On July 25, Fourth Shift Corporation and SupplierMarket.com announced a partnership that will enable purchasing professionals to locate ideal trading partners, submit RFQs for new contracts, and receive the results of reverse auctions, all from their familiar Fourth Shift vendor operations, manufacturing planning and scheduling, and product definition screens. Earlier, on July 18, Fourth Shift Corporation reported a loss of $.37 per share for the second quarter ended June 30, 2000.
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Fourth Shift acquired underlying technology for these applications, which it calls e-Business Centers, through the purchase of Computer-Aided Business Systems (CABS), which specialized in developing workflow-based e-business solutions. This acquisition has also somewhat mitigated the company's multi-site product functionality, which was mediocre in the past. Fourth Shift offers products and services for e-commerce, including but not limited to online catalogs, Internet storefronts, online credit