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TRADE'ex Delivers Release 5 of Award-Winning TRADE'ex Procurement for the Enterprise; New Version demonstrates the power of multi-tier architecture and Java.

TAMPA, Fla.--(BUSINESS WIRE)--Dec. 7, 1998--TRADE'ex Electronic Commerce Systems Inc., the leader of commerce management solutions, today announced the availability of TRADE'ex Procurement for the Enterprise(tm) Release 5.

This milestone release marks a significant evolution in the development of the TRADE'ex Commerce Management Architecture, making TRADE'ex the first company to offer a true multi-tier, component-based architecture, written in Java and CORBA (Common Object Request Broker Architecture). In addition, the release contains dramatic advancements to the TRADE'ex workflow and rules management capabilities and full support for XML document exchange technology.

"TRADE'ex Procurement customers are beginning to reap the benefits of TRADE'ex's significant development investment in a true, distributed object product architecture," said David Alschuler, vice president, E-Business & Enterprise Applications with Aberdeen Group. "That investment is enabling the rapid maturation of the product and delivering extended business process functionality, improved end user ease-of-use, and enhanced ease-of-administration."

"Release 5 allows greater flexibility and easier workflow management which leads to greater investment protection and expected savings down the line," said Jon Corshen, vice president, product marketing. "The enhancements to this new version will directly effect the user's experience by empowering user functionality and simplifying processing tasks."

The following are the significant new features of TRADE'ex Procurement for the Enterprise Release 5:

-- New Catalog Search Engine-The standard commodity drill-down

structure has been enhanced with dynamic key word and

attribute search capabilities. A more user-friendly display

of Product Descriptions makes it easier for users to

effectively source information. A new Regional Catalog

Management system controls the product and supply sources

each user can use based on their delivery location.

-- Enhanced Workflow-These enhancements are designed

specifically to make it easier to establish the rules and

requirements for routing documents and executing automated

processes. The Workflow Display shows a user what workflow

steps are required and where the document is in the process.

The new Visual Workflow Builder includes `drag and drop'

utilities for designing workflow diagrams to map out the

appropriate steps needed to complete a particular task.

-- Enhanced User and Rules Management-The ability to set up

user groups, users that share common permissions, defaults

and workflow requirements is now available. New `drag and

drop' Hierarchy Maintenance is used to easily move users

into different groups when changes are made in

organizational structure. Catalog Controls help determine

what products or catalogs each user can access. Increased

Security Controls have been incorporated through centralized

login and password management.

-- Requisition Management-Enhancements include a Requisition

Dialog that makes it easier for users to initiate, find, and

track requests. This functionality also allows users to

review the activities of other users who reside below them

on the corporate hierarchy. Split Distribution allows users

to distribute line charges to multiple accounts. Repeat

Requisition allows users to make the process of ordering

routine goods or services more efficient and timely.

Graphical Workflow Display allows users to view the workflow

process that is required for the approval of a requisition.

Enhanced Shipping Options allows users to more effectively

review alternative shipping options and costs to select the

most efficient shipping method.

-- XML - Support for XML Import/Export communication makes it

easy to exchange product, pricing and order information with

various suppliers. TRADE'ex is leveraging this emerging

industry-standard language to allow companies to more easily

integrate with external suppliers.

"The value of Release 5 is in its architecture," said Jared Rodriguez, TRADE'ex Chief Technology Officer. "With this release, TRADE'ex solidifies its leadership position by providing a true, multi-tier, component-based architecture that is even more scalable and customizable for enterprise specific requirements."

About TRADE'ex PROCUREMENT

TRADE'ex Procurement for the enterprise provides the most advanced electronic commerce platform for extending `back-office' applications and managing all Internet-based procurement processes. It provides consolidated electronic catalog and sourcing management, intuitive `self-service' end-user processes and open buyer-to-supplier connectivity. TRADE'ex Procurement is built on a multi-tier, component-based network application architecture, utilizing Java and JavaBeans. TRADE'ex Procurement was named `Best of Show' at the Spring and Fall Internet World and `Best of Class' at the Spring Internet Commerce Exposition (ICE) in 1998. TRADE'ex Procurement Release 5 is available immediately. For pricing information, contact TRADE'ex at 1-888-4TRADEX (872339).

ABOUT TRADE'ex

TRADE'ex is the global leader in the delivery of business-to-business commerce management solutions which streamline the procurement and distribution of operational goods and services, reduce costs, and enhance efficiency and service levels. TRADE'ex commerce solutions include TRADE'ex Procurement, for the Enterprise, TRADE'ex Procurement for the Marketplace, and TRADE'ex Distributor for the Enterprise. TRADE'ex is a privately held venture-backed company headquartered in Tampa, Florida with offices in Atlanta, Boston, Dallas, San Francisco, Tokyo and Washington. The company's web site is www.tradeex.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 7, 1998
Words:770
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