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GXS Signs Letter Agreement to Acquire G International; Acquisition Enhances GXS' Expertise and Capabilities in Key Industries and Expands Company's Reach in Growth Regions.


GAITHERSBURG, Md. -- GXS GXS Global Exchange Services (GE)
GXS Gun X Sword (anime) 
 Corporation, a leading 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, announced today that it has signed a letter agreement to acquire the parent company of G International from Francisco Partners. The acquisition is subject to certain conditions and is expected to close in the second quarter of 2005.

G International owns the Electronic Data Interchange See EDI.

(application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce.
 (EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. ) and Business Exchange Services (BES) businesses that were formerly owned by the IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  Corporation. Francisco Partners, GXS' majority shareholder, acquired G International from IBM on November 1, 2004. Today's announcement is consistent with the intent expressed by Francisco Partners at the time it announced its agreement with IBM to acquire these businesses.

"Over the last few months, GXS and G International, as affiliated entities, have worked collaboratively to help customers enhance and expand their global B2B e-commerce capabilities," said Gary Greenfield, 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 GXS. "This acquisition will allow GXS to not only broaden its global presence in key geographies, but also allow former IBM customers to access GXS Corporation's ever expanding portfolio of value-added 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
 software and services."

Through a multi-year strategic outsourcing agreement between G International and IBM, G International customers will not experience changes in service quality, network or infrastructure. G International customers will continue to access the same IBM network and infrastructure utilized prior to the merger.

This combination underscores GXS' ability to expand on the vision of its next-generation integration services platform - GXS Trading Grid(SM). Trading Grid is a feature-rich integration services infrastructure that connects global trading communities and enables a higher level of process integration and visibility.

About GXS Corporation

GXS Corporation is the parent company of Global eXchange Services (GXS) a leading worldwide provider of B2B 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 to achieve balance between 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.

All products and services mentioned are trademarks of their respective companies.

Caution Concerning Forward-Looking Statements

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, network availability and availability of financing.
COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 24, 2005
Words:462
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