About Elance
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Elance To Focus On Internet Business That Enables Outsourcing For Small And Medium Businesses; Services & Contractor Management Business For Enterprises To Gain Resources For Growth.
Mountain View, Calif. – February 10, 2006 — Elance (www.elance.com), the leading provider of internet solutions for small business outsourcing, today announced that it has sold its on-demand Services and Contractor Management business to Click Commerce (Nasdaq: CKCM), effective February 8.
"This move enables the two businesses to capitalize on their respective market and growth opportunities," said Fabio Rosati, President and CEO of Elance. "Elance's Services and Contractor Management business is now a division of Click Commerce, a rapidly growing and visionary technology company. Going forward the Elance internet business is the sole focus of the company and will pursue its ambitious plans for expansion".
Elance plans to expand and improve its solutions for small business outsourcing and collaboration over the internet. The Elance services marketplace (www.elance.com) is the world's largest, with over 100,000 business, creative and technology projects completed each year.
Click Commerce will continue to offer Elance's Services and Contractor Management software-as-a-service, whose customers include American Express, BP, EDS, FedEx, GE, and other Global 500 companies. Click Commerce has retained the majority of the employees of this Elance business unit.
About Elance
Elance® is the leading provider of internet solutions for small business outsourcing. Elance provides a convenient way to find, evaluate, purchase, receive and pay for business, creative and technology services over the internet.
Headquartered in Mountain View, Calif., Elance services customers and suppliers the world over. For more information on Elance, please visit www.elance.com
About Click Commerce
Click Commerce, Inc., (Nasdaq: CKCM), a leading provider of on-demand supply chain management solutions, enables millions of users in 70 countries to collaborate, in real time, with business partners across the extended enterprise. Click Commerce solutions support the unique business processes of multiple industry segments such as manufacturing, aerospace and defense, and high-tech. Click Commerce enables corporations including Alaska Airlines, BASF, Citibank, Eastman Kodak Company, Jabil Global Services, Microsoft, Pier 1, Ryder, and Verizon to coordinate and optimize business processes, accelerate revenue, lower costs, and improve customer service. More information can be found at www.clickcommerce.com.
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Elance and the Elance logo are trademarks or registered trademarks of Elance, Inc. in the United States and other countries.
All other product and service names mentioned are the trademarks of their respective companies.
