OASIS Mailing List ArchivesView the OASIS mailing list archive below
or browse/search using MarkMail.


Help: OASIS Mailing Lists Help | MarkMail Help

announce message

[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [Elist Home]

Subject: [announce] OASIS Member News: XML Global Reports Early Sales ofGoXML(tm) Transform, Signs Contract with HomeSource Capital

          XML Global Reports Early Sales of GoXML(tm) Transform
                  Signs Contract with HomeSource Capital
Vancouver, BC, November 14th, 2001 - XML Global Technologies, Inc. (OTC BB:
XMLG), an XML middleware company, announced today that following the
November 1st, 2001 launch of GoXML(tm) Transform 2.0, it has secured some
early sales success with its XML transformation solution. XML Global signed
a purchase contract with HomeSource Capital, who will use the GoXML(tm)
Transform 2.0 technology to increase efficiency, reduce costs and streamline
the mortgage approval process.

HomeSource Capital, as one of North America's leading mortgage specialists,
has lending relationships with a wide range of financial institutions
including banks, credit unions and trust companies. To facilitate an
efficient mortgage approval process, HomeSource Capital needed to exchange
data between these various institutions in a common and mutually
understandable format. GoXML Transform 2.0 is able to overcome this hurdle
with its powerful and patented XML transformation engine that will allow all
participants in the mortgage approval process to transform their data,
whether it be EDI or other legacy system, into XML and back again.

In addition to using GoXML(tm) Transform 2.0 externally with its lending
partners, HomeSource Capital will also use the software in-house to ensure
that all of its mortgage specialists, and others crucial to the mortgage
approval process, have ready access to the same information. By using
GoXML(tm) Transform as an integral component of its IT infrastructure,
HomeSource Capital will be able to offer its clients the most competitive
mortgage available in the quickest possible time.

"HomeSource Capital is committed to maintaining and expanding its leadership
position as a mortgage specialist," said Erskin Bell, CIO of HomeSource
Capital, "In order to do this HomeSource must dramatically increase its data
transformation capabilities both internally and externally. After examining
the market, HomeSource Capital concluded GoXML(tm) Transform 2.0 offers the
efficiencies, scalability and flexibility needed to maintain our growth
without compromising the needs of our clients and lending partners."

"XML data transformation technology is essential to the growth of the
financial services industry," stated Peter Shandro, CEO of XML Global,
"Organizations need to address the inefficiencies that can arise when
critical information is not available to everyone because it is distributed
in varying formats across multiple legacy sources. We are very pleased that
HomeSource Capital has taken the lead by choosing GoXML(tm) Transform 2.0 to
support their initiative of ensuring that all participants in their mortgage
network have speedy and efficient access to same information in the same

About HomeSource Capital
With a history of consistently superior performance and over 100 years of
combined experience in the mortgage industry, HomeSource Capital is one of
North America's leading mortgage specialists and maintains lending
relationships with a wide range of financial institutions including banks,
credit unions and trust companies. Dedicated to providing the best home
financing experience possible, HomeSource Capital offers the widest range of
products at the most competitive prices through a team of highly trained,
professional mortgage specialists. Immediate approvals and individualized
customer service are a few of the hallmarks consumers have come to expect
from HomeSource Capital.  For more information please visit
www.homesourcecapital.com or call 877-768-7264, toll free.

About XML Global Technologies, Inc.
XML Global Technologies, Inc. is an XML middleware company focused on
providing a methodical approach to the adoption of XML-based solutions. The
Company's GoXML(tm) Transform product line provides a family of three
complementary solutions based on a patented XML-centric data transformation
* Foundation includes mapping capabilities, automatic document recognition,
  EDI (electronic data interchange) transaction support, and a native XML
* Server extends Foundation's capabilities with workflow control. It
  provides connectors to backend systems, queuing, scheduling, and recovery
  and offers plug-ins for IBM's MQSeries.
* Central broadens the capabilities of transformation solutions to Web
  service environments and allows them to integrate metadata registries.
The GoXML(tm) Transform product line allows a controlled transition to XML
by offering modular and open systems solutions that complement existing
applications and infrastructure.

The Company is an active member of the ebXML, UDDI, OAG and OASIS standards
initiatives. Founded in May 1999, XML Global has its US headquarters in New
York, NY, and a research and development office in Vancouver, BC. To find
out more about XML Global Technologies (OBB: XMLG), visit our website at

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

[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [Elist Home]

Powered by eList eXpress LLC