Corechange Announces Wireless Portal, Coreport Version 3.0; Wireless Capabilities, New Markets, Spark Portal Evolution.Business/High Tech Editors BOSTON--(BUSINESS WIRE)--March 6, 2000 Corechange, Inc., the leading provider of enterprise information portals (EIP (1) (Enterprise Information Portal) See corporate portal. (2) (Extended Instruction Pointer) The program counter on x86 CPUs. ) and Business-to-Business (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 ) portals, announced today Version 3.0 of its flagship portal product, Coreport(TM). Incorporating all of the features of earlier releases, Version 3.0 adds a battery of innovative wireless capabilities to capture the exploding Business-to-Mobile (B2M B2M Boyz to Men B2M Back to Mom's B2M Business to Machine (TM)) portal market. "Coreport has revolutionized the way businesses distribute and share information with employees, partners and customers. Now, we are enabling our customers to take their most important business information, such as sales plans, supply chain reports and shared calendars, with them on any wireless device, from cellular telephones to personal digital assistants. In essence, this means our customers can `Pack Up their Portal and Go,'" said Ulf Arnetz, President and Chief Executive Officer of Corechange Inc. Spending on enterprise portal-enabling software alone is expected to reach $14.2 billion by 2002, 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. Merrill Lynch. At the same time, IDC has predicted an explosion in B2B portal-enabling software, topping $114 billion by 2003. Combining the potential of EIP and B2B with the market provided by an estimated 1 billion mobile phones expected to be in use worldwide by 2003 indicates the full potential of the market Coreport serves. "The new wireless capability of Version 3.0 is compelling and is just one facet of the B2B market that Coreport is targeting," said Felimy Greene, Executive Vice President of Product Development for Corechange. "Extending the portal view to external business partners, suppliers, customers - anyone who is part of the value chain - means that the benefits of tailored access to information can be given to anyone, anywhere, within the organization and without. There is a revolution in information aggregation and distribution going on now and we've only begun to tap that potential. Coreport Version 3.0 will make it possible for businesses to reap significant new rewards from their existing technology investments. It is the only Portal product that provides a single framework for business information distribution tailored to any role, anywhere." About Corechange Founded in 1996, Boston-based Corechange is the leading international web infrastructure software company enabling EIP, B2B and B2M portals. On February 22, Corechange announced that it had received $18 million in second round financing from ABN AMRO (NYSE NYSE See: New York Stock Exchange : ABN), Xcelera.com (Amex: XLA XLA X-Linked Agammaglobulinemia XLA Excel Airways (British airline) XLA Microsoft Excel Addin XLA Xbox Live Arcade (gaming) XLA X-Band Limiter Attenuator XLA Excel Add-in XLA Xlib Archive ), and Boston venture capital firm HarbourVest Partners. Corechange's customers include CSFB CSFB Credit Suisse First Boston CSFB Cyclically Shifted Filter Bank , Fidelity, Ericsson, Volvo, Philips, AMB AMB Ambient AMB Ambassador AMB Amber AMB Ambulance AMB Associação Médica Brasileira (Brazil) AMB Ambulatory AMB Advanced Memory Buffer (FBDIMM control unit on DRAM) Property Management, among others. Expand your portal view today by visiting the Corechange web site at www.corechange.com |
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