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Subject: [announce] KBC Group NV Selects Arbortext to Enhance Banking andInsurance Services Applications
KBC Group NV Selects Arbortext to Enhance Banking and Insurance Services Applications Leading European Financial Institution to Implement Arbortext’s Multichannel Publishing Software ANN ARBOR, Mich., July 15, 2002 -- Arbortext, Inc., the only global provider of XML-based multichannel publishing software, today announced that KBC Group NV (SWX: KDB) has chosen Arbortext’s Epic Editor software and Epic E-Content Engine publishing engine to enhance its banking and insurance services applications. The KBC Group is a leading European financial institution employing approximately 43,000 people worldwide, including over 900 European branch offices throughout Belgium, France, Netherlands, Luxembourg, Ireland, Hungary and the Czech Republic. This initiative will establish an enterprise-wide system to collaborate, create and publish core business documents from the branch offices to provide customers with fresh, relevant banking and insurance summaries. “KBC chose Arbortext for its unmatched ability to create multi-language, multi-channel customized content,” said Luc Provoost, IT Department Manager, Insurance and Prestudies for KBC. “Arbortext enabled us to deploy an enterprise solution that could be used to create high quality, client oriented documents for multiple output channels. Arbortext allows us to deploy an enterprise solution that could be used simultaneously by 6,000 people to create daily summaries of banking transactions as well as publish general conditions of insurance contracts to our customers.” Accenture, one of the world’s leading consulting firms, worked closely with Arbortext and KBC to design and implement a system that supports the efficient creation and management of over 12.5 million pages of core business documents. Specifically, the system architecture is comprised of the following: · Arbortext Epic Editor. Used to develop the authoring application for various banking and insurance products as well as using a web-based template for the online creation and publishing through a web browser. · Documentum Adapter. Through a tight integration with Epic Editor, authors can connect to the Documentum Enterprise Content platform to manage content created using Epic Editor. · Epic E-Content Engine (E3). E3 supplements Documentum content management servers and the IBM WebSphere server to automatically assemble and publish core business documents from a single XML source to print, intranet, Web and HTML. As a result of this implementation, KBC expects to reduce the time for delivering new products, decrease the costs of document production, and support multiple formats of content and page layout for French, German, Dutch and English. “The KBC Group will continue to strengthen its leadership role by focusing its employees to deliver strategic value to its customers,” said Edwin van der Ouderaa, Financial Services Director for Accenture BeLux. “Accenture’s consulting and implementation expertise will help accelerate the implementation of this enhanced solution.” “Arbortext is pleased to work with the KBC Group to enhance its banking and insurance applications,” said Nathan Birtle, European Regional Vice President of Sales for Arbortext. “Successful organizations like KBC understand the importance of improving information quality by using multichannel publishing as a strategic opportunity to cut costs.” About KBC The KBC Bank & Insurance Group is one of the largest financial groups in Belgium, offering a complete range of financial products and services to its clients, whether private persons, institutions or corporations. Formed in June 1998 after the merger of Kredietbank, a retail and corporate bank, CERA Bank, a co-operative bank, and ABB, an insurance company, KBC is present today in more than 30 countries and has more than 43,000 employees worldwide. For more information please visit http://www.kbc.com. About Accenture Accenture is the world's leading management consulting and technology services organization. Through its network of businesses approach – in which the company enhances its consulting and outsourcing expertise through alliances, affiliated companies and other capabilities – Accenture delivers innovations that help clients across all industries quickly realize their visions. With more than 75,000 people in 47 countries, the company generated net revenues of $11.44 billion for the fiscal year ended August 31, 2001. For more information please visit http://www.accenture.com. About Arbortext Arbortext is the only global provider of XML-based multichannel software that enables the creation, editing and publishing of information to multiple media types – Web, print, CD-ROM, wireless – from a single source of content. Shipping since 1991, Arbortext’s standards-based software supports technical publishing, reference publishing and catalog publishing applications that enable enterprises to provide more accurate, cost-efficient, complete, timely, consistent and usable information on all media. Arbortext’s software is installed at over 300 large multinational organizations. Current customers include American Express Financial Services, Audi, Boeing, British Aerospace, Caterpillar, DaimlerChrysler, Ericsson Telecom, Ford, General Electric, GM, IBM, International Thomson Publishing, Lucent, Nokia, Nortel Networks, PeopleSoft, Pfizer, Qantas, Ricoh, Sun Microsystems, United Airlines, Volkswagen, Volvo and West Group. Arbortext is a founding member and active participant in the XML Activity of the World Wide Web Consortium (W3C). Headquartered in Ann Arbor, Michigan, USA, Arbortext has offices around the world. For more information please visit http://www.arbortext.com. # # # Contact: Beth Ambaruch Hugh Burnham Arbortext, Inc. Phase Two Strategies +1 734.327.6014 +1 212.530.7541 bea@arbortext.com hburnham@p2pr.com Nathan Birtle Arbortext, Inc. +44.207.559.3474 nbirtle@arbortext.com
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