Global Customers Benefit During the First Year Of i2 and webMethods' Partnership
Customers Such as Future Electronics, Corporate Express, Hewlett-Packard, Mitsubishi and WWRE Reap Benefits from Using Market-Leading Dynamic Value Chain Solutions With an Embedded Comprehensive Integration Platform
FAIRFAX, Va. and DALLAS, April 10 / -- webMethods, Inc. (Nasdaq: WEBM - news), a leading provider of integration software, and i2 Technologies, Inc. (Nasdaq: ITWO - news), the leading provider of dynamic value chain solutions, today highlighted the status of their relationship during the first year of their partnership. A year ago, the companies teamed to provide integration capabilities to assist companies in cross-enterprise collaboration enabled by i2's market-leading dynamic value chain management solutions. In October 2001, i2 delivered webMethods' advanced integration capabilities with its i2 Five.Two offering. With the launch of i2 Five.Two, customers have access to webMethods' market-leading integration software, which can assist in rapid value chain integration across multiple enterprises.
Leading companies are benefiting from the combined solutions of webMethods and i2, including Adquira, Akkade, Carnival Corp., Cooper Industries, Corporate Express, E-GateMatrix, Forindo, Future Electronics, Hewlett-Packard Company, Mercados Electronicos Multimedia, S.A, Mitsubishi, Potash, ST Aerospace and WorldWide Retail Exchange. In total, webMethods and i2 share more than 60 customers.
``At the beginning of every partnership, expectations are high regarding what the relationship will yield,'' said Ray Greer, executive vice president for i2. ``I'm happy to report that this partnership has been extremely successful. By working with webMethods, we've helped customers achieve more rapid integration with existing systems. i2 is committed to the success of our customers and we offer solutions they need to construct and integrate their value chains to deliver real results.''
In addition to providing customers with the integration necessary to decrease the total cost of ownership for their value chain applications, i2 recognized that customers needed additional integration throughout the enterprise. Because customers can also buy complementary webMethods integration software through i2, they have been able to achieve end-to-end integration working directly with i2's service based architecture.
Businesses can benefit from implementing i2's best-of-breed, value chain solutions in combination with webMethods' market-leading integration platform. The combination extends the ability of i2's dynamic value chain management solutions to provide business value within the enterprise and across multiple enterprises. Customers gain the ability to quickly react to changing business conditions throughout their value chains.
``i2 has been a phenomenal partner. They have been aggressive in their mission to deliver customer value, and have recognized the role integration must play in achieving that end,'' said David Mitchell, president and COO of webMethods, Inc. ``This relationship would serve as a great case study on how to successfully partner in the software industry. Both companies have been committed to supporting each other in every way possible to ensure that, in the end, the customer has what they need to run their business smoothly.''
``We needed to integrate our corporate legacy systems with best of breed applications such as i2's Discovery Knowledge Manager,'' said Brad Hudon, director of IT Development for Future Electronics. ``We chose the webMethods integration platform for three primary reasons: first, technology excellence, second, it provided the most strategic 'on-ramp' for the value added services we offer our customers, and, finally the fact that webMethods software was already integrated with i2's applications.''
About webMethods, Inc.
webMethods, Inc. (Nasdaq: WEBM - news) is a leading provider of integration software. The webMethods integration platform allows customers to achieve quantifiable R.O.I. by linking business processes, enterprise and legacy applications, databases and workflows both within and across enterprises. By deploying the webMethods integration platform, customers reduce costs, create new revenue opportunities, strengthen relationships with customers, substantially increase supply chain efficiencies and streamline internal business processes.
Founded in 1996, webMethods is headquartered in Fairfax, Va., with offices throughout the U.S., Europe and Asia Pacific. webMethods has more than 750 customers worldwide including Global 2000 leaders such as Bank of America, Citibank, Dell, Eastman Chemical, The Ford Motor Company, Grainger, and Motorola. webMethods' strategic partners include Accenture, AMS, BMC Software, BroadVision, Cap Gemini Ernst & Young, Deloitte Consulting, EDS, Hewlett- Packard, i2 Technologies, J.D. Edwards, KPMG Consulting, Microsoft, Oracle Corp., SAP AG and Siebel Systems. More information about the company can be found at webmethods.com .
About i2
For more than a decade, i2 has been the leader in supply chain management. i2 has extended its technology and expertise to Dynamic Value Chain Management-solutions to help companies collaborate on decision-making processes not only across functions within a single company, but also across multiple companies. i2 solutions span the value chain interactions, including customer relationship management, supply chain management and supplier relationship management. Established in 1988, i2 is the only software solutions provider that measures, audits, and reports total value provided to its customers, with a mission to deliver $75 billion in value by 2005. Learn more at i2.com .
webMethods is a registered trademark of webMethods, Inc. in the USA and certain other countries. All other company and product names are the property of their respective owners.
i2 is a registered trademark of i2 Technologies, Inc. and its subsidiaries.
This press release contains various remarks about the future expectations, plans and prospects of webMethods that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. The actual results of webMethods may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed under the heading ``Factors That May Affect Future Operating Results'' in the Business section of webMethods' Form 10-K for the year ended March 31, 2001 and in the Management's Discussion and Analysis section of webMethods' Forms 10-Q for the quarters ended September 30, 2001 and December 31, 2001, all of which are on file with the U.S. Securities and Exchange Commission. webMethods disclaims any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this press release.
This press release may contain forward-looking statements that involve risks and uncertainties including forward looking statements regarding the customer's ability to implement i2 solutions successfully and in a timely fashion, receive expected functionality and performance, or achieve benefits attributable to i2 solutions, and the success of i2's partnerships. For a discussion of factors identified by i2 that could cause actual results to differ materially from those forward-looking statements, please refer to i2's recent filings with the SEC, particularly the Form 10-K filed March 31, 2002. Additionally, i2 assumes no obligation to update the forward-looking statement contained in this news release.
SOURCE: webMethods, Inc.; i2 Technologies, Inc. |
