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	<title>Verical Communications &#187; Verical</title>
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	<link>http://www.verical.com/comm</link>
	<description>The Latest Information from Verical</description>
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		<title>Arrow Electronics Acquires Converge and Verical, Inc.</title>
		<link>http://www.verical.com/comm/news/arrow-electronics-acquires-converge-and-verical-inc</link>
		<comments>http://www.verical.com/comm/news/arrow-electronics-acquires-converge-and-verical-inc#comments</comments>
		<pubDate>Tue, 06 Apr 2010 15:24:23 +0000</pubDate>
		<dc:creator>Verical</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[Arrow Electronics Inc.]]></category>
		<category><![CDATA[Converge]]></category>
		<category><![CDATA[ecommerce]]></category>
		<category><![CDATA[electronic components]]></category>
		<category><![CDATA[enterprise computing solutions]]></category>
		<category><![CDATA[manufacturers]]></category>
		<category><![CDATA[supply chain and logistics]]></category>
		<category><![CDATA[supply channel partner]]></category>
		<category><![CDATA[Verical]]></category>

		<guid isPermaLink="false">http://www.verical.com/comm/?p=216</guid>
		<description><![CDATA[Acquisitions provide  services across the entire product lifecycle
MELVILLE, N.Y., Apr 06, 2010 (BUSINESS WIRE) &#8211;Arrow Electronics,  Inc. (NYSE:ARW) today announced agreements to acquire        Converge, a leading provider of reverse logistics services, and  Verical,        Inc., a unique ecommerce marketplace [...]]]></description>
			<content:encoded><![CDATA[<p><span class="ccbnTxt"><strong>Acquisitions provide  services across the entire product lifecycle<br />
</strong>MELVILLE, N.Y., Apr 06, 2010 (BUSINESS WIRE) &#8211;Arrow Electronics,  Inc. (NYSE:ARW) today announced agreements to acquire        Converge, a leading provider of reverse logistics services, and  Verical,        Inc., a unique ecommerce marketplace geared toward meeting the        end-of-life components and parts shortage needs of customers.</p>
<p>&#8221;These acquisitions complement Arrow&#8217;s global strategy by providing        comprehensive services across the entire product lifecycle for  suppliers        and customers,&#8221; said Michael J. Long, chairman, president and  chief        executive officer of Arrow Electronics. &#8220;Reverse logistics is a  rapidly        growing area, and this acquisition builds on Arrow&#8217;s global  capabilities        as a supply chain and logistics expert. The addition of Verical  also        further strengthens our ecommerce capabilities.&#8221;</p>
<p>Converge, with 350 employees, is headquartered in Peabody, Mass.,  with        offices in Singapore and Amsterdam, including support centers  throughout        Europe, Asia and the Americas. Verical is based in San Francisco.</p>
<p>The acquisitions are expected to be accretive to earnings by $.05 to        $.10 per share annually post closing of the Converge transaction.  The        Converge deal is subject to regulatory approvals and is  anticipated to        close in May 2010, while the Verical acquisition has been  completed.</p>
<p>Arrow Electronics (<a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.arrow.com&amp;esheet=6238528&amp;lan=en_US&amp;anchor=www.arrow.com&amp;index=1&amp;md5=c96719362ced8678bf1ea5416974675e">www.arrow.com</a>)         is a global provider of products, services and solutions to  industrial        and commercial users of electronic components and enterprise  computing        solutions. Headquartered in Melville, N.Y., Arrow serves as a  supply        channel partner for over 900 suppliers and 125,000 original  equipment        manufacturers, contract manufacturers and commercial customers  through a        global network of more than 310 locations in 51 countries and        territories.</p>
<p><span class="bwunderlinestyle">Safe Harbor</span></p>
<p>The Private Securities Litigation Reform Act of 1995 provides a &#8220;safe         harbor&#8221; for forward-looking statements. This press release  includes        forward-looking statements, including statements addressing future         financial results. These statements are subject to a number of  risks and        uncertainties that could cause actual results or facts to differ        materially from such statements for a variety of reasons  including, but        not limited to: industry conditions, the company&#8217;s implementation  of its        new global financial system and the company&#8217;s planned  implementation of        its new enterprise resource planning system, changes in product  supply,        pricing and customer demand, competition, other vagaries in the  global        components and global ECS markets, changes in relationships with  key        suppliers, increased profit margin pressure, the effects of  additional        actions taken to become more efficient or lower costs, the  company&#8217;s        ability to generate additional cash flow and the other risks  described        from time to time in the company&#8217;s reports to the Securities and        Exchange Commission (including the company&#8217;s Annual Report on Form  10-K        and Quarterly Reports on Form 10-Q). Forward-looking statements  are        those statements, which are not statements of historical fact.  