BroadVision Gains Momentum in Key B2C and B2B Markets -- e-Financial, e-Travel, e-HighTech, e-Manufacturing, and e-MarketExchange.Business/High-Tech Editors REDWOOD CITY, Calif.--(BUSINESS WIRE)--July 10, 2000 BroadVision One-To-One Applications Are Solutions Of Choice For Next Generation E-Corporations BroadVision, Inc. (Nasdaq: BVSN BVSN Broadvision, Inc. (stock abbreviation, AMEX) ), a leading worldwide supplier of personalized e-business applications, today announced that the company continues to gain significant momentum on a worldwide basis in all key markets -- e-Financial, e-Travel, e-HighTech, e-Manufacturing, and e-MarketExchange -- for its One-To-One family of 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 applications across the entire enterprise ecosystem. B2C Outlook According to a recent Morgan Stanley Dean Witter research report (January 2000), e-financial and e-travel will top the first two positions in B2C e-commerce, yielding an estimated $285 billion and $23 billion in transactions, respectively, in 2003. E-Financial BroadVision has been very active in e-enabling the global financial services industry. Recent major wins include Adhesion Technologies (FirstUnion Bank), Answer Financial, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Barclays Bank, Credit Lyonnais, e-Trade, FleetBoston Bank, Fortis Bank, Frost Bank, San Paulo Bank, State Farm Insurance, Thai Military Bank, and Zurich Financial Group. In total BroadVision's e-business solutions now power more than 100 of the world's most innovative e-financial services firms including: ABN AMRO Bank, Achemea Insurance, Adhesion Technologies, AGF AGF Assurances Générales de France AGF Army Ground Forces AGF American Growth Fund (mutual fund) AGF American General Finance AGF Arbeitsgemeinschaft der Grossforschungseinrichtungen AGF Anatomic Gift Foundation AGF Assume Good Faith Banque, Agribank, Answer Financial, ANZ Bank, Argentaria Bank, Banco Santander, Bank of America, BankAustria, BankGeneva, BankInter, CCF Bank, Commerz Bank, Credit Lyonnais, Credit Suisse, Daoheng Bank, DBS Bank, DLJ Direct Japan, e-Trade, FleetBoston Bank, Fortis Bank, Frost Bank, GE Capital, Hartford Life, HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) , ICICI ICICI Industrial Credit and Investment Corporation of India Ltd., ING Bank, Intuit InsureMarket, Jardine Fleming, Keppel Tatlee Bank A Singapore based bank. Formed through a merger of Keppel Bank and Tat Lee bank. Formerly partially owned by Allied Irish Banks, and sold to Oversea-Chinese Banking Corporation. , Liberty Financial, Lloyds Bank, Lord Abbett, M&I Bank, MayBank, Nikko Securities, Nomura Research, Oversees Union Bank, Paribas, Samsung Card, San Paulo Bank, Shanghai Commercial Bank Shanghai Commercial Bank (Chinese: 上海商業銀行) is a bank originally founded in Shanghai. Since 1950, it has been based in Hong Kong. It is affiliated with Shanghai Commercial and Savings Bank in Taiwan and has a stake in Bank of Shanghai in , Silicon Valley Bank, Sony Monex, Standard Chartered Bank Standard Chartered Bank (LSE: STAN, HKSE: 2888 ) is a British bank headquartered in London with operations in more than fifty countries. It operates a network of over 1,600 branches (including subsidiaries, associates and joint ventures) and employs almost 60,000 , State Farm, Strong Capital, Taiwan Business Bank, Taiwan Securities, TD Waterhouse Europe, Thai Military Bank, UBS, UniCredito, USAA USAA United Services Automobile Association USAA Urban Superintendents Association of America USAA United States Achievement Academy USAA United States Arbitration Act of 1925 USAA United States Axemen's Association USAA United States Air-Table-Hockey Association , Visa USA, Zurich Financial Group. E-Travel BroadVision's recent wins in the airline industry include Aer Lingus and Japan Airlines. Furthermore, through the recent strategic alliance with Amadeus, the world's leading GDS booking engine, the two companies expect to see their combined technologies widely adopted by many of the world's 30 major airlines whose websites are currently being managed by Amadeus as well as a number of e-travel portals being established by Amadeus throughout the world. A partial list of BroadVision's current customers in the world's travel industry include: Aer Lingus, Air Canada, AirMiles (member of British Airways Group), Airtours, AllMyWay.com, Amadeus, American Airlines, Budget Rental Cars Canada, CafeMumbai.com, Carlsen Companies, China Travel Agency, ClubMed, EuroStar, Forte Hotels, GoChinaGo.com (member of tom.com), IntraWest, Japan Airlines (JAL), Liberty Channel, Nihon Travel Agency, Rail Europe Group, Rand McNally, Samsung Travel, TAM Airlines, and Thomas Cook. B2B Outlook According to an estimate by Merrill Lynch (B2B Market Maker Book, Feb. 3, 2000), worldwide B2B e-commerce transactions will exceed $2.4 trillion dollars in 2003. However, some 90% of that transaction volume will come from enterprise direct buying and selling, with the balance from open spot market exchanges. E-HighTech BroadVision's mission-critical B2B applications are helping fellow high-tech companies become serious contenders in the New Economy. The company's presence has expanded across the entire high-tech food chain including semiconductors, hardware components and systems, software, distribution, and professional services. Major recent wins include Ericsson for its mobile commerce portal initiative, 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 Division (No. 1 PC maker in Japan) for PC direct selling, and UMC, the world's second largest independent semiconductor foundry. BroadVision's key end-user accounts in the high-tech industry include: Adaptec, Agilent, Andersen Consulting, Applied