02 April 2007

The Management launches a new Start-up with former associates

STOCKHOLM, SWEDEN, April 2, 2007 - The Management AB, today announced it will launch a new start-up and make investments together with former associates to capitalize on previous successes in the e-commerce industry. The start-up will carry out a unique set of software tools enabling suppliers and buyers to connect in the B2B market place.

The start-up, Sourzepoint AB, a Swedish based firm, will offer a complete web-based service for suppliers and buyers in the need for an electronic catalogue content management and publishing solution. The Sourzepoint Service will contain a common repository of different categorization systems often described as nomenclatures to support suppliers and buyers from different industry sectors.
The common reference standard is based on the usage of UNSPSC, United Nations Standard Products and Services Codes, with correlations to other actual international and local industry standards/nomenclatures

"We are both excited to move into the e-commerce field yet again were our path once started back in the nineties. We are sure that our experience from the past will enable us to kickoff also this start-up and make it a great success. We will both be having direct involvement through Executive positions," said Messrs. Sagadin & Rudlang.


For more information, please contact:

Anders Sagadin or Anders Rudlang, The Management AB.

anders.sagadin@themanagement.com, Phone +46 8 410 064 70
anders.rudlang@themanagement.com, Phone +47 90 05 80 20

The Management AB, a Venture Management Corporation with its primarily focus in the Software Industry, takes positions through Interim Management roles or via direct investments in turn-around prospects to utilize on its immense experience from decades of successful management and deep understanding of the Industry and deep cross-cultural awareness.

The Management launches a new Start-up with former associates (pdf)