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Subject: OASIS MEMBER NEWS: PricewaterhouseCoopers and Extricity Software Form Strategic Alliance
From: owner-announce@lists.oasis-open.org [SMTP:owner-announce@lists.oasis-open.org] Sent: Tuesday, October 26, 1999 12:39 PM Press contacts: Carolynn Sherby Doug Myers Extricity Software PricewaterhouseCoopers 650-596-4531 212-259-2083 csherby@extricity.com douglas.j.myers@us.pwcglobal.com PricewaterhouseCoopers and Extricity Software Form Strategic Alliance To Drive Global Mainstream Adoption Of RosettaNet E-Business Standards NEW YORK CITY--October 26, 1999 - Extricity Software, Inc., a leader in business-to-business e-commerce software, and PricewaterhouseCoopers, the world's largest professional services organization, have formed a strategic alliance to provide a comprehensive and packaged software and services solution dedicated to supporting and deploying RosettaNet electronic business standards. RosettaNet is an industry standards consortium dedicated to the development and deployment of electronic commerce partner interfaces to align the s upply chain business processes within the IT and electronic components industries. The PricewaterhouseCoopers and Extricity Software alliance provides the industry's first combined software and services solution that helps companies easily and rapidly implement the new RosettaNet e-business standards. Extricity Software recently announced the availability of a complete software solution named the Extricity AllianceInteract for RosettaNet. As an integrator of Extricity's AllianceInteract for RosettaNet business-to-business software, PricewaterhouseCoopers will help high tech companies implement the RosettaNet e-business standards. Extricity Software has rapidly become the de facto standard for leading IT companies which have committed to making the global use of RosettaNet's e-business processes a reality by February 2, 2000 and is currently the standard form of implementation of RosettaNet solutions at companies such as CompUSA and Solectron. PricewaterhouseCoopers and Extricity will form a dedicated team of resources focused on helping companies define and deploy RosettaNet solutions and align them with their mainstream business processes. "By drawing upon our knowledge of the high-tech industry and our leadership position in the e-business consulting arena, we will work with Extricity on providing strategic solutions for companies that need to quickly and easily implement the RosettaNet global e-business standards," said Marilyn Stemper, partner, PricewaterhouseCoopers. "PricewaterhouseCoopers and our new alliance focused on implementing RosettaNet solutions has uniquely pulled together everything needed to help businesses rapidly realize the power of a standards-based business-to-business solution that caters to the specific needs of the high tech industry," said Mark Wasiele, Extricity Software's vice president, strategic alliances. "PricewaterhouseCoopers now provides the last missing link - dedicated resources and experience to provide guidance and world-class implementation services for RosettaNet solutions." About PricewaterhouseCoopers 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. 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. About Extricity Extricity Software, Inc. is the premier provider of comprehensive, packaged business-to-business software solutions. The Extricity AllianceSeries family of XML-based e-commerce solutions allow Global 2000 companies to dramatically improve both their efficiencies and competitiveness by leveraging the Internet to automate critical business processes and the flow of information between partners, customers and suppliers. Founded in 1996, Extricity is a privately held company headquartered in Redwood Shores, Calif. with offices nationwide. Recently featured in Time Magazine as an example of highly innovative technology companies that are creating new business models based on business-to-business (B2B) electronic commerce, Extricity was also named by Fortune Magazine as one of the "Top 25 Enterprise Software Companies to Watch". # # # Note to editors: The name PricewaterhouseCoopers is one word, with upper case P, upper case C, and all other letters in lower case. Carolynn Sherby Director, PR and Analyst Relations Extricity Software 555 Twin Dolphin Drive, Suite 600 Redwood Shores, CA 94065 Direct 650-596-4531 Fax 650-596-1310 email: csherby@extricity.com www.extricity.com
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