Business Objects Announces Worldwide Software Bundle Agreement With TradingDynamics.Business Editors and High-Tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--December 21, 1999 TradingDynamics Web-Based Reporting Tool to Bundle WEBINTELLIGENCE e-Business Intelligence Software Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA ), the world's leading provider of e-business intelligence (e-BI) solutions, today announced a worldwide bundle agreement with TradingDynamics, an application provider for business-to-business (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 ) internet trading. WEBINTELLIGENCE(R) is the web-based query, reporting, and analysis tool from Business Objects. It serves as the basis for TradingDynamics(TM)' Market Suite Analyst, the company's web-based interface for monitoring and assessing market activity and historical trends. Operating with WEBINTELLIGENCE, Analyst enables market managers to get broad summaries of the market or drill down to analyze their market results by evaluating such factors as price trends, supply and demand, and system activity. "Working together, WEBINTELLIGENCE and TradingDynamics Market Suite Analyst interface give B2B internet trading companies industry-leading, web-based tools that lend access to valuable information generated during online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. ," said Kirk Cruikshank, 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 TradingDynamics. "As a result, these companies gain insight that can help them to measure trends and configure See configuration. (software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc. Cygnus configure was a similar system developed by K. the market based on changing market conditions." "Companies like TradingDynamics are providing the infrastructure for the business models of the next millennium, and we're happy to be a part of that infrastructure," said Bernard Liautaud Bernard Liautaud is chairman and chief strategy officer of Business Objects. Liautaud cofounded Business Objects in 1990 and was chief executive officer until September 2005. , president and CEO of Business Objects. "The bundling of WEBINTELLIGENCE with TradingDynamics' Market Suite Analyst gives B2B online trading companies the capability to track market behavior and quickly react to optimize optimize - optimisation the outcome." About TradingDynamics TradingDynamics delivers next-generation applications for business-to-business internet trading, providing the ability to conduct online commerce where prices are set by market forces. Combining expertise in economics, market design and internet application development, the company enables net market makers and corporations to quickly and easily configure a range of dynamically-priced markets--including auctions, reverse auctions and exchanges--to meet specific business situations. On November 15, 1999, TradingDynamics announced that it had entered into an agreement to be acquired by Ariba, Inc. (Nasdaq:ARBA). For more information see http://www.tradingdynamics.com. About Business Objects Business Objects is the world's leading provider of e-business intelligence (e-BI) solutions. Using e-business intelligence, organizations can access, analyze, and share information in intranet, extranet, and e-business environments. In intranets, the company's products provide employees with information to make better business decisions, and are used in environments ranging from workgroups of 20 users to enterprise deployments exceeding 20,000. In the extranet environment, the company is pioneering the use of e-BI in applications that allow organizations to build stronger relationships by linking customers, partners, and suppliers via the internet. In addition, the company's products can improve the performance of an e-business by providing reporting and analysis against the ever-expanding amount of transaction and profile data that is collected each day throughout the world wide web. Founded in 1990, Business Objects pioneered the modern business intelligence industry by inventing and patenting a "semantic layer Semantic Layer The semantic layer is a business representation of corporate data that helps end users access data autonomously using common business terms. Developed and patented by Business Objects, it maps complex data into familiar business terms such as product, " that insulates users from the technical complexity of database systems. Today, the company has sold more than 1,442,000 licenses to 9,100 organizations in more than 80 countries. The company's stock is publicly traded under the ticker symbols Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors NASDAQ: BOBJ and Paris Bourse Paris Bourse National stock market of France. : BOB. Business Objects can be reached at 408-953-6000 and www.businessobjects.com. Note to Editors: TradingDynamics is a trademark of TradingDynamics, Inc. WEBINTELLIGENCE is a registered trademark of Business Objects SA. Other company and product names may be trademarks of the respective companies with which they are associated. A full-text copy of this announcement may be obtained by calling the Company's fax retrieval line at 800-414-2114 and selecting option "two." The announcement may also be downloaded from the web; access http://www.businesswire.com/cnn and search on "Business Objects." Business Objects product inquiries should contact 800-527-0580. |
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