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Subject: OASIS MEMBER NEWS: WEBMETHODS LAUNCHES EUROPEAN OPERATIONS
From: Dustin Smith <dsmith@schwartz-pr.com> Subject: webMethods Press Release FOR IMMEDIATE RELEASE Contacts: Jennifer Tansey Lauren Arnold or Chantal Yang webMethods, Inc. Schwartz Communications, Inc. 703-460-2554 781-684-0770 jtansey@webMethods.com webMethods@schwartz-pr.com WEBMETHODS LAUNCHES EUROPEAN OPERATIONS Global demand for B2B e-commerce solutions drives expansion into Benelux, Germany and Great Britain FAIRFAX, Va.-November 1, 1999-webMethods, Inc., a leading provider of open solutions for business community integration, today announced the company opened a European head office in Hilversum, in The Netherlands, along with sales and service offices in Frankfurt, Germany and Reading, England. Chris van der Harst, general manager, will oversee European operations from the company's headquarters office in The Netherlands. "Major corporations throughout Europe are recognizing the need for tighter linkages with customers, suppliers and partners," said Phillip Merrick, president and CEO of webMethods. "This expansion is a natural progression for webMethods." webMethods B2B(tm), the company's flagship product, provides a comprehensive solution that allows organizations to effectively realize their business community integration (BCI) strategies by tightly and seamlessly linking customers, suppliers and B2B marketplaces into real-time trading networks. Through broad support of open standards and protocols, such as XML, RosettaNet, FpML, cXML, OBI, OAG, ACORD, Microsoft BizTalk and legacy EDI, webMethods B2B connects integrated business communities and enables companies to conduct business over the Internet with minimal stress to corporate resources and existing infrastructure. With its recent European expansion and continued growth in the U.S., webMethods has nearly doubled in size over the past year and currently employs approximately 200 people worldwide. About webMethods, Inc. webMethods is a leading provider of open solutions for business community integration. As one of the first products to deliver XML-based e-commerce solutions, the webMethods B2B(tm) product suite leverages a variety of open Internet standards to automatically link business processes with those of key partners--without the time or expense of altering existing legacy, proprietary or ERP applications. Founded in 1996, webMethods is based in Fairfax, Va., with offices nationwide. Investors include Goldman Sachs, the Mayfield Fund and FBR Technology Venture Partners. More than 100 top companies worldwide--ranging from Dell to DHL to Cisco to Dun & Bradstreet--Erely on webMethods B2B. The company is a strategic partner of Microsoft, SAP AG, Sterling Commerce, Ariba, Intelisys Electronic Commerce, Clarus, PSDI and MRO.com. webMethods continues to receive recognition as a leader in business-to-business e-commerce solutions. Recent accolades include Red Herring's Top 50 Private Companies for two consecutive years (1999 and 1998) and the 1999 Upside Hot 100. For more information, contact webMethods, Inc. by phone at 703-460-2500, via e-mail at info@webMethods.com or on the Web at http://www.webMethods.com. # # # webMethods and webMethods B2B are trademarks of webMethods, Inc. All other company and product names are property of their respective owners. ________________________________________ Dustin P. Smith Schwartz Communications, Inc. Prospect Place, 230 Third Avenue Waltham, MA 02451 p. 781.684.0770 f. 781.684.6500 www.schwartz-pr.com
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