SAN FRANCISCO and ATLANTA- Nov. 5, 2001-- Paperloop.com, the leading multimedia information and e-business network for the paper, forestry and converting industries, and ForestExpress, the transaction processing network for the forest products industry, announced a strategic marketing agreement to leverage e-commerce, content and services. Financial terms were not disclosed.
Under the terms of the agreement, ForestExpress will be a preferred provider of B2B e-commerce services for paperloop.com customers. Paperloop.com will be a preferred provider of industry news and information, research syndication services and market intelligence to ForestExpress.
ForestExpress has also negotiated with paperloop.com its first alliance partner program agreement. ForestExpress members may purchase paperloop.com marketing/advertising services, gold access subscriptions, premium research seats, and customized news syndicationservices at a preferred partner rate.
"The partnership of paperloop.com and ForestExpress is a powerful combination,'' said Keith Russell, chief executive officer of ForestExpress. "It provides our members the convenience of receiving unparalleled industry news and market intelligence from the industry'smost reliable source while providing paperloop.com members with powerful e-commerce transaction capabilities.''
"The alliance with ForestExpress provides our members a direct connection to a source for industry-specific e-commerce services and solutions,'' said Ian Johnston, president and CEO of Paperloop, parent company of paperloop.com. "Paperloop.com has already established itself as the industry's largest online community. Forest Express' knowledge of the industry and current e-commerce technology can help our community develop and achieve their e-commerce business goals.''
ForestExpress members can now view on paperloop.com daily breaking news, corporate strategy updates, and market reports covering all aspects of the paper and converting industries. Available early next year, ForestExpress members will be able to access paperloop.com searchable archives including people news, event calendars and receive news feeds for the paper, forest products and converting segments. Conversely, paperloop.com customers have the opportunity to utilize e-commerce services provided by ForestExpress including trading partner integration services, catalog content management, marketplace services and professional services.
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