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Subject: webMethods Launches Taiwan Operations; Early Market Demand for B2BIntegration Solutions Drives Expansion in Asia Pacific
- From: Erin Del Llano <edelllano@schwartz-pr.com>
- To: Announce@lists.oasis-open.org
- Date: Thu, 02 Nov 2000 09:31:21 -0500
webMethods Launches Taiwan Operations; Early Market Demand for B2B
Integration
Solutions Drives Expansion in Asia Pacific
TAIPEI, Taiwan---Nov. 2, 2000-- webMethods , Inc. (Nasdaq: WEBM ), the
leading provider of business-to-business integration (B2Bi) solutions,
today launched the company's Taiwan operations at a media conference with
Mr. Phillip Merrick, president and CEO of webMethods , Inc.
Speaking at the conference, Mr. Merrick stated, "As the leading
solutions provider of B2B integration software to Global 2000 companies
and leading B2B marketplaces, we see significant opportunity in Taiwan
and throughout the Asia-Pacific region."
"Taiwan leads the way in supplying IT and electronic components for
global manufacturing industries," said Mr. Merrick. "Our goal
is to assist Global and Taiwanese companies in integrating directly with
their global customers, suppliers and partners; and to participate in the
growing number of B2B exchanges."
webMethods has won significant business from Global 2000 companies and
key B2B marketplaces, with a global customer base of more than 500
organizations. In Taiwan, early customers include United Microelectronic
Corp., Asustek Computer Inc., and Ultima Electronics Corporate.
"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," stated Mr. Merrick.
According to Gartner Group, the e-market is forecast to grow from U.S.
$9.2 billion in 1999 to U.S. $995.8 billion in 2004. The webMethods B2Bi
Solution Suite is the industry's first end-to-end solution that quickly
and seamlessly integrates business processes across the extended
enterprise, spanning the new generation of trading networks and
exchanges, to enterprise applications and legacy mainframe systems.
Through broad support of open standards and protocols, such as XML,
RosettaNet, ebXML, FpML, cXML, xCBL, OBI, OAG, ACORD, Microsoft BizTalk
and legacy EDI, the webMethods B2B family of products provides the
critical B2B integration software that enables companies to form powerful
trading networks with customers, suppliers and partners.
"By using open Internet standards, like XML and RosettaNet,
webMethods delivers a unique and rapidly deployable solution to help meet
the challenges faced by Taiwanese companies implementing B2B
initiatives," said Mr. Merrick.
Expansion in Asia Pacific
Founded in 1996, webMethods has offices throughout the US and Europe, and
continues global expansion in Pacific Rim. Throughout the last quarter
The Company established operations in Australia, Japan, Korea, Singapore
and Taiwan.
webMethods ' Pacific Rim operations are spearheaded by Mr. Thomas N.
Erickson, webMethods Vice President of Asia Pacific Operations. The
Company's Taiwan team is headed Mr. Mark Ma, Taiwan Country Manager and
Sales Director for Greater China.
"There is already visible demand for our technology in Taiwan,
fuelled by the increasing adoption of e-procurement marketplaces and
exchanges by Taiwanese businesses," stated Mr. Erickson. "In
the electronic component and information technology industries we see
strong adoption of common message standards, like RosettaNet, which will
further support the push for Taiwan to become the `global logistics
center'," he added.
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 500 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, the company's Form 10-K for
the year ended March 31, 2000 and Form 10-Q for the quarter ended June
30, 2000, which are on file with the Securities and Exchange
Commission.
CONTACT: webMethods , Inc. Sandy McBride (408) 969-5614 smcbridge@
webmethods .com or Schwartz Communications, Inc. Ross Levanto (781)
684-0770 webmethods @schwartz-pr.com
08:30 EST NOVEMBER 2, 2000 Contact: CONTACT: webMethods , Inc. Sandy
McBride (408) 969-5614 smcbridge@ webmethods .com or Schwartz
Communications, Inc. Ross Levanto (781) 684-0770 webmethods
@schwartz-pr.com
08:30 EST NOVEMBER 2, 2000
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