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Bank of America Implements the Noosh, Inc. Business-to-Business Communication Service

Noosh.com provides Bank of America with an Internet-based solution for print procurement and management

 

Palo Alto, California - January 20, 2000 - Noosh, Inc. today announced a two-year agreement to provide an Internet-based communication solution to facilitate Bank of America's commercial printing process. Bank of America, one of the largest financial institutions in the world, will now use the noosh.com service nationwide to more efficiently communicate with vendors and internal team members, track project costs, produce reports and manage relationships with printers, creative agencies and fulfillment houses.

Noosh's business-to-business Internet communication service, noosh.com, is designed to dramatically improve the process of buying, selling and managing print by providing a collaborative environment where print buyers, printers, creative agencies and others in the supply chain of vendors can work together efficiently. The noosh.com service, powered by Live JobsSM collaborative technology, provides a way to develop a standard and efficient information workflow utilizing one centralized database to store, retrieve and push information. Noosh.com helps users communicate more accurately and effectively with their internal and external customers throughout the whole print process-from conception to delivery.

"We are very pleased to have this opportunity to not only provide a solution to Bank of America, but also to enter into an agreement that will allow us to further expand the Noosh service," said Ofer Ben-Shachar, Noosh Founder and Chief Executive Officer. "Bank of America's intense involvement and contribution since the beginning of our beta testing process has played a key role in the development and evolution of noosh.com's leadership position in the online print management market."

"At Bank of America, we have been focusing on the Internet and how it affects our relationships with customers, associates and business partners," said Laurie Venzon, Senior Vice President, Procurement Services, Bank of America. "We look forward to continuing to work with Noosh to help us pave the way into business-to-business e-commerce for commercial print and direct mail. With this cutting-edge service, we will essentially change the way that we purchase and manage print."

"We are happy to see Bank of America utilize the Noosh service for their print procurement needs, " said Mr. Shachar. "With noosh.com it has allowed the bank to easily and more efficiently manage print production with vendors who participate in their preferred supplier program."

"Noosh's ability to provide Bank of America with a custom Internet solution helps us tremendously as we strive to optimize efficiencies and streamline workflows," said Sue Ward, Vice President, Director of Commercial Print, Bank of America. "Noosh has created a comprehensive print management system that will meet the diverse needs of our complex nationwide print buying structure."

About Noosh, Inc.
Noosh, Inc. (http://www.noosh.com) was founded in 1998 with the goal of creating the industry's leading business-to-business, Internet-based communication service for enterprise critical printing. Noosh.com dramatically improves the process of buying, selling and managing print. Leveraging the power of the Internet, noosh.com helps strengthen buyer-printer relationships by providing a collaborative environment where corporate buyers, printers and creative agencies work together efficiently to manage complex corporate printing in real time.

Noosh and LiveJobs are the trademark and service mark, respectively, of Noosh, Inc. Other trademarks appearing in this release are the property of their holders.


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