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SAN DIEGO and SAN FRANCISCO - October
28, 2004 – Trade Service, a leading
source of complete content management
and information solutions for the construction
industry, and Clearbridge, a leading
provider of business process automation
solutions for the construction industry
today announced the formation of a new
partnership. Under the terms of the
agreement, Trade Service will provide
Clearbridge with its industry standard
product and pricing content for use
in Clearbridge’s TradeSync solution
for automation of the invoice reconciliation
function within electrical contractor
offices.
“This agreement with
Trade Service brings a critical piece
of the overall solution for the automation
of invoice reconciliation. Now electrical
contractors can check every invoice
and every order against vendor contract
pricing with the click of a single button,”
said Carl Wilson, President of Clearbridge,
Inc.
“The TradeSync solution
is groundbreaking for both the electrical
contracting industry and Trade Service.
Combining our content with TradeSync
functionality will bring tremendous
benefits of efficiency and process improvement
to a new department of our core electrical
contractor market,” said Tony Dubreville,
President and CEO of Trade Service.
Separately, Clearbridge
today announced the general availability
of TradeSync, its new solution for automated
invoice reconciliation, integration,
and reporting, targeted to meet the
needs of electrical contractors. Information
about TradeSync can be found at www.tradesync.com.
About Clearbridge
Clearbridge provides solutions for business
process automation. These solutions
include a document exchange network,
supply chain integration software, implementation
services, and the TradeSync application
for the automation of invoice reconciliation
(www.tradesync.com).
The Clearbridge solutions are targeted
to the construction industry and other
industries with standardized products
or services and high transaction volume.
Headquartered in San Francisco, CA,
Clearbridge is privately held. For more
information on Clearbridge, please visit
www.clearbridge.net,
send email to info@clearbridge.net,
or call 800-548-6764.
About Trade Service
Trade Service Corporation is the leading
provider of standardized product and
price information to the electrical,
plumbing/PVF, HVACR, industrial MRO,
and office products industries. Since
1931, the company has been the leader
in content acquisition, aggregation,
management, publishing, and distribution,
offering a variety of products, services,
and systems to meet the content needs
of over 20,000 distributors, contractors,
government agencies and “buy side” Fortune
1000 subscribers. The range of solutions
provided includes printed directories,
electronic catalogs, pricing data for
business system updating, and robust
attributed content to fuel full-functioning
Internet storefronts. For more information,
visit www.tradeservice.com.
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