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PricewaterhouseCoopers and Vitria to Streamline and Automate Supply Chains for Telcos.

Business & High Tech Editors

MENLO PARK and SUNNYVALE, Calif.--(BUSINESS WIRE)--June 7, 2000

PricewaterhouseCoopers' New World Network Solution Uses

Vitria's BusinessWare(R) eBusiness Platform to Accelerate

Time-to-Revenue for Clients

PricewaterhouseCoopers, the world's largest professional services organization, and Vitria Technology, Inc. (Nasdaq: VITR), a leading eBusiness platform provider, today announced that Vitria's BusinessWare(R) eBusiness platform will be included in PricewaterhouseCoopers' New World Network solution set.

New World Network is aimed at serving the increasingly sophisticated and wide-ranging operational support system (OSS) needs of PricewaterhouseCoopers' communications clients.

The use of this open standards solution will enable New World Network clients to conduct real-time, system-to-system exchange of business information and transactions among their business partners, suppliers and customers. It will also provide New World Network clients with an opportunity to establish flexible trading partner networks and to tap into the Vitria Business Network (VBN), which comprises Vitria-enabled trading communities and their corresponding exchanges, hubs and trading partners. Clients seeking to accelerate time-to-revenue through new business expansion and customer acquisition opportunities can realize those substantial benefits through a more efficient operational support system.

Building upon PricewaterhouseCoopers' experience in enterprise-wide systems integration and process improvement consulting for the communications industry, the organization's New World Network solution consists of customized, pre-configured OSS solution sets for rapidly evolving segments of the industry--such as broadband access providers and wireless companies. It includes embedded integration and functionality for essential network activation, construction, supply chain and enterprise infrastructure processes.

To ensure consistent leading-edge solution and support, Vitria and PricewaterhouseCoopers have together developed a comprehensive, ongoing training and certification program based at PricewaterhouseCoopers' Tampa training center for New World Network practice professionals. In addition, PricewaterhouseCoopers and Vitria will set up a series of global demonstration and development labs where PricewaterhouseCoopers can showcase the end-to-end New World Network OSS solution.

"We've spent a great deal of time listening to our communications clients, and developing a solution that is robust, scalable, and flexible enough to satisfy the ever-changing needs of this market," commented Ed Pillard, global managing partner of PricewaterhouseCoopers' New World Network consulting practice. "We are excited to collaborate with Vitria in providing such fast-growth companies the solutions they'll need to build their infrastructure quickly and profitably--enabling them to expand their operations to global proportions."

The inclusion of BusinessWare(R) in the New World Network solution set has led PricewaterhouseCoopers to consider Vitria's eBusiness platform for client engagements within several other industries, such as consumer and industrial products, energy and mining, and financial services.

"PricewaterhouseCoopers and Vitria share a vision to provide customers with a platform for the next generation of eBusiness, which Vitria calls `business-to-network' or B2N, activity," said JoMei Chang, president and CEO of Vitria. "We are pleased to work with PricewaterhouseCoopers so that their customers can electronically bond with trading partner networks and communities, as well as tap into the larger Vitria Business Network for significant and instantaneous expansion of business opportunities."

About Vitria

Vitria Technology, Inc. is a leading eBusiness platform provider. Vitria's eBusiness platform, BusinessWare(R) , automates mission-critical business processes across the extended enterprise, reducing time to market, shortening lead times, lowering operating costs, and increasing customer satisfaction. Vitria is a publicly traded company (Nasdaq:VITR) based in Sunnyvale, California. 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 PricewaterhouseCoopers

The PricewaterhouseCoopers Information, Communications and Entertainment (ICE) practice operates at the heart of the digital economy. Its four solution sets (Digihub, Dot Com in a Box, eMarkets and New World Network) each represent a fully integrated portfolio of best in class strategy, process and technology services and are designed to overcome the industry's most pressing business challenges. The New World Network solution set provides world class Operational Support Services to the world's leading broadband companies.

The Management Consulting Services practice of PricewaterhouseCoopers helps clients maximize their business performance by integrating strategic change, process improvements and technology solutions. Through a worldwide network of skills and resources, consultants manage complex projects with global capabilities and local knowledge, from strategy through implementation. PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest professional services organization. Drawing on the knowledge and skills of more than 150,000 people in 150 countries, we help our clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance in an Internet-enabled world.

PricewaterhouseCoopers refers to the member firms of the worldwide PricewaterhouseCoopers organization.

This press release includes forward-looking statements 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, risk as related to market acceptance of Vitria's product, deployment delays or errors associated with these products, hardware platform incompatibilities, reliance on a limited number of customers for a majority of revenue, 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, Year 2000 problems and economic downturns in either domestic or foreign markets. These forward-looking statements are generally identified by words such as "expect," "anticipate," "intend," "believe," "hope," "assume," "estimate" and other similar words and expressions.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 7, 2000
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