2Wire Selects Vitria for Ebusiness Platform.Business Editors, High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--June 20, 2000 Leading Provider of Residential Gateways Will Use Vitria's BusinessWare(R) Ebusiness Platform to Speed Customer Fulfillment and Enhance Service Vitria Technology, Inc. (Nasdaq:VITR VITR Vitria Technologies (stock symbol) VITR Visible and Thermal Infrared Radiometer ), a leading ebusiness platform provider, today announced that 2Wire, Inc. (www.2Wire.com), the leading provider of residential gateways, has selected Vitria's BusinessWare(R) ebusiness platform to integrate and automate fulfillment-related business processes across the extended enterprise. 2Wire will use BusinessWare to electronically bond its back-office systems with those of DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary and Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , to automate and expedite time-consuming manual processes such as the exchange of customer data. As a result, 2Wire's streamlined business processes will speed fulfillment and reporting, and improve responsiveness to partners and customers. 2Wire's HomePortal(TM) residential gateways are a vital part of the high-speed Internet See broadband. access supply chain, which requires a consumer's ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. (Internet Service Provider) to contact a DSL (Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and ) provider, which must then engage a local telecommunications carrier in order to start service. With estimates that more than 48 million US consumer households will be paying for access to a multimedia broadband service See broadband and broadband service provider. (a) by the end of 2004, each of those broadband connections will require a residential gateway or other device in the home to decode and distribute the broadband signals. BusinessWare will enable 2Wire to accommodate this rapid growth by integrating and automating financial, sales, customer care and logistics systems and processes throughout the supply chain. BusinessWare's business process modeling capabilities also will enable 2Wire to monitor performance, adjust systems as necessary and even develop and deploy new types of business models. "As the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, among communications and high-speed Internet access providers, Vitria's robust and scalable ebusiness platform will allow 2Wire's back-office systems to communicate with those of high-speed Internet service companies effectively and efficiently," said Tom Spalding, CFO See Chief Financial Officer. for 2Wire. "We are pleased that 2Wire has chosen BusinessWare as its ebusiness infrastructure and expect 2Wire's customers' satisfaction to move in lock-step with their growth, due in part to the electronic bonds they're establishing with service providers," said JoMei Chang, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Vitria. "2Wire is poised to take advantage of the flexibility of the BusinessWare ebusiness platform and become the first home network technology company to offer multiple services from multiple providers, through a single gateway." About Vitria Vitria Technology, Inc. is a leading ebusiness platform provider. Vitria's ebusiness platform, BusinessWare, automates mission-critical business processes across the extended enterprise, reducing time to market, shortening lead times, lowering operating costs operating costs npl → gastos mpl operacionales , and increasing customer satisfaction. Vitria is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (Nasdaq:VITR) based in Sunnyvale, California. For more information, call 408/212-2700, visit the company's Web site at www.vitria.com, or send email to info@vitria.com. This press release includes forward-looking statements that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, risk as related to market acceptance of Vitria's product, deployment delays or errors associated with these products, hardware platform incompatibilities, reliance on a limited number of customers for a majority of revenue, need to maintain and enhance certain business relationships with system integrators and other parties, ability to manage growth, activities by Vitria and others regarding protection of proprietary information, release of competitive products and other actions by competitors, Year 2000 problems and economic downturns in either domestic or foreign markets. These forward-looking statements are generally identified by words such as "expect," "anticipate," "intend," "believe," "hope," "assume," "estimate" and other similar words and expressions. BusinessWare(R) is a trademark of Vitria Technology, Inc. All other names may be trademarks of the companies with which they are associated. (a) Cahners In-Stat, March 15, 2000 |
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