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Subject: WEBMETHODS INTRODUCES WEBMETHODS FOR TRADING NETWORKS
- From: Erin Del Llano <email@example.com>
- To: firstname.lastname@example.org
- Date: Mon, 11 Sep 2000 10:08:39 -0400
FOR IMMEDIATE RELEASE
Arnold or John Moran
WEBMETHODS INTRODUCES WEBMETHODS FOR TRADING NETWORKS
New Solution Provides the Most Advanced Infrastructure for Companies to
Effectively Build, Manage and Analyze B2B Trading Networks
FAIRFAX, Va.September 11, 2000webMethods, Inc. (Nasdaq: WEBM), the
leading provider of business-to-business integration (B2Bi) solutions,
today unveiled webMethods for Trading Networks, a software package that
will provide Global 2000 companies and B2B marketplaces with a packaged
infrastructure for building,
managing and analyzing B2B trading networks. With webMethods for Trading
Networks, organizations now have a point-and-click solution for profiling
partner interactions, defining document exchange, and establishing
business process rules between companies. In addition, this next
generation product offers operational and business-level views of the
flow of information through the network, allowing companies to understand
the business impact and R.O.I. of their entire range of B2Bi
The explosive growth of B2B has created a demand for B2B e-commerce
that support direct integration with trading partners, connectivity to
industry leading marketplaces and development of extended trading
networks. Now more than ever, companies need a scaleable way to build the
necessary B2B infrastructure to manage their partners and the
interactions between them, and to measure the
effectiveness of these interactions.
webMethods for Trading Networks solves this complex business problem by
bundling a configurable trading network infrastructure with graphical
monitoring, management and analysis tools. With streamlined profiling
capabilities and robust operational management tools to maintain the
health of the network,
webMethods for Trading Networks enables seamless integration of trading
partners regardless of their level of technological sophistication.
Additionally, webMethods for Trading Networks offers visibility into an
network processes and adds intelligence to their B2B initiatives through
sophisticated data analysis.
“This innovative business solution is a direct result of webMethods
listening to the needs of our more than 200 B2B customers,” said Kristin
Weller, vice president, B2B Product Development, of webMethods, Inc. “We
combined our B2B best practices with innovative architectures to create a
solution that helps
remove complexity and drive forward the adoption of robust B2B trading
webMethods for Trading Networks has been “previewed” with webMethods
customers: Eastman Chemical Company, Retek and Ventro.
“webMethods for Trading Networks packages our B2Bi infrastructure needs
and allows us to better focus on the business aspects of our B2B
initiatives,” said Bill Graham, program lead for Eastman Chemical
Company’s Integrated Direct Initiatives.
“webMethods for Trading Networks integrated approach is unique and
reflects substantive B2B experience. Its blend of a packaged yet
flexible solution nicely addresses the needs of advanced trading networks
like retail.com,” said Morgan Day, vice president of development,
e-Business at retail.com.
Features of webMethods for Trading Networks
webMethods for Trading Networks provides a comprehensive solution for
building, managing and analyzing B2B trading networks. Key features of
webMethods for Trading Networks include:
-- Trading Engine powers the transactional hub of the network and
includes document recognition, validation, tracking, management, and
digital signature verification. In addition, the trading engine
integrates partner preferences and constraints with the rules governing
the processing of information. The trading engine’s optimized business
processing allows companies to create
conversation independent, network-based workflows for business documents.
One or multiple partner, document, or process attributes can be
automatically inspected in real-time and utilized to dynamically route
information through the network.
-- Internet-based Transaction Management provides a graphical user
interface to manage and track a partner’s profile and business documents
through the trading network. It also extends the reach of the trading
network to all partners, regardless of their technical sophistication.
Partners can integrate with the trading network through a wide range of
options, from e-mail to a web browser to
a fully-integrated back-end solution. Trading partners can easily
accomplish a variety of transaction management tasks, such as registering
on the trading network, editing their trading partner profile, and
viewing and creating transactions.
-- Trading Network Management allows trading hubs to effectively manage a
network of thousands of trading partners through a graphical interface
that provides intuitive information about transactions and trading
partner “health” in real time. At-a-glance operational management views
ensure maximum performance levels, and business analysis reports depict
the latest trends flowing through the network. In addition to native
reporting capabilities, an
open architecture allows third-party tools to be used to interpret and
understand the data flowing through the trading network.
Pricing & Availability
webMethods for Trading Networks is priced on a per CPU basis with prices
starting at $350,000 and will be generally available at the end of
September. For more information about webMethods for Trading Networks,
or email info@webMethods.com.
webMethods provides a complete B2Bi solution that allows organizations to effectively realize their e-commerce strategies. The webMethods product family was designed to provide broad support for open standards and protocols, such as XML, RosettaNet, ebXML, FpML, cXML, xCBL, OBI, OAG, ACORD, BizTalk framework and
EDI. Through support of these standards, webMethods products provide seamless integration both within the enterprise and across the Internet to trading networks and B2B marketplaces.
About webMethods, Inc.
webMethods, Inc. (Nasdaq: WEBM) is the leading provider of software solutions for business-to-business integration (B2Bi). As the only company providing seamless B2Bi across the Internet and throughout the extended enterprise, webMethods provides Global 2000 companies and B2B marketplaces with a complete, end-to-end solution for integrating customers, suppliers and partners into real-
time B2B trading networks, while also increasing internal operational efficiencies. The webMethods product family allows companies to create new revenue opportunities, strengthen relationships with customers, substantially reduce supply chain inefficiencies and streamline internal
Founded in 1996, webMethods is based in Fairfax, Va., with offices across the U.S., Europe and Asia. With an emphasis on key vertical markets such as chemicals, financial services, high-tech manufacturing and telecommunications, webMethods has more than 425 customers worldwide--from Global 2000 leaders such as Citibank, Dell, Eastman Chemical Company, Fidelity Investments, Grainger,
Motorola and Starbucks to major B2B marketplaces like ChemConnect, e-STEEL and Ventro. webMethods’ strategic partners include Ariba, Commerce One, Deloitte Consulting, EDS, i2 Technologies, J.D. Edwards, KPMG, Microsoft, Oracle Corp., SAP AG and Siebel. More information about the company can be found at www.webMethods.com.
webMethods and webMethods B2B are trademarks of webMethods, Inc. All other company and product names are property of their respective owners.
This press release contains various remarks about the future expectations, plans and prospects of webMethods that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. The actual results of webMethods may differ materially from
those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Risk Factors section of webMethods’ recent Registration Statement on Form S-4 and the company’s annual report on form 10-K for the year ended March 31, 2000, which is on file with the Securities and Exchange Commission.
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