GXS Offers Innovative Web-Based Solution to Speed RosettaNet Automated Enablement; GXS to Connect Industry Leaders to Global Trading Community.BEIJING -- GXS GXS Global Exchange Services (GE) GXS Gun X Sword (anime) , a leading provider of 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 ) e-commerce solutions, and RosettaNet today announced that GXS demonstrated production readiness for RosettaNet's Automated Enablement (RAE) program. The RAE program is creating the RosettaNet standards that reduce costs and accelerate the time needed to enable an e-business relationship. RosettaNet is the technology industry's leading consortium, working to create and implement industry-wide, e-business process standards. Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking has been instrumental in successfully deploying RosettaNet standards to trading partners around the world. "RosettaNet standards are seamless to the company or person using them, but they vastly improve a company's business processes," said John Cartwright John Cartwright may refer to:
GXS' RAE capability will allow suppliers without internal RosettaNet capabilities, or with intermittent intermittent /in·ter·mit·tent/ (-mit´ent) marked by alternating periods of activity and inactivity. in·ter·mit·tent adj. 1. Stopping and starting at intervals. 2. connectivity, to successfully trade with larger or more enabled partners. This will automate the exchange of information between trading partners of all sizes, lowering the complexity level, time strain and costs associated with initiating a production trading relationship. By using a standardized standardized pertaining to data that have been submitted to standardization procedures. standardized morbidity rate see morbidity rate. standardized mortality rate see mortality rate. B2B transaction process, companies can reduce costs, respond to customer requests quicker and make the supply chain more efficient. "GXS is playing an instrumental role in the development and proliferation proliferation /pro·lif·er·a·tion/ (pro-lif?er-a´shun) the reproduction or multiplication of similar forms, especially of cells.prolif´erativeprolif´erous pro·lif·er·a·tion n. of RosettaNet standards. By participating in the pilot for RAE, GXS is demonstrating its commitment to its customers to stay on the cutting-edge of standards development and ease the complexity of trading relationships," said Herman Stiphout, president of RosettaNet. "By embracing and advancing RosettaNet standards, GXS is putting smaller suppliers on par with larger enterprises in the supply chain. We applaud GXS' leadership in the RAE program." RosettaNet standards provide a common, global e-business language that aligns processes between trading partners. They enable seamless and secure, real-time B2B transactions through system-to-system integration between customers and trading partners. One key advantage of RosettaNet standards is the ability to build reusable re·use tr.v. re·used, re·us·ing, re·us·es To use again, especially after salvaging or special treatment or processing. re·us interfaces throughout an industry characterized char·ac·ter·ize tr.v. character·ized, character·iz·ing, character·iz·es 1. To describe the qualities or peculiarities of: characterized the warden as ruthless. 2. by multiple trading partners. This service will be offered by GXS as part of the Trading Grid(SM), GXS' global integration platform that enables and streamlines cross-enterprise business processes. GXS' RAE capability is another benefit offered through the Trading Grid and is available to enable trading using RosettaNet standards at low cost. "An effective, efficient supply chain is crucial to business success in any industry. Recognizing that, GXS is committed to supporting and advancing a variety of e-commerce standards and technologies including RosettaNet," said David Kraemer, vice president of high tech industry marketing at GXS. "Our RAE capability brings the benefits of B2B automation to small and medium sized businesses and levels the playing field between them and larger enterprises that already are RosettaNet-enabled. This capability also further builds upon the benefits of GXS' Trading Grid, ensuring that customers, large and small, have best-of-breed supply chain support." Trading Grid is the world's largest electronic business community, used by more than 30,000 trading partners every day to exchange goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . As a services-oriented architecture business-to-business platform, Trading Grid helps customers automate global trading communities by shielding complexity from rapidly changing standards, eliminating manual and duplicative efforts and enabling a new level of process integration and business intelligence. About Intel Corporation Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom. About RosettaNet RosettaNet is a non-profit consortium dedicated to the collaborative development and rapid deployment of open, Internet-based business standards that align processes within the global trading network. More than 500 multinational and regional companies in the computer and consumer electronics, electronic components, logistics, semiconductor manufacturing and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. industries participate in RosettaNet's strategic standards and services development. Fortune 1000 companies worldwide have implemented RosettaNet standards, conducting B2B operations that value billions in annual revenues. RosettaNet is one of the industry's most ambitious standards implementation efforts, the consortium has established several regional affiliate organizations - in the Americas, Australia, China, Europe, Japan, Korea, Malaysia, Philippines, Singapore and Taiwan - giving voice to various business economies seeking to adopt and influence RosettaNet's global standards. Information on RosettaNet's worldwide activities, including a complete list of member companies and participating organizations, is available at www.RosettaNet.org . RosettaNet is a subsidiary of the Uniform Code Council, Inc.(R) (UCC An abbreviation for the Uniform Commercial Code. (R)). About GXS GXS is a leading worldwide provider of B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. solutions that simplify and enhance business process integration and collaboration. Organizations worldwide, including over half of the Fortune 500, leverage the GXS Trading Grid(SM) to achieve the perfect balance of supply and demand. Active in the global standards arena, GXS solutions enable customers both large and small, to connect with global partners, synchronize See synchronization. product information, optimize inventory levels and demand forecasts, and accelerate the execution of supply chains. Headquartered in Gaithersburg, Md., GXS provides sales and support to businesses and their partners worldwide. For more information visit our Web site at www.gxs.com. Intel, Itanium and Intel Xeon are trademarks or registered trademarks of Intel Corporation or its subsidiaries 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 other countries. All other products and services mentioned are trademarks of their respective companies. Caution Concerning 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. This document includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. These factors include technological developments, customer demand, trading partner participation and network availability. |
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