Alventive, Inc. Teams with iXL Enterprises, Inc. to Deliver Next Generation Design-to-Order Solutions; New Pact to Revolutionize the Supply Chain, Enable New E-Markets.Business Editors and High-Tech Writers 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)--April 18, 2000 Alventive, Inc., a leading provider of Online Design Communities, today announced an E-business Alliance with iXL Enterprises, Inc. (Nasdaq: IIXL) that will enable the firms to implement Alventive's Design-to-Order solutions for the electronics and telecommunications industries initially, with other sectors to follow. Through the alliance, Alventive customers gain the multi-disciplinary expertise of iXL, the premiere strategic Internet professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm. The alliance partnership will fundamentally change the way that organizations conduct business-to-business (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 ) transactions by revolutionizing the supply chain and facilitating customization early in the design process, thus enabling the creation of new e-markets, delivery channels, and access to wholly new customer types. Industry analyst firm, GartnerGroup expects the volume for non-financial goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. sold through B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. to reach $7.29 trillion worldwide in 2004. "iXL's alliance partnership with Alventive will radically alter e-business as we now perceive it," said Panna Sharma, chief strategy officer at iXL. "Our joint customers, armed with Alventive's advanced Design-to-Order capabilities, will be in a position to attract new customers in new markets with wholly new B2B opportunities. Together, we are poised to deliver to our customers the rewards of the coming customized e-Market revolution." Alventive's Design-to-Order solutions bring manufacturers, their internal departments, their suppliers, partners, channels and customers together in an Online Design Community to impact the product development process. The Community's mission is to reduce the time-to-market by increasing the efficiency within the product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. , resulting in the creation of customizable, market-driven solutions. iXL will provide customers with strategy through implementation through its unique iD5 methodology for leveraging best practices in the design through deployment phases. Under the terms of the agreement, iXL will also develop and customize Alventive's Application Services See ASP and Web services. Suites, which enable all stakeholders, such as engineers, marketing professionals, customers or manufacturers, to participate in the product creation and delivery processes. "We look to iXL to help us further develop our Online Design Community and to enable more manufacturers to deliver on the Internet's promise of one-to-one creation and delivery of goods and services," said David Tiley David Tiley (born 1960) is a convicted British murderer. He murdered his disabled fiancee Susan Hale and, a week later, her carer Sarah Merritt at Ms Hale's flat in Southampton in March 2007. Susan was last seen alive on 5 March and their bodies were found on 15 March. , 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 Alventive. About iXL Enterprises, Inc. iXL Enterprises, Inc. is the parent company of iXL, Inc., iXL Ventures and the Consumer Financial Network(TM). iXL helps businesses identify how the Internet can be used to their competitive advantage and uses its expertise in creative design and systems engineering to design, develop and deploy advanced Internet applications and solutions. iXL Enterprises, Inc. has more than 20 offices in the United States, Europe and Japan. For more information, visit http://www.ixl.com. About Alventive Alventive, a B2B company, enables manufacturers to realize the benefits of creating and delivering one-to-one products to their customers through an Online Design Community. Utilizing Alventive's Design-to-Order solutions through its Online Design Community, manufacturers extend dynamic participation in the innovation and delivery of products to their suppliers, partners, channels and customers. Alventive is headquartered in Santa Clara, CA., with offices throughout the United States and Canada. For additional information, please contact Alventive at 408/969-8000 or www.alventive.com. Forward Looking Statements Forward-looking statements in this news release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are based on current management expectations and involve material risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in our filings with the Securities and Exchange Commission. |
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