Viquity Announces Support for RosettaNet B2B eCommerce Standard; Viquity Now RosettaNet Solution Partner.Business Editors & High-tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--June 13, 2000 Viquity Corporation, the emerging leader for outsourced eBusiness infrastructure to automate To turn a set of manual steps into an operation that goes by itself. See automation. production procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , today announced that RosettaNet has selected Viquity as a Solution Partner. The Viquity Dynamic Commerce Network(TM) (DCN DCN Document Control Number DCN DLA (Defense Logistics Agency) Corporate Network DCN Disconnect DCN Direction des Constructions Navales (France) DCN Declaration Control Number DCN Data Communication Network ) will support the RosettaNet XML-based e-business process standards -- aiding companies in adopting the RosettaNet interfaces. The Viquity DCN provides a complete eBusiness platform for direct procurement transactions. Purchase order management, demand forecasting, invoicing and other inter-enterprise processes can be automated and streamlined by the Viquity DCN. The Viquity Dynamic Commerce Network incorporates two core technologies: a guaranteed-delivery Internet document transport service, Viquity Basis(TM), and an intelligent management hub, Viquity Nexus(TM). Private commerce networks hosted on the Viquity infrastructure can rapidly add and change supply chain partners, can easily include partners of all sizes and levels of sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. , and can interoperate See interoperable. across the various emerging XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. standards, existing legacy standards, and proprietary interfaces. RosettaNet is an independent, self-funded, non-profit consortium dedicated to the development and deployment of standard electronic business interfaces. These standards form a common eBusiness language, aligning processes between supply chain partners on a global basis. "The successful deployment of RosettaNet standards for e-business requires new and innovative solutions," said Jennifer Hamilton, 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 RosettaNet. "Solution Partners like Viquity are adding tremendous speed to the adoption of RosettaNet standards by developing services that allow supply chain partners to implement RosettaNet Partner Interface Processes(TM) (PIPs(TM)) efficiently." "Viquity is committed to revolutionizing the way that organizations conduct inter-enterprise eBusiness," said Chris M. Gretjak, Viquity chief executive officer. "Viquity's intelligent hub A network device that performs a variety of processing functions, including network management, bridging, routing and switching. Contrast with passive hub and active hub. See hub. provides a common data language among business partners -- a language that supports RosettaNet and other emerging business process communications standards. We endorse the work that RosettaNet is doing and look forward to working with RosettaNet to ensure its continued success." Viquity will demonstrate its RosettaNet solution at the RosettaNet EConcert Meeting June 27-29 in Chicago. About RosettaNet RosettaNet is an independent, self-funded, non-profit consortium dedicated to the development and deployment of standard electronic business interfaces to align the processes between supply chain partners on a global basis. Launched in June 1998, RosettaNet is currently in the pilot phase of its implementation cycle. More than 250 companies representing over $1 trillion in annual information technology and electronic components revenues currently participate in RosettaNet's standards development, strategy and implementation activities. A complete list of member companies and more information on RosettaNet can be found at www.rosettanet.org. About Viquity Viquity is the emerging leader for outsourced eBusiness infrastructure to automate production procurement. The Viquity Dynamic Commerce Network(TM) enables OEMs, contract manufacturers, distributors and suppliers of all sizes to streamline communications with strategic partners and dramatically improve supply chain responsiveness. Founded in 1998 by recognized innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. in building large scale, complex distributed systems Distributed systems (computers) A distributed system consists of a collection of autonomous computers linked by a computer network and equipped with distributed system software. , Viquity is a privately held, venture-backed company located in Sunnyvale, Calif. Viquity can be reached at 408/747-5570, at info@viquity.com, or www.viquity.com. Note to Editors: Viquity, the Viquity Dynamic Commerce Network, Viquity Basis and Viquity Nexus are trademarks of Viquity Corporation. |
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