BroadVision and Commerce One Forge Alliance; BroadVision Links Customers to Commerce One's MarketSite.net For Business-to-Business e-Commerce.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. & PLEASANTON, Calif.--(BUSINESS WIRE)--Aug. 8, 2000 BroadVision(R), Inc. (Nasdaq:BVSN BVSN Broadvision, Inc. (stock abbreviation, AMEX) ), a leading provider of personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. e-business applications, and Commerce One (Nasdaq:CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ), a leader in global e-commerce solutions for business, today announced an agreement to integrate the BroadVision Procurement application, built on the company's industry-leading BroadVision One-To-One Commerce suite, with Commerce One's MarketSite.net. Under the agreement, BroadVision will offer access to MarketSite.net to customers of its procurement product, and the two companies will engage in joint marketing activities to promote the combined BroadVision/Commerce One solution. "We are excited to welcome BroadVision's customers to Commerce One's MarketSite.net," said Roy Satterthwaite, vice president of Commerce One MarketSite Business Unit. "Commerce One is committed to moving global trade to the Web. By working with leading e-commerce vendors like BroadVision, we are creating more e-marketplace on-ramps and facilitating real transactions for 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. ." Commerce One's MarketSite.net is the U.S. portal for exchanging goods and services among businesses worldwide. BroadVision customers will have an easy on-ramp to the MarketSite.net, one of the world's premier e-marketplaces providing millions of items from one consolidated supplier base. "As we were developing the BroadVision Procurement application, our customers clearly indicated that they wanted to be able to choose their supplier network," said Rani ra·ni also ra·nee n. pl. ra·nis also ra·nees 1. The wife of a rajah. 2. A princess or queen in India or the East Indies. Merritt, executive vice president, worldwide marketing organization, BroadVision, Inc. "BroadVision delivered the flexibility; Commerce One delivers the global trading web of choice." About BroadVision BroadVision (Nasdaq: BVSN, Neuer Markt: BDN BDN Borland Developer Network BDN Bangor Daily News (Maine, USA) BDN Business Development Network BDN Bell Data Network BDN Bulk Data Network BDN Busy Doing Nothing (band) BDN Buffered Delta Network ) develops and delivers an integrated suite of packaged applications for web and wireless deployment. Global enterprises use these applications to become more competitive and profitable by establishing and sustaining high-yield interactions and transactions with customers, suppliers and employees. BroadVision -- founded in 1993, public since 1996, profitable since 1998 -- has over 1,000 customers throughout the world. IDC ranks BroadVision as the world's leading provider of e-commerce software applications (International Data Corp., E-Commerce Software Applications Market Forecast and Analysis, 2000-2004). 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. , and offers its products and related consulting, education, and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services in more than 34 countries. BroadVision can be reached at 650/261-5100 or info@broadvision.com. About Commerce One Commerce One (Nasdaq:CMRC) is the leader in global e-commerce solutions for business. Through its products, portals, and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. The Commerce One Global Trading Web(TM) is the world's largest business-to-business trading community. Comprised of many open e-marketplaces, the Global Trading Web provides unprecedented economies of scale for buying organizations, suppliers, and service providers worldwide. Commerce One is located in Pleasanton, Calif., and can be reached by phone at (800) 308-3838 or (925) 520-6000 or via the Internet at http://www.commerceone.com/. Note to Editors: Commerce One, Many Markets. One Source., Global Trading Web, GTW GTW Gateway, Inc. (stock symbol) GTW Global Trade Watch GTW Grand Trunk Western (railroad) GTW Gatwick Airport GTW Global Trading Web (Commerce One B2B-platform) , BuySite, MarketSite, Global Trading Platform, Common Business Library, 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. Development Kit, XML Commerce Connector, MarketView, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. All other company, product, and brand names are trademarks of their respective owners The foregoing paragraphs include 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. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements concerning an alliance regarding the implementation of business-to-business electronic marketplaces and the potential business benefits to be realized from such alliance and marketplaces. These statements are subject to risks and uncertainties. Actual results may differ materially from those described in such statements as a result of a number of factors. These factors include but are not limited to the ability of Commerce One and Broadvision to develop and implement e-marketplace solutions and the extent of customer adoption and utilization of these e-marketplaces. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999 and its quarterly report on Form 10Q for the quarter ended March 31, 2000. |
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