Commerce One Announces New XML Technology to Accelerate Deployment of B2B E-Commerce.Business Editors &High Tech Writers WALNUT CREEK Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , Calif.--(BUSINESS WIRE)--Jan. 24, 2000 World's First Object-Oriented, Schema-based 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. Transaction Engine Now Available Commerce One, 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 : 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) ), the leader in global e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. solutions for business, today introduced a set of revolutionary new XML technology tools delivered with Commerce One's MarketSite Portal Solution 3.0. This robust technology enables the rapid development and deployment of open XML-based portals, trading communities, applications, and documents. XML technology enables trading partners to easily transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting across dissimilar applications, systems, software, and documents. &uot;As a turn-key portal solution leveraging the world's first object-oriented, schema-based XML technology, Commerce One MarketSite Portal Solution 3.0 enables companies to quickly build business-to-business e-commerce portals,&uot; said Chuck Donchess, vice president of marketing and business development, Commerce One. Commerce One's XML technology and tools are ideal for trading partners and 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 market makers who want to accelerate trading through B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. . The new XML-based transaction platform enables heterogeneous systems heterogeneous system n. A chemical system that contains various distinct and mechanically separable parts or phases, such as a suspension. to communicate and allows different portals to interoperate See interoperable. and connect to the Commerce One Global Trading Web(TM). This comprehensive set of schema-based XML tools includes:
- Commerce One XML Commerce Connector (XCC), provides all the
components necessary for trading partners to integrate with
Commerce One MarketSite. XCC includes a robust set of tools to
enable the creation, transmission, routing and processing of
XML-based documents.
- Schema for Object-Oriented XML (SOX), Commerce One's default
XML schema language is used by MarketSite to define business
documents.
- XML Common Business Library (xCBL) 2.0, a set of XML-based
building blocks and a document framework that helps developers
create business documents in Microsoft's XDR schema language
and Commerce One's SOX.
- An initial set of 11 pre-defined XML-based business documents,
such as purchase orders, invoices and product catalogs built
using xCBL.
- Commerce One XML Development Kit Pro (XDK Pro), the ideal
toolkit for building robust, extendable, document-based
e-commerce applications. By applying a Java-based programming
model to XML documents, XDK Pro makes programming schema-based
XML applications easier, safer, and more efficient.
&uot;NECX is excited to utilize leading XML technology by leveraging Commerce One's xCBL building blocks for procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. services,&uot; said Jim Sylvester, Manager, Business Development, NECX Direct, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . &uot;As xCBL becomes the industry standard, our investment in this technology will enable our company to support buyer clients in their efforts to reduce procurement costs.&uot; Commerce One's XML technology and tools are included in MarketSite Portal Solution 3.0. In addition, xCBL and SOX (1) (Schema for Object-oriented XML) An XML schema developed by Veo Systems and Muzino Communications, which was submitted to the W3C. SOX is based on DTD, but adds data typing and reuse mechanisms. may be downloaded free of charge at www.commerceone.com. About Commerce One Commerce One (NASDAQ: CMRC) is the leader in global e-commerce solutions for business. Through its products, portals, and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. The Commerce One Global Trading Web(TM) is the world's largest business-to-business trading community. Comprised of many open e-marketplaces, the Global Trading Web provides unprecedented economies of scale for buying organizations, suppliers, and service providers worldwide. Commerce One is located in Walnut Creek, Calif., and can be reached by phone at 1-800/308-3838 or 925/941-6000 or via the Internet at http://www.commerceone.com/. Forward Looking Statements Certain statements made in this press release by Commerce One are not historical facts but are &uot;forward looking statements&uot; and may involve risks and uncertainties which could cause actual future results to differ materially and adversely from those anticipated by such statements. Included among the factors that could affect Commerce One's performance are: general economic conditions; fluctuations in operating results; its ability to effectively manage future growth, to retain and efficiently integrate our executive management team, and to identify, hire, train and retain, in a highly competitive market, individuals highly skilled in the Internet and its rapidly changing technology; significant revenue concentration in a limited number of clients; the lack of long-term contracts; its ability to enter into, and retain its existing, strategic relationships; market acceptance, rapid technological change, a decline in Internet usage, and intense competition in its market; its ability to effectively integrate the operational, managerial and financial aspects of future acquisitions; Year 2000 issues including those affecting Commerce One and its clients; and its ability to obtain financing when required. For a discussion of these and other risk factors that could affect Commerce One's business, see &uot;Risk Factors&uot; in Commerce One's filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 1999. Note to Editors: Commerce One, Many Markets. One Source., Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, XML Development Kit, XML Commerce Connector, MarketView, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. All other company, product, and brand names are trademarks of their respective owners. |
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