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Subject: Documentum
This is another announcement we made on Documentum. Thanks, Réna Amer Marketing Communications Manager SoftQuad Software Ltd. (416) 544-9000 ext. 2219 rena@softquad.com ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------- SOFTQUAD AND DOCUMENTUM ANNOUNCE INTEGRATED XML CONTENT MANAGEMENT SOLUTION FOR E-BUSINESS Integration of SoftQuad XMetaL and Documentum 4i eBusiness Platform provides comprehensive XML content management for Global 2000 companies TORONTO, ON and PLEASANTON, CA - December 12, 2000 - SoftQuad Software, Ltd. (OTC BB: SXML), the co-creator of XML (eXtensible Markup Language) and an internationally recognized developer of XML-enabling technologies and commerce solutions for e-business, and Documentum, Inc. (Nasdaq: DCTM), the leading provider of Internet-scale content management solutions for powering e-business applications, today announced a technology integration, which brings the advantages of XML content management to Global 2000 companies with e-business initiatives. The integration of SoftQuad XMetaL to Documentum 4i eBusiness Platform enables business users to easily create, manage, and share customized content across global e-business applications and the Web. SoftQuad's integration module is targeted for availability by the end of this month, coinciding with Documentum's targeted release of its newly announced (December 5, 2000) version of the 4i eBusiness Platform. "Our joint development effort with SoftQuad is another example of Documentum's commitment to provide integrations to our 4i Platform with the top technology solutions that enable e-business success," said Whitney Tidmarsh, vice president of product marketing for Documentum. "SoftQuad's tremendous XML expertise coupled with Documentum's extensive experience in enterprise content management provides our joint customers with the powerful capability to capture and leverage the valuable knowledge that exists within their organizations. This information can be made available in any format wherever and whenever it's needed via any device. This is a tremendous business advantage in today's competitive New Economy." Together, Documentum and SoftQuad provide Global 2000 companies with comprehensive XML content management to support the growing content demands of e-business. The new product integration allows users to create, edit and save XML documents into Documentum's content repository directly from within XMetaL, while managing content lifecycle with the Documentum 4i eBusiness Platform. The solution enables enterprises to manage and deliver customized XML content to different audiences and delivery channels, such as e-commerce sites, portals, handheld and wireless devices, and electronic marketplaces. Management of XML-based content enables cross-enterprise collaboration and the global exchange of dynamic content, facilitating e-business success in the Internet economy. "More than half of the Global 2000 are Documentum customers, which is testimony to the company's deep understanding of the unique needs of large, multinational organizations," said Roberto Drassinower, CEO of SoftQuad. "This integration provides an unprecedented content creation and management solution that enhances SoftQuad's ability to serve existing customers who rely on Documentum, and facilitates the development of new relationships and opportunities." SoftQuad XMetaL 2.0 is the premier XML content creation solution. It allows an organization's entire user base to easily create content directly in XML, eliminating the delay and cost associated with converting content from other formats. XMetaL can be seamlessly integrated into e-business applications and is easy to customize, enabling developers to quickly create authoring environments suitable for all content contributors. XMetaL 2.0 has won numerous awards, including "Best Development Tool" at the November 2000 PC Magazine (UK) Technical Innovation Awards presentation. An October Internet Week product review summarized XMetaL as, "A supportive environment for creating XML and a fabulous way to make safe and easy front ends for content contributors. A must-have." About Documentum Documentum drives content management through e-businesses with an open, flexible, Internet-scale platform that enables customers to create, deliver, publish, and personalize content in all formats across all e-business applications. More than 1000 Global 2000 companies use Documentum products and services to provide dynamic, trusted content to all users, the key to e-business success in the New Economy. Documentum is an active sponsor of OASIS (Organization for the Advancement of Structured Information Standards) and a founding member of XML.org, as well as a UDDI.org (Universal Description, Discover and Integration) advisor and an associate member of the WAP (Wireless Application Protocol) Forum. For more information, please visit Documentum on the Web at http://www.documentum.com Documentum and the Documentum logo are trademarks or registered trademarks of Documentum, Inc. in the US and throughout the world. All other company and product names are used for identification purposes only and may be trademarks of their respective owners. In addition to historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. The company's future actual results could differ materially from the forward-looking statements discussed herein. Factors that could cause or contribute to such differences include, but are not limited to, those discussed from time to time in the company's public reports filed with the Securities and Exchange Commission, such as those under "Risk Factors" included in the company's annual report on Form 10-K for the fiscal year ended December 31, 1999, as well as the company's other public reports filed with the Securities and Exchange Commission. The company undertakes no obligation to update or revise these forward-looking statements. 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. A founding member of the World Wide Web Consortium (W3C), the Organization for the Advancement of Structured Information Standards (OASIS) and XML.org, SoftQuad has been instrumental in shaping and developing both the standards and technologies that are changing the way companies exchange information and do business over the Web. Headquartered in Toronto, Canada, with U.S. offices in Seattle and San Francisco, and European operations based in London, United Kingdom, SoftQuad was first to market with an advanced, yet easy-to-use XML content creation solution, XMetaL. It has already become the premier enabling technology for XML-based content applications in electronic 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. Awards: XMetaL won the PC Magazine (UK) "Technical Innovation Award" for "Best Development Tool" in November 2000; the Web Techniques 1999 "Web Authoring Tool of the Year" Award; was an Internet Week "Best of the Best," winning the "Most Innovative" category; and is an XML Journal "World Class" recommendation for 2000. For more information, visit SoftQuad's Web site at www.softquad.com. SoftQuad and XMetaL are registered trademarks of SoftQuad Software, Ltd. MarketAgility is a trademark of SoftQuad Software, Ltd. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. 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, and SoftQuad is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of such changes, new information, future events or otherwise. 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, especially its newly introduced MarketAgility product, growth in the market for XML products, its ability to manage costs, generate revenues and become profitable, the potential impact of any mergers, acquisitions or other business combinations, the transition from its past reliance on revenues from its HoTMetaL (HTML-based) product to its XML-based products, its ability to meet its future capital requirements, technological developments, competition from other companies that may have longer operating histories or greater financial resources, 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, political, business and social conditions in the geographic areas in which it operates and in which its products are sold, its ability to successfully obtain inclusion of its common stock on the NASDAQ National Market 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 such factors. For further information on SoftQuad Software, contact: General Press Contacts Muriel Guilbert SoftQuad Software, Ltd. Parker LePla (206) 625-1541 murielg@parkerlepla.com Kimberly Devine Documentum UpStart Communications (510) 457-3000 (ext. 3124) kdevine@upstart.com Financial Media Contact Stephanie Stern SoftQuad Software, Ltd. Stern & Co. (212) 888-0044 sstern@sternco.com
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