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Corporate Profile for eXcelon Corporation, dated May 5, 2000.


Business Editors

--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-


Published Date:   May 5, 2000

Company Name:     eXcelon Corporation

Address:          25 Mall Road
                  Burlington, MA 01432

Main Telephone
 Number:          781-674-5000

Internet URL:     www.exceloncorp.com

Chief
 Executive
 Officer:         Robert Goldman

Chief
 Financial
 Officer:         Lacey Brandt

Investor
 Relations
 Contact:         Ed Thomas

IR Telephone
 Number:          781-674-5300
IR E-mail:        ethomas@exceloncorp.com

Public Relations
 Contact:         Ed Thomas
PR Telephone
 Number:          781-674-5300
PR E-mail:        ethomas@exceloncorp.com

Industry:         B2B Computer Software

Public Company:   yes

Exchange
 and symbol:      EXLN


Company Description: Business Summary

eXcelon Corporation (www.exceloncorp.com) is a leading provider of products and services that enable companies to engage in dynamic 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
) commerce across the 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
. On January 31, 2000, the Company changed its company name from Object Design, Inc. to eXcelon Corporation to reflect its new business focus -- to provide products and solutions that enable organizations to connect to and interact with thousands of partners, suppliers and customers over the Internet. eXcelon's dynamic B2B solutions are 100 percent standards-based, thus eliminating technical barriers-to-entry for conducting eBusiness. Companies use eXcelon's dynamic B2B solutions to establish high-value electronic partnerships that are built for change. Successful deployments of the Company's products has occurred among companies in industries including insurance, retail, Web publishing Creating a Web site and placing it on the Web server. A Web site is a collection of HTML pages with the home page typically named INDEX.HTML. Web sites are designed using Web authoring software which provides a graphical layout capability or by hand coding in HTML or both.  and personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences.  services, Web e-commerce, energy services, media and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, and in the embedded software Instructions that permanently reside in a ROM or flash memory chip. Embedded software may be immediately available to the CPU or, for faster execution, may be transferred to RAM first and then executed.  and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  markets.

Financial Summary

eXcelon develops, markets and supports the newly introduced eXcelon line of dynamic B2B integration products and services, as well as the ObjectStore database management system and related tools. For the fiscal year ended 12/99, revenues decreased 2% to $60.8 million. Net loss totaled $7.1 million vs. an income of $4.8 million. Revenues reflect decreased volume of Data Server software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. . Net loss reflects additional marketing personnel and the launch of the eXcelon B2B product line.

Officers

Robert N. Goldman

President and Chief Executive Officer

Lacey lac·ey  
adj.
Variant of lacy.
 P. Brandt

Chief Financial Officer and Treasurer

Lawrence E. Alston, Jr.

Chief Technology Officer and Vice President, Product Strategy

Daniel E. O'Connor

Senior Vice President, Business Development and Channels

Brian W. Otis

Senior Vice President, Operations

Alan E. Gold

Vice President, Marketing

Ross Hinchcliffe

Vice President, Worldwide Sales

Satish Maripuri

Vice President, Worldwide Services
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 5, 2000
Words:406
Previous Article:Corporate Profile for Geocapital Partners, dated May 5, 2000.
Next Article:Corporate Profile for Aker Partners, dated May 5, 2000.



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