Related Quotes NEON PSFT 53 20 9/16 +3 +1/16 delayed 20 mins - disclaimer Thursday December 16, 9:01 am Eastern Time Company Press Release SOURCE: New Era of Networks, Inc.; PeopleSoft PeopleSoft to Resell NEON Products Worldwide NEON Enables Greater Speed and Value for PeopleSoft Implementations DENVER and PLEASANTON, Calif., Dec. 16 /PRNewswire/ -- PeopleSoft (Nasdaq: PSFT - news) and New Era of Networks, Inc. (Nasdaq: NEON - news) today announced a resale agreement, under which NEON's Convoy/DM data conversion software becomes the preferred data conversion engine for PeopleSoft's implementations. (See related PeopleSoft announcement -- PeopleSoft Signs Rights to Distribute NEON Convoy/DM Data Transformation, Loading and Interfacing Tools).
``Business conducted via the Web must proceed on Internet time in order to impact an organization's competitive position,' said Jay Fulcher, senior vice president of PeopleSoft, responsible for PeopleSoft Consulting. ``NEON's tools provide PeopleSoft customers with the ability to rapidly implement application modules that are most critical to their e-Business success first, and then roll out additional modules when appropriate -- without sacrificing the quality of implementation.'
PeopleSoft selected NEON's data migration product as the preferred integration tool through an extensive evaluation process. PeopleSoft will standardize on NEON Convoy/DM worldwide by deploying the product to customers in PeopleSoft's 30 implementation centers throughout North America, and by assisting customers on-site with PeopleSoft implementations. PeopleSoft will also resell the NEON product directly to customers for data conversion and ongoing data interfacing from PeopleSoft to other in-house applications.
The NEON Convoy/DM tools and methodologies assure implementation predictability as new application modules are rolled out. In more than 200 installations, NEON Convoy/DM has reduced the risk and time involved in bringing a PeopleSoft project on line. NEON Convoy/DM is the data migration component of NEON's Total Solution offerings. It can be used as a stand-alone product for data conversion and as a front-end for NEON e-Biz Integrator(TM) and NEON e-Biz 2000(TM). NEON Convoy/DM is fully compatible with NEON's complete line of integration products required in the e-Business marketplace.
``NEON actively pursues strategic partnerships that incrementally expand our market reach,' said John Valencia, senior vice president of enterprise application for NEON. ``This new agreement strengthens our existing relationship with PeopleSoft and will enable customers to achieve faster time- to-market through rapid deployment of their PeopleSoft applications.'
PeopleSoft's rapid implementation strategy, combined with NEON's technology, reduces the time, effort and risk of implementing PeopleSoft applications.
NEON and PeopleSoft have worked closely together on the design direction of the NEON Convoy/DM product to ensure that it continues to meet the evolving requirements of PeopleSoft's business model and implementation methodologies. PeopleSoft has certified NEON Convoy/DM for all PeopleSoft 7.5 modules including Financials, Human Resources, Distribution Manufacturing and Student Administration. |