Crossworlds Software and i2 Form Partnership for e-Business Integration; Crossworlds Joins i2's TradeMatrix Network.Business Editors BURLINGAME, Calif.--(BUSINESS WIRE)--Sept. 5, 2000 CrossWorlds Software, Inc. (Nasdaq: CWLD), an e-business integration platform provider, and i2 Technologies, Inc. (Nasdaq: ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ), the leading provider of intelligent e-business and marketplace solutions, today announced a technology partnership. The partnership positions CrossWorlds as an integration solution provider for i2 customers using TradeMatrix(TM). In addition, CrossWorlds is joining i2's TradeMatrix Network 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. program. The i2 and CrossWorlds partnership is intended to enable customers to efficiently establish business-to-business marketplaces and allow integration to current enterprise applications, along with various trading partners. i2's TradeMatrix allows businesses to create both private and public marketplaces, while improving the efficiencies of all participants with content and solutions to support decision optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. for key functions including design, buy, plan, sell, fulfill and service. The solution being developed by CrossWorlds is aimed at providing e-marketplaces with the platform and tools to reduce the time involved in implementing and integrating TradeMatrix with other back-end systems, as well as trading partner systems. "We are pleased that CrossWorlds has joined the TradeMatrix Network Open API program," said Michael Ellis, senior vice president of i2. "CrossWorlds' scaleable integration solution for internal business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and e-business will work directly with our TradeMatrix offering. Together, the solutions will be designed to provide mutual customers with faster time-to-market and the ability to more rapidly link to other private and public marketplaces." "This partnership further validates the strength of our e-business solutions for e-marketplaces and demonstrates the compatibility of our offering with those of leading e-business solutions providers," 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 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 CrossWorlds Software. "Using CrossWorlds' integration platform, companies can focus more of their time on creating differentiation for their exchanges." About the CrossWorlds Solution for e-Marketplaces CrossWorlds provides a lightweight, open, and rapidly deployable integration interface, the CrossWorlds Access Framework, for business-to-business exchanges. Using Access Framework, e-marketplaces have added flexibility to integrate intranet and extranet business processes via a loosely coupled See loose coupling. , scalable architecture. Access Framework supports real-time integration between internal and Web applications, allows collaboration execution over different protocols, and supports creating and managing business objects in multiple data formats. About i2 Technologies i2 is creating real value for its global e-business customers through its TradeMatrix solutions, content and marketplace platform. TradeMatrix allows businesses to create both private and public marketplaces, while improving the efficiencies of all participants. i2 provides a wide variety of collaborative e-business services for both the early stages and the next generation of e-business adoption, with each service supported by decision optimization, transaction management and content management solutions. Founded in 1988, i2's mission is to deliver $50 billion in value to its customers by 2005. i2 is headquartered in Dallas has more than 5,000 employees and maintains offices worldwide. Visit i2 at www.i2.com. 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 (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony , Roche Group, Sony, Siemens AG Siemens AG German electrical-equipment manufacturer. The first Siemens company, Siemens & Halske, was founded in Berlin in 1847 to build telegraph installations. , U S WEST and Whirlpool Corporation Whirlpool Corporation (NYSE: WHR) is the world's leading manufacturer and marketer of major home appliances,with annual sales of approximately $18 billion, more than 73,000 employees, and more than 70 manufacturing and technology research centers around the world. . CrossWorlds (Nasdaq: CWLD) is based in Burlingame, Calif. Additional information can be found at www.crossworlds.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements and information contained herein concerning markets for CrossWorlds' products and CrossWorlds' product plans, and all other statements that include the words "aim," "believe," "plan," "may", "will," "project", "plan," "expect," "goal," "intend" and other similar expressions, constitute forward-looking statements. These forward-looking statements are subject to business and economic risks and uncertainties, including without limitation availability of third party software and interfaces, general market and business conditions, product development and release milestones and competitive factors. CrossWorlds' actual results could differ materially from those anticipated in the forward-looking statements. Potential risks and uncertainties include, without limitation, those mentioned in CrossWorlds' 10-Q report filed with the Securities and Exchange Commission August 11, 2000 under the heading "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations", subheading sub·head·ing n. See subhead. subheading Noun the heading of a subdivision of a piece of writing Noun 1. "Factors that Could Affect Future Results." CrossWorlds and the CrossWorlds logo are trademarks or registered trademarks of CrossWorlds Software, Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or foreign countries. All other company or product names are trademarks or registered trademarks of their respective owners. i2 and the i2 logo design are registered trademarks of i2 Technologies, Inc. TradeMatrix is a trademark of i2 Technologies, Inc. |
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