BP Selects Vitria for Global Ebusiness Platform.Business Editors SUNNYVALE, Calif. & LONDON, England--(BUSINESS WIRE)--Sept. 18, 2000 Vitria Technology, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :VITR VITR Vitria Technologies (stock symbol) VITR Visible and Thermal Infrared Radiometer ) today announced BP's (NYSE NYSE See: New York Stock Exchange : BP) choice of Vitria BusinessWare as an ebusiness platform to integrate future software components. Vitria BusinessWare will enable integration of existing Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) systems and new ebusiness solutions sourced from all parts of the industry. Integration architecture will be a key part of BP's emerging digital architecture. "We are thrilled to welcome a world-class corporation like BP to Vitria. BP is the latest Fortune 100 company to entrust this mission-critical architecture to Vitria," said JoMei Chang, 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 Vitria Technology. "As one of the world's largest companies, BP represents the enormous strides we are making in the energy vertical." John Leggate, Group Vice President for Digital Business at BP said: "We are swiftly transforming BP into a digital corporation to capture the productivity benefits of the latest technologies. Vitria allows internal and external systems to be integrated quickly and effectively and it will enable integrations to achieved significantly faster than using our existing techniques. Over time, we expect to greatly reduce the complexity involved in linking process and data together; and in working with third party partners and suppliers. We feel that currently Vitria could deliver architecture integration for BP more effectively than any of their competitors." The global agreement will allow all of BP's organization to access and deploy BusinessWare. 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, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. . 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 BP BP is one of the world's largest petroleum and petrochemical groups. Turnover in 1999 was in excess of $101 billion. The company's main activities are exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and manufacturing and marketing of petrochemicals. In addition, the company has a growing activity in gas and power and in solar power generation. This press release includes forward-looking statements 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. BusinessWare(R) is a trademark of Vitria Technology, Inc. All other names may be trademarks of the companies with which they are associated. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion