Click Commerce to Repurchase Shares Held by Elance
May 25 2006 - 8:15AM
Business Wire
Click Commerce, Inc. (Nasdaq:CKCM), a leading provider of on-demand
supply chain management solutions, announced today that the Company
has entered into an agreement with Elance, Inc. to repurchase
420,123 shares of the company's common stock for $19 per share.
These shares were issued in connection with the Company's
acquisition of certain business assets from Elance on February 8,
2006. About Click Commerce Click Commerce, Inc., (Nasdaq:CKCM), a
leading provider of on-demand supply chain management solutions,
enables millions of users in 70 countries to collaborate, in real
time, with business partners across the extended enterprise. Click
Commerce solutions support the unique business processes of
multiple industry segments such as manufacturing, aerospace and
defense, high-tech, and research and healthcare. Click Commerce
enables corporations including Alaska Airlines, BASF, Citibank,
Delphi, Eastman Kodak Company, Jabil Global Services, Lockheed
Martin, Microsoft, Pier 1, Ryder, and Verizon to coordinate and
optimize business processes, accelerated revenue, lower costs, and
improve customer service. More information can be found at
www.clickcommerce.com.
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