Launches New B2B
For Immediate Release
Rose International Launches New B2B Exchange Business
ST. LOUIS, September 22nd, 2000 – Gulab Bhatia, Himanshu Bhatia and Eric Token, executives at Rose International, today announced the launch of QcomX.com, a new B2B Exchange for the IT Services industry. The new company, operating as an independent subsidiary of Rose International, is a B2B and B2G IT services procurement exchange. QcomX has been capitalized with an initial investment by Rose, directed 100 percent into technology and business development. Rose officials did not disclose the size of this initial investment.
QcomX offers two systems. The primary system is the QcomX exchange itself. "Our approach to the use of technology in building this exchange is very unique," said Token. "We have more granular data, so our filtering and screening capabilities are far superior, resulting in a more efficient and accurate experience for the buyer and supplier alike," he said. "We feel that our total solution is better than anything out there, because our model incorporates the human touch far more than other models," said Token.
The second system, QPro, is an ASP service for IT vendors needing a comprehensive tracking system for their technical and professional candidates. This system can be used in an integrated fashion with QcomX in responding to QcomX network buyers. In addition, QPro functions as a stand-alone system supporting a services firm's requisitions coming from outside the network.
"We currently have a vendor network covering all 50 states and supporting several Fortune 500 companies," said Mr. Bhatia. "We anticipate exponential growth over the next 12 months."
Founded in 2000 by executives from Rose International, St. Louis-based QcomX, Inc., is a leading exchange for B2B and B2G IT Services Procurement. The company is focusing on growing a global network of high-quality providers, and has adopted a proven business model encompassing both technology and people in the management of this procurement process.
For more information, visit our Web site at www.qcomx.com.
About Rose International
Founded in 1993, St. Louis-based Rose International is a leader in providing technology and e-commerce solutions to corporations and government agencies nationwide. The company's numerous branch offices have a broad geographic reach, allowing Rose to work with organizations across the country. In addition to its Fast 50 recognition, Rose was named to this year's Working Woman 500, and was recently recognized as one of St. Louis' fastest growing private companies.