5th September 2005

EOS Technologies, The largest E Commerce exchange in the Middle East, strengthens their presence in the region with the opening of their regional office in Knowledge Oasis Muscat, in the Sultanate of Oman. The growing demand for EOS Technologies resulted in the expansion of staff with the appointment of Mr Tarek Khorshid as Regional Community Manager for the EOS MENA operation. Mr Khorshid will be responsible for sales and client management.

Established in the Middle East and now operating globally with offices in India, Aberdeen, Dubai and Oman, and customers in every continent, EOS is acquiring customers from across the globe. The company is the only E Commerce exchange which was started in the Middle East and successfully developed internationally. With over 4000 members in Oman alone EOS has made the Sultanate the most E-enabled community in the world. 30% of EOS’s operations are International; this figure is still growing rapidly .On a regional front the company is looking to build a strong base in the Gulf region with planned expansion of operations in Dubai and Qatar.

“We are leading the way in the provision of innovative e-commerce solutions to the Business to Business marketplace and our target is to create the largest Ecommerce exchange in the Middle East. We want to build on our success in Oman and our eventual aim is to E-enable the Gulf region as a whole.” Says Alan Livingston, CEO, EOS Technologies.

EOS provides a secure information exchange between businesses and suppliers regardless of size, geographical location or industry. By registering with EOS Technologies, on average a small business can look at saving around 75% in time reduction and large companies can experience larger cost saving dependent on their ERP and Business Processes. “EOS provides simple access, simple operations, safe and secure day after day for over 4000 members. It’s real, it’s here and it works. Says Alan Livingston, CEO, EOS Technologies.

 The whole process of procurement bidding is made easier and more accessible to large enterprises and small businesses alike. A basic connection to EOS Technologies can be integrated in to any work environment in less than three minutes! The whole process is fully transparent as it goes through a single connection point which can be viewed by all parties concerned. This means that procurement costs are accounted for at all times which solves hidden cost issues that many companies struggle to account for.

With the introduction of The Document Delivery Exchange (DDE) EOS is now able to provide customers with a unique solution for their procurement requirements by connecting business with existing and potential trading partners via an innovative implementation of invoicing. The DDE is the only procurement tool that offers 100% trading partner connectivity and provides a comprehensive tracking system where by all parties involved can view and trace all documents.

As a direct result of EOS’s unique offerings the demand for the companies services in the Middle East are constantly growing hence the rapid expansion of activities. This trend is likely to increase as the region’s IT infrastructure develops and decision makers become more understanding of the benefits and cost saving this web based solutions can offer their businesses.