Opticality Ventures
Powered by Zope

ARC Systems
Javelin Technologies
Red Oak
Zero G
Zope Corporation

About Us
Executive Summary

Macrovision Acquires Zero G Software!
CNHI Selects Zope4Media
Sophos Acquires ActiveState!


Monday June 12, 9:08 am Eastern Time

Company Press Release

PureEdge and XMLSolutions Join Forces to Expand EDI-XML e-Commerce

Strategic Alliance Enables Global 2000 and Government to Conduct Regulated, Legally Binding E-commerce Transactions

SAN FRANCISCO/MCLEAN, Va.--(BUSINESS WIRE)--June 12, 2000-- PureEdge, leading provider of legally binding e-commerce software, and XMLSolutions, worldwide provider of XML-based infrastructure software and services, have signed an agreement to combine PureEdge's award-winning InternetForms Commerce System(TM) with XMLSolutions' XEDI Translator.

Together, PureEdge and XMLSolutions will allow organizations to leverage their investment in EDI by integrating legacy systems with partners and processes that were previously excluded from EDI-based relationships.

``As the deployment of e-commerce and e-government offerings accelerates, enterprises need to integrate their EDI systems with a growing network of trading partners and citizens who use the Web,'' said David Manning, CTO of PureEdge. ``PureEdge is pleased to partner with XMLSolutions to create legally binding, end-to-end EDI-XML solutions that embrace not only large enterprises and traditional processes, but also small to mid-sized enterprises and heavily regulated business processes.''

``Over 80% of business agreements and processes are embodied in forms,'' said Kevin Kail, Chairman and CEO of XMLSolutions. ``We chose to partner with PureEdge because its InternetForms software completely addresses the legal needs of Internet transactions. The combination of XMLSolutions and PureEdge serves to extend -- not replace -- EDI systems. That's a huge step forward for e-business.''

E-Commerce: From EDI to XML

XMLSolutions' XEDI Translator provides the most expansive, completely customizable EDI solution, expanded trading communities and cost reduction in trade transaction process and fulfillment. XEDI Translator bolts on to existing EDI systems and acts as an extension of that system to the Internet.

PureEdge's InternetForms Commerce System enables organizations to create, complete, sign, and process legally binding XML documents. InternetForms eliminates the need for paper records and enables organizations to conduct sophisticated e-commerce agreements from a Web browser.

The PureEdge-XMLSolutions integration will enable organizations using EDI to establish full trading relationships with partners of any size. InternetForms provide a legally binding XML front end to EDI systems, and appear as human-readable and familiar form interfaces to trading partners accessing them from Web browsers. A partner at a small or medium-sized enterprise can use a browser to open an InternetForm -- such as a purchase order, invoice, or other contractual agreement -- and fill, save, sign, and submit it for processing, thereby interacting with an EDI system that was previously available only to other EDI systems.

About PureEdge (www.PureEdge.com)

PureEdge is the leader in creating legally binding transactions for e-commerce. Named a Top Ten E-Commerce Company by InternetWeek and a Company to Watch by Wall Street & Technology, PureEdge is a recognized leader in the development of secure e-commerce standards. Products include the award-winning InternetForms Commerce System, and an upcoming suite of applications for financial services. PureEdge customers include Global 2000 and public sector organizations including the U.S. Securities & Exchange Commission, Chase Bank, Arvest Bank, the Office of the Secretary of Defense, Allina Health System, Ameritech, and American Legal Net. PureEdge actively works to promote interoperable e-commerce through its participation in a wide a range of industry associations and standards bodies, such as the W3C, the American Bar Association, NACHA, and CommerceNet. For more information visit http://www.PureEdge.com or call 888/517-2675 or 250/479-8334.

About XMLSolutions (www.xmls.com)

XMLSolutions Corporation is a leading provider of XML-based infrastructure software and services that allow companies to achieve enterprise-to-enterprise information integration, or E2Eism. XMLSolutions software allows customers to aggressively leverage existing enterprise systems to deploy new enterprise-to-enterprise information over the Internet. XMLSolutions facilitates communication among trading partners and internal applications such as ERP, mainframe and EDI. XMLSolutions is headquartered in Northern Virginia's technology corridor with offices in Atlanta; Charlotte; Chicago; New York; San Francisco; Bangalore, India; Seoul, Korea; S. Africa; The Netherlands; Denmark; Austria; Sweden; Switzerland; Belgium; Germany; France; Italy; Spain and the UK. For more information contact 703/506-1111, info@xmls.com or http://www.xmls.com.

Note: PureEdge, UWI.Com, InternetForms, and InternetForms Commerce System are trademarks of PureEdge Solutions Inc. All other products named herein are trademarks or registered trademarks of their respective companies.

     Maureen Gordon, 250/881-6143, maureeng@PureEdge.com
     for PureEdge
     Robyn Rader, 213/489-8254, raderr@fleishman.com
     Daryn Walters, 703/506-1111, daryn.walters@xmls.com
     Dennis O'Connor (Peter Arnold Associates)
     781/239-1030, dennis@parnold.com

Portfolio Companies | About Us | Home