Materials, Azlan, BMC Software, Business Objects, Cadence, Cambridge Technology, China InfoHighway, Deloitte & Touche, Electronic Arts, EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , Ernst & Young, Evolve, Ericsson, Epson, Fujitsu, GE Supply, Getronics, Hitachi LSI, HP, Infineon, Intel, Iona, ISSI ISSI International Space Science Institute ISSI Inter-Switching System Interface ISSI International Society for Self and Identity ISSI International Society for Skin Imaging (Bochum, Germany) ISSI Internet Security Systems Inc. , Legend Technology, Macromedia, Matsushita, Micron Technologies, Motorola, Mercury Interactive, NEC PC, Nortel, Novell, Philips, PSDI PSDI Presence-Sensing Device Initiation PSDI Public Service Directory Interactive PSDI Project Software Development Incorporated PSDI Pin Service Denial Indicator , Resource Phoenix, Ricoh, Rockwell, RS Components, Samsung Electronics, Samsung Semiconductors, Satyam, Sema, Siemens, Smartforce, Solectron, Sony Broadcast & Professional, Sony PC, Toshiba PC, TrendMicro, TSMC TSMC Taiwan Semiconductor Manufacturing Company, Ltd TSMC Taiwan Semiconductor Manufacturing Corporation TSMC Traffic Systems Management Center TSMC Toll Station Management Controller TSMC Transportation Supply Maintenance Command TSMC Technical Services Manager Code , UMC, Unifi (PriceWaterhouseCoopers), Unisys, WindRiver, WRQ, WW Grainger, Xerox, Xpedior, Xylinx, Zefer, Ztango, etc. E-Manufacturing BroadVision B2B solutions are also propelling traditional brick-and-mortar manufacturers into the e-era, recently adding world-leading players such as Brunswick, ChinaSteel, Dade Behring, Electrolux, Ford Motor Company, Georgia Pacific, Maytag, and others to the existing roster of blue-chip manufacturers including Aggregate Industries, Air Liquide, BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida , Bio-Rad, Boeing, Fiat, GE, Groupe Renault, Hilti, Pitney Bowes, Samsung Electro Mechanical, Sealed Air, Teraoka, Volkswagen. E-Market Exchange A number of the world's new e-market exchanges have selected BroadVision B2B solutions for buy-side and sell-side e-commerce whose distinctions are premier information delivery with a robust and scalable technology core. Examples include BuildNet, e-Exchange, e-Greenbiz.com, e-Purchasing.com, eRugGallery.com, FuelQuest.com, idmarket.com, PlanetSalvage.com, PlanetSat, TheDock.com, Universal Exchange, WellNet, and WorldMetal.com. Core to the success of these new enterprises is a strong technology foundation. BroadVision One-To-One applications offer ongoing commitment to open standards, high performance and scalability. BroadVision One-To-One applications are a robust foundation for real-time, individualized targeting, easy, flexible content management and a foundation for the next generation of Internet applications running from Web to wireless environments. Recently, BroadVision brought to market extended support for Java, XML, and WAP to existing support of JavaScript, COM, LDAP (Lightweight Directory Access Protocol) A protocol used to access a directory listing. LDAP support is implemented in Web browsers and e-mail programs, which can query an LDAP-compliant directory. , and CORBA (Common Object Request Broker Architecture) A software-based interface from the Object Management Group (OMG) that allows software modules (objects) to communicate with each other no matter where they are located on a private network or the global . BroadVision One-To-One Enterprise applications also include enhanced support for XML/XSL content management. XML -- the next generation of HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. -- the language that GartnerGroup estimates 80 percent of application-to-application traffic passing over public networks will use by 2003 (GartnerGroup, October, 1999). "To make e-Greenbiz.com the world's leading online business-to-business site for the green industry, we needed a solution that would enable the implementation of robust, scalable and secure electronic commerce solutions," said John E. Cochran, 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 e-Greenbiz.com, Inc. "So we knew that the e-business foundation we selected would have to provide us with a complete suite of services and functions from front to back end, including customer relationship marketing, product service and supply chain management. BroadVision has a solid reputation for reliable services regardless of transaction or site volume -- this was attractive because we wanted a system capable of matching large amounts of data with `Green Industry' buyers and sellers exchanging products. "We're expecting heavy traffic and we know BroadVision can help us handle it." About BroadVision, Inc. BroadVision, Inc. (Nasdaq: BVSN, Neuer Markt: BDN) is the leader in personalized e-business applications. BroadVision's comprehensive suite of integrated applications is built for delivery via the Web and wireless devices. Companies using BroadVision's proven applications get to market quickly, launching innovative e-commerce, self-service and enterprise information sites. These sites enable personalized interactions and transactions with customers, partners, suppliers and employees. BroadVision One-To-One(TM) applications power business-to-consumer and business-to-business sites for many of the world's top companies in the financial services, telecommunications, electronics, manufacturing, retail and travel industries. BroadVision applications are available in more than 120 countries worldwide. Headquartered in Redwood City, Calif., USA, the company can be reached at (650) 261-5100 or at www.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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