Nistevo will continue to provide ongoing project management involvement with each member enrollment. Nistevo will provide ongoing support to the member company. One Commerce One is the e-marketplace company. Through its software, services and Global Trading Web of interconnected business communities, Commerce One enables worldwide commerce on the Internet. Through this trusted community network, members can improve customer service, reduce costs, automate interaction with carriers and streamline their supply chain processes.
Carriers can increase asset utilization and improve driver retention.
The foregoing paragraphs include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements include statements concerning the alliance between Nistevo and Commerce One and the expected benefits to be gained by customers as a result of such alliance. Any statements contained in this press release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements reflect the current views and assumptions of Commerce One, and all forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. These risk factors include, but are not limited to, the risk that the e-business consulting services provided may not meet user expectations, the extent of customer adoption and utilization of the services provided, actual efficiencies and economies of scale may not be as pronounced as those anticipated, general economic conditions, and intense and increasing competition in the market.