Commerce One and FileNET Form Strategic Partnership to Deliver Workflow-Enabled Electronic Procurement Solution.NEW YORK--(BUSINESS WIRE)--April 28, 1998-- FileNET's Industry-Leading Panagon Visual WorkFlo Engine will Streamline Electronic Purchasing Processes Across the Enterprise (iEC Conference and Exposition, Booth No. 904) Commerce One, Inc., the leading supplier of real-time business-to-business Internet commerce and electronic procurement solutions, today announced it has entered into a strategic partnership with FileNET Corporation (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 :FILE), a worldwide leader in enterprise workflow software solutions. Under the terms of the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement, Commerce One will integrate FileNET's Panagon(TM) Visual WorkFlo(R) software into Commerce One's C1 BuySite(TM) Electronic Procurement Application. The integrated Commerce One/FileNET solution will further streamline the procurement process within an enterprise by using workflow software technology to automate the routing and approval of requisitions as well as the enforcement of business rules. Also announced today, C1 BuySite is now available bundled with FileNET's Panagon Visual WorkFlo software, to provide easy, "out of the box" development of business rules for electronic procurement. Commerce One and FileNET will also engage in joint marketing and business development efforts. This will include plans to jointly explore applications of Internet-based workflow in additional procurement and electronic commerce processes. "FileNET shares our commitment to meet the enterprise-wide needs of major organizations with powerful software solutions. The strength of FileNET's technology, as well as their market leadership and impressive global presence, make them an ideal partner for Commerce One," said Mark Hoffman, president and 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. of Commerce One. "Workflow software is a requirement for electronic requisitioning and FileNET's products deliver best-in-class functionality that both extends our application and complements other enterprise applications. With C1 BuySite, customers can now get industry-leading workflow from FileNET to further streamline the procurement process." The integrated Commerce One/FileNET solution delivers exceptional value to the enterprise by automating manual approval processes with standards-based technologies that ensure interoperability and integration with a customer's existing information systems infrastructure. Commerce One's C1 BuySite application is the first web-based business application to leverage Panagon Visual WorkFlo, FileNET's workflow engine Workflow engine is a software application meant to manage and execute modeled business processes. It is a key component in workflow technology. It will typically make use of a database server. , for electronic requisitioning, routing, approval and order processing. By embedding Panagon Visual WorkFlo, C1 BuySite will further streamline and automate the procurement process across the enterprise, while supporting the enforcement of unlimited business rules and cross-functional business processes. FileNET's Visual WorkFlo and Commerce One's BuySite products provide open application programming interface (API) sets, object-based development environments, and compliance with industry standards. "FileNET and Commerce One both recognize the value that powerful business applications can deliver to the enterprise," said Lee Roberts, president and CEO of FileNET. "This partnership combines the strength of Commerce One's electronic procurement applications and FileNET's workflow technology Workflow technology is a new field of software products designed to improve the design of information systems. It involves use of workflow engine to execute models of processes. The models can be edited by persons not experienced in programming (e.g. to provide integrated, flexible, process-centric solutions. As a result, customers will reap compelling economic benefits that will enable them to realize the significant advantages of electronic procurement." A Standards-based Solution The partnership with FileNET further exemplifies Commerce One's commitment to utilizing standards-based technology and web-based application See Web application. development. The Panagon Visual WorkFlo open API Open API (often referred to as OpenAPI) is a word used to describe sets of technologies that enable websites to interact with each other by using SOAP, Javascript any other web technology. sets, object-based development, compliance with Workflow Management Coalition (body) Workflow Management Coalition - (WfMc) A non-profit, international organisation of workflow vendors, users, and analysts committed to establishing standards for workflow terminology, interoperability, and connectivity. standards, and server-centric architecture, are highly compatible with Commerce One's n-tiered, modular architecture and open APIs. The architecture of the joint solution ensures that customers will benefit from rapid product development and support, easy integration and interoperability, and the ability to leverage previous technology investments. "Unlike the proprietary workflow technology offered by other electronic procurement solutions in the market, Commerce One and FileNET deliver standards-based software that allows new and existing enterprise applications to easily integrate and interoperate," said Noelle Leca, Vice President for Development at Commerce One. "FileNET's Panagon Visual WorkFlo is the most powerful and extensible workflow engine in the market, and can be used in many applications throughout the enterprise. Together with Commerce One's best-of-class electronic procurement and