CAP GEMINI America and OneWave team to extend enterprise resource planning solutions to the Internet.WATERTOWN, MA--(BUSINESS WIRE)--Aug. 1, 1996--CAP GEMINI America a leading provider of IT consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , and OneWave Inc. (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 :OWAV), a software solutions provider for the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , today announced an alliance agreement under which the two companies will work to extend enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (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. ) solutions to the Internet. Under the terms of the agreement, CAP GEMINI America will initially train 15 consultants in the use of OpenScape, and will grow this number to 30 by year's end. CAP GEMINI America consultants will use OneWave's OpenScape product to extend the reach of popular mission-critical ERP applications from vendors such as SAP, Baan and Peoplesoft, to new business audiences over the Internet. CAP GEMINI America's packaged application expertise and consulting services combined with OneWave's application extension software for the Internet will also help users to take a phased approach to implementing ERP application functionality. Companies will be able to use modules of ERP applications as they are implemented instead of waiting for entire projects to be completed. "Business activity on the Internet is exploding. Our clients believe electronic transactions are a more efficient way of handling their business, and we agree," says Jan Dirk de Rijke, head of CAP GEMINI America's Package Based Solutions (PBS PBS in full Public Broadcasting Service Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural, ) division. "We are excited about working closely with OneWave to provide our clients with the Internet capabilities they request, quickly and cost effectively." "This combined solution will offer companies a viable solution for rapid implementation of ERP on the Internet," said Jim Nondorf, vice president of Strategic Alliances at OneWave. "CAP GEMINI America's well-respected consultants will provide the breadth of experience necessary to extend mission-critical ERP applications to the Internet for immediate use, providing businesses with a further opportunity to maximize their investments in client/server technology, while leveraging the Internet's enormous potential." About CAP GEMINI America CAP GEMINI America is a member of the CAP GEMINI S.A., one of the largest information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. companies in the world, with annual revenues of $3 billion. The company's strategic information systems transformation and integration services includes system planning, client/server and object oriented See object technology and object-oriented programming. systems development, legacy systems management, maintenance and enhancement, data warehouse and renovation services, package software implementation and custom development. CAP GEMINI supports client and partner accounts in the finance, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , manufacturing, consumer products and process industries. CAP GEMINI America is the only major U.S. systems integration and consulting organization awarded ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certification for the study, design, implementation and maintenance of information systems, achieved in 1994. The company is committed to excellence, providing world class IT services on time and above customer expectations in over 16 countries for almost three decades. About OneWave, Inc. OneWave, Inc. is a provider of software solutions that integrate and extend critical business applications across enterprises, intranets and the Internet. OneWave's OpenScape software helps companies adapt to rapidly changing market conditions by minimizing implementation time frames, leveraging existing technology investments, and reducing software development costs. The Company's proven method for optimizing Internet, Web, client/server, and legacy technologies offers customers fast, easy, and cost-effective business implementations. For additional information about OneWave, please access the Company's World Wide Web site at http://www.onewave.com; send e-mail to info@onewave.com; or call (617) 923-6500. -0- This press release contains 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 and Section 21E of the Securities Exchange Act of 1934. The Company's actual results could differ materially from those set forth in the forward-looking statements. Certain factors that might cause such a difference include delays in product development and product roll-out, technological changes in the industry, the announcement or introduction of competitive products, market acceptance of the announced products and those factors discussed in the section entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: "Risk Factors" on page 5 of the company's Registration Statement on Form S-1 dated July 2, 1996. OneWave and OpenScape are trademarks of OneWave, Inc. Other product and company names may be trademarks of the respective companies. CONTACT: OneWave, Inc. Peg Culotta, 617/923-6500 pculotta@onewave.com or CAP GEMINI America Susan Morgan, 212/944-6464 x202 sumorgan@capgemini.com |
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