These        forward-looking statements can be identified by forward-looking  words        such as &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;may,&#8221;  &#8220;will,&#8221;        &#8220;believes,&#8221; &#8220;seeks,&#8221; &#8220;estimates,&#8221; and similar expressions.  Shareholders        and other readers are cautioned not to place undue reliance on  these        forward-looking statements, which speak only as of the date on  which        they are made. The company undertakes no obligation to update  publicly        or revise any of the forward-looking statements.</p>
<p><img src="http://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20100406005655r1&amp;sid=cmtx2&amp;distro=nx" alt="" /></p>
<p>SOURCE: Arrow Electronics, Inc.</p>
<pre>Arrow Electronics, Inc.
Michael Taunton, 631-847-5680
Vice President &amp; Treasurer
or
Paul J. Reilly, 631-847-1872
Executive Vice President &amp; Chief Financial Officer
or
Media:
John Hourigan, 303-824-4586
Director, External Communications
</pre>
<p></span></p>
<div style="width: 1px;height: 1px;overflow: hidden"><span class="ccbnTtl">Arrow Electronics Acquires Converge and Verical,  Inc.</span></div>
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		</item>
		<item>
		<title>Flex Brings Performance Muscle to B2B Sites</title>
		<link>http://www.verical.com/comm/blog/flex-brings-performance-muscle-to-b2b-sites</link>
		<comments>http://www.verical.com/comm/blog/flex-brings-performance-muscle-to-b2b-sites#comments</comments>
		<pubDate>Thu, 04 Mar 2010 16:36:10 +0000</pubDate>
		<dc:creator>Verical</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[adobe]]></category>
		<category><![CDATA[AJAX]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[distribution]]></category>
		<category><![CDATA[electronic component catalog]]></category>
		<category><![CDATA[electronic components]]></category>
		<category><![CDATA[electronic components outlet]]></category>
		<category><![CDATA[Flash]]></category>
		<category><![CDATA[Flex]]></category>
		<category><![CDATA[HTML]]></category>
		<category><![CDATA[internet application]]></category>
		<category><![CDATA[online catalog]]></category>
		<category><![CDATA[OpenLaszlo]]></category>
		<category><![CDATA[RIA]]></category>
		<category><![CDATA[server application]]></category>
		<category><![CDATA[user experience]]></category>
		<category><![CDATA[Verical]]></category>
		<category><![CDATA[website]]></category>

		<guid isPermaLink="false">http://www.verical.com/comm/?p=197</guid>
		<description><![CDATA[By Jes Lefcourt
The Flex programming language has yet to fully catch on in the B2B world. It should. People shopping on B2B websites increasingly expect the performance and experience they get from the B2C sites they use at home (or when the boss isn’t looking). Websites that incorporate Flex perform like a desktop-resident application. The [...]]]></description>
			<content:encoded><![CDATA[<p><strong>By Jes Lefcourt</strong></p>
<p>The Flex programming language has yet to fully catch on in the B2B world. It should. People shopping on B2B websites increasingly expect the performance and experience they get from the B2C sites they use at home (or when the boss isn’t looking). Websites that incorporate Flex perform like a desktop-resident application. The effect is addictive to users, in the same way that the iPhone is. Exponential improvement in ease of use locks in business users who prize speed and convenience in their online purchasing. As I discuss below from a general business perspective, Flex delivers B2B performance muscle.</p>
<p>Flex enables common, best of industry development practices and methodologies for delivering rich internet applications. A classic problem with the HTML/Ajax applications is they don’t grow very well, due to the lack of an object-oriented, component model designed to support large application development. The projects aren’t very well organized, and it’s difficult for teams to work on them. Flex lets you take a programmatic, object-oriented approach to writing applications that are ultimately delivered via Flash. Delivery over Flash allows for browser-embedded applications with nearly the power of an Applet, without Java’s poor install base or common installation complexity.</p>
