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PALO ALTO, CA - February 9, 2000 - Noosh, Inc., a leading
Internet business-to-business communication service targeting the
printing industry, today announced that it has entered into a user
agreement with E*TRADE (NASDAQ: EGRP), a global leader in electronic
personal financial services. The agreement will allow E*TRADE to
use the Noosh service to manage and track its print process from
start to finish, helping it to achieve cost savings and increased
efficiencies.
"Noosh's collaborative technology is designed to greatly streamline
print operations," said Ofer Ben-Shachar, founder and CEO,
Noosh, Inc. "Now E*TRADE's print jobs can be centralized in
one place, affording the company and its vendors easier access to
their print job information. The Noosh solution helps all parties
in the complex print process to avoid common and traditional communication
problems before they arise, which means fewer costs and headaches."
"Noosh.com will help us to streamline our printing activities
and better coordinate E*TRADE's numerous printing vendors,"
said Roger Picket, director of purchasing for E*TRADE. "We
look forward to being able to centralize information on our print
jobs in a secure and easily accessible location on the Internet.
This will enhance communication among our staff, print vendors and
creative agencies at remote locations, which we believe can improve
overall accountability and efficiency in the process."
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.
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, powered by Live JobsSM collaborative
technology, is designed to dramatically improve the process of buying,
selling and managing print. Leveraging the power of the Internet
and popular browsers, 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.
About E*TRADE
E*TRADE, a global leader in electronic personal financial services,
is the world's most-visited online investing site according to Media
Metrix (9/99), offering value-added investing and research features,
premium customer service and a redundant, proprietary Stateless
Architecture infrastructure. In addition to the US, E*TRADE presently
serves customers through branded web sites in Japan, the U.K., Sweden,
France, Australia, New Zealand, and Canada. E*TRADE has been ranked
the number one online brokerage by Lafferty Information and Research
Group, PC Magazine and Smart Computing magazine. E*TRADE Securities
Inc. (Member NASD/SIPC), and its parent company, E*TRADE Group,
Inc. have offices in Northern California and in other major business
centers in the US and worldwide.
Noosh and Live Jobs 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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