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VerticalNet |
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VerticalNet(Verticalnet Inc., Malvern, PA, www.verticalnet.com) A company that was an early pioneer in the development and operation of business-to-business Web portals for scientific, industrial and manufacturing industries. In 1995, it introduced Water Online, its first "Web community" and created more than 40 others during its media heyday as an "Internet darling." After the dot-com bubble burst in 2000, Verticalnet changed its direction to developing supply chain applications with emphasis on reducing spending and controlling inventory. In 2007, the company was acquired by European supply management firm BravoSolution S.p.A. and renamed BravoSolution US. See vertical portal and Web hub. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| By offering solutions that provide both rapid ROI and an infrastructure for process oversight, team collaboration and supplier improvement, Verticalnet On Demand allows customers to tailor a solution to meet their exact sourcing challenge. In an SEC Form 8-K filed today, Verticalnet announced its entry into three new agreements and the amendment of two other agreements relating to its senior secured convertible promissory notes and its senior subordinated discount promissory note, the net impact of which is to shift the maturity of the discount note from January 31, 2007 to April 1, 2008, to re-price warrants previously granted to the holders of the convertible notes, to increase the principal amount of the discount note from $5. Nasdaq:VERT), a leading provider of on demand supply management solutions, today announced that Verticalnet EVP and Chief Financial Officer Gene S. |
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