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Bowstreet's Business Web Factory Deployed by GE Small Business Solutions.


Business/Technology Editors

Fall Internet World 2000

NEW YORK--(BUSINESS WIRE)--Oct. 25, 2000

Bowstreet today announced that GE Small Business Solutions (GESBS), a division of GE Capital, will use the Bowstreet(TM) Business Web Factory to quickly reach thousands of new customers on the Internet.

As a result of Bowstreet's (www.bowstreet.com) technology, GESBS (www.GESmallBusiness.com) will instantly embed em·bed   also im·bed
v. em·bed·ded, em·bed·ding, em·beds

v.tr.
1. To fix firmly in a surrounding mass: embed a post in concrete; fossils embedded in shale.
 its financial product offerings in scores of carefully selected partner sites simply by pointing and clicking. The resulting "business web" will expand GESBS' market reach.

GESBS helps small businesses grow through a wide range of products, including equipment financing, SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
 loans, corporate credit cards, employee benefits programs, and fleet management for businesses with up to $20 million in revenues. With Bowstreet, GESBS will transform these services into XML-based application components. Ordinary business managers will point and click to select, combine and customize these components, then deploy them in partner web sites.

This plug-and-play approach to e-commerce saves time and money over the traditional web development approach - hard-coding monolithic Single object. Self contained. One unit.  partner sites and modifying them line by line. And since GESBS is actually embedding 1. (mathematics) embedding - One instance of some mathematical object contained with in another instance, e.g. a group which is a subgroup.
2. (theory) embedding - (domain theory) A complete partial order F in [X -> Y] is an embedding if
 its services in partner sites, customers aren't whisked away by hyperlinks to GESBS' site. In this way, GESBS helps its partners retain their customers.

"Our relationship with Bowstreet will help small business owners find financial solutions faster and easier," said Jeff Keisel, 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 GE Small Business Solutions. "Additionally, we'll eliminate the time and expense of traditional 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
 programming, and quickly and cost effectively build our business web."

GESBS will go live in November with its first business web partner, AllBusiness.com, a portal that aggregates web-based services for business managers and entrepreneurs.

"Bowstreet is thrilled thrill  
v. thrilled, thrill·ing, thrills

v.tr.
1. To cause to feel a sudden intense sensation; excite greatly.

2. To give great pleasure to; delight. See Synonyms at enrapture.
 to work with GE Small Business Solutions, and we look forward to providing them with a reliable solution," said Bowstreet president and CEO Bob Crowley For the software, see .

For the computer specialist, see .
Bob Crowley (born in Cork, Ireland) is a theatre director, scenic and costume designer. He is the brother of director John Crowley.
.

About GE Small Business Solutions

GE Small Business Solutions, a division of GE Capital, offers commercial real estate financing, equipment financing, working capital, corporate credit cards, employee benefit programs and fleet financing and management to small businesses with up to $20 million in revenues. GESBS provides the financial resources, e-commerce expertise and industry know-how to help small businesses grow in today's fast-paced economy.

Launched this past February, GESBS offers a new Web site, www.GESmallBusiness.com, and a toll-free number, (888) 335-4372. The site offers small businesses financial solutions via the Internet, including equipment loans and leases, vehicle leases, SBA loans, lines of credit, corporate credit cards, benefits programs, personal computers and technology solutions.

About Bowstreet

Bowstreet provides 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.
 infrastructure for plug-and-play e-commerce. Bowstreet's Business Web Factory and businessweb.com use change automation technology to create business webs: fluid, interconnected collections of web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  that come together dynamically over the Internet to create entirely new business models. Bowstreet's pioneering solutions enable companies to sell new products and services, create new channels of distribution and develop new business initiatives at a fraction of the time and cost of many of today's approaches. For more information, visit www.bowstreet.com or call 603-559-1900.

Bowstreet is a trademark of Bowstreet.com Inc. All other company names and product names may be trademarks or registered trademarks of their respective companies or owners.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 25, 2000
Words:535
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