Vitria Signs Energy Information Deal with ABB; Vitria Integration Server Will Provide Connectivity For ABB's Pace-Setting Applications.Business Editors/Technology Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 2, 2001 Vitria Technology (Nasdaq:VITR VITR Vitria Technologies (stock symbol) VITR Visible and Thermal Infrared Radiometer ), a leading integration server provider, today announced that ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s Network Management Systems, a leading supplier of energy management software products, will be joining Vitria's BusinessWare-ready program. "Having Vitria integration and business process automation products allows our customers to take advantage of the best-in-class information integration process that they offer," said John J. O'Shea, Vice President and General Manager of ABB Network Management Systems. "Vitria is unique among integration products in their ability to quickly solve complex integration problems. As the energy vertical integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. / supplier / customer faces competitive pressures and a changing landscape, the value of ABB products will be enhanced through their ability to connect with Vitria." Customer's connectivity to other enterprise systems with their ABB RANGER Ranger Any of a series of unmanned probes launched from 1961 to 1965 by NASA. The project was NASA's earliest attempt to explore the Moon's surface. Ranger 4 (1962) became the first U.S. spacecraft to hit the Moon, crash-landing on its surface as planned. (TM) product is assured. "We're pleased ABB decided to join Vitria's BusinessWare Ready program," said Martin Doettling, vice president of marketing at Vitria. "ABB is a world leader in providing industry leading energy software products and in implementing solutions based on those products. Their support of Vitria is a tremendous validation of the progress we have made in the energy vertical market." About Vitria Vitria Technology, Inc. is a leading integration server provider. Vitria BusinessWare integrates applications and automates mission-critical business processes within and across the extended enterprise, reducing time to market, shortening lead times, lowering implementation and operating costs operating costs npl → gastos mpl operacionales , and increasing customer satisfaction. Vitria is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (Nasdaq:VITR) based in Sunnyvale. For more information, call 408/212-2700, visit the company's Web site at www.vitria.com or send email to info@vitria.com. About ABB ABB Network Management Systems, a unit of ABB, is a major supplier of real time energy management, distribution management, generation management, and control and data acquisition systems to the electric utility industry. ABB (http://www.abb.com) serves manufacturing, process, and consumer industries, utilities, and the oil and gas markets, with 160,000 employees in more than 100 countries. This press release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future revenue growth, goals and future business opportunities that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, failure to meet financial and product expectations of analysts and investors, risk as related to market acceptance of Vitria's product and alliance partner's products, deployment delays or errors associated with these and new products of Vitria and partners, hardware platform incompatibilities, need to maintain and enhance certain business relationships with system integrators and other parties, ability to manage growth, activities by Vitria and others regarding protection of proprietary information, release of competitive products and other actions by competitors and economic conditions in either domestic or foreign markets. These and other risks related to Vitria are detailed in Vitria's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 2000, filed with the SEC on March 29, 2001, and in Vitria's quarterly reports on Form 10-Q Form 10-Q See 10-Q. as filed with the SEC. Vitria does not undertake an obligation to update forward-looking statements. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion