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Subject: Bolero.Net Joins Open Applications Group !
We are pleased to announce that Bolero.Net has joined the Open Applications Group! International trade has traditionally been fraught with financial, logistic and time inefficiencies, costing world business hundreds of billions of dollars every year. Created by the world's logistics and banking communities, Bolero.net is getting rid of these inefficiencies by moving world trade onto the Internet, allowing documents and data to be exchanged online between all parties in the trade chain. Bolero.Net offers: Seven out of the world's top ten banks have now signed up to Bolero.Net, as well as major trading houses such as Mitsui and Marubeni; and carriers such as K Line, Cosco and Evergreen. For more information on Bolero.Net, go here www.bolero.net. "We are very excited to have Bolero.Net join the Open Applications Group and we are looking forward to their knowledge and contributions to our international payment and settlement project." said David Connelly, President and CEO of the Open Applications Group. "Their experience is in this area is unrivaled and will ensure the success of this project."
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