File Transmission PressRelease

["Dr. Laurence Leff" <D-Leff@wiu.edu>]

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The OASIS Legal XML Member Section e-Contracts Technical Committee
announced that its members approved the Contract 1.0 as a Committee
draft.  This standard provides XML Markup that should
enable the efficient creation, maintenance, management, exchange
and publication of contract documents.   
It emphasizes
the narrative text and thus covers ticket contracts, standard form
business and consumer contracts and supports
a broad community of those preparing, negotiating and
using contract documents.  
It also is suitable
for the documents associated with the click-through agreements
that are ubiquitious on the web, particularly End-User
License Agreements (EULA's).
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The schema was specifically designed to support precedent documents,
documents thatmight be modified and reused in different situations or
document fragments that might be included in many
different contracts.    This makes the schema ideal for supporting
back-end processing systems with different end users   using their
choice of open-source or proprietary word processing software.
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All interested parties are encouraged to participate in the
OASIS Legal XML Member Section Technical Committee,
which remains open to new contributions.  As with all consortium
projects, archives of the Committee's work are accessible to both
members and non-members, and OASIS hosts an open mail list for public
content on the work.
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Additional Information:
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OASIS Legal XML Member Section eContracts Technical Committee
http://www.oasis-open.org/committees/legalxml-econtracts
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About OASIS:
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OASIS (Organization for the Advancement of Structured Information Standards) is a not-for-profit, international consortium that drives the development, convergence, and adoption of e-business standards. Members themselves set the OASIS technical agenda, using a lightweight, open process expressly designed to promote industry consensus and unite disparate efforts. The consortium produces open standards for Web services, security, e-business, and standardization efforts in the public sector and for application-specific markets. Founded in 1993, OASIS has more than 5,000 participants representing over 600 organizations and individual members in 100 countries. Approved OASIS Standards include AVDL, BCM, CAP, DITA, DocBook, DSML, ebXML CPPA, ebXML Messaging, ebXML Registry, EDXL-DE, EML, OpenDocument, SAML, SPML, UBL, UDDI, WSDM, WS-Reliability, WSRF, WSRP, WS-Security, XACML, XCBF, and XML Catalogs. http://www.oasis-open.org
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OASIS Press contact:
Carol Geyer
Director of Communications, OASIS
carol.geyer@oasis-open.org
+1.978.667.5115 x209
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