Hyperchannel may be first IPO, more evidence:
Bravo to Hyperchannel management for choosing to deploy object technology and XML as the basis for the Hyporium software infrastructure and for selecting Object Design's eXcelon. This is leading edge software technology and a very wise choice for
e-commerce.
biz.yahoo.com
<<Tuesday December 21, 9:27 am Eastern Time
Company Press Release
Object Design, Inc. Announces Hyporium Trading Hub eBusiness Deployment of eXcelon XML Application Platform
First of its Kind Internet-based IT Trading Site Relies on eXcelon to Deliver Successful Selling Over the Web
BURLINGTON, Mass.--(BUSINESS WIRE)--Dec. 21, 1999-- Object Design, Inc. (Nasdaq:ODIS - news), a global provider of innovative eBusiness products and solutions, today announced that its eXcelon XML application platform is the power behind the Hyporium(tm) Trading Hub, a United Kingdom based online trading hub that allows buyers, resellers, distributors and manufacturers to electronically trade over the Web.
Created by leading e-commerce enabler Hyperchannel Ltd, Hyporium Trading Hub is designed to help everyone involved in IT trade embrace electronic commerce. Hyporium Trading Hub allows resellers to create online virtual stores. This includes: store management to set up the style of the store, how they want their prices represented, what they want to sell, what access levels they want and what payment methods they want. Hyporium Trading Hub enables them to create a virtual store that can be easily customized, getting away from the restrictions of the bricks and mortar approach. It allows buyers to visit the IT resellers virtual stores online, input their requirements and obtain immediate, real-time price and availability quotes.
Hyporium Trading Hub is set to launch in Germany early next year, as well as in five other European countries. Companies such as IBM, Compaq, 3Com and Novell have already signed up with Hyporium.
''The core of the Hyporium Trading Hub is the eXcelon product from ODI. The reason for choosing eXcelon is that we needed an object oriented approach,'' said David Kerrell, Hyperchannel's eCommerce product manager. ''We are dealing with multiple third parties, varied and complex products whose attributes are all different. We needed an extremely flexible solution. There was no way that we could operate with a rigid hierarchical relational approach.''
''A key reason for going with eXcelon is because it uses XML. This is rapidly becoming the de facto language of eCommerce,'' added Kerrell. ''The majority of interfaces for eCommerce that are being defined as standards are being written in XML. Therefore it makes sense to align ourselves with Object Design because their organization delivered the solution we needed.''
eXcelon is the first application development environment for building and deploying XML-based e-Business applications. The product consists of three primary components: eXcelon Toolbox (consisting of eXcelon Explorer, eXcelon Studio, eXcelon Manager and eXcelon Stylus), the eXcelon data server and Xconnects.
Manufacturers currently endorsing Hyporium include Compaq, IBM, Oracle, Novell and 3Com. Distributors involved in the project include C2000, Computacenter, Logitek, WestCoast, Unipalm, InterQuad and Computer 2000. Leading resellers joining Hyporium include Business Systems Group (BSG), Integrated Network Solutions (INS) and CAE Office Systems.
About Object Design, Inc.
Object Design, Inc. (www.odi.com), is a provider of innovative products and solutions that enable companies to build and deploy next-generation eBusiness applications. Companies worldwide have gained competitive advantage by using ODI's products to power a wide variety of business-to-business and business-to-consumer eBusiness applications, including supply-chain management, Web eCommerce, enterprise information portals, knowledge management and Web-based marketplaces. ODI offers specialized eBusiness application development and deployment solutions for the two most important eBusiness standards today: Enterprise JavaBeans (EJB) and eXtensible Markup Language (XML). ODI sells and supports its products through branch offices across the U.S. and international subsidiaries in the United Kingdom, Germany, The Netherlands, Japan and Australia, as well as a worldwide network of distributors, value-added resellers, systems integrators and other indirect sales partners.
''Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Object Design's business, including statements with respect to the range of expected total revenues, expected net loss per share and future market opportunities and prospects, which are not historical facts are ''forward-looking statements'' that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ''Risk Factors'' in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
NOTE: Object Design, the Object Design logo and ObjectStore are registered trademarks of Object Design, Inc. eXcelon is a trademark of Object Design, Inc. Javlin is a trademark of Object Design, Inc. Java and Java-based logos are registered trademarks of Sun Microsystems, Inc. Other products referred to may be registered trademarks of their respective owners.
--------------------------------------------------------------------------------
Contact:
Object Design, Inc.
Deb Vlock
781-674-5382
dvlock@odi.com
or
Object Design Ltd. UK
Karen Copson
+44 (0) 118 930 1200
kcopson@odi.com
or
Schwartz Communications
Bill Keeler
781-684-0770
billk@schwartz-pr.com>> |
