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Subject: GRAINGER AND WEBMETHODS EXPAND RELATIONSHIP TO INCLUDE ENTERPRISELICENSE AGREEMENT FOR END-TO-END B2Bi SOLUTION SUITE
- From: Erin Del Llano <edelllano@schwartz-pr.com>
- To: Announce@lists.oasis-open.org
- Date: Tue, 17 Oct 2000 08:34:57 -0400
FOR IMMEDIATE RELEASE
Contacts: Nicole
Keating Lauren
Arnold or Sarah Reed
webMethods, Inc.
Schwartz
Communications, Inc.
703-460-5960 781-684-0770
nkeating@webMethods.com webMethods@schwartz-pr.com
GRAINGER AND WEBMETHODS EXPAND RELATIONSHIP TO INCLUDE ENTERPRISE LICENSE
AGREEMENT FOR END-TO-END B2Bi SOLUTION SUITE
webMethods Provides Grainger with Complete B2Bi, Facilitating Business
Transactions Inside and Outside Enterprise Boundaries
FAIRFAX, Va.October 17, 2000webMethods, Inc. (Nasdaq: WEBM), the leading
provider of business-to-business integration (B2Bi) solutions, today
announced an enterprise- wide agreement with Grainger (NYSE: GWW), the
leading provider of maintenance, repair and operating (MRO) supplies in
North America. Grainger and webMethods have expanded their relationship
and entered into an enterprise software license agreement of webMethods
B2Bi Solutions Suite which enables Grainger to implement webMethods’
products and services across several of Grainger’s digital initiatives,
including Grainger.com?, FindMRO.comSM and TotalMRO.comSM.
Using webMethods B2B, Grainger has already integrated transactions from
Ariba, Commerce One and other leading marketplaces into their back-end
legacy systems. For example, FindMRO.com, Grainger’s leading marketplace
for strategic sourcing of hard-to- find MRO supplies, uses webMethods
B2Bi Solution Suite to connect with key suppliers in its database of more
than 14,000 companies. These integration initiatives provide Grainger’s
customers with real-time, customer specific pricing and availability
through those marketplaces.
For Grainger’s newest initiative, TotalMRO.com, webMethods provides
integration solutions for rapidly connecting to leading marketplaces such
as the Ariba® B2B Commerce Platform. TotalMRO.com provides customers with
real-time access to easily searchable product information, contract
pricing, and availability for millions of MRO supplies from major
distributors. In addition, TotalMRO.com will leverage webMethods
Enterprise, a software solution for quickly automating and streamlining
the flow of information across disparate internal applications, and
B2B.com, a Web-based rapid trading partner integration platform that
accelerates the process of deploying and maintaining extensive B2B
trading networks.
“This relationship delivers an immediate solution for enabling real-time
supply chain integration,” said Don Bielinski, group president of
Grainger. “webMethods provides unprecedented speed in trading partner
integration and excellent scalability for our Grainger digital
initiatives.”
“We are very excited to be chosen by Grainger as the enterprise-wide
software solution for their end-to-end integration needs. webMethods
solves Grainger’s marketplace integration problem by providing seamless
integration from Ariba and other marketplaces into their SAP systems,”
said Phillip Merrick, president and CEO of webMethods, Inc. “webMethods
will now arm Grainger with a comprehensive product and service solution
for integrating their customers and suppliers into efficient trading
networks.”
webMethods B2Bi Solution Suite
The webMethods B2Bi Solution Suite automates business processes inside
the enterprise and with partners and customers over the Internet. The
comprehensive solution suite includes the following B2B, enterprise,
mainframe and partner integration offerings that enable Global 2000
companies and B2B marketplaces to deploy a complete, end-to-end solution
for integrating customers, suppliers and partners into real-time B2B
trading networks, while also increasing internal operational
efficiencies.
About Grainger
W.W. Grainger, Inc. (GWW) with 1999 sales of $4.5 billion, is the leading
North American provider of maintenance, repair, and operating (MRO)
supplies and related information to businesses and institutions. Grainger
shares are traded on the New York and Chicago stock exchanges. For more
information, visit Grainger online at
www.grainger.com.
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 business processes.
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.
Grainger, Find MRO.com, Grainger.com, and TotalMRO.com are registered
trademarks of W.W. Grainger.Inc.
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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