June 26, 2000
OpenAir Forms Partnership with UK-based Genient to Expand Web-Native Business
Services to Europe
Transatlantic Partnership Gives European Small and Medium Sized Enterprises the Power to
Make Business Processes More Efficient
Boston (June 26, 2000) - Small and medium sized businesses across Europe will soon have
access to the most powerful suite of Web-native business services through an alliance
between OpenAir and Genient. OpenAir is
the recognized leader in Web-native professional services automation (PSA) applications.
The U.K.-based Genient, to be launched this fall, is an integrated Application Service
Provider (ASP) that provides tailored Internet applications to small and medium sized
businesses throughout the United Kingdom and Europe.
By introducing a version of OpenAir that is customized to meet the needs of the EU
market, the Genient and OpenAir partnership will solve several unique challenges
that face European businesses, including invoicing in multiple currencies and
maintaining accounting practices that conform to continent-wide regulations.
"OpenAir is excited about the range of opportunities that the partnership with
Genient will create," said Bill O'Farrell, CEO and founder of OpenAir. "Together we
can expand the offering of powerful Web-native services to our common audience, saving
them money and increasing their efficiency."
"Genient is delighted to be the first European partner for OpenAir," said Andrew
McGregor, VP of Marketing at Genient. "The state-of the-art technology at OpenAir
has been tailored specifically for the European market and will integrate seamlessly
with Genient's small business focused services. I am confident that the attractiveness
of OpenAir products will play a key role in the successful adoption of Genient's
services in Europe."
OpenAir, founded in 1999 as Timebills.com, is a trusted Web-native platform of
seamlessly integrated services that efficiently and economically streamlines business
processes. Headquartered in Boston, OpenAir expedites the circulation of company
information through a network of linked administrative services. These services allow
professionals to build and submit proposals, analyze employee time, report and approve
travel expenses, track and bill time, create and deliver invoices, and outsource payroll
and expense reimbursement. OpenAir currently helps more than 30,000 professionals
remove the frustration associated with common business tasks to drive revenue more
OpenAir is available 24 hours a day, seven days a week, supports all major Internet
browsers and is easily accessed from any Internet-equipped computer. All data is backed
up on state-of-the-art servers, encrypted, password protected and only accessible to the
Genient is an integrated application software provider (ASP) that allows small
businesses to run their back office functions over the Internet and is the first UK
company to produce a bespoke service focusing on this growing part of the European
economy. The company, founded in December 1999 by Eric Guilloteau and Warrick Taylor,
brings together a senior management team from the e-business and technology fields in
the UK and USA. Backed by Atlas Ventures and a number of high-profile individual
investors including Mark Hoffman, Chief Executive of CommerceOne, Genient will help SMEs
to connect with customers, suppliers and staff over the Internet. The service will
launch this fall.