TradeWave Selected by IBM as CommercePOINT Partner.AUSTIN, Texas--(BUSINESS WIRE)--September 20, 1996--TradeWave Corporation, a subsidiary of SunRiver Corporation (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SRVC srvc service
SRVC San Ramon Valley Campus (Diablo Valley Community College, California)
SRVC Society for Rehabilitation of the Visually Challenged (India) ), today announced that it has been selected by 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) as a CommercePOINT Charter Member.
As such, TradeWave will, in conjunction with IBM and other affiliates, provide products and services to IBM customers. TradeWave is joined by other IBM CommercePOINT Charter Members including KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen , and Unibex.
This announcement signifies the extension of the relationship established between TradeWave and IBM in developing the Open Access Same-time Information System The Open Access Same-Time Information System (OASIS), is an Internet-based system for obtaining services related to electric power transmission in North America. It is the primary means by which high-voltage transmission lines are reserved for moving wholesale quantities of (OASIS) network. In that agreement TradeWave has selected IBM for the certification authority See CA. infrastructure supporting the OASIS system. The OASIS system was jointly developed by BSG BSG Battlestar Galactica
BSG Broadband Stakeholder Group (UK)
BSG British Society of Gastroenterology (London, UK)
BSG Business Systems Group
BSG Business Solutions Group
BSG Basigin Alliance/IT, Inc., Cegelec ESCA ESCA Electron Spectroscopy for Chemical Analysis
ESCA Escaflowne (anime series)
ESCA European Speech Communication Association
ESCA Escuela Superior de Comercio y Administración (México) and TradeWave.
"IBM is pleased to have TradeWave join its CommercePOINT Partnership to bring IBM's and TradeWave's industry-leading products to our customers," said Tom Patterson, Chief Strategist, Electronic Commerce, for IBM. "IBM and TradeWave together can offer comprehensive solutions to our customers who want to conduct secure electronic commerce, like those we offer in the electric power industry."
"TradeWave is pleased to welcome IBM as a TradeWave partner in the OASIS project as the first action of the CommercePOINT Partnership," said Roy Smith, Vice-Chairman of TradeWave Corporation. "TradeWave certification software and services coupled with IBM's certification authority infrastructure are designed to offer business customers a comprehensive solution for the highest level of security over the Internet that also meets their administration and cost requirements."
The CommercePOINT Partnership program was created to work with agile business partners to implement global electronic commerce solutions. These solutions are based on CommercePOINT products and services, designed to provide end-to-end electronic buying and selling on the Internet. TradeWave will be able to offer IBM's customers the most complete end-to-end products and services for small to large organizations, enabling them to conduct business-critical transactions with suppliers, vendors and business partners via the Internet. Membership categories for CommercePOINT include: systems integrators, accounting firms, electronic commerce experts, web design firms, vertical industry experts and other hardware and software vendors.
TradeWave solutions are based on TradeVPI, a set of flexible applications and services that logically secure an intranet using the Internet. By creating a Virtual Private Internet (VPI VPI Voice Print International (Camarillo, CA)
VPI Virtual Path Identifier (used in Asynchronous Transfer Mode)
VPI Virginia Polytechnic Institute (aka Virginia Tech) ), TradeVPI delivers all the advantages of a private network, but without the enormous expense of setting up and maintaining the dedicated lines required by traditional Value-Added Networks (VANs). TradeVPI also permits corporations to add new users and sites easily. A complete, integrated solution that includes security software and certification authority services, TradeVPI is designed to provide encryption, access control, single sign-on, authentication, non-repudiation, integrity, and authorization--all are important elements of electronic commerce.
TradeWave Corporation is a subsidiary of SunRiver Corporation, a provider of network-centric computing solutions. TradeWave markets and develops software products and services that enable secure business-to-business electronic commerce over the Internet. In 1993, TradeWave delivered the first commercial intranet and secure VPI. Based in Austin, the company was founded in 1991 as the Enterprise Integration Network (EINet) within the Microelectronics and Computer Technology Corporation (body) Microelectronics and Computer Technology Corporation - (MCC) One of the first, and now one of the largest, US computer industry research and development consortia. (MCC (The Microelectronics and Computer Technology Corporation, Austin, TX) The first high-tech research and development consortium in the U.S., created in 1982 by leading companies within the electronics industry. ), a research consortium of the nation's leading high-tech companies such as IBM, Kodak, Hewlett-Packard, and AT&T. TradeWave Corporation can be reached at http://www.tradewave.com.
CONTACT: TradeWave Corporation
Patricia Friar, 512/433-5325
Baron, McDonald & Wells
Rick Fernandez or Todd Klawin, 770/492-0373