|
E-Markets, Inc. Announces U.S. Approved Patents
CONTACT:
Dondi Smith
E-Markets, Inc
dondi.smith@e-markets.com
515-956-9327
BERTHOUD, CO -- April 16, 2007 E-Markets, Inc. the leading provider of software solutions and services to the agriculture industry is proud to announce a U.S. issued patent for Electronically Initiating and Managing Agriculture Production Contracts. The patent was applied for in 1998 and was issued in October of 2006.
The patent manifested into one of the company's premiere software solutions, AgContract, which has been in use for over 10 years. Over $600 million in grain, oilseeds, and other feed and food ingredients have been transacted using the AgContract information management tool. The tool offers easier management of buyer-driven procurement systems, purchase contract initiation and management, traceability of products through the supply chain and large-scale identity-preserved purchasing. Scott Cavey, President and CEO of E-Markets, Inc. is elated about the long-overdue approval of this patent. "This really signifies the beginning of E-Markets" stated Cavey, "the entire company is based around the AgContract application."
The patented technology showcases E-Markets, Inc. continuous strive to improve software solutions for the agriculture industry. Users of the AgContract solution include some of the industry's premiere agriculture, chemical and food companies including, Land O'Lakes, Inc., Dow AgroScience and BASF.
For more information on the Patent, AgContract or E-Markets, Inc. please contact Dondi Smith at (515) 956-9327 or via email at dondi.smith@e-markets.com.
###
E-Markets, Inc. is a pioneer in delivering e-commerce solutions to the agriculture and food industries. The company introduced the industry's first online grain production contracting system in 1997, the first internet-based agricultural input ordering system in 1998, the first internet-based risk management tool for the grain industry in 2000, and most recently, an internet-based Attribute E-Xchange trading management tool. E-Markets' applications eliminate barriers between buyers and sellers; enable information sharing across the agri-food value chain; and streamline back office processes resulting in significant returns for its customers. Several thousand grain elevators, ag-retailers, seed companies and grain processors throughout the United States are using E-Markets' tools.
|
Services