Viquity and webMethods Join Forces to Deliver RosettaNet-based E-commerce Solutions to Buyers and Suppliers.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--June 29, 2000 Partnership Allows Buyers and Suppliers to Connect to the Viquity Dynamic Commerce Network Using webMethods 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 for RosettaNet Viquity Corporation, the emerging leader for outsourced eBusiness infrastructure to automate production procurement, today announced a strategic alliance with webMethods, Inc. (Nasdaq:WEBM WEBM webMethods Inc. (stock abbreviation, AMEX) ), the leading provider of business-to-business integration (B2Bi) solutions. Under the terms of the agreement, Viquity and webMethods will join forces to deliver RosettaNet-based e-commerce solutions to buyers and suppliers integrating with the Viquity Dynamic Commerce Network(TM) (DCN). In addition, the two companies will pursue joint sales and marketing opportunities with both new and existing clients in the high-tech industry. Through the partnership with webMethods, Viquity will offer its customers the ability to use webMethods B2B(TM) for RosettaNet to connect their back-end 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. systems with the Viquity DCN, an eBusiness platform and intelligent hub for direct procurement transactions. Viquity has developed a RosettaNet solution that connects to webMethods B2B for RosettaNet and enables its clients to route mission-critical business documents such as purchase orders and order confirmations using the RosettaNet Partner Interface Processes (PIPs). "Viquity is addressing the procurement processes at the heart of a production system with a hosted service that allows purchase orders, invoices and other documents to move up and down a supply chain with no human intervention," said Chris M. Grejtak, Viquity chief executive officer. "Our partnership with webMethods leverages RosettaNet e-business process standards to enable joint customers to easily integrate their back-end ERP systems into the direct procurement process. We are delighted at the opportunity to demonstrate inter-operability with webMethods' production-proven solution at the RosettaNet EConcert Meeting." 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 across the various emerging XML standards, existing legacy standards, and proprietary interfaces. "Our partnership with Viquity is a clear demonstration of the growth and rapid adoption of RosettaNet for B2B e-commerce in the high-tech industry," said Kim Trudel, director, webMethods B2B for RosettaNet for webMethods, Inc. "We are pleased to partner with Viquity to provide customers processing RosettaNet-based transactions with a best-in-class solution for integrating with the Viquity Dynamic Commerce Network." webMethods B2B(TM) for RosettaNet is the first out-of-the-box, production-proven solution that enables real-time B2B e-commerce across the supply chain while providing full integration to a variety of back-end, legacy and ERP systems. webMethods B2B for RosettaNet is the only solution that fully supports all common message standards of RosettaNet in addition to providing the broadest support of other industry leading B2B protocols such as XML, cXML, OBI, OAG, ACORD ACORD Association for Cooperative Operations, Research and Development ACORD Agency for Cooperation and Research in Development ACORD Association de Coopération et de Recherche pour le Développement (French) , Microsoft BizTalk and legacy 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. . 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 in building large scale, complex distributed systems, Viquity is a privately held, venture-backed company located in Sunnyvale, California. Viquity can be reached at 408/747-5570, at info@viquity.com, or www.viquity.com. About webMethods, Inc. webMethods, Inc. (Nasdaq:WEBM) is the leading provider of software solutions for business-to-business integration (B2Bi). Leveraging the open standards of the Internet, the award-winning webMethods B2B(TM) family of products provides the B2Bi infrastructure that enables Global 2000 companies and B2B marketplaces to connect customers, suppliers and partners to form real-time B2B trading networks. webMethods B2B allows companies to create new revenue opportunities, strengthen relationships with customers and substantially reduce supply chain inefficiencies. Founded in 1996, webMethods is based in Fairfax, Va., with offices across the U.S. and Europe. webMethods has more than 160 customers worldwide -- from Global 2000 leaders such as Dell (Nasdaq:Dell), Eastman Chemical Company Eastman Chemical Company is a United States based chemical company, engaged in the manufacture and sale of chemicals, plastics and fibers. Eastman has 16 manufacturing sites in 10 countries, supplying its products throughout the world. (NYSE NYSE See: New York Stock Exchange :EMN), Lucent Technologies (NYSE:LU) and Grainger (NYSE:GWW) to major B2B marketplaces like ChemConnect, e-STEEL and Ventro (Nasdaq:VNTR VNTR Variable Number of Tandem Repeat(s) ). webMethods' strategic partners include Ariba (Nasdaq:ARBA), Commerce One (Nasdaq:CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ), Deloitte Consulting, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. (NYSE:EDS), i2 Technologies (Nasdaq:ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ), KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen Consulting, Microsoft Corp.(Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), Oracle Corp. (Nasdaq:ORCL ORCL Oracle (stock symbol) ), Sterling Commerce (NYSE:SE) and SAP AG (NYSE:SAP). More information about the company can be found at www.webMethods.com. Note to Editors: webMethods and webMethods B2B are trademarks of webMethods, Inc. All other company and product names are property of their respective owners. Viquity, the Viquity Dynamic Commerce Network, Viquity Basis and Viquity Nexus are trademarks of Viquity Corporation. |
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