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Commerce One Announces Five Customers for its New Composite Process Management Platform.


Business Editors/High-Tech Writers

PLEASANTON, Calif.--(BUSINESS WIRE)--July 22, 2003

The Commerce One Conductor Composite Process Management Platform

Gains Global Traction in First Quarter of General Availability

Commerce One, Inc. (Nasdaq:CMRC CMRC Canadian Motosport Racing Club
CMRC Commerce One Inc. (stock symbol)
CMRC Caribbean Marine Research Center
CMRC Crime Mapping Research Center
CMRC Credit Management Research Centre (UK) 
) announced today that five global companies have selected the Commerce One Conductor(TM) composite process management platform during its first quarter of general availability, including Enporion, and the Architecture Research Center of Information Engineering (ARCIE) in China. The five companies join more than 10 other customers leveraging the company's flagship Commerce One Conductor platform to effectively orchestrate or·ches·trate  
tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates
1. To compose or arrange (music) for performance by an orchestra.

2.
 disparate IT systems and streamline and enhance business processes.

With its unique standards and registry-based approach, the Commerce One Conductor composite process management platform has already allowed some customers to save up to 50 percent on design, deployment and integration costs and, based upon customer experience and feedback, is expected to generate additional savings of up to 50 percent in ongoing support, maintenance and operational expenses as compared to traditional solutions. With four out of every five dollars of the average IT budget going towards integration and maintenance between applications, such benefits can be significant.

"It is critical to our business to continually provide high value at a low cost to our customers," said Jim Garcia, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey.  of Enporion. "The Commerce One Conductor platform allows us to create new value from our existing resources so that we can continue to improve our services and reliability without facing prohibitive pro·hib·i·tive   also pro·hib·i·to·ry
adj.
1. Prohibiting; forbidding: took prohibitive measures.

2.
 costs or time-consuming application integrations. With the Commerce One Conductor platform in place, Enporion is able to easily expose our entire marketplace system to an advanced suite of analysis and reporting tools. Establishing this connection through the Conductor platform is not only far easier that doing a direct integration, but it allows far more flexibility for new systems and services to be added in the future."

"We selected the Commerce One Conductor platform to help address the information system architecture needs of our clients," said Weiwei Li, 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. , at the Architecture Research Center for Information Engineering (ARCIE). "For example, clients have a wide array of independent applications spanning a wide range of technologies. As demand grows for interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other.  between these applications, there is a need for a platform like Commerce One Conductor to help integrate these applications more effectively than traditional EAI (Enterprise Application Integration) Refers to various techniques used to share data and business processes in large enterprises. When companies acquire another organization, disparate information systems have to be made to work together.  and draw new value from them. We also plan to use the Commerce One Conductor platform as the architectural foundation for future architectural designs This article or section may contain original research or unverified claims.

Please help Wikipedia by adding references. See the for details.
This article has been tagged since September 2007.
 for clients."

Commerce One also gained traction with its supplier relationship management solutions, including license sales to Korean Aerospace (KAI), Korea's national aerospace company, which was established with the consolidation of Samsung Aerospace, Daewoo Heavy Industries and Hyundai Space and Aircraft Co.

"As the sole aircraft manufacturer in Korea today, we are committed to growing into an advanced aerospace service provider of the future and implementing new technologies to streamline our business processes plays a key role," 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.
 Korean Aerospace. "Commerce One's supplier relationship management solutions help facilitate complex manufacturing processes and external partner relationships, an essential factor in helping us develop indigenous technologies to place KAI among the world's top ten aerospace companies."

"We are pleased with our early success in securing these customers for our new composite process management platform during its first quarter of general availability," said Mark Hoffman, Chairman and CEO of Commerce One. "For the first time, our customers have the ability to effectively unify 1. (database, product) Unify - A relational database produced by Unify Corporation.
2. (algorithm) unify - To perform unification.
 their IT systems without requiring underlying uniformity. It is gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to see such interest during a tight economic environment, and certainly an affirmation A solemn and formal declaration of the truth of a statement, such as an Affidavit or the actual or prospective testimony of a witness or a party that takes the place of an oath. An affirmation is also used when a person cannot take an oath because of religious convictions.  that customers are willing to invest in technology that improves their business agility, while at the same time reducing bottom-line cost. We look forward to building on this momentum in the year ahead."

About Commerce One

From its initial roots in Internet-based software applications to its establishment of the world's largest e-commerce trading network, Commerce One has consistently been at the forefront of delivering advanced technologies that help global businesses collaborate with their partners, customers and suppliers over the Internet. Commerce One has defined many of the open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced  and protocols established for business networks today and our global customer base represent leaders in a wide range of industries. The Commerce One Conductor platform and industry-specific Process Accelerators represent the leading Composite Process Management solution that enable enterprises to combine and connect features, functionality, data and/or business context from existing applications to create new business functionality. For more information, go to www.commerceone.com.

Forward Looking Statements

This press release includes 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 the securities laws. These forward-looking statements discuss Commerce One's sales activities, customer interest and momentum in the market for Commerce One solutions, as well as the benefits of the Commerce One Conductor platform and existing applications, including potential cost savings, added efficiency, and easier and less expensive deployment and support of business software applications and processes. The words "believe," "expect," "intend," "plan," "project," "will" and similar phrases as they relate to Commerce One are also intended to identify such forward-looking statements. These statements reflect the current views and assumptions of Commerce One, and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. These factors include, but are not limited to, the nascence of the Commerce One Conductor technology and the possibility that the market for composite process management solutions such as the Commerce One Conductor platform may not materialize ma·te·ri·al·ize  
v. ma·te·ri·al·ized, ma·te·ri·al·iz·ing, ma·te·ri·al·iz·es

v.tr.
1. To cause to become real or actual: By building the house, we materialized a dream.
 or grow as quickly as expected, competitive pressures for other composite process management solutions or product providing similar functionality, the possibility that the Commerce One Conductor platform and/or other Commerce One solutions may not meet user expectations, the ongoing recession and depressed market Depressed market

Market in which supply overwhelms demand, leading to weak and lower prices.
 for new technology investments, various external factors, including economic, political and other global conditions that may impact the demand for Commerce One products and services, and various other risks including, without limitation, those discussed in Commerce One's filings with the Securities and Exchange Commission, including its 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.
 for the year ended December 31, 2002 and Quarterly Report on Form 10-Q Form 10-Q

See 10-Q.
 for the quarter ended March 31, 2003. The information provided in this press release is current as of the date of its publication. Commerce One expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any changes in expectations, or any change in events or circumstances on which those statements are based, unless otherwise required by law.

Commerce One and Commerce One Conductor are trademarks and/or registered trademarks of Commerce One Operations, Inc. All other company, product, and brand names are trademarks of their respective owners.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 22, 2003
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