PurchasePro.com Inks Agreement With Marriott

LAS VEGAS, NV? PurchasePro.com announced the signing of an electronic purchasing program contract with The Marketplace by Marriott, the procurement arm of Marriott International. Under terms of the agreement, PurchasePro.com, a provider of business-to-business electronic commerce services, will develop the pilot rendition of a private ?e-marketplace? that will enable Marketplace by Marriott customers and suppliers to participate in a single interactive trading community supported with electronic catalogs, embedded corporate purchasing rules and robust reporting and archiving features. Initially, The Marketplace by Marriott will integrate PurchasePro.com?s online business-to-business solution with a test group of vendors and approximately 25 Marriott properties around the U.S. PurchasePro.com?s e-commerce solution is comprised of public and private ?e-marketplaces? where businesses can buy and sell a wide range of products and services in an efficient, competitive and cost-effective manner. The company?s target customers are primarily small to medium-sized businesses. PurchasePro.com has designed its e-marketplaces to meet the needs of these customers and their large business partners. A key element of this strategy is to develop sales and marketing relationships. PurchasePro.com provides support and training programs. The Bethesda, MD-based Marketplace by Marriott was launched last year to provide one-stop shopping for a variety of commodities and services.