Optimus signs $7.5 million joint internet venture with US Commerce One

Optimus signed a $7.5 million strategic agreement with US-based Commerce One to create a joint venture to build the first global platform used for business-to-business internet trade in Poland. Optimus will license the technology from Commerce One which will link Poland with 32 similar platforms around the world. Optimus will finance the investment from both its own assets and external loans. The license will form the core of a new joint venture company, where Commerce One will have a 10% or $1 million stake. Optimus president Dariusz Dabski is very happy about the agreement. According to him this is not only a success for his company, but for the w hole Polish economy. (Parkiet, page 2)