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Technology Stocks : J.D. Edwards debut! (JDEC)

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To: bob zagorin who wrote (546)6/20/2000 1:28:00 PM
From: bob zagorin  Read Replies (1) of 583
 
J.D. Edwards Unveils Delivery of Collaborative Commerce Solutions; Deployment of 'Freedom to Choose' Value Proposition, OneWorld Xe Release, Partnerships With Leading Integration Vendors Position the Company Beyond E-Business; From Focus 2000

DENVER, June 20 /PRNewswire/ -- J.D. Edwards & Company (Nasdaq: JDEC), a leading provider of agile, collaborative solutions for the Internet economy, today announced its "Freedom to Choose" business strategy designed to meet customers' needs for flexibility and choice in the design and assembly of new technologies, solutions and partnerships to enable the next phase of e-business: Collaborative Commerce (C-Commerce). C-Commerce is the ability to deliver open, collaborative technologies that allow communication among vendors, suppliers and customers across the supply chain, thereby maximizing value in business-to-business environments.

Chairman, CEO and President C. Edward McVaney introduced details of the company's strategy to over 8,000 customers and partners at its annual user conference, FOCUS 2000. "In order to succeed in this collaborative world, customers need extended enterprise plug and play, the end game of freedom to choose. They need to have the flexibility to change business processes and accommodate the evolving needs of their partners and customers, and do not want to be dictated to by single-source vendors," said McVaney. "J.D. Edwards' Freedom to Choose initiative is a natural extension of our Idea to Action value proposition, as we move forward to deliver freedom from proprietary standards, freedom to adopt new technologies into an open, collaborative architecture, and freedom of interoperability between all applications."

J.D. Edwards' Freedom to Choose approach enhances the current buyer and seller matching process by providing businesses the intelligence to share information on such processes as manufacturing plans, inventory levels, or order status, among others, and work together to make, ship and account for products. Allowing event-driven business processes to flow openly between complementary technologies establishes trust among partners, drives adoption of web-based commerce technologies and ensures effective order fulfillment -- key elements of successful business-to-business activities for all companies, including digital marketplaces.

OneWorld Xe - The Power Behind Freedom To Choose

The latest release of OneWorld(R), OneWorld Xe (where "Xe" represents "extended enterprise") provides a flexible architecture, pre-integrated applications, and interoperability to power the J.D. Edwards ActivEra(TM) solutions to deliver inter-enterprise collaboration (see related news release, June 20). The technology behind the company's new interoperability strategy, which gives customers the power to collaborate using multiple extended applications that are shared among numerous enterprises, is Extended Process Integration (XPI).

XPI allows disparate technologies within an organization to effectively work together using functionality acquired through J.D. Edwards' new agreement with e-business infrastructure provider Active Software, Inc (see related news release, June 20).

In order to provide multi-enterprise collaboration among vendors, partners and suppliers, J.D. Edwards will embed Netfish's XML-enabled processes and technology (see related news release, June 20). Customers will see immediate benefits of the seamless web of processes, intelligence and value of these strategies, with further rapid progress expected over the next 6-18 months.

"J.D. Edwards is the only company providing customers the freedom to choose how they assemble their internal applications and how they collaborate with partners in the Internet economy," said McVaney. "Our unique approach will result in customers' ability to become more competitive in today's fast-moving business-to-business environment, allowing them to intelligently anticipate and plan for changes both in the market and within their own walls."

About J.D. Edwards

J.D. Edwards is a leading provider of agile, collaborative solutions for the Internet economy. The Company's integrated ActivEra(TM) Solutions deliver supply chain collaboration and fulfillment, and enable business-to-business trading communities in the consumer products, industrial and services industries. The Company's solutions are web-enabled and operate in multiple computing environments.

Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1999 revenues of $944.2 million. Additional information can be obtained by contacting the Company via the Internet at www.jdedwards.com or at 800-727-5333.

NOTE: J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other product and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners. The historical results stated above are not necessarily indicative of the results of any future period.

Graphics, headshots and bios associated with this release can be found at: jdedwards.com

SOURCE J.D. Edwards & Company

CO: J.D. Edwards & Company

ST: Colorado

IN: CPR MLM

SU: PDT

06/20/2000 12:00 EDT prnewswire.com
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