TopTier Software Corrects and Replaces Previous Announcement, BW0054, TOPTIER-SOFTWARE.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Oct. 19, 1998-- The Baan Company Offers Users Enterprise Application Integration By Licensing TopTier Software's Technology; TopTier's HyperRelational Technology to Provide Seamless Data Correlation and Navigation of Baan Systems Through an Innovative Web Interface TopTier Software Inc. today announced a non-exclusive technology licensing, bundling and distribution agreement with Baan Company N.V. (Nasdaq:BAANF)(ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :BAAN). Baan will include TopTier's HyperRelational(tm) technology in select enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ), decision support, e-commerce, finance, supply chain and front-office applications. Baan will also resell the TopTier Product Suite and will bundle HyperRelational-enabled products with Baan shipments. TopTier's HyperRelational(tm) technology integrates enterprise applications and disparate data sources transparently to the user with minimal IT maintenance, support and training costs. TopTier's freeform free·form adj. 1. Having or characterized by a usually flowing asymmetrical shape or outline: freeform sculpture. 2. navigation metaphor, Drag and Relate(tm), lets experienced and novice users intuitively interact with data so that they can quickly and easily correlate data from enterprise applications to reach conclusions faster and make better, more informed business decisions. "This agreement marks a milestone in making TopTier's HyperRelational technology the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, for Web-based enterprise application integration," said Shai Agassi Shai Agassi (Hebrew: שי אגסי, he was born in 1968) was a member of the Executive Board of SAP AG. , chairman and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of TopTier Software. "Enterprise application integration is fueled by line managers' desire to make business processes more efficient. TopTier helps companies achieve that objective by simplifying data navigation and correlation and linking operational and analytical environments." Baan will integrate its applications using TopTier Software's HyperRelational technology to provide a unified, Web-based interface that gives users easy access to Baan information assets. Under the terms of the agreement, Baan will bundle Baan Data Navigator Plus, the first HyperRelational-enabled product co-developed with TopTier, with Baan IV and BaanERP systems. Baan Data Navigator Plus allows users to seamlessly access and navigate through the information found in their Baan IV and BaanERP systems, without having to access individual screens or be trained on each module or session to access the data. "Baan will help ensure that HyperRelational technology will reach the desktops of hundreds of thousands of enterprise users," said Paul Steinberg, vice president of channel sales, TopTier Software. "This agreement will create excellent opportunities for our OnePlus Partners to provide products and services into the Baan installed customer base and help extend the number of users that will access and benefit from Baan enterprise applications." Using HyperRelational technology, users can also navigate closed-loop transactional (OLTP (OnLine Transaction Processing) See transaction processing and OLCP. OLTP - On-Line Transaction Processing ) and analytical (OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. ) systems as part of Baan Enterprise Decision Manager for decision support. HyperRelational technology enables Baan Enterprise Decision Manager to introduce multi-dimensional navigation through the Internet and to integrate both operational and analytical data stores into a single environment. Users can access and combine information gathered from trend or in-depth analysis and drill down to find detailed information in their day-to-day transactional environment, and vice-versa, to obtain unique views of business information. In the future, Baan will develop a series of products based on HyperRelational technology for users of BaanFrontOffice, Baan Corporate Office Solutions and Baan Supply Chain Solutions with the same attributes of Baan Data Navigator Plus and Baan Enterprise Decision Manager. These products will extend the benefits of Web-based integration, navigation and correlation by linking additional disparate data sources with the BaanSeries application suite. About Baan Company Founded in 1978, Baan Company is a global software product company defining the market for high volume, packaged enterprise applications by delivering the most comprehensive portfolio of integrated, Year 2000 compliant a. 1. (Computers) having dates fully and properly represented, and not susceptible to failure due to the year 2000 bug. , software components to address the core business processes common to companies of all sizes and industries. Baan Company uniquely supports continuous business improvement with its Dynamic Enterprise Modeling Dynamic Enterprise Modeling is the approach the Baan company uses for the Baan Enterprise Resource Planning system to align and implement it in the organizational architecture of the end-using company. capabilities and with products that are faster to implement and use, and more flexible in adapting to business changes. Its evergreen products help clients respond more quickly to changing customer needs by optimizing the management of real-time information throughout the entire value chain. Baan Company has dual headquarters in Barneveld, The Netherlands, and Reston, Va. The Company's common stock is registered on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol BAANF and on the Amsterdam Stock Exchange
The Amsterdam Stock Exchange is the former name for the stock exchange based in Amsterdam. under the symbol BAAN. For product information call 888-THE BAAN, e-mail us at sales_info@baan.com or visit Baan's Web site at http://www.baan.com. For information on The Baan Company via fax at no cost, dial 800/PRO-INFO (+732-544-2850 outside the U.S.). About TopTier Software Inc. TopTier Software is the creator of HyperRelational(tm) technology for Global 1000 companies and IT organizations looking to leverage the Internet for fast, easy, and intuitive access to corporate information. This new category of products addresses the complexity, integration and navigation issues facing enterprises today. HyperRelational technology simplifies end users' ability to access and interact with multiple, independent information sources creating a breakthrough Point of View navigation(tm) user experience. Incorporated in 1997, TopTier Software is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with headquarters in San Jose. For more information about TopTier Software, call 408/360-1700, or visit us on the Web at www.toptiersw.com. Note to Editors: Drag and Relate, HyperRelational, Point of View navigation, and TopTier are trademarks or registered trademarks of TopTier Software Inc. in the United States and elsewhere in the world. All other names may be trademarks or registered trademarks of their respective owners. |
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