Actuate Signs Strategic OEM Agreement With Xtime; Actuate Information Delivery Solution Will Provide Global 500 Companies With Valuable Business Data from Xtime TIMEngine.Business Editors/High-Tech Writers SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. & SOUTH SAN FRANCISCO South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , Calif.--(BUSINESS WIRE)--June 11, 2002--Actuate Corporation (Nasdaq:ACTU ACTU Australian Council of Trade Unions ACTU AIDS Clinical Trials Unit (Washington University Medical Center, St. Louis, Missouri) ACTU Association of Catholic Trade Unionists ACTU Australian Capital Territory Union ), the Information Delivery market leader, today announced the signing of a strategic OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement with Xtime Inc., a leading innovator in services automation solutions. The integration of Actuate provides Xtime customers with real-time business metrics and greater flexibility in the strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , selling and fulfillment of services. "With Actuate, the Xtime TIMEngine(TM) will deliver best-in-class Information Delivery technology to the aviation, automotive and retail industries," said Adam Galper, vice president of Engineering at Xtime. "Services businesses today, facing competitive pressures and changing landscapes, need quick access to information in order to drive business. Actuate is unique among Information Delivery providers in its ability to integrate seamlessly with TIMEngine(TM) and to deliver secure and personalized information to thousands of users." The Xtime TIMEngine(TM) automates the planning, selling, and fulfillment of time-based services. Companies including DaimlerChrysler, Goodyear, and Honeywell use Xtime to realize their full revenue potential while lowering costs. Xtime selected Actuate for its general strength of web-based capabilities and its use of the Java application as a datasource. "We're pleased Xtime has decided to become an Actuate client," said John Bow, vice president of the Actuate OEM business unit. "As a leader in the services automation solutions industry, Xtime's decision to implement the Actuate Information Delivery solution is a tremendous validation of the essential role of both Actuate's technology and the requirement for analytic reporting across all industries." Actuate has more than 200 OEM customers whose products range from applications for electronic marketplaces to customer relationship management to professional services automation See PSA. . These e.Business leaders and packaged software vendors choose Actuate because its software represents the latest in Information Delivery technology and its e.Services group enables easy integration with existing application infrastructure, thus speeding time-to-market for new products. Further, Actuate's commitment to industry standards including Java, LDAP (Lightweight Directory Access Protocol) A protocol used to access a directory listing. LDAP support is implemented in Web browsers and e-mail programs, which can query an LDAP-compliant directory. and 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. ensures its product will be compatible with today's most prevalent e-Business applications. About Xtime Inc. Xtime is digitizing the trillion-dollar global service economy. Xtime delivers a customized online, real-time application for automating service planning, selling and fulfillment. Leading Global 500 and aggressive growth companies, including DaimlerChrysler, Fiat, Goodyear, Honeywell, Interwoven in·ter·weave v. in·ter·wove , in·ter·wo·ven , inter·weav·ing, inter·weaves v.tr. 1. To weave together. 2. To blend together; intermix. v.intr. and Life Time Fitness use Xtime solutions to schedule and optimize the people, resource and customer demand variables of delivering services. The business appeal of Xtime solutions is basic but enduring: drive revenues, cut costs and serve customers better. Privately held, Xtime's investors include Venrock Associates, Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments. , Rosewood Venture Group and Innovacom, the venture capital arm of France Telecom. The exclusive European provider of the Xtime TIMEngine platform is Mobite. Xtime is based in San Mateo, CA, and can be reached at 650/653-4000 or www.xtime.com. About Actuate Corporation Actuate Corporation is the leading provider of Information Delivery solutions for Global 2000 companies and packaged application software vendors. Actuate provides the most effective platform for retrieving business information from corporate databases and delivering interactive Web pages and Excel spreadsheets to customers, prospects, partners and employees. Its infrastructure software is the foundation for applications such as client reporting, key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. , CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. and e-Procurement. Actuate content is seamlessly integrated into corporate Web sites and packaged applications and can be printed and used to exchange data with other applications. By instantly delivering personalized content from tens to millions of end-users -- without downloads -- companies using Actuate can increase revenue, reduce costs and improve customer service. Actuate has over 1,700 direct customers and over 200 OEM partners, including almost thirty percent of the Fortune 1000. Founded in 1993, Actuate has headquarters in South San Francisco, Calif., and has offices worldwide. For more information on Actuate, visit the company's Web site at www.actuate.com. Note to Editors: Actuate is a registered trademark of Actuate Corporation. e.Reporting and e.Spreadsheet are trademarks of Actuate Corporation. Other company names and trademarks are trademarks of their respective companies. |
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