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Subject: OASIS MEMBER NEWS: SoftQuad Software and Vignette Announce Partnership and Integrated XML Content Solution for e-Business
News Release SoftQuad Software and Vignette Announce Partnership and Integrated XML Content Solution for e-Business SoftQuad's XMetaL seamlessly integrates with the Vignette V/5 eBusiness Platform™ Toronto, ON – May 2, 2000 – SoftQuad Software, Ltd. (OTC BB: SXML), a leading developer of XML enabling technologies and commerce solutions for e-business, and Vignette Corporation (NASDAQ: VIGN), the leading supplier of e-business applications for building online businesses, today announced that they have partnered to provide e- businesses with a comprehensive platform for implementing and deploying XML-based content solutions. Through the integration of SoftQuad's XMetaL, the leading XML content creation platform, and the Vignette V/5 eBusiness Platform, businesses can now leverage the use of XML technology. XML is the preferred format for e-commerce information interchange, and this partnership leads to the seamless deployment of Web-based solutions that capture content from a wide variety of sources, and integrate it with both internal and external systems. SoftQuad Software has become a Vignette Technology Partner and will also become a Vignette V2B Services partner. Vignette V2B Services streamline the process of purchasing, implementing, and using e-business applications. Vignette V2B Services are provided via the Vignette V2B MarketPlace and Vignette V2B Communities. "The Vignette architecture is fast becoming an industry standard. They have proven that building a successful e-business requires personalized and highly targeted information," says Roberto Drassinower, president and CEO, SoftQuad Software, Ltd. "Vignette is using XML to build B2B networks for e-businesses and XMetaL will provide greater flexibility in capturing and distributing e-commerce content both within an organization and throughout its partner network. Together, Vignette and SoftQuad are providing e- businesses with a powerful platform to implement XML-based e-commerce solutions." SoftQuad Software's XMetaL 1.2 is an advanced, yet easy-to-use XML authoring solution designed to streamline content creation. The Vignette V/5 eBusiness Platform provides native support for XML content. The seamless integration of the two products gives e-businesses the ability to efficiently create and work with XML documents within a productive workflow environment, enabling the delivery of personalized content that attracts customers and builds successful e-relationships more quickly than ever before. "To create a successful and groundbreaking e-business strategy with a personalized content delivery system using XML, you have to make it easy to create XML content, and utilize it in a real-world production environment," says Bill Daniel, senior vice president of products, Vignette Corporation. "The integration of XMetaL with our V/5 eBusiness Platform provides our customers the most effective XML solution available." With XMetaL's word processor-like interface, more people within an organization can quickly create content directly in XML, or convert documents from other formats including Microsoft Word and Microsoft Excel, into XML. Content creators can then save XML documents directly within the Vignette V/5 eBusiness Platform production workflow. To further streamline the approval and revision process, XML content can be retrieved and submitted to Vignette's Web-based workflow management interface or directly from within XMetaL. The transparency of the integration dramatically decreases the costs associated with providing an XML content solution and accelerates the speed with which e-businesses can deliver customized content to their customers. About Vignette Corporation Vignette Corporation (NASDAQ: VIGN) is the leading supplier of eBusiness applications for building online businesses. Vignette's products enable Internet businesses to create and extend relationships with prospects and customers and ease high- volume transaction exchanges with suppliers and partners, all of which enhances customer satisfaction. Vignette powers more than 500 of the leading dot.com and Fortune 500 e-businesses, including AT&T, BMW, CBS Broadcasting, CNET, Daimler/Chrysler, Simon & Schuster, Sprint, Tandy Corporation, and United Airlines. Headquartered in Austin, Texas, Vignette Corporation has offices located throughout Europe, Asia, and in Australia and can be found on the Web at http://www.vignette.com. About SoftQuad Software, Ltd. SoftQuad Software, Ltd. (OTC BB: SXML) is an internationally recognized developer of XML enabling technologies and commerce solutions for e-business. SoftQuad's XMetaL, the world's first advanced, yet easy-to-use, XML content creation solution, is the premier enabling technology for XML-based content applications in e-publishing, e- commerce and knowledge management. SoftQuad is targeting the growing business-to- business (B2B) marketplace with MarketAgility, a supply-side content solution that allows companies to effectively join and compete in B2B e-markets. Headquartered in Toronto, Canada, and with European operations based in London, England, SoftQuad is a founding member of, and active participant in, the World Wide Web Consortium (W3C), the Organization for the Advancement of Structured Information Standards (OASIS) and XML.org. For more information, visit SoftQuad's website at http://www.softquad.com - 30 - Caution Concerning Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipates", "estimates", "expects", "will", "should", "projects", "intends", "plans", "believes" and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such forward-looking statements. Those forward-looking statements are management's present expectations of future events. As with any projection or forecast, they are inherently susceptible to uncertainty and changes in circumstances. SoftQuad is an early-stage growth company that operates in a highly competitive and rapidly changing environment, and its business results are dependent on numerous factors, including demand for its products and services, its ability to manage costs and generate revenues, technological developments, protection of its intellectual property rights, its ability to attract and retain key personnel, the resolution of issues concerning commercial activities via the Internet, including security, reliability, cost, ease of use and access, government regulation, risks related to international sales and potential foreign currency exchange fluctuations, economic, political and social conditions in the countries in which it operates and other risks detailed from time to time in periodic reports filed by SoftQuad with the U.S. Securities and Exchange Commission and other regulatory authorities. SoftQuad's actual results could differ materially from management's expectations because of changes in such factors. For further information on SoftQuad Software, contact: Sacha De Groot ITPR (for SoftQuad Software) (416) 860-3899 ext. 8026 Sacha@itpr.com For further information on Vignette Corporation, contact: Stephanie Hernandez Vignette Corporation (512) 306-4610 hernandez@vignette.com Fax: +1 978 667 5114
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