<p>We chose Flex because 1) it offers a more professional programming approach and 2) it lets you build a website that is much more cinematic and interactive than the typical website built in Ajax or HTML. Visit verical.com and you’ll see things transition very smoothly. There are no page refreshes. We can perform advanced operations like in-place sort, resize and rearrange table columns, dynamic filtering, auto complete, etc. All of those operations would be time consuming and non-componentized in Ajax, but they’re relatively simple using Flex.</p>
<p>Verical was originally written in OpenLaszlo, another rich Internet application technology that preceded and competes with Flex. Verical migrated to Flex over the past year or so because, among other reasons, Flex is better supported for newer versions of Flash. As a result, we can take advantage of the features in newer versions of Flash, which means that our website runs much, much faster.</p>
<p>Other benefits of Flex? It enforces the separation between the client and server. We’re not creating HTML views that the user then sees. Instead, we have a server application that communicates with the Flex application via open standards. That separation lets us easily create additional applications— e.g., our browser extension—that consume the same information. Likewise, the separation of resource bundles under Flex makes it much easier to do things like internationalize and update site assets compared to HTML. And Flex Builder, Adobe’s IDE, is much nicer to work with than a standard HTML editor.</p>
<p>Finally, but of no small import, as any web developer can attest, delivering an application via Flash/Flex prevents browser differences from interfering with the users’ experience of the web site. Flex eliminates the web development headaches of sites looking different in different browsers, or things working in one browser and not working in another. This translates to significantly reduced development and QA time, and also to a much more stable, consistent experience for our users.</p>
<p>Despite the advantages, a small percentage of businesses still resist Flex. Here are two roots to the argument against.  First, building a website in Flex means your users need to run Flash, and business adoption of Flash lags behind the general user community. Second, Flex imposes an initial performance hit to deliver its overall performance gains: Our initial download time may be 1.5x that of a typical HTML page.</p>
<p>It’s also true, however, that businesses lag in Flash adoption by only a few percentage points, maybe 97 or 98 percent (business) vs. 99+ percent (consumers). And the few extra seconds it takes to initially load our site? That time is easily recovered in the first few sorting steps our customers take in search of their parts. Once on the Verical site, our customers blaze through the entire purchase process, doing things immediately that take minutes of page refreshing and waiting on other sites.</p>
<p>Bottom line: The development and user experience benefits of Flex are absolutely a key differentiator for Verical. Our relatively small development team is able to remain agile and responsive to the needs of our customers. And, at the end of the day, the web experience that we offer our customers is unparalleled in the electronic components industry and is among the best of what e-commerce on the web has to offer in general.</p>
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		<item>
		<title>Borrowing B2C Sensibilities to Build a Better B2B Experience</title>
		<link>http://www.verical.com/comm/blog/borrowing-b2c-sensibilities-to-build-a-better-b2b-experience</link>
		<comments>http://www.verical.com/comm/blog/borrowing-b2c-sensibilities-to-build-a-better-b2b-experience#comments</comments>
		<pubDate>Mon, 01 Feb 2010 16:44:14 +0000</pubDate>
		<dc:creator>Verical</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Avnet]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[B2C]]></category>
		<category><![CDATA[Bid Button]]></category>
		<category><![CDATA[distribution]]></category>
		<category><![CDATA[electronic component catalog]]></category>
		<category><![CDATA[electronic components]]></category>
		<category><![CDATA[electronic components outlet]]></category>
		<category><![CDATA[excess inventory]]></category>
		<category><![CDATA[online catalog]]></category>
		<category><![CDATA[shortage purchasing]]></category>
		<category><![CDATA[shortages]]></category>
		<category><![CDATA[supply chain integrity]]></category>
		<category><![CDATA[supply chain security]]></category>
		<category><![CDATA[Verical]]></category>

		<guid isPermaLink="false">http://www.verical.com/comm/?p=157</guid>
		<description><![CDATA[By Josef Ruef
It turns out that purchasing agents and other corporate buyers are no more forgiving than their consumer-oriented counterparts when it comes to slow, bulky ecommerce sites. And that frustration is playing a large role in the trend to make the online shopping experience faster, more efficient, and more convenient for B2B buyers.
