Tuesday January 16, 10:03 am Eastern Time
Transentric to Use
XMLSolutions' Business Integration Platform to Double
Transentric Expects Well
Over 50 Percent of Its Electronic Transactions to Require
XML by 2002
MCLEAN, Va., Jan. 16 /PRNewswire/ -- XMLSolutions Corporation, a worldwide
provider of software for conducting XML-based direct materials procurement,
and Transentric, a leading supply chain and electronic message management
company, today announced a strategic technology partnership.
plans to use XMLSolutions' Business Integration Platform to provide bi-
directional EDI-to-XML and XML-to-XML translation capabilities to rapidly
integrate tens of thousands of new trading partners.
Transentric has provided
their Global 2000 customers with EDI-based transaction solutions for 15 years
and estimates that one year from now, a majority of its projected three
million daily electronic transactions will involve XML.
``As the number of XML dialects increases, XMLSolutions' unique method of
mapping from EDI-to-XML will enable us to drastically reduce the number of
translations necessary to integrate future trading partners,'' said Fred Domke,
Chief Technology Officer of Transentric.
``We expect a significant portion of
our future growth to come through the provision of XML-based messaging, and
XMLSolutions software will help us enhance our inventory and supply chain
``With all the hype surrounding XML, our partnership with Transentric
provides a vivid illustration of XML's significance in extending the
visibility within a supply network,'' said Ron Shelby, CEO of XMLSolutions.
``Using XMLSolutions' Business Integration Platform will dramatically
accelerate Transentric's efforts to extend their supply chain and inventory
management capabilities to the tens of thousands of Web-based trading partners
who do not use EDI.''
Under this agreement, Transentric's Intelligent messaging management will
use XMLSolutions' Business Integration Platform software to augment its
support for EDI and XML data translation from supply chain members.
XMLSolutions' Business Integration Platform is a universal interpreter for
business information exchange that enables companies to share real-time
information with all business partners and marketplaces, regardless of size.
Business Integration Platform delivers the functionality necessary for
companies to conduct direct and indirect/MRO materials procurement
transactions with increased business process efficiency and a dramatic time-
to-market advantage over competing products.
Transentric, a wholly owned subsidiary of Union Pacific with more than
7,000 trading partners, transmits almost 1.5 million secure electronic
messages a day for customers in a variety of industries.
To serve both new
and existing customers most effectively, Transentric enhances the visibility
along a customer's supply chain, by electronically integrating its trading
partners and providing more message points to help clients avoid costly delays
stemming from inadequate inventory management.
``To illustrate the critical nature of inventory management, think about
the enormous cost involved to shut down an automotive assembly line,'' Domke
``When you consider that most of the message points along our
customers' supply chains are small-to-medium sized companies with no EDI
capabilities, we believe we can generate a tremendous return-on-investment for
them if we enable their trading partners to conduct business electronically.
And when you consider the vast number of transportation companies in the US
alone, you can see why we are thrilled to utilize the capabilities provided by
Formed in 1987 and located in St. Louis, Transentric enables supply chain
improvement for a variety of companies. With 13 years of profitability and
revenue growth, Transentric is building on its development of carrier software
products and shipping management solutions to expand its customer base into
the e-commerce arena.
In addition to providing carrier solutions in the US
and Mexico, Transentric serves clients in trucking, paper, agriculture,
chemicals, beverage and other industries such as Bowater, Lamb Weston, Quaker
Oats, Weyerhaeuser, Entergy, and Wisconsin Central Transportation Company.
Transentric is a part of Fenix Enterprises, a technology holding company
formed by Union Pacific Corporation (NYSE: UNP - news).
For more information, go to
XMLSolutions Corporation (www.xmls.com) enables the secure, real-time B2B
exchange of direct materials transactions over the Internet.
By eliminating a
company's EDI and XML dialect dependencies, XMLSolutions removes trade
barriers, enabling uniform transactions among customers, exchanges, and
trading partners of all sizes.
The XMLSolutions integrated solution includes
support for XML-to-XML transformations; EDI-to-XML translation; and over 3000
mission-critical, industry-specific EDI business documents. XMLSolutions is
headquartered in Northern Virginia's technology corridor with offices in
Atlanta; Charlotte; Chicago; New York; San Francisco; Bangalore, India; Seoul,
Korea; South Africa; The Netherlands; Denmark; Austria; Sweden; Switzerland;
Belgium; Germany; France; Italy; Spain; and the United Kingdom.
Note to Editors: The name XMLSolutions is one word, with uppercase XMLS
and all other letters in lower case.