Applicast and Vitria Bring e-Business Platform to Aggressive-Growth Companies.Business Editors/High-Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Dec. 20, 1999 Applicast is First ASP to Offer Vitria's BusinessWare Software for Complete Business Process Management Applicast, Inc., the premier total-solution application service provider (ASP) for aggressive-growth companies, and Vitria Technology, Inc., (Nasdaq:VITR VITR Vitria Technologies (stock symbol) VITR Visible and Thermal Infrared Radiometer ), a leading eBusiness platform provider, today announced that they have partnered to bring Vitria's leading eBusiness platform to aggressive-growth companies through Applicast's full-service application outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. network. Applicast, which is the first ASP to license and standardize stan·dard·ize v. 1. To cause to conform to a standard. 2. To evaluate by comparing with a standard. on Vitria's BusinessWare(R) software, can now provide its customers with easy access to complete business process management for both internal application integration and expansion to eBusiness. "Through Vitria's alliance with Applicast, growing companies can now enter the eBusiness world without the typical costs and risks, and get a robust, reliable, scalable platform that will support them as their business needs quickly evolve," said JoMei Chang, Vitria's 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. . "More and more aggressive-growth organizations are choosing outsourcing services for their enterprise applications, and Applicast is clearly emerging as one of the leaders in this market. We are pleased to welcome Applicast to Vitria's growing list of eBusiness solutions partners." Vitria BusinessWare helps companies streamline and automate key business processes to reduce the time and cost of delivering products and services. BusinessWare is the only eBusiness platform that addresses both internal enterprise application integration -- such as linking front- and back-office data and processes -- in addition to external eBusiness automation, such as online interactions with supply chain vendors. "We are committed to offering world-class solutions to growing businesses to meet their needs today and in the future," said John McGrory, Applicast's president and CEO. "In choosing Vitria BusinessWare, Applicast is looking beyond our customers' internal application integration needs with an expanded vision of integrating the extended enterprise and supply chain of customers and suppliers. "Only BusinessWare can deliver on that vision today with a proven, leading platform, and is a perfect complement to our top-tier front- and back-office enterprise application offerings." The Applicast Business Applications Network offers a full portfolio of business-critical vertical-market solutions for aggressive-growth companies in the manufacturing, software and dot-com, and e-retail industries. Through its partnership with Vitria, Applicast has now expanded its portfolio of best-of-breed business software to include Vitria's BusinessWare. Existing platforms include Front Office Applications from Siebel Systems Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel in 1993, was principally engaged in the design, development, marketing and support of CRM applications. , Inc., (Nasdaq:SEBL SEBL Siebel Systems, Inc. (stock abbreviation, AMEX) ) and back office applications from SAP (NYSE NYSE See: New York Stock Exchange :SAP). Applicast serves as a single point of contact throughout all phases of the application service lifecycle, including implementation, hosted operations, user and systems support and proactive evolution of the system as customers' needs change with growth. About Vitria Vitria Technology, Inc. is a leading eBusiness platform provider. Vitria's eBusiness platform, BusinessWare, automates mission-critical business processes across the extended enterprise, reducing time to market, shortening lead times, lowering operating costs operating costs npl → gastos mpl operacionales , and increasing customer satisfaction. Vitria is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (Nasdaq:VITR) based in Sunnyvale, Calif. For more information, call 408/212-2700, visit the company's Web site at www.vitria.com, or send email to info@vitria.com. About Applicast Based in Mountain View, Applicast, Inc. is the premier, total-solution ASP for aggressive-growth companies. Bringing customers the power of top-tier business software without the pain, the Applicast Business Applications Network offers full-service application outsourcing for mission-critical applications, such as SAP and Siebel, over secure private or Internet connections. Applicast's unique combination of a world-class application portfolio, targeted FastFit solutions and full-lifecycle service enables its clients to slash the time, costs and risks of deploying top-tier systems. To power its Business Applications Network, Applicast has developed relationships with SAP, Siebel Systems and GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Data Services. Applicast is privately funded by leading investment organizations, including Trinity Ventures, Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution Ventures, Bowman Capital Management, Crescendo cres·cen·do n. pl. cres·cen·dos or cres·cen·di 1. Abbr. cr. Music a. A gradual increase, especially in the volume or intensity of sound in a passage. b. Ventures, Bluewater Capital Management, Sippl Macdonald Ventures and MKS (Mortice Kern Systems Inc., Waterloo, Ontario, www.mks.com) A software company that specializes in programming tools and utilities for a variety of platforms. For example, its RCS system for Windows, OS/2 and Unix is a version control software package. Ventures. More information is available at www.applicast.com. This press release includes 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 are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, risk as related to market acceptance of Vitria's product, deployment delays or errors associated with these products, hardware platform incompatibilities, reliance on a limited number of customers for a majority of revenue, need to maintain and enhance certain business relationships with system integrators and other parties, ability to manage growth, activities by Vitria and others regarding protection of proprietary information, release of competitive products and other actions by competitors, Year 2000 problems Year 2000 problem, Y2K problem, or millennium bug, in computer science, a design flaw in the hardware or software of a computer that caused erroneous results when working with dates beyond Dec. 31, 1999. and economic downturns in either domestic or foreign markets. These forward-looking statements are generally identified by words such as "expect," "anticipate," "intend," "believe," "hope," "assume," "estimate" and other similar words and expressions. Note to Editors: Applicast, FastFit and Applicast Business Applications Network are trademarks of Applicast, Inc. BusinessWare(R) is a trademark of Vitria Technology, Inc. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only. |
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