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Subject: OASIS Member News: XML Global Launches New Website to SupportGoXML(tm) Foundation
XML Global Launches New Website to Support GoXML(tm) Foundation
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Vancouver, B.C., February 21st, 2001 - XML Global Technologies, Inc. (XMLG
OTC:BB), a product focused, XML powered, e-business platform company, is
pleased to announce the launch of its new website (www.xmlglobal.com),
designed to highlight and support the GoXML(tm) Foundation product offering.
GoXML(tm) Foundation is an XML product stack that incorporates three
products: GoXML(tm) Search - a scalable, context-based XML search engine
delivering precise results; GoXML(tm) Transform - a transformation engine
for dynamic exchange of XML, EDI and other data formats; GoXML(tm) DB - a
native XML database with a high-performance query engine.
Kate Fessenden of the Aberdeen Group has called GoXML(tm) Foundation a
bedrock tool set for building a successful e-business strategy. Aberdeen
analysis shows that currently XML products are scattered throughout various
enterprise infrastructure layers. Until GoXML(tm) Foundation, they point
out, there has been no coordinated approach to developing products and no
basic XML frameworks on which to build an e-business environment. GoXML(tm)
Foundation is the world's first XML product stack and is being marketed as
an XML tool kit for Internet infrastructure problems such as data search,
data transformation and database activities. GoXML(tm) Foundation is
targeted to developers in Global 2000 firms and the financial market space.
"GoXML(tm) Foundation is a cornerstone technology platform," said Peter
Shandro, CEO of XML Global, "as it will allow companies to expand their
e-business initiatives in a variety of directions, depending on their
specific business requirements. The Aberdeen Group, Forrester Research and
others are predicting that global B2B Internet transactions will exceed $4
trillion by 2004 and that the market for systems integration could be worth
more than $50 billion a year by 2002. XML Global", continued Shandro, "is
committed to using XML technology to address the infrastructure growth that
will occur as corporations migrate their business applications to the
Internet. We are proud that GoXML(tm) Foundation is the first coordinated
XML product stack for this market."
About XML Global Technologies, Inc.
XML Global Technologies, Inc. engineers and deploys XML-based web
infrastructure tools and e-business applications. Leveraging its patented
XML technologies for searching, EDI/XML transformation, data storage and
transaction authentication, XML Global builds and manages complete XML based
e-business platforms as well as providing standalone XML based e-business
solutions. XML Global's core products include:
Searching: GoXML(tm) Search, a scalable, context-based XML search
engine that delivers precise results.
Transformation: GoXML(tm) Transform, a transformation engine for dynamic
exchange of XML, EDI, and other data formats.
Storage: GoXML(tm) DB, a native XML database with a high performance
query engine.
By integrating and applying these core technologies XML Global will empower
its clients to build and manage successful technology platforms for web
services, net markets and related e-business initiatives.
For further information please visit our website at www.xmlglobal.com or
call the numbers below.
Forward Looking Statements
All statements are based on XML Global Technologies, Inc.'s current
knowledge and specific assumptions with respect to future business
decisions. The actual results of XML Global 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 XML Global Technologies' recent
registration document, SB-2/A, 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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