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

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To: Kamen Rider who wrote ()2/22/2000 11:03:00 AM
From: bob zagorin   of 583
 
J.D. Edwards Partners With LifeMap Communications to Extend Its Employee Self Service Offering

Alliance Enhances J.D. Edwards' Ability to Provide Customers With Web-Based

Knowledge Management and Information Portals for Employee

Self-Service Capabilities

DENVER, Feb. 22 /PRNewswire/ -- J.D. Edwards & Company (Nasdaq: JDEC), a leading provider of e-business software solutions that deliver speed and agility, and LifeMap Communications, Inc., a developer of knowledge-based software applications for human resources today announced that LifeMap Communications' award-winning software, LifeMap(TM), will be integrated with J.D. Edwards' human resources suite, and act as the gateway to J.D. Edwards' self service applications.

The combined products will provide J.D. Edwards' customers with a Web-based information portal that gives employees easy access to information they need to make decisions about the life events that affect their work and personal lives. The integrated knowledge-based solution leverages employee self service (ESS) tools offered in OneWorld(TM) and content developed by LifeMap to promote an environment of employee self-sufficiency. According to McKinsey & Co., approximately $140 billion is spent annually in the employee benefits industry on paper-based transaction and communication information. Creating effective e-business solutions such as the one forged between OneWorld and LifeMap can bring tremendous efficiencies to this $1.7 trillion industry.

"LifeMap Communications is excited to enter into this partnership with J.D. Edwards. Both companies share the vision of empowering employees by providing the necessary tools and information they need to make decisions that affect their work and personal lives. J.D. Edwards has taken a leadership role in developing the technology and structure to accomplish this task. We look forward to working with J.D. Edwards to offer a one-stop solution for employee self-service," said Thomas B. Brassil, Jr., vice president of sales and business development for Walnut Creek, Calif.-based LifeMap Communications, Inc.

"J.D. Edwards is committed to partnering with industry leaders like LifeMap Communications who take the concept of employee self-service to new heights. Our partnership provides customers with a Web-based enterprise solution that expands their ability to provide employees the highest quality employee self-service solution available today," said Michael Schmitt, senior vice president at J.D. Edwards.

J.D. Edwards' clients access LifeMap via the Intranet or Internet to tap a wealth of resources, such as articles, seminars, calculators, interactive exercises, and related Web sites as well as company policies, procedures and forms -- all centered around life events. Employees can update routine information, including employee benefits, from their desktops, streamlining routine human resources functions throughout the organization. Available today in conjunction with the OneWorld and WorldSoftware(TM) human resources suites, the complete integration of J.D. Edwards and LifeMap, which links J.D. Edwards employee self service applications with the LifeMap information portal, is expected to be available in late 2000.

About LifeMap Communications

Founded in 1997, LifeMap Communications, Inc. is a developer of knowledge-based software applications for human resources communications, education, and training. LifeMap(TM) leverages the most advanced database, multimedia, and Internet technologies to deliver Web-based ESS, knowledge management and portal tools to organizations in the private, public, and nonprofit sectors. Human Resource Executive magazine named the company's landmark human resources software application, LifeMap(TM), as one of the Top Ten Human Resource Products of 1999. Privately owned and headquartered in Walnut Creek, Calif. LifeMap Communications also has offices in Plano, Texas and Denver, Colorado.

About J.D. Edwards

J.D. Edwards provides Idea to Action(TM) software for managing the enterprise and supply chain. The Company's integrated applications give customers control over their front office, manufacturing, logistics/distribution, human resources and finance processes for the consumer products, industrial and services industries. J.D. Edwards enables Idea to Action with ActivEra(TM), a collection of tools and technologies that extend the J.D. Edwards active supply chain solutions and, OneWorld(TM) and WorldSoftware(TM) enterprise business software. ActivEra allows customers to change their enterprise software quickly and easily during and after implementation. The Company's solutions operate in multiple computing environments, including Windows NT(R), UNIX(R) and OS/400(R), and are Java(TM) and HTML enabled.

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 at 800-727-5333 or via the Internet at www.jdedwards.com.

NOTE: J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company. LifeMap is a pending patent and trademark of LifeMap Communications, Inc. 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.

SOURCE J.D. Edwards & Company

CO: J.D Edwards & Company; LifeMap Communications, Inc.

ST: Colorado, California

IN: CPR MLM

SU: CON

02/22/2000 08:01 EST prnewswire.com
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