webMethods Aggressively Expands Support for Open Security Standards; Support of New Standards Simplifies and Accelerates Deployment of Secure B2B Transactions.Business/Technology Editors
FAIRFAX, Va.--(BUSINESS WIRE)--March 21, 2001
webMethods, Inc. (Nasdaq: WEBM WEBM webMethods Inc. (stock abbreviation, AMEX) ), the leading provider of integration software solutions for Global 2000 corporations, major 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 exchanges and leading software application vendors, today announced it has aggressively expanded its support for open security standards such as Security Assertion Markup Language (SAML (Security Assertion Markup Language) An XML-based format from OASIS for exchanging security information for single sign-on. The "assertions" are statements from a SAML authority that authenticate a user, confirm some attribute about the individual and grant or ), 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. Key Management Specification (XKMS XKMS XML Key Management Specification (W3C) ) and XML Encryption. Through support of these standards, webMethods will enable Global 2000 customers and B2B marketplaces to integrate security services across company boundaries thereby simplifying and accelerating the deployment of secure B2B transactions.
Traditionally, security has been implemented within a single enterprise. However, companies are increasingly conducting business transactions between different enterprises and across multiple marketplaces that have their own unique security solutions. By developing and adopting open security standards that can transcend company and application boundaries, companies can securely exchange information with their customers, partners or suppliers regardless of the security systems or applications that they have in place.
webMethods security initiatives are spearheaded by Jeremy Epstein, webMethods' director of security architecture. Mr. Epstein has over 13 years of experience as a security engineer and architect. Mr. Epstein is also the program chair for the Annual Computer Security Applications Conference (ACSAC ACSAC Annual Computer Security Applications Conference
ACSAC Association contre la Spondylarthrite Ankylosante et ses Conséquences
ACSAC Assistant Chief of Staff for Automation and Communication ), a leading conference that explores technology applications targeted at improving the computer security field.
"Almost all B2B transactions involve multiple business partners at some level, therefore the need to build and offer security standards that reduce complexity and transcend application boundaries continues to grow," said Epstein. "webMethods' comprehensive support of open security standards provides the framework for secure e-business transactions across multiple and diverse business partners to enable faster and more secure B2B transactions."
webMethods Expands Open Security Standards Initiative
The webMethods product family was designed to provide broad support for open standards and protocols, such as XML, RosettaNet, ebXML, FpML, cXML, xCBL, OBI, OAG OAG Office of the Attorney General
OAG Office of the Auditor General (of Canada)
OAG Official Airline Guide
OAG Open-Angle Glaucoma
OAG Open Application Group
OAG Operational Advisory Group , 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) and the BizTalk framework. Over the last several months, webMethods has partnered with industry leaders to expand its support of the following security standards:
--SAML is the first industry standard for enabling secure e-commerce transactions through the eXtensible Markup Language See XML.
(language, text) Extensible Markup Language - (XML) An initiative from the W3C defining an "extremely simple" dialect of SGML suitable for use on the World-Wide Web.
http://w3.org/XML/. (XML). SAML was developed to provide a common language for the sharing of security services between companies engaged in B2B and B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. business transactions. The SAML effort grew out of the S2ML S2ML Security Services Markup Language effort led by Netegrity (of which webMethods was a key player) and the AuthXML effort led by Securant. SAML is an open industry initiative, operating under the OASIS banner, in which any organization can participate and implement the specifications.
--XKMS revolutionizes the development of trusted B2B and B2C applications by introducing an open framework that enables virtually any application developer to easily build in access to public key infrastructure products and services. With the XKMS specification, developers are able to integrate advanced technologies such as digital signature handling and encryption into their Web-based applications. The XKMS specification promotes the interoperability of these advanced technologies through its use of XML. Jointly designed and prototyped by VeriSign, Microsoft and webMethods with industry support from other technology leaders--The XKMS standard was submitted in February of 2001 to the appropriate Web standard bodies for consideration as an open Internet standard.
--XML Encryption allows for selective encryption of XML documents, thus allowing for key fields to be accessible to some recipients but not others. XML Encryption began as a W3C (World Wide Web Consortium, www.w3.org) An international industry consortium founded in 1994 by Tim Berners-Lee to develop standards for the Web. It is hosted in the U.S. by the Computer Science and Artificial Intelligence Laboratory (CSAIL) at MIT (www.csail.mit.edu/index.php). working group in early 2001.
About webMethods, Inc.
webMethods, Inc. (Nasdaq:WEBM) is the leading provider of integration software solutions for Global 2000 corporations, major B2B exchanges and leading software application vendors. The webMethods integration platform allows customers to achieve quantifiable R.O.I. by linking business processes, enterprise and legacy applications, databases and workflows both within and across enterprises. By deploying the webMethods integration platform, customers reduce costs, create new revenue opportunities, strengthen relationships with customers, substantially increase supply chain efficiencies and streamline internal business processes.
Founded in 1996, webMethods is headquartered in Fairfax, Va., with offices throughout the U.S., Europe and Asia Pacific. webMethods has more than 550 customers worldwide--from Global 2000 leaders such as Citibank, Dell, Eastman Chemical, The Ford Motor Company, Grainger, Motorola and Starbucks to major industry-backed exchanges like ForestExpress, eHITEX/Converge and PetroCosm. webMethods' strategic partners include Ariba, Broadvision, Commerce One, 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. , i2 Technologies, J.D. Edwards, 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, Oracle Corp., SAP AG and Siebel Systems. More information about the company can be found at www.webMethods.com.
webMethods is a registered trademark of webMethods, Inc. All other company and product names are property of their respective owners.
This press release contains various remarks about the future expectations, plans and prospects of webMethods that constitute forward-looking statements for purposes of the safe harbor provisions 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. The actual results of webMethods may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Risk Factors section of webMethods' recent Form 10-Q for the quarter ended December 31, 2000, as amended, which is on file with the Securities and Exchange Commission.