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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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