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Home \ Our Company \ News \ Press Release |
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COMMERCEHUB TO RELOCATE ITS CORPORATE HEADQUARTERS TO ACCOMMODATE RAPID EXPENASION AND FORMS STRATEGIC ALLIANCES WITH ALBANY NANOTECH
CommerceHub Investing Heavily in Technical Infrastructure and Job Growth
CLIFTON PARK, NY - April 6, 2004 - CommerceHub, the leader in the electronic integration of supply chains for E-Commerce fulfillment, today announced it will be relocating its corporate headquarters to the Albany NanoTech Complex, a state of the art technology facility that will house some of the world's leading technology companies. Upon completion of the move, CommerceHub's new corporate headquarters will be located at 255 Fuller Road in Albany.
By relocating to this new facility, CommerceHub is making a significant investment in a state-of-the-art infrastructure, and upgrading its data center. Aside from the ability to host a redundant, world-class data center, the new facility also provides business amenities including videoconferencing, conference centers, a shared 250 seat auditorium, and many more capabilities. CommerceHub joins IBM, General Electric, International SEMATECH North and others at the facilities.
"Our client base and order processing operations have significantly expanded over the past two years", said Frank Poore, President and CEO of CommerceHub. "This move will enable us to continue this growth unabated, and at the same time upgrade our data center and technology infrastructure to better serve our customers and their expansion."
He added "We thank Governor Pataki for his high tech investments, educational strategy, and business friendly policies, as embodied by the Albany Center of Excellence in Nanoelectronics and its College of Nanotechnology."
In addition to its investment in infrastructure, CommerceHub is also announcing the formation of a strategic partnership with Albany NanoTech. Under the partnership, the two organizations will engage in joint R&D programs, specifically to formulate and optimize the use of CommerceHub's proprietary technology and platform within the nanotechnology industry. CommerceHub and Albany NanoTech will also collaborate in the development and execution of workforce training and education programs for the E-Commerce industry.
Alain E. Kaloyeros, Ph.D., Executive Director of Albany NanoTech and Dean of the School of NanoSciences and NanoEngineering at the University at Albany-SUNY said, "We welcome CommerceHub back to its birthplace and are delighted by its decision to remain in and expand in the Capital Region. As a premier e-business company, CommerceHub represents a critical enabling step in our strategic plan to build a vertically-integrated portfolio of world-class manufacturers and suppliers to ensure the competitiveness of the region and state in the high tech driven global economy of the 21st century. We thank Governor Pataki for his vision and leadership in making this partnership possible."
About CommerceHub
CommerceHub is the leading provider of solutions that enable electronic integration of supply chains for E-Commerce fulfillment. CommerceHub's Universal Connection Hub platform is the first comprehensive drop and bulk-ship solution that allows merchants to seamlessly integrate with suppliers to improve fulfillment performance. CommerceHub's Drop-Ship Master module enables merchants to rapidly expand product offerings, preserve brand identity, and manage, analyze, and deliver comprehensive order information to their customers, all with no inventory risk. World class merchants and suppliers have chosen CommerceHub to increase speed to market, grow sales, reduce expenses, and enhance customer service by improving supply chain performance. CommerceHub's rapidly growing customer base comprises many of the world's best known merchants, including QVC, Target, Sears, Staples, Costco, ShopNBC and Federated. CommerceHub is currently headquartered in Clifton Park, New York. For more information, contact info@commercehub.com or call +1-518-886-0700.
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