eXcelon Corporation and Sterling Software Renew Alliance; Companies Will Further Develop eBusiness Products and Offerings.Business/Technology Editors BURLINGTON, Mass.--(BUSINESS WIRE)--Feb. 22, 2000 eXcelon Corporation, (Nasdaq:EXLN) a global provider of innovative eBusiness products and services, today announced that in January, Sterling Software Inc., (NYSE NYSE See: New York Stock Exchange :SSW SSW abbr. south-southwest Noun 1. SSW - the compass point midway between south and southwest sou'-sou'-west, south southwest ) renewed a multi-year sales contract Sales Contract Contract between a seller and buyer for the sale of goods, services, or both. with the company. As part of the agreement, signed before it recently announced the pending acquisition by Computer Associates International, Inc. (NYSE:CA), Sterling Software will continue to develop its COOL:Joe(tm) and COOL:Biz(tm) products based on eXcelon Corp.'s eBusiness product family. Partners since 1994, this new agreement allows both companies to continue working together in providing customers with powerful eBusiness solutions. Sterling's COOL product line is designed to help companies compete in an Internet-based economy by providing eBusiness modeling, enterprise application integration, legacy reuse and distributed component generation and assembly software. eXcelon Corp.'s products and services enable companies to engage in dynamic business-to-business (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 ) commerce across the Internet. eXcelon Corporation's dynamic B2B solutions are 100 percent standards-based, thus eliminating technical barriers-to-entry for doing business across the Internet. eXcelon Corporation's eXcelon product suite provides companies with the tools for building dynamic B2B solutions. The eXcelon Dynamic Application Platform 2.0 is a powerful XML-based development platform for building and deploying dynamic eBusiness applications. The eXcelon B2B Integration Server delivers enterprise B2B solutions to automate business processes and integrate them with those of your partners. eXcelon Corp.'s object data-management product line consists of ObjectStore,(R) the world's most widely deployed object database-management system, commanding more than 40 percent of the global market. ObjectStore is most commonly used in eBusiness and telecommunications applications. "Our customers demand that our solutions take advantage of the latest technology available," said Mark Theel, president of Sterling Software's Application Development Group. "By partnering with a market leader in this space, we are confident that eXcelon Corporation will continue to help us deliver world class products year after year." "The continuation of our relationship is further proof that Sterling Software believes in the dynamic B2B solutions we have developed for eBusiness," said Larry Alston, vice president of marketing for eXcelon Corporation. "By creating solutions that are both standard-based and dialect dialect, variety of a language used by a group of speakers within a particular speech community. Every individual speaks a variety of his language, termed an idiolect. free, we give our partners the opportunity to seamlessly integrate their products with their end users while fully leveraging 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. ." About Sterling Software Sterling Software is a leading provider of software and services for the application development, business intelligence, information management, storage management, network management, VM software, and federal systems markets. The company is one of the 20 largest independent software companies in the world. Headquartered in Dallas, Sterling Software has a worldwide installed base of more than 20,000 customer sites and 3,800 employees in 90 offices worldwide. For more information on Sterling Software, visit the company's Web site at www.sterling.com. About eXcelon Corporation eXcelon Corporation (www.exceloncorp.com) is a leading provider of products and services that enable companies to engage in dynamic business-to-business (B2B) commerce across the Internet. eXcelon Corporation's dynamic B2B solutions are 100 percent standards-based, thus eliminating technical barriers-to-entry for doing business across the Internet. Companies use eXcelon's dynamic B2B solutions to establish high-value electronic partnerships that are built for change. Based in Burlington, Mass., eXcelon Corporation was founded in 1988 and completed its initial public offering as ODIS ODIS Omni-Directional Inspection System ODIS Origin Destination Information System ODIS Offender Data Information System ODIS Optical Digital Image System ODIS Online Distribution Information System ODIS on Demand Innovation Services in July 1996. The company's stock is traded on the Nasdaq National Market under the symbol EXLN. eXcelon Corporation sells and supports its products through branch offices across the U.S. and international subsidiaries in the United Kingdom, Germany, The Netherlands, Japan and Australia, as well as a worldwide network of distributors, value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. , systems integrators and other indirect sales partners. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release regarding eXcelon Corporation's business, including future market opportunities and prospects, which are not historical facts are "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. " that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or 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 most recently ended fiscal year. NOTE: ObjectStore is a registered trademark of eXcelon Corporation; eXcelon, eXcelon Dynamic Application Platform, eXcelon B2B Integration Server, eXcelon eSolutions, Stylus stylus: see pen. (1) A pen-shaped instrument that is used to "draw" images or select from menus. Styli (the plural of stylus, pronounced "sty-lye") come with handheld devices that have touch screens, such as PDAs and video games. , Cache-Forward and Javlin are trademarks of eXcelon Corporation. All other trademarks are the property of their respective owners. |
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