstrates that LiveExchange has the capabilities to meet the diversified sourcing needs of their recycled fiber and timber customers and is versatile enough to be applied to buying and selling a wide range of products and services."

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