Vitria Showcases EbXML eBusiness Solution At JavaOne Conference.
SUNNYVALE, Calif.--(BUSINESS WIRE)--June 6, 2000
New XML standard designed to accelerate development and deployment of
XML-based ebusiness solutions
Vitria Technology Inc. (Nasdaq: VITR), a leading ebusiness platform provider, joined industry leaders at the JavaOne Conference in San Francisco, Calif., to demonstrate Vitria's ebusiness platform support for ebXML. Developed under the guidance of leading ebusiness standards bodies, ebXML is an emerging standard designed to facilitate open trade between organizations by enabling XML to be used in a consistent manner to exchange electronic business data. Vitria's support for ebXML will enable customers to rapidly develop and deploy ebXML-based ebusiness solutions.
Vitria's ebusiness platform, BusinessWare, enables companies to conduct business electronically (or "electronically bond") with any online trading partner using open Internet standards like XML. Electronic bonding provides the ability for members to automatically link their business processes over the Internet, enabling automatic, system-to-system exchange of business information and transactions in real time. Vitria's BusinessWare provided the basis for a successful demonstration of ebXML-based electronic bonding between two businesses' back office systems. The prototype was a joint effort by Vitria and Sun Microsystems, presented to experts from around the world who convened to address progress on Java platform-based global electronic business infrastructure technologies, including the ebXML initiative's 18-month charter for a technical framework that will enable XML (Extensible Markup Language) to be utilized in a consistent manner.
This ebXML prototype was also demonstarted successfully at the latest ebXML conference in Brussels, Belgium on May 12, 2000. The prototypes implemented the draft ebXML specification for exchange of business documents between trading partners using the everyday Internet Web and e-mail protocols, HTTP and SMTP. Sample OpenTravel Alliance (OTA) business messages were exchanged for the demonstrations.
"Vitria is committed to furthering the development of open industry standards for ebusiness," said JoMei Chang, president and CEO of Vitria. "Initiatives such as ebXML align perfectly with our vision of a fluid, seamlessly inter-connected network of exchanges, hubs and trading partners that enable new business relationships to be formed and changed, on demand, in response to constantly shifting market conditions. We call this next generation of ebusiness `business-to-network' or B2N, and Vitria will continue to work on establishing standards that support this vision."
Vitria's demonstration of the ebXML prototype at the JavaOne and the ebXML conferences demonstrates the company's ongoing, active role in the development of ebusiness standards. Vitria played a similar leadership role in the development of the RosettaNet ebusiness standard. The RosettaNet organization was formed in 1998 to develop and deploy global standard electronic interfaces to align the processes between supply chain partners in the IT industry, enabling buyers and sellers of computer technology to conduct ebusiness more efficiently. RosettaNet standards include Partner Interface Processes, or PIPs, which consist of system-to-system XML-based dialogs that define how business processes are conducted between IT manufacturers, software publishers, distributors, resellers, and end-users. Vitria's ebusiness platform is designed to support all current and future standards -- such as ebXML and RosettaNet -- for ebusiness.
ebXML (www.ebXML.org) is an International Initiative established by UN/CEFACT and OASIS in late 1999 with a mandate to undertake an 18-month program of work to research and identify the technical basis upon which the global implementation of XML (Extensible Markup Language) can be standardized. The goal of ebXML is to facilitate open trade between organizations regardless of size by enabling XML to be used in a consistent manner to exchange electronic business data. UN/CEFACT is the United Nations body whose mandate covers worldwide policy and technical development in the area of trade facilitation and electronic business, and OASIS is a non-profit, international consortium dedicated solely to product-independent data and content interchange.
Vitria Technology, Inc. is a leading ebusiness platform provider. Vitria's ebusiness platform, BusinessWare, 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 firstname.lastname@example.org.
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.
BusinessWare(R) is a trademark of Vitria Technology, Inc. All other names may be trademarks of the companies with which they are associated.
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|Date:||Jun 6, 2000|
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