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Technology Stocks : How high will Microsoft fly?
MSFT 486.47+0.3%1:09 PM EST

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To: dybdahl who wrote (52465)11/9/2000 3:48:15 PM
From: DiViT  Read Replies (1) of 74651
 
Sequoia Embraces Microsoft's .NET Initiative

Microsoft's Focus on XML Means Faster and Easier Deployments for Sequoia XPS Customers Leveraging .NET Products
COLUMBIA, Md.--(BUSINESS WIRE)--Nov. 9, 2000--Sequoia Software Corporation (Nasdaq:SQSW - news), the leading provider of XML-pure e-business software, announced its support for the Microsoft .NET initiative, which makes extensive use of XML and related standards as enabling technologies.

Sequoia has embraced XML as a core technology for its applications since 1996, and believes .NET will make it possible for joint customers and ISV partners to quickly integrate XPS with any Microsoft application, whether it resides within an enterprise or over the Internet, accelerating portal deployment.

.NET represents a new generation of software that melds computing and communications in a revolutionary way, offering every developer the tools they need to transform the Web and every other aspect of the computing experience.

By using XML as a standard format for application-to-application communications, .NET will allow the creation of truly distributed Web services that will integrate and collaborate with a range of complementary services, such as XPS(TM), Sequoia's XML-pure portal application.

``Early on, Sequoia realized that XML was going to be a killer technology, not simply a new way to represent content from distributed applications,'' said Bryan Caporlette, executive vice president, Strategic Technologies, Sequoia Software. ``The prominent use of XML in Microsoft's .NET strategy validates Sequoia's XML-pure product architecture and sets a solid technical foundation upon which our two companies can extend our relationship. We fully embrace Microsoft's .NET vision.''

Sequoia is partnering with Microsoft to accelerate the .NET era. Together, Microsoft and Sequoia deliver a scalable and secure portal solution that can interact with applications and repositories across an extended enterprise.

XPS uses XML-based messaging to facilitate application-to-application communication, supporting any XML vocabulary, including Microsoft's SOAP (the Simple Open Access Protocol) and BizTalk, both of which are central to .NET.

XPS is .NET-ready, built on the Microsoft Windows DNA architecture, including Windows NT/2000, IIS, and SQL Server. In addition to leveraging various .NET servers, Sequoia plans to take advantage of Microsoft's new Web Parts components. Web Parts leverage XML communications protocols and will provide Sequoia customers and partners with a fast and easy process for plugging any Microsoft-based application into the XPS user interface.

About Microsoft

Founded in 1975, Microsoft (Nasdaq:MSFT - news) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software--any time, any place and on any device.

About Sequoia Software

Sequoia Software Corporation (Nasdaq:SQSW - news) is a leading provider and innovator of XML-powered e-business software. Sequoia's flagship product, XPS, drives the evolution of business to toward true e-business, helping companies link systems and people, automate critical processes, and strengthen relationships throughout the value chain.

Sequoia's customers and partners include Baylor Health Care System, BITMO, Cap Gemini Ernst & Young, General Electric Power Systems Division, Johns Hopkins School of Public Health, Kaiser Permanente, Lehman Brothers, Lockheed Martin, and SAIC. For e-business solutions that let you do more in less time visit www.sequoiasoftware.com or call Sequoia toll free (888) 820-7917.

XPS is a trademark of Sequoia Software. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. All other trademarks are the property of their respective owners.

Note:

Other than historical information contained herein, certain statements in this release are ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements in this release involve a number of risks and uncertainties including, but not limited to, changes in market conditions, government regulation, technology, our ability to expand, our early stage of development, attraction and retention of key personnel, management of rapid growth, entry into new markets, intense competition, customer concentration and attrition and our dependence on XPS.

These risk factors are discussed in further detail in the Company's SEC filings including the prospectus filed in connection with our initial public offering and the Quarterly Report on Form 10-Q for the quarter ended September 30, 2000.

biz.yahoo.com
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