Centegy Corporation Partners With Bowstreet to Provide Web Software and Systems Integration.Business Editors & High-tech Writers FREMONT, Calif.--(BUSINESS WIRE)--March 22, 2000 Centegy and Bowstreet work together to help customers rapidly deploy web integration technology Centegy Corporation, an integrated e-business solutions provider that serves mid-sized companies, announced today that it has entered into a two-year partnership agreement with Bowstreet, the leading provider of 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. infrastructure 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 ) web marketplaces. The two companies will work together to provide their customers with quick solutions for remaining competitive in the fast-developing world of e-business. Centegy Corporation helps clients web-enable their supply chain areas, such as order entry, inventory management, billing, sales, and customer service. The Bowstreet(TM) Business Web Factory, a system based on Extensible Markup Language See XML. (language, text) Extensible Markup Language - (XML) An initiative from the W3C defining an "extremely simple" dialect of SGML suitable for use on the World-Wide Web. http://w3.org/XML/. (XML), directories, and patent-pending change automation technology, enables companies to exponentially broaden their market reach by creating dynamic and customized B2B web marketplaces. Centegy will use the Bowstreet Business Web Factory platform to build and deliver next generation e-commerce solutions, or "business webs" that allow line-of-business managers to create and customize hundreds of thousands of online business relationships simply by pointing and clicking via a web interface. Said Centegy Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and Chief Technology Officer Brian Reaves: "This partnership gives Centegy the ability to rapidly personalize 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. or customize web sites on an unlimited scale. The customization capabilities provided by Bowstreet coupled with the systems integration expertise of Centegy provides a win-win solution for everyone." Added Chris Ronzoni, Bowstreet's Vice President of Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , "Our partnership combines Bowstreet's strengths in customizing business relationships and processes, with Centegy's experience in integrating all types of supply chain applications, such as fulfillment and procurement systems. Together, Centegy and Bowstreet can deploy solutions to hundreds of businesses with complex supply chain systems by building on the core strengths of each company." About Centegy Centegy (intended to suggest "center of energy") Corporation is a pre-IPO Silicon Valley startup that provides integrated e-business solutions to mid-sized companies. Launched in March 1999, Centegy helps its customers connect their supply chain areas through links to the Internet. Although Centegy is a startup, its management team is made up of seasoned entrepreneurs with an impressive track record of building and running successful companies. The company received $5.4 million in its first round of funding in October 1999 from Asian Dream Inc., an investment company based in Tokyo and Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , and is currently in its second round of funding. Centegy is headquartered in Fremont and has field offices in Phoenix and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . It plans to open six more field offices in major U.S. cities by the end of 2000. For more information, visit www.centegy.com or call 510/789-1820. About Bowstreet Bowstreet provides the XML infrastructure to automate the creation of dynamic and customized B2B web marketplaces that enable new business models, extend companies' market reach, and generate new revenue. These "business webs" link an infinite number infinite number a number so large as to be uncountable. Represented by 8, frequently obtained by 'dividing' by zero. of customers, supplier, and partners in minutes instead of months and at a fraction of the cost of today's web development methods. Founded in January 1998, Bowstreet was ranked as one of the top e-commerce startups in the country at the Enterprise Outlook Conference, and has raised $90 million from leading venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] , global investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. , and strategic corporate investors. Bowstreet is headquartered in Portsmouth, N.H. For more information, visit www.bowstreet.com or call 603/436-9100. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion