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Amalto Technologies Launches OnGeT.


The First Free of Charge B2B Electronic Transaction Platform for Oil and Gas Operators and Suppliers

HOUSTON & PARIS Paris, in Greek mythology
Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt.
 -- Amalto Technologies today announced the go-live of the Oil & Gas e-Transaction platform (OnGeT), the first free of charge platform enabling exchanges of electronic documents between Oil and Gas operators and suppliers.

Amalto's OnGeT is a dramatically new way for operators and suppliers to securely exchange business documents like Invoices, Purchase Orders and Field Tickets. After downloading a free web 2.0 client software from www.onget.net, trading partners can start exchanging business documents on a peer to peer basis in a matter of minutes A Matter of Minutes is an episode from the television series The New Twilight Zone. Cast
  • Michael Wright: Adam Arkin
  • Maureen Wright:Karen Austin
  • Supervisor: Adolph Caesar
Synopsis
.

On the OnGeT platform, messages are digitally signed and encrypted and the delivery is guaranteed. Messages can carry multiple attachments, including very large ones. OnGeT is also able to handle transformations from one standard format to another: suppliers can submit Excel formatted invoices while their customers (Operators) receive both the original file and the related PIDX PIDX Petroleum Industry Data Exchange * invoice.

Amalto's OnGeT provides two ways of exchanging documents between trading partners: either directly on a peer to peer basis if the two partners are using the OnGeT client software or through bridges connecting OnGeT to hubs or to large organizations' IT systems. This combined model provides full interoperability between trading partners regardless of their size.

Amalto 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.  Jean-Pierre Foehn foehn (fān, Ger. fön), warm, dry wind that occurs on the leeward slopes of a ridge of mountains. The term was originally applied to a wind of the Alps but is now used as a generic term for all winds of this type.  stated, "After registering to OnGeT and inviting their trading partners both operators and suppliers will benefit from the advantages of electronic transactions in a matter of minutes. This is an unprecedented experience in terms of ease of installation. With the bridges connecting OnGeT users to non-OnGeT users, all Oil and Gas trading partners, big and small, could eventually be interconnected.

"Using OnGeT to exchange messages with your suppliers or customers is much like using an email solution, with fewer limitations, greater security and yet leveraging industry standards like PIDX.* This is the same technology that Amalto has used to successfully connect large organizations like Chevron and GE Oil & Gas to their respective network of suppliers over the past 18 months. In order to facilitate massive adoption, including by small organizations, the OnGeT platform is provided FREE of registration and transaction costs.**

"With OnGeT, Amalto's objective is to break the glass ceiling of B2B electronic exchanges by allowing Oil and Gas operators and suppliers of all sizes to adopt industry standards and best practices."

About Amalto

Amalto is a leading provider of solutions enabling B2B transactions for the Oil and Gas industry. With its b2box, a PIDX* compatible software solution, Amalto brings to mid size O&G equipment and service providers an easy way to transact with their trading partners directly from their back office systems. With b2een, Amalto enables exchanges of documents like invoices or field tickets between peers of the same trading community through a very intuitive but secure environment.

More information is available at www.onget.net, www.amalto.com and www.b2een.com

* PIDX is the 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.
 business standard of the Oil and Gas Industry

** using the bridges will bear a small fee
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Publication:Business Wire
Date:Nov 19, 2009
Words:505
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