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Subject: OASIS member news: XMLGlobal & UDDI
Press Release XMLGlobal Technologies Inc. Joins the UDDI e-Commerce Standards Initiative Vancouver, B.C., September 12th, 2000 - XMLGlobal Technologies, (www.xmlglobal.com), a provider of XML based e-business software solutions, today announced it has joined the UDDI (Universal Description, Discovery and Integration) project. The UDDI initiative is being developed through a collaboration of Ariba (Nasdaq: ARBA), IBM and Microsoft. As a member of the UDDI team XMLGlobal Technologies will participate in the development of a standard registry of services to help companies rapidly and efficiently extend their B2B marketplaces. UDDI (Universal Description, Discovery and Integration) is a web services registry and standard created to lower the barriers to entry and costs of doing business on the web. As businesses migrate directly to the internet they will register their various web-based applications such as procurement, supply chain and marketplace as services in UDDI, making it simpler for other businesses to discover and integrate with them. This will allow the many SMEs (small to medium enterprise) who are migrating to the internet, a standard way of being discovered and integrated into net marketplaces and online applications. At the same time the UDDI project will provide a forum for large corporations to improve their e-business initiatives with the rapidly growing number of online suppliers and customers. “As a recognized provider of XML based e-business software solutions XMLGlobal Technologies will make significant contributions to the UDDI project,” said Peter Shandro, CEO of XMLGlobal Technologies. “The fundamental conceptual thinking behind our flagship products, www.goxml.com ™, the world’s premier context based XML search system, and ExpressXCHG™, a patented native XML transformation software solution, has been a commitment to break down the technology and cost barriers preventing many companies from migrating to the internet. With the UDDI initiative and XMLGlobal’s proven technology we believe we have a powerful end to end solution for the many companies looking to make the B2B move and participate in the fastest growing segment of the e-business market today.” In addition to its support for UDDI, XMLGlobal Technologies is actively involved with ebXML (the Electronic Business XML Initiative - www.ebxml.org), a worldwide project to standardize the exchange of electronic business data. ebXML is sponsored by the UN/CEFACT and OASIS (Organization for the Advancement of Structured Information Standards) and is currently supported by hundreds of industry consortia, standards bodies and corporations from around the globe. Members of the Global Commerce Initiative (GCI) recently announced plans to use ebXML as the backbone of their new data exchange standard for business-to-business trade in the consumer goods industry. GCI members include 40 major manufacturers and retailers as well as eight trade associations, which in total represent 850,000 companies around the world. About XMLGlobal Technologies Inc. XMLGlobal Technologies Inc. is a leading provider and developer of highly scalable XML based e-business software solutions designed to allow organizations to optimize information integration, retrieval and manipulation. XMLGlobal’s technology allows customers to aggressively leverage existing legacy systems to facilitate seamless enterprise to enterprise information exchange over the internet and intranet. XMLGlobal’s flagship products, the patent pending XML based search engine www.goxml.com ™ and its patented ExpressXCHG™ software are designed to maximize the effectiveness of information exchange while minimizing capital expenditures in IT overhead. XMLGlobal’s pioneering XML based technology is an integral part of the infrastructure required for companies to participate on the leading edge of e-business. For further information please visit our website at www.xmlglobal.com or call the numbers below. Safe Harbor Provision for Forward-Looking Statements The statements contained in this release include forward-looking statements subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. All statements are based on the company's current knowledge and specific assumptions with respect to future business decisions. The actual results of XMLGlobal Technologies Inc. may differ materially from those indicated by these forward looking statements as a result of various important factors, including, but not limited to, those discussed in the Risk Factors section of XMLGlobal Technologies’ recent registration document, SB-2A, which is on file with the Securities and Exchange Commission. PR Contact Information Contact Anthony Dutton Director of Corporate Communications Phone 1-604-717-1100 ext.112 1-800-201-1848 ext.112 Fax 1-604-717-1107 Email anthony.dutton@xmlglobal.com Web www.xmlglobal.com
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