Bluestone Strengthens Far East Presence, Forges Alliance With SanTong I.I.S.; World-Class Consulting and Software Company to Distribute Bluestone's Total-e-BusinessTM Suite of Products.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Aug. 14, 2000 Bluestone bluestone, common name for the blue, crystalline heptahydrate of cupric sulfate called chalcanthite, a minor ore of copper. It also refers to a fine-grained, light to dark colored blue-gray sandstone. (R) Software, 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 : BLSW), a leader in business-to-Web and wireless technologies, announced today that it has formed a multi- faceted alliance with SanTong I.I.S. (STIIS) Co., Ltd., a consulting, training and software solutions company in Korea. In addition to distributing Bluestone's J2EE- and XML-based Total-e-Business(TM) product suite and serving as Bluestone's local presence in the Far East, STIIS is providing localization Customizing software and documentation for a particular country. It includes the translation of menus and messages into the native spoken language as well as changes in the user interface to accommodate different alphabets and culture. See internationalization and l10n. or translation services utilizing Bluestone's software, which fully support double-byte code, in order to create and deliver new products applicable to the Korean market. STIIS also will re-deploy its Perfect 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. software, an 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. system used by more than 150 companies in Korea, with Bluestone's Total-e-Server(TM), the Application Server edition of Total-e-Business, as the foundation. The new version of Perfect ERP is expected to be available by year-end 2000. The alliance significantly strengthens Bluestone Software's initiatives in the Far Eastern marketplace. With STIIS as a local presence, Bluestone will be able to manage faster growth and enhance its support for existing distributors in the region. Over the next year, Bluestone anticipates expanding its distribution base in the Far East to support growing demand. The relationship with STIIS also will accelerate development of software enabling (programming) software enabling - (Or "enabling") Modification of the design or implementation of software to allow internationalisation to take place. In particular, enabling may refer to the modification of software to support double-byte character sets, hence "Unicode the Total-e-Business platform to support Asian double-byte character sets. "In selecting a partner, we first focused on finding a superior e-business solution--one with a robust architectural framework that offers unprecedented scalability, fault tolerance See fault tolerant. (architecture) fault tolerance - 1. The ability of a system or component to continue normal operation despite the presence of hardware or software faults. This often involves some degree of redundancy. 2. , performance, security, flexibility and strict adherence to industry standards," said Yong-Soon Kim, executive vice president and chief technology officer for STIIS. "In Bluestone's Total-e-Business, we found the comprehensive, standards-based e-business framework we sought. And the more we learned about Bluestone as a company and its vision for the future of e-business, we knew we wanted to forge a deeper relationship, becoming far more than a distributor of Bluestone's products." "With its firm foundation of highly experienced consultants, SanTong, STIIS offers extensive technical and business acumen that will represent Bluestone well in the Far East," said John H. Capobianco, executive vice president of strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. for Bluestone Software. "And, by working with us to localize lo·cal·ize v. lo·cal·ized, lo·cal·iz·ing, lo·cal·iz·es v.tr. 1. To make local: decentralize and localize political authority. 2. our product suite, STIIS will help us accelerate adoption of e-business solutions within Asian countries." About SanTong I.I.S. SanTong I.I.S. (STIIS) Co., Ltd., founded by ex-employees of KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen SanTong Co., is an Internet and intranet consulting, training, and solutions company in Korea with two offices in Korea--Seoul and Pusan--and several developers in Tenjin, China. With employees from the world-renown accounting firm KPMG, STIIS has broad experience in various business areas. STIIS also offers Perfect ERP, an enterprise resource planning solution developed by STIIS and sold to over 150 customer sites in Korea. About Bluestone Software Bluestone(R) Software, Inc., provider of Enterprise Interaction Management software, is a leader in business-to-Web and wireless technologies. Companies deploying e-business applications, like Avnet, CDNow, Food.com, MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. WorldCom, Planalytics, Reliance National, and Time Inc., rely on Bluestone's Total-e-Business(TM) platform to provide comprehensive e-business platforms, Internet-class infrastructures, and robust integration services that e-business success demands. Bluestone is headquartered at 300 Stevens Drive, Philadelphia, Pennsylvania, 19113-1597. For more information, please call 888-Bluestone or 610-915-5000, email info@bluestone.com, or visit http://www.bluestone.com Bluestone is a registered trademark, and Total-e-Business and Total-e-Server are trademarks of Bluestone Software, Inc. All other names, brands or products may be trademarks or registered trademarks of their respective owners. Certain statements in this press release constitute 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. as such term is defined in 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 involve known and unknown risks, uncertainties and other factors, including those contained in Bluestone's publicly filed reports with the Securities and Exchange Commission, which may cause Bluestone's actual results, performance, or achievements or those of its customers or its industry to be materially different from the future results, performance or achievements expressed or implied by these forward looking statements. Specifically, the Company's beliefs with respect to the business opportunities presented by e-business and the Company's ability to profitably market and deploy its product solutions may prove to be inaccurate. In light of the significant uncertainties inherent in these forward looking statements, the information in this press release should not be considered a representation by the Company or any other person that Bluestone's objectives and plans will be achieved. |
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