OASIS MEMBER NEWS: PricewaterhouseCoopers Adopts Extensibility's XML Authority

[Laura Walker <laurawalker@earthlink.net>]

From: margot carmichael lester <margot@thewordfactory.com>



For Immediate Release

PricewaterhouseCoopers Adopts Extensibility's XML Authority
as a Key Component of Its Universal Data Interface (UDI) Middleware 
Product

New York, N.Y. -  (November 8, 1999) -- PricewaterhouseCoopers, the 
world's largest professional services organization, and Extensibility, 
Inc., the leading XML schema solutions provider, have joined forces to 
provide schema formation capabilities to PricewaterhouseCoopers' UDI 
middleware product designed for e-business applications. Extensibility's 
XML Authority will be integrated into UDI to design and manage XML-based 
grammars.

PricewaterhouseCoopers and J.P. Morgan & Co. Incorporated jointly proposed 
FpML(tm) (financial products markup language), a new protocol for 
Internet-based electronic dealing and information sharing of financial 
derivatives, initially handling interest rate and foreign exchange 
products. FpML enables Internet-based integration of a range of services, 
from electronic trading and confirmations to portfolio specification for 
risk analysis. Extensibility's XML Authority also is being used to design, 
document and manage the FpML schema.

The UDI server engine is an established middleware technology with more 
than one dozen sites currently in production.  In addition to its 
extensive connectivity and middleware functionality, the UDI also is a 
high speed validating XML parser, with XML-based object definitions.

PricewaterhouseCoopers developed the solution to help clients make the 
transition from proprietary record structures to standardized structures 
on XML, notes Adam Greisman, director in the New York Financial Services 
practice of PricewaterhouseCoopers. "Seamless data integration doesn't 
work without schemas, so we've integrated XML Authority to enable UDI 
customers to more easily make the transition from proprietary record 
structures to the open XML standards and structures."

UDI is used by PricewaterhouseCoopers consultants to enable:

* Business-to-Business transaction processing over the web.
* Financial products and derivative processing (using FpML).
* ERP integration and reporting (leveraging FRXML).
* Real-time and EAI applications (using MQ Series or other 
message-oriented middleware).
* High-speed point-to-point data integration (using the UDI's ETL 
capability).
* End-user data analysis and client side computing (UDI runs in Windows 95 
and is laptop friendly).

"We're delighted to have been selected to be part of 
PricewaterhouseCoopers' UDI platform," said Reid Conrad, Extensibility's 
CEO and president. "The combined components of UDI give users a 
high-bandwidth platform for XML-based ebusiness and ecommerce 
applications."

XML Authority is currently used by thousands of organizations to build 
XML-based e-business vocabularies and grammars. The acceleration of 
e-business depends heavily on the use of XML schema to ensure the 
integrity of automated transactions and information interchange.

-more-

About PricewaterhouseCoopers
PricewaterhouseCoopers (www.pwcglobal.com) is the world's leading 
professional services organization. Drawing on the knowledge and skills of 
150,000 people in 150 countries, we help our clients solve complex 
business problems and measurably enhance their ability to build value, 
manage risk and improve performance. PricewaterhouseCoopers refers to the 
US firm of PricewaterhouseCoopers LLP, and other members of the worldwide 
PricewaterhouseCoopers organization.

The Management Consulting Services (MCS) practice of 
PricewaterhouseCoopers helps companies harness the competitive benefits of 
E-Business by integrating strategic change, performance improvement and 
technology solutions. MCS provides a range of industry-specific E-Business 
services designed to provide total solutions to global companies and 
Internet start-ups. These services include e-business strategy, process 
redesign and improvement, systems and applications design and 
implementation, gap assessment, web design and development, and 
outsourcing. To augments its services, MCS is making investments in and 
forming relationships with companies that provide services in three key 
areas:  web design, e-products and e-transactions.

About Extensibility, Inc.
Extensibility, Inc., (http://www.extensibility.com/) is the leading 
provider of enabling technologies for XML schemas.Thousands of 
organizations, including industry initiatives such as BizTalk 
(http://www.biztalk.com/), FpML (http://www.fpml.com/) and Acord 
(http://www.acord.com/) use XML Authority to build Internet-ready business 
and industry vocabularies for next generation e-business applications. 
Extensibility is a strategic partner with leading companies such as 
Microsoft (MSFT; http://www.microsoft.com/), CommerceOne (CMRC; 
http://commerceone.com/), OneSoft (http://www.onesoft.com/) and Quark 
(www.quark.com). Based in Chapel Hill, N.C., the company was founded in 
1998 and is a member of the W3C Schema Working Group and OASIS.


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Note to Editors: The name PricewaterhouseCoopers is one word, with upper
case P, upper case C, and all other letters in lower case.

Extensibility and XML Authority are trademarks of Extensibility, Inc.
All others are properties of their respective holders.

For more information:
Reid Conrad, CEO
919.968.4669
reidc@extensibility.com

Suite 250, 200 West Franklin Street, Chapel Hill, NC  27516
Telephone: 919.969.6500                   Facsimile: 800.854.6683
www.extensibility.com 	    http://www.extensibility.com/


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