Unicor, Inc. Selects Corcentric to Develop eCommerce Trading Exchange

    MCLEAN, Va.--Sept. 6, 2001--In a joint announcement made today, Unicor, Inc. has reached a commitment with Corcentric to create a proprietary electronic commerce eHub trading community.
    Corcentric's private trading exchange will allow Unicor members to communicate electronically with all of Unicor's primary suppliers in the automotive aftermarket. Unicor's major suppliers include Federal-Mogul , Tenneco Automotive , Goodyear Tire & Rubber (NSYE:GT) and Visteon Corp. . The Unicor trading exchange is projected to be operational in the fourth quarter of this year.
    "Working with Unicor is another great opportunity for Corcentric to bring our proprietary eBusiness procurement solution to the automotive aftermarket," said Charles Floto, president of Corcentric. "Our eHub community is specifically designed to maximize supply chain efficiencies in the automotive aftermarket. Unicor's members will realize these savings upon connection with the eHub."
    "Our wholesale member distributors service the professional repair industry, and our partner manufacturers represent the finest products available in the automotive aftermarket today," noted Unicor's president Steve Jones. "To provide our members and suppliers with maximum efficiencies in running their operations, Unicor needed a proven collaborative electronic procurement solution that would offer our members both improved information to run their businesses and the cost-savings benefits associated with eCommerce. The decision to use Corcentric in establishing our trading community is a reflection of our commitment to providing a state-of-the-art eCommerce solution that will allow us to achieve our objectives without impacting our members' or suppliers' internal systems and processes."
    Corcentric provides proprietary eCommerce solutions, enabling supply chain communities to conduct business electronically. Serving the heavy-duty truck and automotive supply industries, more than 650 client sites utilize Corcentric's services. Corcentric currently processes approximately 48,000 transactions per month, valued at more than $400 million per year. Headquartered in McLean, Virginia, Corcentric was founded in 1998 and is a privately held company.
    Unicor, Inc. is an automotive aftermarket marketing group representing eleven successful automotive parts distributors with 85 locations throughout the United States. Unicor represents significant buying power for its members, resulting in lower costs and increased profitability. In addition, Unicor offers its members marketing programs tailored to their individual needs. With corporate offices in Anaheim, California, Unicor, Inc. was founded in 1998 and is privately held.
    Corcentric's website is located at www.corcentric.com and Unicor's web site is located at www.unicor.org.