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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1590)7/10/2001 10:15:39 PM
From: ms.smartest.person   of 2248
 
PCCW's MartPOWER Teams With webMethods

7/10/2001 9:05:00 AM
HONG KONG, Jul 10, 2001 /PRNewswire via COMTEX/ -- PCCW's e-procurement and e-marketplace solutions provider MartPOWER announced today that it has collaborated with webMethods, Inc. (WEBM) , a leading provider of integration software, to offer seamless integration of e-commerce applications of customers with business processes both within and across enterprises.

The collaboration means MartPOWER customers can now effectively and rapidly connect and integrate e-procurement and e-commerce applications with their legacy or Enterprise Resources Planning (ERP) systems, or with trading partners' systems throughout their entire supply chain.

The enhanced array of e-commerce solutions will be introduced to large and medium-size corporations in Hong Kong and China, especially those in the manufacturing, banking and finance, public utility and service industries.

"Using the webMethods integration platform, MartPOWER's buyers and sellers can now receive faster connections to MartPOWER," said Thomas Siu, president of PCCW's Business eSolutions. "Since MartPOWER also easily connects with different e-marketplaces, we can now provide one-stop shopping to a wider range of customers, and create powerful trading networks among customers, suppliers and partners."

"We believe collaborative commerce is the future trend of the e-commerce world. Today's partnership also takes us a step closer to our goal of helping enterprises' full e-business transformation and creating an e-trading hub in Asia," Mr. Siu said.

New advantages for MartPOWER customers

The combination of the webMethods integration platform, which provides a comprehensive solution for connecting applications across extended enterprises, and MartPOWER's e-commerce expertise, means customers receive competitive advantages such as:

* Seamless integration of e-commerce applications with back-end ERP,
financial or inventory systems

* End-to-end automation of purchasing processes and full integration of
back-end procurement systems

* Rapid connection and collaboration with traders through e-marketplaces

* Effective connection between e-marketplaces

* Enhanced supply chain management efficiency and cost savings

Edmund Chan, managing director of webMethods, greater China, said: "We are honored to be chosen by PCCW's MartPOWER, as it represents a significant customer win in the Asia-Pacific region, which we believe is full of e- commerce potential.

"As a household name for integrated communications services in the region, PCCW's MartPOWER selection of webMethods is a strong vote of confidence in us and the reliability of our solutions. PCCW is yet another example of how webMethods has become the de facto integration platform for electronic exchanges," he said.

About PCCW

Pacific Century CyberWorks (0008;) , the Hong Kong- listed flagship of the Pacific Century Group, is one of Asia's leading integrated communications companies. From its market-leading position in Hong Kong, PCCW is focused on building shareholder value by leveraging synergies between its core businesses and partners, and by delivering total solutions to corporate and consumer customers throughout Asia. PCCW provides key services in the areas of: integrated telecommunications (PCCW-HKT); broadband solutions; mobility and connectivity; narrowband and interactive broadband (Internet Services); business e-solutions; data centers and related infrastructure.

To learn more about PCCW, go to
pccw.com
.

About webMethods, Inc.

WebMethods, Inc (WEBM) is the leading provider of integration software solutions for Global 2000 corporations, major B2B exchanges and leading software application vendors. The webMethods integration platform allows customers to achieve quantifiable ROI by linking business processes, enterprise and legacy applications, databases and workflows both within and across enterprises. By deploying the webMethods integration platform, customers reduce costs, create new revenue opportunities, strengthen relationships with customers, substantially increase supply chain efficiencies and streamline internal business processes.

Founded in 1996, webMethods is headquartered in Fairfax, Va., with offices throughout the US, Europe and Asia Pacific. webMethods has more than 625 customers worldwide including Global 2000 leaders such as Citibank, Dell, Eastman Chemical, The Ford Motor Company, Grainger, Motorola and Starbucks. webMethods' strategic partners include Accenture, Ariba, BroadVision, Commerce One, Deloitte Consulting, EDS, Hewlett-Packard, i2 Technologies, J.D. Edwards, KPMG Consulting, Microsoft, Oracle Corp, SAP AG and Siebel Systems. More information about the company can be found at webmethods.com .

About PCCW Business eSolutions

PCCW's Business eSolutions provides seamless end-to-end solutions that support enterprise customers across Asia. Its service scope includes business consulting, systems integration, Web design, applications development, online security and payment platforms, broadband access, business Internet portals, online marketplaces, and logistics and fulfillment services.

Leveraging on PCCW's network infrastructure and regional connectivity coverage, Business eSolutions offers next-generation network services by focusing on vertical industrial applications and value-added services that benefit from the networked economy. Business eSolutions is targeting selected high-growth industrial sectors in greater China, including finance, the public sector, multimedia communications and manufacturing.

For more information, please contact:

Ivy Eckerman
webMethods, Inc.
703-251-7153
ivy.eckerman@webmethods.com

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SOURCE webMethods, Inc.

CONTACT: Ivy Eckerman of webMethods, Inc., 703-251-7153, or
ivy.eckerman@webmethods.com

URL: webmethods.com
prnewswire.com

Copyright (C) 2001 PR Newswire. All rights reserved.
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