Active Software Introduces ActiveWorks Business Exchange Server to Enable Rapid Information Exchange Among Trading Partners.Business/Technology Editors SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--Feb. 28, 2000 First Complete EAI (Enterprise Application Integration) Refers to various techniques used to share data and business processes in large enterprises. When companies acquire another organization, disparate information systems have to be made to work together. and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Integration Solution Streamlines Communication, Increases Efficiency Active Software, Inc. (Nasdaq: ASWX), a leading eBusiness platform provider, today announced the ActiveWorks(TM) Business Exchange Server, a business-to-business (B2B) solution that enables a company to quickly automate critical business processes and share sensitive business information with partners over the Internet securely and reliably. A significant new component of ActiveWorks, the Business Exchange Server delivers B2B integration that helps trading partners increase efficiency throughout the value chain and achieve new competitive advantages. The ActiveWorks(TM) Integration System from Active Software is a complete, end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for enterprise and B2B integration that gives an organization the ability to rapidly automate business processes. With the Business Exchange Server, organizations can automate and integrate external B2B processes with trading partners over the Internet. "We have found that in addition to implementing an enterprise application integration solution, our customers want to extend business process automation to their trading partners," said Jim Green
Born in Alabama, Green moved to Canada to avoid being drafted for the Vietnam War. , Chairman 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. , Active Software. "The ActiveWorks Business Exchange Server does that for them, while extending the core advantages of ActiveWorks -- fast implementation and scalability -- outside the firewall." Increasing Efficiency and Speed of Operations P. The Business Exchange Server provides a range of benefits by delivering B2B integration with all classes of trading partners. Integration with suppliers, for example, shortens time-to-market and can reduce inventory costs. Integration with distributors can lead to greater cost efficiency through more rapid inventory turns and lower transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). . The Business Exchange Server allows a business to share sensitive information -- including pricing, product design specifications, promotional materials and sales orders The sales order, sometimes abbreviated as SO, is an order received by a business from a customer. A sales order may be for products and/or services. Given the wide variety of businesses, this means that the orders can be fulfilled in several ways. -- with its trading partners. The Business Exchange Server makes it possible to maintain this information in a secure format so it cannot be used in unauthorized ways. It also automates the business process between trading partners; for example, providing automatic confirmation that an order has been received. In addition, the Business Exchange Server delivers B2B integration for trading partners at a very low cost. Trading partners are not required to have or use the Business Exchange Server to participate; they can use the free ActiveWorks Business Exchange Client, or use any third-party Extensible Markup Language See XML. (language, text) Extensible Markup Language - (XML) An initiative from the W3C defining an "extremely simple" dialect of SGML suitable for use on the World-Wide Web. http://w3.org/XML/. (XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. ) solution. A Complete B2B Solution The Business Exchange Server includes all the components necessary to deliver a complete B2B solution. The principal components are: -- The Server. Controls information exchange and business processes with trading partners. It manages the translation, delivery and workflow of B2B eCommerce documents using industry standard XML. Trading partners can choose to implement the Business Exchange Server, the free Client or other XML solutions. -- The Client. Resides at the trading partners' sites and receives eCommerce messages from the Business Exchange Server if the trading partners do not have a Business Exchange Server or other XML solution. The Client also manages the workflow to process messages within the trading partner's organization, including generating the appropriate electronic response to the Business Exchange Server. The Client is free to trading partners. -- The Development Suite. Allows businesses to create and modify B2B processes that reflect their operating practices and those of their trading partners. The Development Suite is an easy-to-use graphical environment that business analysts use to describe document formats, business processes and workflows. Support for Industry Standards The ActiveWorks Business Exchange Server supports industry standards. Based on open support for XML, the Business Exchange Server uses Internet standards See Internet Engineering Task Force. to support secure communication via Web access (http), email (smtp), and file transfer (ftp) protocols. The software incorporates document workflow to ensure the appropriate sequence of events occurs when processing transactions, and has built-in security for dealing with private and public information reliably and efficiently. The Business Exchange Server also supports the RosettaNet Partner Interface Process (PIP) standard. A PIP is an XML specification designed to align a specific business process, such as procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , between supply chain partners using eCommerce applications and the Internet. The Business Exchange Server includes pre-built graphical models In probability theory, statistics, and machine learning, a graphical model (GM) is a graph that represents independencies among random variables by a graph in which each node is a random variable, and the missing edges between the nodes represent conditional independencies. that specify the standardized standardized pertaining to data that have been submitted to standardization procedures. standardized morbidity rate see morbidity rate. standardized mortality rate see mortality rate. business interactions that take place between trading partners. By supporting predefined processes, the Business Exchange Server further streamlines communication among trading partners and unifies partners' business processes to increase operational efficiency. The Business Exchange Server will be available in the second quarter of 2000. Product pricing starts at $125,000 and will vary with the size and complexity of customer projects. About Active Software, Inc. Founded in 1995, Active Software, Inc, (Nasdaq: ASWX) is a leading eBusiness platform provider. Active Software's eBusiness platform, the ActiveWorks Integration System, automates business processes both within the enterprise and with trading partners across the Internet. Active Software has more than 160 customers in industries such as telecommunications, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , government, technology, utilities, distribution, manufacturing and transportation. Active Software's headquarters are in Santa Clara, Calif. For more information, visit the company Web site at www.activesw.com. Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, without limitation, Active Software's limited operating history; potential fluctuations in operating results; delays in development or shipment of the Company's products; the Company's substantial dependence on its ActiveWorks software products; the uncertain market acceptance of eBusiness integration software products; the Company's need to expand its sales and distribution channels; the Company's reliance on system integrators and other strategic relationships, as well as applications made by third parties; and the introduction of new products or services by major competitors. These and other risk factors are described in detail in the Company's prospectus dated August 12, 1999, in its Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 1999 and in its other filings with the Securities and Exchange Commission. Note to Editors: The Active Software logo, Active Software, and ActiveWorks are trademarks or registered trademarks of Active Software, Inc. All other trademarks mentioned herein are the property of their respective owners. |
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