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Press Releases
HONG KONG, October 23, 2000 - Federal Express Corp. (FedEx
Express) and Gartner (IT) will form an "e-business Think
Tank" comprised of a dozen of the world's leaders in high-tech
business development. Senior executives from the top companies
in financial services, software providers, wireless manufacturers
and consulting will meet later this month in Hong Kong in
the first of a series of regularly scheduled forums to exchange
ideas on e-commerce business strategy and development.
"FedEx is a pioneer and continues to be at the forefront
of the e-business revolution, providing vital supply chain
services for companies engaging in both business-to-business
(B2B) and business-to-consumer (B2C) e-commerce. But in this
rapidly evolving and developing e-business market, we recognise
the need to understand the long-term requirements of key
players in the market in order to help facilitate the development
of strategic e-commerce partnerships," said David Cunningham,
President, FedEx, Asia Pacific.
"We believe the Think Tank will play a key role in reinforcing
Asia Pacific's leadership in creating and implementing e-commerce
solutions for businesses across all sector, markets and geographies,"
said Mr. Cunningham. "Each of the companies involved will
bring a unique perspective that will combine to provide an
overall vision of what the future holds for e-commerce over
the next several years. This vision is critical in helping
to identify guidelines for businesses to succeed in the new
economy".
"E-business is no longer an issue of just competitiveness,
it is a matter of survival. As the world's leading authority
on IT and e-business, Gartner has always been in the forefront
of researching, studying and advising clients on e- business
strategies," said Michael Chan, Managing Vice President,
Gartner Consulting, Asia. "In Asia, we expect the e-business
models will be different than those in U.S and Europe due
to the market, geography and culture uniqueness. The Think
Tank will play a perfect forum in developing the Asia Pacific
e-business vision."
FedEx Express, a US$15 billion subsidiary of FedEx Corp.,
connects areas that generate 90% of the world's gross domestic
product in 24-48 hours with door to door, customs-cleared
service and a money-back guarantee*. The company's unmatched
air route authorities and infrastructure make it the world's
largest express transportation company, providing fast, reliable
and time-definite transportation of more than 3.3 million
items to 210 countries each working day. FedEx employs approximately
145,000 employees and has more than 43,000 drop-off locations,
663 aircraft and 44,500 vehicles in its integrated global
network. The company maintains electronic connections with
more than 2.5 million customers via FedEx Powership®,
FedEx Ship® and FedEx interNetShip®.
* Certain restrictions apply.
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