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Technology Stocks : Enterprise Information Portals (EIP)

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To: Thomas DeGagne who started this subject7/17/2001 12:02:14 PM
From: Thomas DeGagne  Read Replies (1) of 183
 
FileNET Announces Brightspire Platform for Collaborative Commerce Applications
New product line available for beta shipment will accelerate the development of online collaborative eBusiness applications

biz.yahoo.com

COSTA MESA, Calif.--(BUSINESS WIRE)--July 17, 2001-- FileNET Corp. (Nasdaq:FILE - news), a leading provider of Business Process Management solutions, today announced the beta program availability of Brightspire(TM), a new eBusiness framework for collaborative commerce applications.

Brightspire is another milestone in FileNET's strategy to lead the Business Process Management (BPM) industry by providing solutions for managing the complex business processes and essential information that drive an organization's business.

Supported by FileNET's unique expertise in delivering business solutions, Brightspire was developed to address the need for a standard, re-usable software framework for eBusiness that is designed to be quick to deploy and requires little or no custom software development. The new platform will be used to accelerate the development of a broad range of collaborative applications such as eProcurement, new account origination, collaborative selling and many other customer-facing, self-service systems.

``Organizations must automate their processes and facilitate interactions with their partners and customers in order to effectively compete in today's economy,'' said Lee Roberts, chairman and CEO of FileNET. ``FileNET is aggressively moving into a market that is currently being serviced by business integration infrastructure vendors that do not offer the total package provided by our new Brightspire solution. It is our intention to become a formidable presence in this space to help our customers quickly build collaborative commerce solutions.''

``FileNET has invested significant research and development efforts in building this new software platform from the ground up to help organizations solve their most complex eBusiness problems,'' said Michael W. Harris, senior vice president of Products and Strategy at FileNET. ``We believe that to succeed in eBusiness, organizations must adapt to competitive requirements for external collaboration, self-service and existing business process connectivity. The new Brightspire architecture is based on J2EE, XML, BPM and EAI technology, all bound into a single application environment.''

``Precisely because the business environment constantly and rapidly transforms, enterprises must have an easy-to-use business process management (BPM) solution that enables a flexible, model-driven approach for guiding process assets,'' said Tyler McDaniel, Director, Application Strategies at Hurwitz Group. ``The synergy of process-oriented, productivity applications with integration technology that unifies the existing IT infrastructure is a spearhead for enterprises to more effectively deliver goods and services to customers and partners.''

``IDC believes that the key to success in eBusiness is seamless integration that is manageable, flexible and that delivers added value in the form of a rich base of business intelligence regarding the enterprise and its interoperation with customers and other enterprises,'' said Carl Olofson, director of Applications Development and Deployment Research Group at IDC.

``Brightspire provides a set of key functional elements that enable the integrated interaction of the whole eBusiness platform. In particular, the Brightspire approach of driving eBusiness processes with a comprehensive business object environment yields a smoothly consistent, comprehensive, easy-to-manage environment that will prove its value in maintainability as it provides the kind of flow-through business process integration that is essential to success in the eBusiness world.''

About Brightspire

Brightspire is a powerful and customizable eBusiness framework that enables organizations to manage the complex processes and essential content that drive their business. Through application templates, Brightspire accelerates the development of applications such as eProcurement and collaborative selling, rapidly increasing the productivity of supply chains and expediting sales cycles. By using Brightspire, organizations can be easily extended to encompass business participants, inside and outside of the organization, in a highly adaptive and interactive business environment for greater operational efficiency.

Brightspire is available to select beta customers in the manufacturing, financial services and government industries. For more information about joining the beta program, contact FileNET at 800/FileNET.

About FileNET

FileNET provides The Substance Behind eBusiness(TM) by providing Business Process Management solutions that improve operational efficiency and leverage information resources. With FileNET's enterprise content management and collaborative commerce solutions, organizations can realize increased productivity, customer satisfaction and profitability by empowering customers, business partners, suppliers and employees to engage in business processes and exchange relevant content.

With headquarters in Costa Mesa, the company markets its innovative solutions in more than 90 countries through its own global sales, professional services and support organizations, as well as via its ValueNET® Partner network of resellers, system integrators and application developers. To put more substance into your eBusiness, visit FileNET's Web site at www.FileNET.com or call 800/FileNET.

This release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the successful and timely development and launch of Brightspire. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are FileNET's ability to develop, complete, introduce, market, distribute and gain market acceptance for Brightspire; announcements of technological innovations, new products or product enhancements by FileNET or its competitors; general market conditions; the emerging nature of the BPM market and other factors detailed in FileNET's filings with the Securities and Exchange Commission, including its recent filings on Forms 10-K and 10-Q.

Note to Editors: FileNET and ValueNET are registered trademarks of FileNET. Brightspire and ``The Substance Behind eBusiness'' are trademarks of FileNET Corp. All other company or product names referenced in this release may be trademarks or registered trademarks of their respective owners.
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