ConnectInc.com Launches E-Business Solution for Supply Chain Communities
Thursday April 8, 9:00 am Eastern Time
Company Press Release biz.yahoo.com
SOURCE: ConnectInc.com
ConnectInc.com Launches
E-Business Solution for
Supply Chain Communities
MarketStream(TM) Solution Incorporates IBM WebSphere Java
Application Server
MOUNTAIN VIEW, Calif., April 8 /PRNewswire/ -- ConnectInc.com (Nasdaq:
CNKT - news) today announced the general availability and market launch of the company's flagship MarketStream 2.0(TM) solution, which brings together the technology platform and application software for buyers and sellers in supply chain communities to interact and carry out e-business on the Internet via the digital exchange economy. MarketStream 2.0 delivers rich functionality to the new breed of Internet value chain communities, such as infomediaries, micro-markets, and vertical portals to develop state-of-the-art e-commerce Websites that enabling multiple buyers and sellers to come together under one roof to carry out e-business transactions.
According to industry analysts, this will be a red-hot investment category and the single biggest segment of e-commerce for the future. Charles Finnie, an analyst with Volpe, Brown, Whelan & Company says, ''Infomediaries and micro markets will exist for every conceivable business community if they don't already -- from blueberries to backhoes. They want serious buyers to visit. The linchpin of this trade will be online exchanges, and within a few years at least half of all online trade will flow through such exchanges (mini-Nasdaqs).''
''We are confident that MarketStream 2.0 will make a powerful contribution to enable the success of this new way of doing e-commerce,'' said Craig Norris, President and CEO of ConnectInc.com. ''The application provides the necessary ingredients for commerce transactions between buyers and sellers -- electronic catalogs, in the context of an efficient, easily administered 'marketplace', that reduces trading costs and provides business processes and rules for companies to make profitable 'value exchange' decisions. The technology architecture incorporates open standards using Enterprise Java Bean* components and provides the flexibility to grow and adapt with the changing nature of our customer's business requirements. What makes this offering an even greater value is our proven ability, attested by satisfied customers, to implement MarketStream with our 'Connected Internet Methodology.' We bring companies live in as few as six to eight weeks for a fixed price, with careful attention paid to administration and maintenance which results in low life-cycle costs,'' added Norris.
Pierre Samec, Executive Vice President of Chemdex, stated, ''ConnectInc.com has consulted with us extensively in designing and developing this new software release. It incorporates leading edge thinking in Internet e-commerce application and technology design. But even better than the software, what we really like about working with the ConnectInc.com team is that they listen and partner with their customers better than any solution team we have been associated with.''
MarketStream uses IBM's (NYSE: IBM - news) high-performance WebSphere*
Application Server, Advanced Edition, and WebSphere Performance Pack* and integrates the IBM MQSeries transaction middleware. IBM WebSphere thus becomes an important part of ConnectInc.com's ability to provide a high volume, scalable solution for companies extending their existing business into the Internet or starting a new e-business. IBM WebSphere runs on Microsoft NT** or UNIX hardware platforms.
''IBM is committed to helping customers Web-enable their businesses quickly and cost effectively,'' said Becky Smith, vice president, Software Solution Developers and Small/Growing Businesses, IBM Software Group. ''We believe our relationship with ConnectInc.com is one important way for customers to get this help and the associated benefits. By integrating IBM's WebSphere product with ConnectInc.com's MarketStream technology, and coupling it with their powerful implementation approach and expertise, customers are offered a powerful solution for supply chain communities.''
More About MarketStream 2.0
MarketStream 2.0 is a powerful, flexible electronic commerce application that provides a broad technology foundation for enabling Internet supply chain communities. The solution includes support for both the buy-side and sell-side of e-commerce transactions where multiple buyers and multiple sellers come together under one roof. MarketStream includes support for the latest in Internet security and easy application configuration and administration. It also includes integrated cross-supplier catalog search, product-specific attributes, customized pricing, buyer profiling and personalization, fulfillment tracking information, back-end system integration and robust reporting capabilities. Unlike most buy or sell-side applications that focus only on a portion of the business, MarketStream's comprehensive scope of functionality greatly reduces the technical effort required to build a customized application to support vertical markets.
MarketStream runs in a variety of configurations, including Web servers, application servers, and relational, object-oriented, and search databases, which enables the customer to control the environment in which they choose to operate. The application provides a plug and play ability to add additional features and functionality, whether built by ConnectInc.com, customers or other software vendors, so that the only limitation for growth and scalability is governed by how much hardware customers choose to incorporate. MarketStream is fully configured for double byte and other international language and currency requirements.
More About IBM WebSphere Product Line
The IBM WebSphere Application Servers, along with Lotus Domino, represent the industry's most complete range of Web application server environments that support business applications from simple Web publishing through enterprise-scale transaction processing. IBM's WebSphere Application Server, Advanced Edition, expands on the capabilities of IBM's WebSphere Application Server, Standard Edition, by providing customers with support for the industry-standard Enterprise JavaBean programming model. IBM WebSphere Studio is a comprehensive tools environment for building Web applications that leverage existing enterprise systems and extend them to the Web, while running on multiple IBM and non-IBM platforms. WebSphere Performance Pack is a unique combination of caching, proxy and filtering functions; file content management and replication; and load balancing in a single Internet hosting infrastructure.
About IBM MQSeries
IBM MQSeries, the most widely used message-queuing software on the market, enable users to exchange information between applications across more than 35 different platforms, from mainframes to PCs. This award-winning software enables business integration throughout the enterprise, allowing companies to maximize e-business opportunities by leveraging existing resources to improve speed-to-market and anticipate IT changes as their business changes.
About Chemdex Corporation
Chemdex Corporation (www.chemdex.com) is the leading provider of e-commerce solutions to the life science industry. The Chemdex mission is to utilize leading edge Internet and e-commerce technology to dramatically improve the process of bringing life science products to the marketplace.
About ConnectInc.com
ConnectInc.com provides solutions to enable Internet-based electronic commerce and uses its MarketStream application software, its Connected Internet Methodology and supply chain integration experience to implement supply chain communities. ConnectInc.com's unique combination of software, technology architecture and Web-time driven implementation capabilities enable companies to build open e-business solutions that allow them to compete effectively in the digital economy. ConnectInc.com is a member of the IBM Solution Developer Program. For more information, telephone 800-262-2638 or access the ConnectInc.com World Wide Web site at connectinc.com.
NOTE: The statements made in this press release that are not historical facts contain forward-looking information that involves risks and uncertainties that may cause results to differ. Such risks include, but are not necessarily limited to, those detailed in the Company's Securities and Exchange Commission filings.
* Indicates trademark or registered trademark of International Business Machines Corporation
** Indicates trademark or registered trademark of Microsoft Corporation.
All other trademarks are the properties of their respective companies
SOURCE: ConnectInc.com |
