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Article: VerticalNet Joins Forces With Universal Process Equipment and the Bethlehem Corporation.
- Article from:
- Business Wire
- Article date:
- August 18, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HORSHAM, PA--(BUSINESS WIRE)--Aug. 18, 1999--
New e-Commerce Venture to Increase Internet
Process Equipment and Plants Sales
VerticalNet, Inc. (Nasdaq:VERT), announced today an agreement with Universal Process Equipment (UPE) and the Bethlehem Corporation (AMEX:BET) to create an online marketplace for the sale of high-end process equipment and plants.
Utilizing UPE's vast database of potential buyers, VerticalNet(R) will market a wide range of used and surplus high-end processing equipment supplied by UPE and its 13 group companies, as well as employ advanced auction, e-commerce and customer service technologies to facilitate sales.
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