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EOS OPENS ON-LINE BUSINESS TO BUSINESS EXCHANGE IN ABU DHABI

 
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 Press Release
27 June 2006

Rapid growth of UAE sees second office launch for e-commerce pioneer

One of the world’s fastest growing e-commerce business to business exchange companies is to seal its commitment to UAE by opening a new office in Abu Dhabi.

EOS has carved out a name for itself in the field of business to business e-procurement delivery, providing key e-trading support throughout industries including energy, healthcare and construction and sees the opening of its latest office in the UAE capital as vital to meet the growing demand for the management of procurement processes within the Emirates corporate world.

EOS already owns the world’s largest Oil and Gas industry exchange which allows members to trade electronically without changing their business processes.

The firm’s advanced web technology expertise develops low cost, full supply chain connectivity which fits securely and seamlessly with the existing IT infrastructure, without having to make changes to the existing Enterprise Resource Planning (ERP) system or rely on the ability to pay expensive membership fees.

The company’s secure network of exchanges provide users with benefits such as transaction tracking, real time analysis and a full audit facility, all combined in a simple to use system, with no joining fee and a ‘pay as you use’ pricing structure, designed to put e-procurement well within the grasp of even the smallest organisation.

The larger EOS members can opt for a direct link into the EOS exchange, without the need for any changes to their internal ERP/financial system. Small and medium sized organisations using nothing more than a standard web browser.

EOS Abu Dhabi is aiming to complement its Dubai office in facilitating the rapid growth of business in the Emirates and help local organisations evolve on an international scale.

EOS Technologies Inc. has, in only three years, become a global organisation with further offices in India, Oman, Africa and Europe, has already supported numerous corporate transitions into the e-procurement environment throughout the Middle East region.

Alan Livingston, EOS CEO said “With already over 8,000 members in the Middle East alone, and projecting over 20,000 on our worldwide register by the end of 2006, UAE continues to be at the centre of our growth in this region so we decided a second office was required in Abu Dhabi. EOS can now offer companies in and around Abu Dhabi a simple, easy to use e-procurement system that will open doors to international trade, whether they’re looking to buy or sell, I believe through our exchange UAE’s public and private sectors will help the country to become one of the most e-enabled in the world.”

 


 

 

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