CrossWorlds Software Chosen by Quantum as Strategic Integration Platform for Global E-Business Project.Business Editors and High-Tech Writers BURLINGAME, Calif.--(BUSINESS WIRE)--Sept. 25, 2000 CrossWorlds(R) Links Disparate Applications Throughout Quantum's Enterprise and to Trading Partners Over the Internet CrossWorlds(R) Software, Inc. (Nasdaq: CWLD), an e-business integration platform provider, announced today that Quantum Corporation (NYSE NYSE See: New York Stock Exchange :HDD (Hard Disk Drive) See hard disk and HDD caddy. HDD - hard disk drive ; NYSE:DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S ), a leading supplier of storage technology solutions and services, will standardize on CrossWorlds' end-to-end integration solutions to power its worldwide e-business strategy. CrossWorlds will provide Quantum an extensible, scalable architecture on which to communicate throughout its enterprise, as well as do business with vendors, customers and partners. CrossWorlds integrates packaged, legacy and custom applications both inside and outside the firewall. "To help move forward our many e-business initiatives, we selected CrossWorlds to provide a framework for integrating our back-end systems to customer and partner-facing applications over the Web," said Kevin Quinlivan, Quantum's director of eBusiness strategy and technology. "We chose CrossWorlds' modular approach over a custom, point-to-point integration solution because custom applications would very quickly lead to longer deployment times and longer-term maintenance issues." With CrossWorlds, Quantum will link its enterprise application suite including Oracle 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. , i2, PeopleSoft CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. and legacy systems to provide a modular integrated framework to support a variety of e-business initiatives throughout its worldwide operations. Quantum purchased CrossWorlds Connectors for these applications, as well as Business Process Integration Modules including Sales Order The sales order, sometimes abbreviated as SO, is an order received by a business from a customer. A sales order may be for products and/or services. Given the wide variety of businesses, this means that the orders can be fulfilled in several ways. Processing, Customer Manager and various purchasing process Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements modules. Additionally, Quantum will employ the CrossWorlds RosettaNet Connector to integrate e-business applications with those of its trading partners. "We conducted an extensive evaluation of several top integration packages, rating each on completeness of solution, speed, accuracy and efficiency of integration," said David Jennings, senior eBusiness technologist at Quantum. "Only CrossWorlds met each of these criteria and offered top-notch transactional process functionality, in addition to a common business object model, which we see as central to true application integration." "Our integration platform is helping Quantum build its business on the Internet and more seamlessly share information across its enterprise," said Fred Amoroso Am`o`ro´so n. 1. A lover; a man enamored. adv. 1. (Mus.) In a soft, tender, amatory style. , president and chief executive officer of CrossWorlds Software. "This selection by Quantum validates our visionary technology and illustrates the capabilities of our solution, both inside and outside the firewall." About The CrossWorlds Platform CrossWorlds' solution is an end-to-end e-business integration platform comprised of: packaged integration modules; business objects to support the most common business processes; pre-built connectivity to leading applications; and a robust toolset for integrating to custom and legacy systems as well as extending and customizing business processes. CrossWorlds' solution features a patented, enterprise-class integration architecture to support a broad range of e-business requirements, including scalability, reliability, security and manageability. CrossWorlds' Java-based InterChange Server is application-version transparent so underlying applications can be upgraded, added or removed without affecting cross-application business processes. About Quantum Founded in 1980, Quantum Corporation (www.quantum.com) is the world's leading storage supplier in six of the seven markets it serves: desktop hard disk drives, tape drives, network attached storage (NAS (1) See network access server. (2) (Network Attached Storage) A specialized file server that connects to the network. A NAS device contains a slimmed-down operating system and a file system and processes only I/O requests by supporting the popular ) appliances, solid state systems and hard disk drives for the emerging personal video recorder See DVR. (PVR See DVR. ) market, and DLTtape(TM) automation systems. Quantum is also a leading supplier of high-end hard disk drives. In 1999 Quantum became the first Silicon Valley company to issue tracking stock, replacing its existing common stock with the ticker symbols DSS and HDD, which track the separate performance of the company's DLT (Digital Linear Tape) A magnetic tape technology originally developed by Digital for its VAX line. The technology was later sold to Quantum, which makes it available to other manufacturers. DLT uses half-inch, single-hub cartridges similar to IBM's 3480/3490/3590 line. and Storage Systems and Hard Disk Drive businesses. Both stocks are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Selling its products through 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 and distribution channels worldwide, sales for the fiscal year ending March 2000 were $1.4 billion for Quantum's DLT and Storage Systems Group and $3.3 billion for Quantum's Hard Disk Drive Group. About CrossWorlds Software, Inc. CrossWorlds provides a comprehensive e-business platform both for integrating internal operations and extending these operations over the Internet. CrossWorlds' products help the Global 2000 and emerging businesses work more efficiently with customers and suppliers through unified, end-to-end business processes. The CrossWorlds platform enhances competitiveness and reduces information technology costs by decreasing long-term maintenance costs and enabling faster business application integration than traditional approaches. The company's customers include industry-leading companies such as Applied Materials Applied Materials, Inc. NASDAQ: AMAT (HKSE: 4336 ) is the global leader in nanomanufacturing technology solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel solar displays, solar , Delphi Automotive, Dow Chemical, DuPont, Ingersoll-Rand, Nortel Networks, Roche Group, Sony, Siemens AG, U S WEST and Whirlpool Corporation. CrossWorlds (Nasdaq: CWLD) is based in Burlingame, Calif. with European headquarters in Munich, Germany and additional offices in the United Kingdom and France. Additional information can be found at www.crossworlds.com. CrossWorlds, CrossWorlds Software and the CrossWorlds logo are trademarks or registered trademarks of CrossWorlds Software, Inc. in the United States and/or foreign countries. All other company or product names are trademarks or registered trademarks of their respective owners. |
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