Cargill Selects webMethods B2B for Connecting to Trading Partners and Major Exchanges; One of the World's Largest Manufacturers Invests in B2B Integration.Business/Technology Editors FAIRFAX, Va.--(BUSINESS WIRE)--April 2, 2001 webMethods, Inc. (Nasdaq:WEBM WEBM webMethods Inc. (stock abbreviation, AMEX) ), the leading provider of integration software solutions for Global 2000 corporations, major 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 exchanges and leading software application vendors, today announced that Cargill has selected the webMethods integration platform to extend the company's e-business strategy by connecting with trading partners and multiple exchanges over the Internet. To date, Cargill has been an active participant in several large exchanges such as Novopoint.com(TM), eFS Network, The Seam (a B2B Marketplace serving the cotton industry), and Rooster rooster its crowing at dawn heralds each new day. [Western Folklore: Leach, 329] See : Dawn rooster symbol of maleness. [Folklore: Binder, 85] See : Virility .com(SM). webMethods integration platform will allow Cargill to integrate with these marketplaces and others, while also creating direct connections with trading partners. Cargill is a leading merchandiser, processor and distributor of agricultural and other commodities. Many of the industries in which they participate are marked by buyer fragmentation, complex logistics and communications systems and labor-intensive purchasing processes. Integrating Cargill's internal applications with the applications of large exchanges and trading partners will further automate the company's business processes, creating greater efficiency throughout its supply chain and helping the company meet rising customer expectations for service. "When handling the shear volume of products we deal with on a daily basis, it is absolutely necessary to automate as many processes as possible to operate efficiently," said Lloyd Taylor, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. for Cargill. "Our goal is to minimize the expense of doing business, and we believe creating tighter integration throughout our supply chain will play a key role in streamlining our business processes. Although we are a large global company, this type of far-reaching integration enhances our ability to be responsive to our customers and the marketplace." "Cargill has consistently demonstrated leadership and innovation within its market segment," said Beth Lovett, program manager, Consumer Goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and & Retail Industry for webMethods, Inc. "As a company that has been working in the business to business sector for almost 150 years, Cargill understands the challenges of operating a large business selling to a globally dispersed customer base. Through webMethods integration platform, Cargill can further extend the company's reach by connecting directly with exchanges and trading partners to streamline their business processes and strengthen relationships with customers." About webMethods, Inc. webMethods, Inc. (Nasdaq:WEBM) is the leading provider of integration software solutions for Global 2000 corporations, major B2B exchanges and leading software application vendors. The webMethods integration platform allows customers to achieve quantifiable R.O.I. by linking business processes, enterprise and legacy applications, databases and workflows both within and across enterprises. By deploying the webMethods integration platform, customers reduce costs, create new revenue opportunities, strengthen relationships with customers, substantially increase supply chain efficiencies and streamline internal business processes. Founded in 1996, webMethods is headquartered in Fairfax, Va., with offices throughout the U.S., Europe and Asia Pacific. webMethods has more than 550 customers worldwide--from Global 2000 leaders such as Citibank, Dell, Eastman Chemical, The Ford Motor Company, Grainger, Motorola and Starbucks to major industry-backed exchanges like ForestExpress, eHITEX/Converge and PetroCosm. webMethods' strategic partners include Ariba, Broadvision, Commerce One, Deloitte Consulting, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , i2 Technologies, J.D. Edwards (J.D. Edwards & Company, Denver, CO, www.jdedwards.com) A developer of multinational, integrated enterprise software for distribution, finance, human resources, manufacturing and supply chain management. , KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen Consulting, Microsoft, Oracle Corp., SAP AG (company) SAP AG - (Systeme, Anwendungen, Produkte in der Datenverarbeitung - German for "Systems, Applications and Products in Data Processing") A company from Germany that sells the leading suite of client-server business software. The US branch is called SAP America. and Siebel Systems. More information about the company can be found at www.webMethods.com. webMethods is a registered trademark of webMethods, Inc. All other company and product names are property of their respective owners. This press release contains various remarks about the future expectations, plans and prospects of webMethods that constitute forward-looking statements for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions under The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The actual results of webMethods may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Risk Factors section of webMethods' recent Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2000, as amended, which is on file with the Securities and Exchange Commission. |
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