BroadVision Expands Strategic Alliance With HP to Provide Next-Generation Integrated E-business Solutions Worldwide.Business Editors/High-Tech Writers 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)--Aug. 2, 2000 HP Providing Additional Support, Development and Sales of Current and New BroadVision Products BroadVision(R), Inc. (Nasdaq: BVSN BVSN Broadvision, Inc. (stock abbreviation, AMEX) ), the leading provider of personalized e-business applications, announced that the Hewlett-Packard Company is extending its relationship with BroadVision, which includes $35 million (U.S.) commitment to BroadVision announced in April 1999. Under the terms of the extended alliance, HP and BroadVision will expand their reseller relationship and allocate more dedicated resources from both companies over the next three years for the development, sale, systems integration and support of a complete suite of pre-integrated, best-in-class e-business solutions and services. With the extended relationship, HP will resell, provide systems integration services and support all of BroadVision's suite of packaged, vertical applications including One-To-One Publishing, Procurement, MarketMaker, Enterprise Relationship Management and One-To-One Billing. HP will continue to offer complete e-business solutions built on open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced , integrating seamlessly with back-end 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. and legacy systems of enterprise customers. "HP's commitment to BroadVision illustrates our shared vision of providing customers a breadth of personalization offerings to the entire e-commerce value chain. We are working closely to bring together a complete suite of integrated, best-in-class applications and services, based on BroadVision's e-commerce applications and HP's own software portfolio for manageability, reliability and security," said Bill Russell Noun 1. Bill Russell - United States basketball center (born in 1934) William Felton Russell, Russell , vice president of HP's Software and Solutions Organization. Joint Successes To Date Since the announcement of the strategic relationship last April 1999, HP and BroadVision has exceeded expectations in areas of product development, joint customers and new ventures. With BroadVision solutions deployed across several HP divisions worldwide, both companies also have sold enterprise commerce and business-portal solutions to international customers and partners signing more than 70 joint deals with customers in both B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. and 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 markets and in verticals such as retail/wholesale, financial services, manufacturing/high-tech, travel/tourism, agriculture, and telecommunications including Wal-Mart Stores, Home Depot, Charitableway.com, WebPRN, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. PC, Long's Drugs, Frost Bank, Bell Atlantic, United Grain Growers United Grain Growers, or UGG, was a Canadian grain distributor. Founded in 1906 in Winnipeg, UGG was active in grain sales, crop inputs and livestock production services. , Rand McNally and Ernst & Young. "This announcement is a testament to the commitment of HP and the success of our alliance over the last year," said Pehong Chen, president and chief executive officer of BroadVision. "It's gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to see a company of HP's stature and global presence select BroadVision to help build and deliver the solutions that establish e-relationships among customers, partners and employees and we look forward to continuing to maximize the power of their channel." About BroadVision BroadVision develops and delivers an integrated suite of packaged, vertical applications that enable global enterprises to become more competitive and profitable by establishing one-to-one relationships with customers, suppliers and employees. BroadVision applications automate a wide range of self-service processes involving B2C, B2B, and B2E B2E Business to Employee B2E Business to Enterprise transactions. An enterprise uses BroadVision applications to integrate their entire e-commerce value chain -- workplace, supply, and demand -- to create a thriving e-business ecosystem. BroadVision completed its initial public offering in June of 1996. It ranks No. 2 in Business Week's IT100 list of the world's top 100 best-performing information technology companies (November 26, 1999), No. 13 in Fortune Magazine's e50 list of 50 most important e-companies (October 1999), and No. 365 in Forbes 500 -- the top 500 companies in the U.S. (April 17, 2000). BroadVision is headquartered in Redwood City, California Redwood City is a suburb located on the San Francisco Peninsula in the San Francisco Bay Area of California. Redwood City is the county seat of San Mateo County. As of the 2005 census, the city had a total population of 76,000. , with offices and operations in more than 34 countries and over 1,000 customers throughout the world. BroadVision can be reached at 650/261-5100 or info@broadvision.com. Note to Editors: BroadVision is a registered trademark and BroadVision One-To-One is a trademark of BroadVision, Inc. in the United States and other countries. Other names herein may be the property of their respective owners. |
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