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Technology Stocks : EXLN - Excelon

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To: Ron Dior who wrote (758)5/16/2001 10:16:46 AM
From: Ron Dior   of 811
 
eXcelon and Siemens Business Services Form Strategic Alliance
State-of-the-Art Web EDI Solution Now Available for Siemens' Suppliers
MUNICH, Germany & BOSTON, May 16, 2001 (BUSINESS WIRE) -- eXcelon Corporation (Nasdaq: EXLN chart, msgs), the leading provider of an XML-based platform for self-service and collaborative applications, and Siemens Business Services (SBS), one of the world's leading providers of e-business solutions and services, today announced a strategic alliance to deliver collaborative e-business applications to organizations worldwide.

Built on eXcelon's XML Platform, SBS has developed a B2B e-business portal by which approximately 52,000 Siemens suppliers can receive orders based on WebEDI using XML technology. SBS will make similar solutions available to its customers worldwide. These solutions will enable an organization to provide faster and more responsive interactions between employees, customers, partners and suppliers creating prolific, executable e-Business, Mobile Business and Multi Channels concepts.

"Every organization constantly looks for new competitive advantages. One of the easiest ways to improve a business is to unlock and repurpose enterprise information into next-generation applications that enable employees, customers, partners and suppliers to serve their own informational and buying needs," said Alan Gold, executive vice president at eXcelon. "Using the eXcelon XML Platform internally, Siemens has realized a new level of efficiency with its partner base. Taking their expertise to their customer base represents an enormous opportunity for eXcelon."

"We have chosen eXcelon because it is the software product portfolio which enables us to implement flexible, scalable and cost-effective B2B infrastructures based on XML-technologies," said Heidemarie Lindner, director of SBS Competence Center e-Business Integration. "Electronic Data Interchange (EDI) has proven to be a useful technology to build up complex IT-infrastructures. Adding eXcelon to our service portfolio enables us to meet the e-Business and mobile business requirements of customers of all sizes and branches."

The Siemens applications are based on eXcelon's XML-based Extensible Information Server (formerly Portal Server), enabling faster, more accurate interactions between companies. The Extensible Information Server enables partners of all sizes to participate in automated interactions with Siemens without having to make any infrastructure investments on their own. As a result, the SBS-built system reduces transaction costs for both Siemens and its partners, while increasing the responsiveness of the entire partner community.

About Siemens Business Services:

Siemens Business Services (SBS) is one of the world's leading providers in the area of electronic and mobile business. With its comprehensive know-how and specific sector knowledge, SBS offers solutions and services from a single source -- from consulting through system integration to responsibility for the customers' entire business processes -- and management of IT infrastructures. In fiscal 2000 (30 September), SBS achieved sales of EUR 5.8 billion, while earnings before interest and taxes (EBIT) amounted to EUR 129 million. The company has 33,500 employees worldwide.
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