Computron Partners With webMethods for B2B E-Commerce Initiatives; webMethods to Provide Essential Component in Computron E-Commerce Applications.RUTHERFORD, N.J.--(BUSINESS WIRE)--Nov. 3, 1999-- Computron Software, Inc. (AMEX AMEX See: American Stock Exchange :CFW CFW Custom Firmware CFW Call Forward CFW Cystic Fibrosis Worldwide CFW Cache Fast Write CFW Citizens for Florida's Waterways CFW Center for Writing (education) CFW Continuous Fillet Weld (engineering) ), a leading global provider of business process automation and back office financial management software, today announced its agreement with webMethods, a leading provider of open solutions for business-to-business e-commerce. Signed at the end of September, this agreement will allow Computron to integrate webMethods 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 (TM) into the forthcoming Computron e-business solutions. These solutions, previewed at Computron's recent International Users Conference, are scheduled for general release in Q1 of 2000. The integration of the webMethods B2B software infrastructure and Computron's latest e-business solutions will let companies quickly achieve seamless business-to-business capabilities over the Internet. By leveraging open standards, such as 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. and RosettaNet, webMethods B2B allows the deployment of e-business initiatives without the time or expense of altering existing legacy, proprietary or 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. applications. "webMethods is pleased to be a part of Computron's B2B e-commerce solutions," said Phillip Merrick, 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 webMethods. "webMethods B2B will compliment Computron's offering by providing customers with a seamless, flexible method of creating connected trading communities of buyers and suppliers over the Internet." "Our integration with webMethods B2B software will enable Computron to deliver the seamless communication between e-business trading partners. Computron's vision of the 21st century is the ability to build value-based electronic business communities using our Internet Knowledge Processing (IKP IKP Institut für Kernphysik (Institute for Nuclear Physics) IKP Institut für Körperzentrierte Psychotherapie (Switzerland) IKP Icici Knowledge Park (Hyderabad, India) ) and Internet Transaction Processing (ITP ITP - Intent to Package ) products in conjunction with partners and sponsors. These communities will usher in a whole new way of doing business seamlessly over the Internet. XML-based technology such as that provided by webMethods is a vital component in Computron's delivery to those communities," said John Rade, CEO and president of Computron Software. Background Information on webMethods Founded in 1996, webMethods is based in Fairfax, Va., with offices nationwide. Investors include Goldman Sachs, the Mayfield Fund and FBR FBR Friedman, Billings, Ramsey Group, Inc. (investment firm) FBR Fast Breeder Reactor FBR Federal Benefit Rate FBR Foundation for Biomedical Research FBR Foundation for Blood Research FBR Fluidized Bed Reactor Technology Venture Partners. More than 100 top companies worldwide--ranging from Dell to DHL to Cisco to Dun & Bradstreet--rely on webMethods B2B. The company is a strategic partner of Microsoft, SAP AG, Sterling Commerce, Ariba, Intelisys Electronic Commerce, Clarus, PSDI PSDI Presence-Sensing Device Initiation PSDI Public Service Directory Interactive PSDI Project Software Development Incorporated PSDI Pin Service Denial Indicator and MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. .com. webMethods continues to receive recognition as a leader in business-to-business e-commerce solutions. Recent accolades include Red Herring's Top 50 Private Companies for two consecutive years (1999 and 1998) and the 1999 Upside Hot 100. For more information, contact webMethods, Inc. by phone at 703-460-2500, via e-mail at info@webMethods.com, or on the Web at http://www.webMethods.com Background Information on Computron Software, Inc. Founded in 1978, Computron Software, Inc. (AMEX:CFW) is a global provider of application software solutions for business and finance. Used by more than 500 companies worldwide, these solutions automate business processes across the enterprise and allow organizations to capitalize on the knowledge within their systems. Computron's goal is to provide organizations with competitive advantage and added, measurable business value. The Company's latest Internet products will allow companies to quickly deploy e-business application strategies. For further information on Computron, its products, services and customers, visit the Computron web site at http://www.computronsoftware.com. This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the Company's documents and reports filed from time to time with the Securities and Exchange Commission. Computron is a registered trademark of Computron Software, Inc. All other companies and product names are trademarks or registered trademarks of their respective companies. |
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