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E2open Expands Customer Base And Global Reach

Stocks in this article: EOPN

E2open (NASDAQ: EOPN), a leading provider of strategic, cloud-based solutions for collaborative execution across global trading networks, today announced that leading international brands such as Avnet, HAVI Global Solutions, Huawei Technologies, Kuehne + Nagel, L’Oreal and Studio Moderna have joined the E2open Business Network. E2open also announced the opening of new offices in Paris, France and Stockholm, Sweden. This global growth demonstrates the continued demand for the company’s collaborative execution solutions across geographies and industry verticals, from high technology and telecommunications to retail and consumer packaged goods.

“We consider E2open an important partner in our ongoing efforts to improve operational efficiencies and service levels across our global trading network,” said Morris Lenczicki, Vice President, IT at L’Oreal. “E2open’s cloud-based solution enables us to collaborate with our partners in real time on requirements, supply plans, inventory—and to resolve potential issues before they impact our profitability or customer satisfaction.”

“The past several months have been extremely exciting for E2open. We continue to deliver value by providing cost-effective, cloud-based solutions that enable collaboration and responsiveness in today’s volatile international markets,” said Mark Woodward, President and CEO of E2open. “Industry-leading companies continue to recognize the strategic importance of global supply chain operations, and we are proud to welcome our newest customers to the E2open Business Network.”

More than 32,000 companies, with more than 94,000 registered users in 62 countries, currently participate in the E2open Business Network, which allows participants to access and share data and execute business processes in a secure, real-time manner. The E2open Business Network also provides collaboration tools and analytics so that E2open customers can make more informed and efficient decisions.

For more information on E2open, follow us on Twitter at @E2open or visit us on Facebook.

About E2open

E2open is a leading provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative execution across global trading networks. Brand owners use E2open solutions to gain visibility into and control over their trading networks through the real-time information, integrated business processes, and advanced analytics that E2open provides. E2open customers include Celestica, Cisco, Dell, Hitachi, IBM, L’Oreal, LSI, Motorola, Seagate, and Vodafone. E2open is headquartered in Foster City, California, with operations worldwide. For more information, visit www.e2open.com.

Copyright Business Wire 2010

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