AMS and KnowNow Join Forces to Create Application Internetworking Solutions for the Global Energy Industry.Business Editors/High-Tech Writers MOUNTAIN VIEW, Calif. & FAIRFAX, Va.--(BUSINESS WIRE)--Nov. 14, 2001 American Management Systems American Management Systems (previous NASDAQ symbol: AMSY) was founded in 1970 as a technology and management consulting firm. It was founded by a group of five former United States Department of Defense officials who worked under Robert McNamara in the Kennedy and Johnson (AMS AMS - Andrew Message System ; NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AMSY AMSY American Management Systems, Inc (stock symbol) ) and KnowNow Inc. today announced a partnership to jointly deliver real-time application internetworking solutions to energy organizations worldwide. As a part of the partnership, AMS will offer the KnowNow platform as a preferred software solution within its Global Energy consulting practice. AMS and KnowNow will provide energy organizations with the means to monitor systems, increase operational visibility and enhance online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. -- all in real time. Combining KnowNow technology with AMS' expertise in management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects , systems integration and application delivery enables customers to quickly build integrated solutions for complex billing, distribution, measurement, regulation and load profiling, as well as work- and asset management. "One of the most critical issues facing our energy clients is the integration of business processes and data within their organization and in the external marketplace," said Peter Ihrig, vice president of Technology and Alliances for the AMS Global Energy Group. "Regional Transmission Operators (RTOs) and Independent System Operators (ISOs), distribution companies, and energy retailers need the ability to rapidly integrate data from back-office systems and the Internet into new applications. KnowNow's application internetworking software will provide energy companies with the flexibility and real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. integration needed to compete in the energy market." "AMS is recognized worldwide as leaders in energy consulting and integration, and have architected some of the most innovative energy applications in the industry," said Lorna Bender, vice president of Alliances at KnowNow. "With a focus on maximizing existing IT investments and adding value incrementally, AMS is an ideal partner for KnowNow. Together, customer solutions -- whether increasing corporate visibility, real time business monitoring or lightweight integration -- can be deployed easier and with less resources." About AMS AMS is an international business and information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. firm with 2000 revenues of $1.28 billion. Founded in 1970, AMS has a deep pool of talented consultants with cross-industry expertise who manage complex IT, e-business and systems integration projects for clients including 43 state governments, most federal agencies, and hundreds of companies in the Fortune 500. Clients turn to AMS to collaborate on mission-critical projects. Approximately 85% of the Company's business comes from existing clients. Its core strength lies in a talented cadre (company) CADRE - The US software engineering vendor which merged with Bachman Information Systems to form Cayenne Software in July 1996. of consultants with expertise in systems development and implementation, large-scale technology integration, change management, and e-business reinvention. AMS is headquartered in Fairfax, Va. and has 8,000 employees in 51 offices around the world. Forbes Magazine ranked AMS among "America's 400 Best Big Companies" and Fortune placed AMS 44th on its list of the "100 Best Companies to Work for in America." About KnowNow KnowNow's application internetworking software enables the exchange of up-to-date content -- both inside and outside the corporate firewall -- dynamically and persistently over the Internet. With KnowNow, myriad end-user applications, including Java-based programs, Excel spreadsheets and Web-enabled enterprise solutions, evolve into real-time applications with client/server interactivity. Developers can download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. products, sample applications and documentation from the KnowNow Developer Center at http://developer.knownow.com/; further information about KnowNow is available at http://www.knownow.com/. Note to Editors: KnowNow is a trademark of KnowNow, Inc. All other company names and product names may be trademarks or registered trademarks of their respective companies or owners. |
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