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EVERGREEN ADOPTS BOLERO PAPERLESS INTERNET PLATFORM

EVERGREEN ADOPTS BOLERO PAPERLESS INTERNET PLATFORM

   Taiwan-based Evergreen Marine Corp. said it plans to offer paperless
trading in its transactions worldwide through the "bolero.net" secure internet
communications system.
   Evergreen took part in the bolero.net test program last year. Evergreen’s
vice chairman George Hsu said the system will afford his company a competitive advantage.
The system will improve cash management, supply chain management and ownership
transactions, as well as provide a platform on which to build further value-added
services, he said
   Bolero is an open system, has a legal framework, has security of transactions
and has inter-operability, said Peter Scott, commercial director of the company.