|The assets and customer base of Business Web have been purchased by Cybersmart.
Cybersmart is familiar to Business Web customers, having both developed and hosted the site since its conception in 1999.
There will be no interruption of services and Business Web's new management team will be focussing on improving the aesthetics and
functionality of the site.
As one of the first procurement hubs launched in South Africa, Business Web has attracted over 14 000 participants. To date, the platform
has facilitated significant transactions and Cybersmart will now employ its Electronic Funds Transfer (EFT) and 3rd party payment system to power ecommerce on the site.
Cybersmart uniquely combines software development with hosting expertise enabling it to provide Business Web subscribers with a
combination of reliable infrastructure and ongoing technology innovation.
Cybersmart's aggressive growth plans for Business Web will position it as a user-friendly portal for facilitating business-to-business exchange.
With thanks for your ongoing loyalty to our trading environment.
Team Business Web