In the [...]]]></description>
			<content:encoded><![CDATA[<p><strong>By Josef Ruef</strong></p>
<p>It turns out that purchasing agents and other corporate buyers are no more forgiving than their consumer-oriented counterparts when it comes to slow, bulky ecommerce sites. And that frustration is playing a large role in the trend to make the online shopping experience faster, more efficient, and more convenient for B2B buyers.</p>
<p>In the electronic components market, major players are revamping their B2B sites with B2C perspectives. Avnet has <a href="http://bit.ly/9FZ4H5">gone public</a> with its adoption of best practices from consumer sites like Amazon.com. In doing so, company officials admitted that on its previous ecommerce site, “many of our customers had to either be really patient or simply stubborn to make a successful purchase.”</p>
<p>Avnet’s investments in website upgrades have favorably influenced its bottom line. Since refreshing its B2B site, Avnet has seen a 75 percent annual increase in ecommerce revenue and a 50 percent annual increase in site visitors. Similarly, distributors like Premier Farnell, TTI, RS, and Digi-Key have seen their web sales soar. In fact, Digi-Key reports that 66 percent of its sales were received over the web.</p>
<p>Companies that lead the advances in online commerce do so by optimizing their websites to serve a specific buying audience. In electronic components, that audience is the array of buyers with time-critical requirements that use the web heavily to make purchases. For example, production buyers turn to the web when demand rises in the short term and exceeds planned supply. When this happens, volume buyers immediately become shortage buyers with time critical needs.</p>
<p>Historically, manufacturers and distributors have focused their efforts on forecasted distribution which has meant they have not advanced their online capabilities to optimally meet the demands of buyers with time critical requirements. But that’s starting to change. With the increased emphasis on lean manufacturing and persistent volatility in demand, buyers are facing an ever greater need for “on demand” access to supply.</p>
<p>Now more than ever, buyers want their online shopping experiences at work to be like the B2C experiences they have after hours, at sites like Amazon.com, Priceline.com, and the like. They expect it, and companies like <a href="https://www.verical.com/">Verical</a> are working to bridge the gap between the online shopping experiences in B2B and B2C ecommerce.</p>
<p>For instance, Verical’s recently-announced <a href="http://bit.ly/7MoMwN">Bid Button</a> gives shoppers a way to save extra money by submitting fixed bids on clearance items at prices lower than those published on Verical’s catalog listings. The one-click icon automates price negotiations between buyers and sellers, providing fast, hassle-free negotiations and immediate, definitive results. Buyers get instant confirmation of a bid’s acceptance or rejection.</p>
<p>As end-user demand continues to grow, companies will continue refining their B2B sites to reduce the number of screens, screen refreshes, and steps needed to complete a transaction. By making their sites flatter and faster, these companies reduce abandonment and increase conversion rates. Going forward, buyers can expect more B2C-influenced features like the Bid Button and a better overall B2B online shopping experience.</p>
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