Home > Business > WASTE NOT WANT NOT: BUREAU VERITAS PARTNERS WITH ATM SERVICE, LTD. FOR INVENTORY MANAGEMENT

WASTE NOT WANT NOT: BUREAU VERITAS PARTNERS WITH ATM SERVICE, LTD. FOR INVENTORY MANAGEMENT

Added: (Tue Dec 12 2000)

Pressbox (Press Release) - LONDON, 12TH DECEMBER 2000 – Bureau Veritas, a global risk management provider of conformity assessment and performance evaluation services in the areas of quality, health & safety and environment (QHSE), announced today a partnership with ATM Service, Ltd., a leader in asset management, including the use of alternative capital. ATM Service, Ltd. is a subsidiary of WorldWide Web NetworX Corporation (OTCBB: WWWX).

By joining with ATM Service, Bureau Veritas can immediately provide independent, third party verification of product specifications and customise QHSE services by reassuring online buyers that the product they are purchasing maintains the level of quality promised during negotiations.

ATM Service’s strategic advantage is its expertise in asset management, including the use of alternative capital – finding hidden trade value on companies’ balance sheets and facilitating both traditional and e-commerce based trades with other corporations. ATM specialises in the execution of “end-to-end” business solutions, including representation agreements, trade programs for domestic and International Fortune 1000 companies and government agencies, and the use of e-business platforms to expedite business transactions. ATM offers solutions to access new channels of distribution, to assist regional companies in expanding their geographical coverage and national companies to become international marketers, and to manage excess inventories.

According to Olivier Guize, Director of Bureau Veritas, “We are concerned with the physical condition of goods as well as providing objective assessments and advice on a given system, project or asset against a given referential which may be regulatory or non-regulatory. To be able to assist ATM Service’s customers in assessing products before they are sold, we will allow buyers to be confident in the level of quality of the products that will be delivered to them.”

Thomas Settineri, Chairman and Chief Executive Officer of ATM Service, Ltd., said, “ATM’s relationship with Bureau Veritas is strategic and timely. After an ATM customer has pre-negotiated a purchase order, the challenge is to acknowledge the reassurance of the products once delivered. Bureau Veritas will help buyers achieve just that and enables ATM to provide its customers with an extremely high level of confidence in ATM’s service - confidence that will benefit ATM and its clients.”

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About Bureau Veritas

With its network of 500 offices, over 10 000 qualified technical experts in more than 120 countries Bureau Veritas is uniquely placed to supply clients with services that generate high added value and are intended to guarantee the legality and conformity of their operations, reduce the risks they incur, and measure and improve the performances of their organisations. Large clients are increasingly outsourcing their complete internal quality, safety and environmental management functions to Bureau Veritas.
For more information, visit www.bureauveritas.com.

About WorldWide Web NetworX

WorldWide Web NetworX Corporation (OTCBB: WWWX) is a global network of existing and emerging companies that take advantage of shared synergies to maximize growth. WorldWide Web NetworX acquires companies with innovative, promising business concepts and unlocks the potential of these companies using its network of management and marketing experts. The company identifies and establishes new channels of distribution for the businesses it acquires to create an immediate path to greater profitability.

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For more information, please contact:

Tina Stick, Bureau Veritas, Tower Bridge Court, 224-226 Tower Bridge Road, London, SE1 2TX, United Kingdom
tel: +44 20 7661 0700, fax: +44 20 7661 0790, email: tina.stick@uk.bureauveritas.com


For ATM Service, Ltd. / WorldWide Web NetworX Corporation:

Ryan Poliakoff or Mike Rosen
Bratskeir & Company
Tel: +1 212-679-2233, email: rpoliakoff@bratskeir.com or mrosen@bratskeir.com

---SENDER---
Tina Stick

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