Ironside Technologies and Commerce One to Deliver Seamless Seller/Buyer Integration Ironside Powered
Solutions to Provide Real-Time Supplier Integration to Commerce One Buying Communities P
Tuesday, May 9, 2000 09:34:17 AM
LEASANTON, Calif., May 9, 2000 /PRNewswire via COMTEX/ -- Ironside Technologies Inc.(R), a leading supplier of
sell-side business-to-business electronic commerce solutions for the manufacturing and distribution market, today
announced that they have reached agreement-in-principle with Commerce One, Inc. (Nasdaq: CMRC) for the purpose
of real-time seller/buyer connectivity. Commerce One and Ironside expect to finalize terms and execute definitive
agreements by summer 2000. Ironside intends to integrate its Ironworks(TM) sell-side product suite and Ironside
Network(TM) service offering into Commerce One MarketSite(TM) and Global Trading Web(TM) solutions.
(Photo: www.newscom.com /cgi-bin/prnh/20000320/IRON )
Ironside expects to support Commerce One's xCBL (Common Business Library) transactions within the Ironworks
product suite and the Ironside Network service. xCBL, which is Commerce One's set of XML building blocks and
document framework, is expected to provide Ironside Powered suppliers seamless access to an extensive
worldwide business-buyer community. The Ironworks 4.0 product suite will provide integration capability to the
Commerce One MarketSite(TM) Global Trading Portal, as well as individual trading exchanges running on the
MarketSite Portal Solution. Additionally, the Ironside Network "real-time exchange to the exchanges" is expected
to provide suppliers on-demand real-time integration into the entire MarketSite community of exchanges.
"Ironside has demonstrated a strong commitment to delivering solutions to business suppliers for seamlessly
integrating with buyers and buyer communities," said Chuck Donchess, executive vice president and chief strategy
officer for Commerce One. "We expect that the Ironside Network service will accelerate suppliers' ability to
participate in MarketSite exchanges, while delivering business buyers the uninterrupted real-time supplier
integration they demand. We believe that Ironside's supplier expertise and sell-side offerings will accelerate
seamless seller/buyer connectivity across buying communities."
"Commerce One has built a reputation for providing the fabric for some of the world's largest trading exchanges,"
said Ironside Chief Operating Officer Derek Smyth. "xCBL support advances Ironside's promise for connecting
sellers with buyers, regardless of how the buyer elects to conduct business, and ensures Ironside Powered
solutions represents a fast and credible path to emerging channels such as trading exchanges."
In addition, Ironside and Commerce One expect to collaborate to streamline and simplify content management
functions, working together to homogenize supplier catalog information and automate content management
functions.
About Ironside Technologies
Pleasanton, Calif.-based Ironside Technologies Inc. develops and markets leading-edge business solutions for
electronic commerce, enabling manufacturers and distributors to conduct business over the Internet in real-time.
Its flagship product, Ironworks, tightly integrates with existing business logic at the application level, allowing
customers to place orders and conduct inquiries online, with full access to current pricing and inventory information.
With industry-leading product performance and the largest installed base, Ironworks is providing forward-looking
manufacturers and distributors a way to reduce costs, expand market reach and improve customer service.
Ironworks is also available to third party business partners as an Internet solution that can be easily integrated
with their current offerings. Integrated Solutions include Ironworks for eBPCS; Ironworks for JD Edwards;
Ironworks for JBA; Ironworks for PRISM; Ironworks for Protean; and Ironworks for SAP. Contact Ironside at
www.ironside.com , or call 800-495-IRON.
About Commerce One
Commerce One is the leader in global e-commerce solutions for business. Through its products, portals and
services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime,
anywhere. The Commerce One Global Trading Web is the world's largest business-to-business trading community.
Comprised of many e-marketplaces, the Global Trading Web provides unprecedented economies of scale for buying
organizations, suppliers, and service providers worldwide. Commerce One is located in Pleasanton, Calif., and can be
reached by phone at 800-308-3838 or 925-520-6000 or via the Internet at www.commerceone.com .
Forward Looking Statements
Certain statements made in this press release by Commerce One are not historical facts but are "forward looking
statements" and may involve risks and uncertainties which could cause actual future results, including the expected
benefits, including seamless on-demand uninterrupted real-time integration for suppliers to the MarketSite
community and the ability of the Ironside Network service to accelerate suppliers' ability to participate in
MarketSite exchanges, to differ materially and adversely from those anticipated by such statements. Included
among the factors that could affect Commerce One's performance, and the anticipated results of this press
release, are: the possibility that the parties will not be able to agree on final terms and execute definitive
agreements related to the collaboration; the ability of the parties to develop and integrate the Ironworks sell-side
product suite and Ironside Network service offering into the Commerce One MarketSite and Global Trading Web
to generate the results anticipated by the parties, general economic conditions; fluctuations in operating results;
its ability to effectively manage future growth, to retain and efficiently integrate its executive management
team, and to identify, hire, train and retain, in a highly competitive market, individuals highly skilled in the Internet
and its rapidly changing technology; significant revenue concentration in a limited number of clients; the lack of
long-term contracts; its ability to enter into, and retain its existing, strategic relationships; market acceptance,
rapid technological change, a decline in Internet usage, and intense competition in its market; its ability to
effectively integrate the operational, managerial and financial aspects of future acquisitions; and its ability to
obtain financing when required. For a discussion of these and other risk factors that could affect Commerce One's
business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its
annual report on Form 10-K for the year ended December 31, 1999.
NOTE: Ironside and Ironside Powered are registered trademarks of Ironside Technologies Inc. All other products
or company names mentioned are used for identification purposes only, and may be trademarks of their respective
owners. |
