Press Release

ChemConnect Chairman Elected to CIDX Board

John F. Beasley to serve on Chemical Industry Data Exchange Board of Directors to help improve global e-commerce interoperability, opportunities for chemicals, plastics industries

San Francisco, CA (January 29, 2002) – ChemConnect®, the leading online chemicals and plastics marketplace, announced today that company Chairman, John F. Beasley, has been elected to the Board of the Chemical Industry Data Exchange (CIDX™), the trade association and standards body whose mission is to improve the ease, speed, and cost of conducting business electronically between chemical companies and their trading partners.

Beasley, a founder of ChemConnect Inc., has long been a proponent of extending e-commerce opportunities throughout the chemicals and plastics industries through the development and application of innovative technology solutions. CIDX has been working with industry members since 1985 to develop and deploy Chem eStandards™, the uniform standards of data exchange developed specifically for the buying, selling, and delivery of chemicals. Based on Extensible Markup Language (XML), Chem eStandards are open, platform-independent, uniform, and available free of charge.

"ChemConnect has always been a supporter of CIDX, and John Beasley has been a strong contributor to our success," said Pat Simmons, CIDX Executive Director. "We welcome him to our Board and look forward to collaborating as we extend Chem eStandards within the industry, and reach out to other associations working on similar goals in other industries."

"I have always had a deep personal belief that data exchange standards are critical to reach the full potential of chemical e-commerce and CIDX is the organization that will make this happen," Beasley said. "I look forward to working with my fellow chemical industry colleagues on the Board to further develop the standards that will allow all members of our industry, whatever their size and wherever they are, to improve their business processes and take advantage of the benefits and opportunities that e-commerce offers."

About CIDX
The Chemical Industry Data Exchange, CIDX™, founded in 1985, is a non-profit trade association and standards body whose mission is to improve the ease, speed and cost of conducting business electronically between chemical companies and their trading partners. CIDX™ manages the development and maintenance of electronic standards for the chemical industry and uses the trademarks CIDX™ and Chem eStandards™. The membership, including chemical producers, software providers, and market places or chemical industry service providers, is dedicated to:

  • Ensuring Chem eStandards are the standards for XML trading in the global chemical industry
  • Leading convergence of XML standards for chemical transactions with key trading industries
  • Serving as the ‘voice of the chemical industry' in development of cross-industry standards
  • Providing a Center of Excellence for continued development and support to meet evolving e-business needs of chemical industry

More information about CIDX™, including membership and upcoming meeting schedules, is available online at http://www.cidx.org, or via e-mail from hg@cidx.org. A current version of Chem eStandards™ is available at this site.

For more information, please contact:

Bob Osmond
UpStart Communications
(510) 457-3111
bosmond@upstart.com

Liz Youngs
UpStart Communications
(843) 881-5751
lyoungs@upstart.com

Note to Editors: ChemConnect is a registered trademark of ChemConnect, Inc. All other product, trademark, company or service names mentioned herein are the property of their respective owners.

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