GXS to Develop Industryâ€™s First Regional Data Pool across Middle East and Mediterranean Region
Egypt, Jordan, Lebanon, Malta, Morocco, Saudi Arabia, Syria, Tunisia and United Arab Emirates to Benefit from Global Data Synchronization (GDS) MALTA and Gaithersburg, Md. – March 10, 2005 â€” GXS, a leading provider of B2B e-commerce solutions, today announced it has signed an agreement with nine GS1 member organizations in the Middle East and Mediterranean (MEMA) region to develop and manage the worldâ€™s first shared data pool. As a result, more than 6,000 manufacturers, distributors and retailers across Egypt, Jordan, Lebanon, Malta, Morocco, Saudi Arabia, Syria, Tunisia and the United Arab Emirates (UAE) will be able to synchronize their product data with trading partners anywhere in the world.
In a unique arrangement, the MEMA group of nine countries decided to share the benefits of building a regional GS1-certified data pool, leveraging economies of scale to benefit their member communities. An agreement was reached with GXS to deploy a shared regional data pool based upon GXS Data Pool Manager. GXS will work with each country to ensure the application supports unique individual country requirements. The data pool will put the regionâ€™s retail community on a level playing field with their counterparts around the world.
â€œGXS has provided our organizations the opportunity to ensure our collective members have access to the industryâ€™s leading GDS standards-based technology,â€ said David Calleja-Urry, chairman of GS1 Malta. â€œOur unique partnership with GXS will quickly and efficiently provide our combined organizations with a working regional data pool. Deploying a GS1-certified data pool will help guarantee that our markets are attractive to global retail operators, and that our local retailers can quickly implement industry-best practices to remain competitive.â€
The certified Global Data Synchronization Network (GDSN) data pool will allow item information from international suppliers, using other approved data pools, to be synchronized with the regionâ€™s retailers, making worldwide trade easier and more efficient. GS1 organizations in the MEMA region are taking advantage of GXSâ€™ Data Pool Manager, the leading platform for regional and national standards organizations seeking to offer GDS services. GXS Data Pool Manager is designed to lower barriers to implementation of GDS by providing a GS1-certified data pool as a managed service configured to the needs of specific geographic markets. GXS powers more GS1-certified data pools than any other service provider worldwide. In addition to the nine countries in the Middle East and Mediterranean region, GXS supports data pools for GS1 organizations in Australia, Canada, Hong Kong, Korea, New Zealand, Russia, Taiwan and the United Kingdom.
â€œWeâ€™ve supported the development of data pools for GS1 organizations throughout Europe, Asia, Australia and the Americas, and, as a result, we appreciate how important the management and distribution of quality data is to the global supply chain,â€ said Ross Curtis, GXS senior vice president of worldwide field operations. â€œThe benefits that synchronized data bring to a business, especially in such a globally competitive landscape, are immeasurable. Never before has a group of countries pooled resources together to deliver a single data pool. Now thanks to this new cooperative attitude, we are one step further to developing a true GDSN, where no country will be too small to participate.â€
â€œThe development of the MEMA Data Pool addresses a pressing need to make GDS more accessible in the Middle East and Mediterranean regions, important constituencies of the world trading community," said Gene Alvarez, vice president for META Group. "The creation of regional data pool solutions is vital to enabling manufacturers, distributors and retailers to seamlessly trade information with partners worldwide, bringing the B2B information exchange market one step closer to achieving a truly global supply chain."
GS1 develops global supply chain standards and solutions used by over one million companies for bar coding, electronic business messaging, data synchronization and through the EPCglobal Network, radio frequency identification. About GXS GXS (Global eXchange Services) is a leading worldwide provider of B2B e-commerce solutions that simplify and enhance business process integration and collaboration. Organizations worldwide, including over half of the Fortune 500, leverage the GXS Trading GridSM to achieve the perfect balance of supply and demand. Active in the global standards arena, GXS solutions enable customers both large and small, to connect with global partners, synchronize product information, optimize inventory levels and demand forecasts, and accelerate the execution of supply chains.
Headquartered in Gaithersburg, Md., GXS provides sales and support to businesses and their partners worldwide. For more information visit our Web site at www.gxs.com.
Caution Concerning Forward-Looking Statements
This document includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. These factors include technological developments, customer demand, trading partner participation and network availability.