CivicLife.com to Build Global Portals Strategy Using SilverStream eBusiness Platform.Business Editors 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. , Calif.--(BUSINESS WIRE)--Aug. 7, 2000 SilverStream Software 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 :SSSW), the eBusiness Platform Company, and CivicLife.com, Inc., an Internet company building 'citizen-centric' civic access solutions, today announced a significant partnership which will see CivicLife.com extend its portal-based strategy using SilverStream's ePortal and xCommerce solutions. CivicLife.com's portal strategy is geared to helping citizens access information, execute critical transactions and interact with all of the civic institutions that have a direct impact on their personal lives -- including federal, state/provincial and local government agencies and officials, schools, community groups and even local businesses -- via a single online gateway. Coupled with the portal will be a set of tools and e-applications to help civic organizations animate their services online and deploy transaction capabilities fully integrated with their legacy systems. The SilverStream ePortal, part of SilverStream's eBusiness Platform, provides e-business architects with the necessary flexibility, time-to-market and standards-based platform they need to build and deploy e-business portals. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Karl Gretton, CivicLife.com's Senior Vice-President of .com Technology/CTO, the solution -- which includes an extensive library of Components, a Component Framework, eBusiness Services and an industry-standard J2EE application A J2EE application or an enterprise application is any deployable unit of J2EE functionality. This can be a single J2EE module or a group of modules packaged into an EAR file along with a J2EE application deployment descriptor. server -- will enable CivicLife.com to deliver such critical portal functionality as user profiling, rules-based and "My-Page" personalization styles, content creation and management, and workflow. Additionally, CivicLife.com will take advantage of SilverStream xCommerce, which consists of xCommerce Server, xCommerce Designer and xCommerce Enterprise Enablers and is used to automate key e-business processes. CivicLife.com intends to use xCommerce to link portal-based transactions directly with client organizations' back-office systems for real-time processing Noun 1. real-time processing - data processing fast enough to keep up with an outside process real-time operation data processing - (computer science) a series of operations on data by a computer in order to retrieve or transform or classify information and service fulfillment, said Gretton. "Right from the start, we made it a priority to seek out a technology plaform for our portal strategy that was non-proprietary, standards-based and supported an open, distributed component architecture. SilverStream, by far, offered the most complete product offering for the Java environment," explained Gretton. "Their market-leading technology will lend us the performance and scalability that is critical to accelerating our business objectives." "We are pleased to be entering into a partnership with CivicLife.com and supplying our eBusiness Platform," said David Skok, Silverstream Software chairman and founder. "CivicLife.com will deliver high-value information, transactions and online interactivity to a tremendously wide range of constituancies, and the SilverStream eBusiness Platform will be at the heart of this functionality. We look forward to the continued development and full roll-out of this vital civic portal." About SilverStream SilverStream Software, Inc., The eBusiness Platform Company, delivers software and services that enable businesses to create, deploy and manage e-business applications. Used in corporations throughout the world, SilverStream Software products are changing the way business is being conducted in Global 2000 companies such as ARCO ar·co adv. & adj. Music With a bow. Used chiefly as a direction to indicate the resumption of bowing after a pizzicato passage. Adj. 1. , Ameritech, Bell Atlantic, Chevron, and the Chicago Stock Exchange Chicago Stock Exchange (CHX) A major exchange trading only stocks, with 90% of trades taking place on an automated execution system, called MAX. . SilverStream Software is publicly traded on the NASDAQ national market under the symbol (SSSW) and is based in Burlington, Massachusetts Burlington is a town in Middlesex County, Massachusetts, United States. The population was 22,876 at the 2000 census. History Burlington was first settled in 1641 and was officially incorporated on February 28, 1799. . About CivicLife.com Founded in early 2000, CivicLife.com Inc. is dedicated to realizing its vision of a "Citizen-Centric Civic World" by harnassing the Internet to enable personal, real-time interactions between citizens and their civic institutions. 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. with a development office in Ottawa, Canada, CivicLife.com Inc. is positioning itself to be the first to provide citizens with a complete one-stop avenue to the entire civic world, and is leveraging this objective through powerful alliances with the likes of SilverStream Software, Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. and Oracle Corporation. (C) 2000 CivicLife.com Inc. All rights reserved. Company and product names are registered trademarks of their respective companies. SilverStream is a registered trademark of SilverStream Software, Inc. All other names are trademarks or registered trademarks of their respective owners. This release contains information about SilverStream management's future expectations, plans and prospects that constitute 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. 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. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, market acceptance of SilverStream products and services and enhancements thereto, uncertainty related to consummation of binding agreements with CivicLife.com and other prospective business partners, compliance by SilverStream business partners with existing agreements, competition, market acceptance of our new products and services, development of the market place, product development and enhancement, technological changes and other factors that are discussed in SilverStream's most recent 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. and other documents that are periodically filed with the SEC. |
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