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DRAGONAIR AGREES TO JOIN AEROXCHANGE.

AsiaPulse News

| August 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. 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)Copyright

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DALLAS, Texas, July 31 /PRNewswire-AsiaNet/ -- Aeroxchange, a leading aviation e-commerce marketplace, today announced that Dragonair is the latest affiliate airline to join its growing global partnership of aviation buyers and suppliers.

"We are excited to have Dragonair join the exchange and begin to utilize our suite of e-business products and services," said R. Terrence Rendleman, Aeroxchange's president and CEO. "Both Aeroxchange and Dragonair are committed to using the Internet to increase productivity and help manage the complex aviation supply chain. Our exchange is predicated on returning value to all participants and we look forward to a prosperous relationship with Dragonair."

Dragonair has signed an airline affiliate agreement with Aeroxchange and will gain immediate access to the company's services designed to reduce process time and costs in the supply chain. Since their first product launch in February 2001, Aeroxchange's trading partners have used its aviation industry-specific products for integrated e-procurement, inventory management, maintenance management and cooperative purchasing solutions.

"Dragonair is pleased to partner with Aeroxchange as part of our e-business strategy," said Francis Wai, Dragonair's Chief Financial Officer.

"Aeroxchange's global reach and scope will allow us to realize synergies with the industry and to procure and manage our inventory more efficiently.

Aeroxchange will help us implement our e-business strategy."

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Source: HighBeam Research, DRAGONAIR AGREES TO JOIN AEROXCHANGE.

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