BroadVision, Cognos and Commerce One to Power Corio Intelligent Enterprise; Corio has Signed Strategic Agreements with Market Leading Software Companies.REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--Nov. 9, 1999-- Corio, Inc. today announced that technology leaders BroadVision, Cognos(R) (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 :COGN)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CSN CSN Crosby, Stills, and Nash (band) CSN Centrala studiestödsnämnden (Swedish: state education grant and loan program) CSN Confédération des Syndicats Nationaux (French) ) and Commerce One have joined previously announced partners, PeopleSoft and Siebel to offer their respective solutions through the Corio Intelligent Enterprise(TM). Corio continues to redefine the ASP model with today's unveiling of the Corio Intelligent Enterprise(TM), a modular solution offering world-class applications in a pre-integrated package - over a secure network, for a monthly fee. By providing these rich functional applications on the Corio Intelligent Enterprise(TM), Corio customers will enjoy all the benefits of a best-of-breed environment without the large costs and IT challenges associated with making them all work together. Editor's note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : Please see related release titled "Corio Launches Corio Intelligent Enterprise(TM)." "This is a powerful line-up of partners," said George Kadifa, 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 Corio. "BroadVision, Cognos and Commerce One are at the leading edge of their respective categories. They each bring incredibly robust applications to bear for our customers. We are proud to partner with such well established industry leaders." Offering Access to Powerful Business Applications in an Integrated Environment With the announced companies, Corio features a suite more powerful than any other available today. The Corio Intelligent Enterprise(TM) gives customers a comprehensive solution and a platform to meet their growth objectives. In BroadVision, Corio has partnered with the market pioneer and leader. BroadVision enables eBusiness transactions and e-commerce in the Corio Intelligent Enterprise(TM). BroadVision applications enable companies to personalize communications, transactions and services to match the needs of employees, partners, and customers. "BroadVision is pleased to be a part of the Corio Intelligent Enterprise(TM)," said Dr. Pehong Chen, president and CEO of BroadVision. "Corio has clearly done their research and understands the implications a pure-play ASP can have on a business. With the advanced personalized eBusiness capabilities in our products, companies that choose to leverage Corio's offering will have the tools to create a powerful self-service presence, with all the back-office capabilities they will ever need." Cognos is the world's leading vendor of enterprise business intelligence solutions and gives companies access to critical decision support tools through its Business Intelligence software. As part of the Corio Intelligent Enterprise(TM), Cognos' software will help companies easily extract critical information and use it for a competitive advantage. "Corio has devised an elegant solution and recognizes the value of the information companies collect," concluded Ted Jandl, Cognos area vice president of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. partner sales. Customers will realize tremendous business advantages through the Cognos applications now available in the Corio Intelligent Enterprise(TM)." We see working with Corio as a way to service a whole new class of customer, further expanding our reach and our leadership position." Commerce One leverages the "frictionless" nature of the Internet to facilitate business-to business e-commerce through a Web-based electronic commerce application. The software provides a single interface for thousands of users across the enterprise and manages purchases of all types of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. activity. Customers accessing Commerce One's solution through the Corio Intelligent Enterprise(TM) will subsequently be able to leverage the aggregated buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. of the Corio Intelligent Enterprise(TM). "Commerce One is excited to be the first in our market to offer an ASP solution to customers," said Mark Hoffman, president and CEO at Commerce One. "Corio continues to do some very innovative things. The company clearly understands how to enable enterprise eBusiness." "We are changing the way people look at ASPs," proclaims Kadifa. "With the Corio Intelligent Enterprise(TM), we have mapped out the future of the industry for our customers and for the market. In partnering with leading companies, we continue to not only offer very strong products to our customers, but also eliminate all the technology pains associated with rich, complex applications." About Corio, Inc. Corio, Inc. is the leading enterprise application service provider (ASP) for high-growth companies. Corio enables eBusiness by offering an integrated application solution over a secure network for a monthly fee. Corio's integrated suite features BroadVision, Cognos, Commerce One, PeopleSoft and 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. applications. Customers immediately gain the benefits of a comprehensive eBusiness infrastructure without bringing the associated costs, complexity and IT challenges in-house. A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , Corio is headquartered in Redwood City, Calif., with 15 offices across the U.S. Additional information about Corio is available at http://www.corio.com. About BroadVision, Inc. BroadVision, Inc. (NASDAQ:BVSN BVSN Broadvision, Inc. (stock abbreviation, AMEX) ) is a leading worldwide supplier of personalized eBusiness applications. BroadVision's end-to-end solutions enable companies to rapidly deploy and cost-effectively operate secure, scalable, intelligent, and flexible eBusiness applications for e-commerce, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and knowledge management. The Company's entire product line has experienced strong growth and increasing acceptance by Global 2000 businesses, government entities and "e-startups." BroadVision has more than 400 customers in financial services, retail, distribution, high technology, telecommunications, government and travel including Argentaria, American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the , British Telecom The telephone and communications carrier that provides services in Great Britain and Northern Ireland. It used to be a division of the British Post Office, but was privatized in 1984 under Margaret Thatcher's administration. , CCF CCF abbr. Cooperative Commonwealth Federation of Canada Group, Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. , Ernst & Young, Hewlett-Packard, The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Motorola, RS Components, Vodafone, Wal-Mart and Xerox. BroadVision is headquartered in Redwood City, Calif. and maintains an extensive network of subsidiaries and licensed resellers in North and South America, Europe and Asia. The Company can be reached at (650) 261-5100 or at www.broadvision.com. About Cognos, Inc. Cognos, Inc. is the leading vendor of enterprise business intelligence solutions. Business Intelligence software makes corporate data easily accessible to everyone in an organization, so they can better coordinate decision-making across the entire enterprise, and improve the performance of the business. Cognos products are available directly from Cognos and through an extensive network of channel partners. The Company also develops, markets and supports software tools for application development. Founded in 1969, Cognos 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. with offices around the world. U.S. operations for the company are headquartered in Burlington, Massachusetts. For more information, visit the Cognos Web site at http://www.cognos.com. About Commerce One Commerce One is the leading provider of electronic commerce solutions that dynamically link buying and supplying organizations into real-time trading communities. The Commerce One Solution, comprised of Commerce One BuySite and Commerce One MarketSite, enables companies to significantly reduce operational costs and increase efficiency by automating the entire indirect goods and services supply chain. As a result, enterprise organizations are able to realize a strategic competitive advantage, as well as a rapid return on investment. Commerce One is located in Walnut Creek, Calif. and can be reached by phone at 800/308-3838 or 925/941-6000 or via the Internet at http://www.commerceone.com. Corio and the Corio Intelligent Enterprise are trademarks of Corio, Inc. All other product and company names mentioned herein may be the trademarks of their respective owners. Cognos and the Cognos logo are registered trademarks of Cognos, Inc. |
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