Degussa Selects CrossWorlds' Business Process Integration Solutions for E-Business; CrossWorlds Enables Connectivity for Degussa and Online Chemical Exchange.Business Editors/High-Tech Writers BURLINGAME, Calif.--(BUSINESS WIRE)--July 19, 2001 CrossWorlds(R) Software, Inc. (Nasdaq:CWLD), a a leading business integration software provider, today announced that Degussa AG, a worldwide leader in specialized chemical products, will utilize CrossWorlds' business process integration solutions in a pilot project to interconnect with the Elemica Marketplace. The Elemica Marketplace (www.elemica.com) is a premier global network for the chemical industry. CrossWorlds will enable Degussa to leverage their e-business presence by increasing the data flow and optimizing the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. process to generate customers worldwide. In the first phase of the pilot project, CrossWorlds will integrate Degussa's SAP applications with the eHub Elemica to support the industry standard data format ChemXML. In a second phase of the pilot project, the CrossWorlds solution will be extended to interconnect Degussa's SAP applications with the entire Elemica network. "We are implementing an e-business initiative which allows for greater scope of business transactions in the future," said Dr. Dirk Ventur, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of Degussa AG. "CrossWorlds' solution has provided us with a scalable architecture which permits us to widen our integration of applications without having to change existing business processes. This is supporting the debut of our new e-procurement system." "CrossWorlds is providing Degussa with an efficient solution for end-to-end integration and enhancement of their business processes, systems and applications," 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. "As with Degussa, more and more global corporations are turning to CrossWorlds to integrate their business processes and are seeing a solution to reaching their full e-business potential." About Degussa Degussa is an entirely newly-formed, globally active corporation consistently aligned to high-yield specialty chemistry. With a workforce of some 63,000 employees, it generated sales of Euro 16.9 billion and earnings before interest, tax and amortization (EBITA EBITA Earnings Before Interest Taxes Amortization ) of Euro 1.2 billion in fiscal 2000. Degussa's strength lies in system solutions tailor-made for customers in over 100 countries of the world. More information available on web site: http://www.degussa.com/ About CrossWorlds(R) Software, Inc. CrossWorlds Software, Inc. provides a comprehensive suite of business integration software that unites and extends business processes. Our combination of products -- business process integration modules, sophisticated, easy-to-use tools and a patented, scalable architecture -- make integrating processes within the enterprise and across the internet possible. By focusing on business process automation, companies use CrossWorlds to streamline and improve internal operations and trading relationships. Our products help companies reduce information technology costs, increase productivity and improve responsiveness to customer demands. Along with our products, CrossWorlds offers a skilled, global services organization experienced in the complex challenges of enterprise-wide and e-business integration. Together, CrossWorlds products and services not only enhance our customers' competitiveness, they give them immediate cost savings by cutting the time needed for implementation. The company's customers include industry-leading companies such as Caterpillar, The Dow Chemical Company The Dow Chemical Company (NYSE: DOW TYO: 4850 ) is an American multinational corporation headquartered in Midland, Michigan. Overview The Dow Chemical Company is currently the second largest chemical manufacturer in the World (after BASF)[1]. , 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 , Norwich Union Norwich Union is an insurance company in the UK. It is the biggest life-insurer in the UK, and has a strong position in motor insurance. It is part of the Aviva group, itself created by a merger of Norwich Union and CGU plc in 2000. , Sony, Telekom Austria Telekom Austria is a provider of a range of fixed line, mobile, data, and Internet communications services. In addition to its operations in Austria, Telekom Austria also has a wireline segment represented in the Czech Republic with Czech On Line, a leading Internet service , Telecom Mobile Limited (New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. Telecom) 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., with European headquarters in Munich, Germany and other offices throughout the Americas and Europe. Additional information can be found at www.crossworlds.com. Note to Editors: CrossWorlds, CrossWorlds Software, the CrossWorlds logo, and "Integration is More Than Just Connections" 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. |
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