supplier management software, customers will receive an incredible value proposition." "Commerce One and FileNET understand the requirements of enterprise business applications. We are pleased that Commerce One and FileNET, two valued partners, have announced a commitment to work closely together," said Tim Kraus, Industry Manager for Tools and Infrastructure at Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, . "Both companies offer great products on Microsoft's scalable, standards-based, BackOffice platforms. Their goal to deliver integrated solutions is firmly targeted at the demands of enterprise-class organizations for powerful electronic commerce solutions." "Workflow is a critical element of any electronic procurement solution -- enabling procurement responsibilities to be distributed to a broad employee group while retaining essential control of the process," said David Alschuler, Managing Director, Electronic Commerce and Enterprise Applications, Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. . "Commerce One customers now have the choice of leveraging FileNET -- a recognized leader in Workflow Automation See workflow. -- or their ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. system workflow capabilities. This is a 'win-win' decision; customers have the ability to both optimize workflow functionality and leverage ERP product integration and ease of administration." About FileNET FileNET Corp. (http://www.FileNET.com) is a proven leader in delivering integrated document management (IDM (1) See identity management. (2) (Integrated Device Manufacturer) A company that performs every step of the chip-making process, including design, manufacture, test and packaging. Examples of IDMs are Intel, AMD, Motorola, IBM, TI and Lucent. ) software to unleash the power of information for corporate and government organizations. FileNET's Internet and client/server solutions provide standards-based workflow, document imaging, enterprise document management and report management (COLD) software for managing information and enhancing productivity. Costa Mesa Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif.-based FileNET markets its innovative products in more than 60 countries through a global FileNET sales, services and support organization, including its ValueNET partner program of resellers, system integrators and application developers. About Commerce One's Solution Commerce One's Commerce Chain Solution(TM) is the industry's only real-time, end-to-end electronic commerce solution for business-to-business transactions. It provides procurement and selling organizations with the opportunity to reduce costs, increase revenue and streamline operational processes to maximize profitability. -0-
The Commerce Chain suite of products includes:
-- C1 BuySite -- Internet-based electronic procurement solution that
automates the internal processes associated with product
selection, requisition, approval and procurement;
-- C1 SupplySite -- Web-based electronic catalog for
commerce-enabled web sites and transactions;
-- C1 ECN (Electronic Commerce Network) and C1 REOS Transaction
Server -- Extranet-based supplier management solution that
automates the external processes and transactions between trading
partners
-0- About Commerce One Commerce One, Inc. develops, licenses and markets the Commerce Chain Solution which enables companies to maximize profitability by automating the transaction and procurement process between trading partners. Based in Walnut Creek, California Walnut Creek is a largely affluent suburb several miles east of Oakland in Contra Costa County, California, USA, in the East Bay region of the San Francisco Bay Area. While not as large as the neighboring Concord, Walnut Creek serves as the business and entertainment hub for the , Commerce One is privately held, and backed by an investment team that includes SAP America, Canaan Partners, Morgan Stanley Commerce One has strategic partnerships with Microsoft, Inc. (NASDAQ: MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), SAP, Price Waterhouse, Ernst & Young and MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. (NASDAQ: MCIC MCIC Macedonian Cultural and Information Centre (UK) MCIC Missing Children Investigation Center MCIC Managed Care Information Center MCIC Manitoba Crop Insurance Corporation MCIC Macedonian Center for International Cooperation ). Mark Hoffman, co-founder and former CEO of Sybase, is Commerce One's president and CEO and is supported by an industry-leading management team of senior executives from top technology companies. Additional information on Commerce One is available by calling 800/308-3838 or via the Internet at http://www.commerce-one.com. -0- Note to Editors: Commerce One is a registered trademark and Commerce Chain, C1 BuySite, C1 SupplySite, C1 ECN (Electronic Communications Network) A computerized, private financial trading system. Terra Nova Trading (www.terranovatrading.com) and Instinet (www.instinet.com) are examples. and C1 REOS REOS Regulated Emergency Oxygen System REOS Rare Earth Oxysulfide REOS Remote Electrical Optical Sensor (in situ light based system for remote monitoring of nuisance algae in reservoirs) are trademarks of Commerce One, Inc. FileNET and ValueNET are registered trademarks and Panagon is a trademark of FileNET Corp. All other trademarks are property of the respective owners. CONTACT: Commerce One, Inc. Ben Kaplan, 510/941-4366 lisa.joss JOSS - JOHNNIAC Open Shop System. @commerce-one.com or The Horn Group Carolyn Wilkins, 415/905-4000 cwilkins@horngroup.com or FileNET Corp. Lynda Orban, 714/966-7141 lorban@filenet.com or Copithorne & Bellows Alejandro Hernandez, 714/251-2101 alejandro.hernandez@cbpr.com |
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