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Web 2.0 Goes Business with Xeequa.

New Web Application Crosses Company Boundaries, Letting Business People Share and Collaborate on Business Opportunities

First Business Networking Solution for Sales and Marketing People

PALO ALTO, Calif. -- Palo Alto-based startup Xeequa Corp. today announced new Web 2.0 software applications for business people. While traditional software, whether installed on-premise or delivered as a service (SaaS), is purchased and owned by one company for their employees, Xeequa is designed to cross company boundaries and allows instant networking with partners and alliances, sharing of business opportunities and sales leads and collaborating over the Internet. The simple sign-up process allows business people to create a partner network and collaborate immediately without any of the time-consuming implementation processes common to traditional enterprise software.

"While today's business world is completely networked, most of our business software architecture still goes back to the '70s" says founder and CEO Axel Schultze. "Even if you are looking at the latest on-demand CRM applications, they are architected for and purchased by individual companies for their internal users but can't cross company boundaries. On the other hand, Web 2.0 applications are designed to be used by millions of consumers. Xeequa created a Web 2.0 business application entirely from scratch and converges what works for the consumer net with business applications. That way we help business people to network, share and collaborate across company boundaries instantly."

An interesting side effect of this solution is that vendors can find partners by searching a public directory; similarly, value-added-resellers (VARs), retailers and consultants are able to search for new technologies or new vendors in a public directory. Xeequa announced there are over 1,000 IT resellers and several hundred Vendors in its directory.

Xeequa can be used instantly by any kind of business person. A simple sign-up process can be completed in a few minutes, and the service is ready to be used. While the price of traditional CRM software ranges from several thousand to millions of dollars and SaaS-based tools is purchased for rates starting at $50 per user per month, the Xeequa system is offered to the end user at no charge. In order to accelerate adoption, the Xeequa management team selected a sponsorship-based business model.

The new system is currently in Alpha test and will be available for public Beta on February 22nd 2007. Pre-registration is open now at www.xeequa.com.

About Xeequa

Xeequa Corp. is the first provider of cross-company business applications. The uniquely designed Web 2.0 application allows sales and marketing people of all kinds of companies to network, share and collaborate across company boundaries. Business people from independent companies may share business opportunities, sales leads, or program information and jointly contribute to a better and faster result. A public directory enables businesses to immediately find new alliances and collaborate right away. The simple sign-up process allows immediate use; no complex implementation is required. The company developed a sponsorship-based business model so the application can be free of end-user charges. Xeequa is based in Palo Alto, California. For more information please call (650) 331-7226 or visit http://www.xeequa.com
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Publication:Business Wire
Date:Jan 12, 2007
Words:515
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