Adexa Launches iCollaboration v5.0.Business Editors/Technology Writers SAN DIEGO--(BUSINESS WIRE)--March 13, 2001 Features Buy-Side, Enterprise and Sell-Side Solutions Built on an Internet-Based Collaboration Platform An emerging category of computer software, collaboration platforms are unified electronic platforms that support synchronous and asynchronous communication through a variety of devices and channels. Designed To Help Companies Energize en·er·gize v. en·er·gized, en·er·giz·ing, en·er·giz·es v.tr. 1. To give energy to; activate or invigorate: "His childhood Growth While Driving Efficiencies Through Extended Supply Chains Adexa(TM), Inc., a provider of collaborative commerce solutions critical to e-business, today announced the latest version of the iCollaboration suite, v5.0, at the company's Vista 2001 user conference. Built on an Internet-based collaboration platform, this next generation product includes expanded buy-side, enterprise and sell-side solutions for order management and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. designed to help companies drive efficiencies throughout their extended supply chains and energize growth through heightened customer responsiveness. In addition, iCollaboration v5.0 extends its integration solution to include workflow and business-to-business connectivity. By facilitating the sharing of information between supply chain partners via the Internet, iCollaboration v5.0 enables the extended enterprise to synchronize See synchronization. previously isolated planning cycles and intelligently automate business processes. iCollaboration v5.0 also enhances existing order management and procurement systems by providing tight integration with Adexa's advanced optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. technology. "In a business environment that is rapidly shifting from enterprise-to-enterprise competition to supply chain-to-supply chain competition, the ability to coordinate supply chain activities across multiple enterprises is vital to success," said Dr. K. Cyrus Hadavi, president and chief executive officer of Adexa, Inc. "iCollaboration v5.0 enables enterprises, their customers and suppliers to share critical information and collaborate through the Internet so they can synchronize their planning and execution cycles and create an extended supply chain that is more flexible, responsive and efficient. "Our goal is to help our customers maximize growth opportunities while also dramatically reducing costs," Hadavi added. "No other supply chain management product to date has been able to achieve both objectives so effectively." iCollaboration v5.0 enhances the current product offering with expanded focus on the following solutions: -- Collaborative Order Manager -- Collaborative Procurement Manager -- Collaborative Supply Chain Manager -- Supply Chain Integrator For these solutions, iCollaboration v5.0 provides key features such as: 100% Internet-based Collaboration Environment -- Built on a pure Internet architecture, iCollaboration v5.0 enables multiple enterprises to collaborate on supply chain activities using only a standard Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . Users are able to share, view and modify information through the Internet. To ensure openness and data security, iCollaboration v5.0 makes extensive use of industry standard Internet technologies, such as 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. and Secure Socket Layer (SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. ) technologies. Intelligent Event Management -- To improve responsiveness and increase overall business velocity, iCollaboration v5.0 has configurable Active Agents that can continually monitor supply chain data, notify users to potential problems as well as automatically execute business processes. Personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. and Security -- To enhance productivity, iCollaboration v5.0 allows each user to create and store customized, multi-dimensional views of supply chain data. To prevent sensitive supply chain data from getting in the wrong hands, iCollaboration v5.0 enables users to restrict data access and visibility. Collaborative Order Manager, Collaborative Procurement Manager, Collaborative Supply Chain Manager and Supply Chain Integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. are currently in beta and will be generally available in the second quarter of this year. About Adexa Adexa is a leading provider of collaborative commerce solutions critical to e-Business. Adexa's iCollaboration suite helps enterprises and trading exchange participants make faster, more informed business decisions by automating, synchronizing synchronizing, n a technique that a therapist uses to coordinate his or her breath with that of the client; builds trust and establishes relationship. and optimizing complex, interdependent in·ter·de·pen·dent adj. Mutually dependent: "Today, the mission of one institution can be accomplished only by recognizing that it lives in an interdependent world with conflicts and overlapping interests" supply chain operations. Built with next-generation technology, Adexa's iCollaboration suite is an open, scalable and adaptable solution that helps increase customer responsiveness, coordination with trading partners and enhance overall supply chain efficiency. Headquartered in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Adexa has licensed its iCollaboration suite to leading companies and trading exchanges around the world, including Advanced Micro Devices, Inc., Conexant Systems, Inc., Lucent Technologies, Inc., Framatome Connectors International, Fujitsu Quantum Devices, Ltd., Matsushita Electronics Corporation, Philips Semiconductors B.V., Sanyo Electric Co. Ltd., Sumitomo Metal Industries Sumitomo Metal Industries, Ltd. (住友金属工業株式会社 , Ltd. Sitix Division and Taiwan Semiconductor Manufacturing Company. To learn more about Adexa and its solutions, please visit www.adexa.com. The statements contained in this release that are not purely historical 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. within the meaning of Section 21E of the Securities and Exchange Act of 1934, including statements regarding Adexa's expectations, beliefs, hopes, intentions or strategies regarding the future. All forwarded-looking statements included in this document are based upon information available to Adexa of the date hereof, and Adexa assumes no obligation to update any such forward-looking statements. Actual results could differ materially from current expectations. Factors that could cause or contribute to such differences include, but are not limited to, the factors and risks discussed in the Registration Statement Form S-1 filed on August 28, 2000 with the Securities and Exchange Commission. |
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