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Subject: OASIS Member News: MedChannel Signs Multi License Agreement with XMLGlobal for GoXML(tm)Transform
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MedChannel Signs Multi License Agreement with XML Global for
GoXML(tm)Transform
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New York, N.Y., April 19th, 2001 - XML Global Technologies, Inc. (OTC
BB: XMLG), a product focused, XML powered, e-business platform company,
announced today that MedChannel, a technology company focused on
optimizing the medical supply chain, has signed a multi license contract
with XML Global for GoXML(tm) Transform which it will integrate into its
Collaborative Healthcare Network. The Collaborative Healthcare Network
provides global business connectivity, supply chain applications and
specialty services to increase efficiency, drive value and reduce costs
for all participants in the healthcare industry.
GoXML(tm) Transform is an XML based transformation engine for dynamic
exchange of XML, EDI and other data formats. XML-based mapping templates
allow transformation of data between XML and a variety of formats,
including EDI, relational databases, and flat-file. The patented,
rule-driven, Transformation Engine easily handles complex translations
with high-flying speed. The GoXML(tm) Transform product is a core
component of GoXML(tm) Foundation, a leading XML-based data integration
platform launched by XML Global Technologies earlier this month.
"Timely, accurate and accessible information is essential to the
healthcare industry," stated Peter Shandro, CEO of XML Global, "yet
problems can arise when vital information is distributed in disparate
data formats across multiple legacy sources. We are very pleased that
MedChannel has chosen GoXML(tm) Transform to support their initiative of
quickly and easily bringing on new trading partners to MedChannel's
Collaborative Healthcare Network."
"MedChannel is planning significant growth over the next 24 months,"
said Denis Reilly, COO of MedChannel, "which will dramatically impact
the amount of data stored within our healthcare network. After examining
the market, MedChannel concluded GoXML(tm) Transform offers the
efficiencies and scalability needed to maintain our growth without
compromising the needs of our trading partners."
MedChannel will integrate XML Global's GoXML(tm) Transform within the
next 60 days in order to facilitate accurate data transformation for all
participating trading partners. GoXML(tm) Transform will serve as the
baseline-messaging data transformation layer that will allow
applications in different environments to communicate, enabling
MedChannel to create the many-to-many communication environment crucial
to its business model.
About MedChannel
Based in San Francisco, MedChannel is focused exclusively on back end
inefficiencies in the healthcare supply chain. The company is building a
collaborative healthcare network, which consists of a technology
platform that provides global business connectivity as well as
value-added services designed to provide bottom line financial benefits.
These supply chain applications and specialty services include contract
price management and collaborative planning to enable dynamic pricing,
reduced inventory, and significant cost reductions. For more
information, please visit www.medchannel.com.
About XML Global Technologies, Inc.
XML Global Technologies, Inc. provides an XML-based data integration
platform, GoXML(tm) Foundation, and an application-to-application
integration platform, GoXML(tm) Central. These products form a core
framework for additional expansion as the enterprise builds or enhances
its infrastructure. GoXML(tm) Foundation includes:
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.
GoXML(tm) Central is an XML platform for global participation in
electronic marketplaces. It uses ebXML methodologies and is designed for
interoperability, allowing businesses to find each other, form trading
partner agreements, and conduct business electronically. XML Global
empowers its clients to build and manage technology platforms for web
services, net markets and e-business initiatives. For more 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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