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Technology Stocks : J.D. Edwards debut! (JDEC) -- Ignore unavailable to you. Want to Upgrade?


To: bob zagorin who wrote (554)6/21/2000 10:49:00 AM
From: bob zagorin  Read Replies (1) | Respond to of 583
 
J.D. Edwards JDe.sourcing Expands Worldwide

JDe.sourcing Application Hosting Increases Its Influence in Asia, Europe, Africa, Latin America and North America

FOCUS 2000, DENVER, June 21 /PRNewswire/ -- J.D. Edwards & Company (Nasdaq: JDEC), a leading provider of agile, collaborative solutions for the Internet economy, today announced that the Company's JDe.sourcing application hosting program has expanded its scope through partnerships with leading ASP providers in Asia, Europe, Africa, Latin America and North America.

"These partnerships add tremendous value to our customers," said Gayle Sheppard, J.D. Edwards' vice president of JDe.sourcing. "Each one of our partners brings something unique to the table and adds to the overall value of JDe.sourcing."

J.D. Edwards' JDe.sourcing is a second-generation application hosting initiative that delivers e-business solutions directly to customers across the Internet. In recent months, JDe.sourcing has expanded to include 18 ASP partners and nearly 3,000 users worldwide. J.D. Edwards can now offer industry-specific solutions for industries such as high-tech, plastics, construction and engineering and the restaurant and food industries in major markets around the world.

Europe and Africa

-- Arthur Andersen has recently joined JDe.sourcing in the United Kingdom as both an application hosting partner and a business process outsourcing partner. Arthur Andersen recently won the business of adabra.com, the UK's leading community-shopping website offering selected communities the chance to run an aggregated buying business under their own brand. Arthur Andersen will host the OneWorld solution for adabra.com under an application service provider (ASP) arrangement as well as running its back office processes on an outsourced basis. Paul Barnes, managing director, adabra Ltd, commented, "With J.D. Edwards' software, we have a fully integrated e-fulfillment solution, across all European countries in which we operate, reaching all the suppliers and partners across our supply chain."

-- Start Amadeus, a new ASP partner serving Germany, Austria and Switzerland has just signed its first customer, STEEL, an Austria-based virtual digital steel marketplace. "With J.D. Edwards' supply chain technology, our companies are more efficient in delivering finished steel product and service throughout the supply chain, ultimately increasing their own profitability, and improving the level of customer service to our automotive partners," said Dr. Ralph Gallob, managing director, Industrie-Logistik-Linz, STEEL.

-- IBM Global Services provides application hosting using repeatable solutions tailored to specific vertical markets to customers in the United Kingdom. IBM has recently expanded its relationship with JDe.sourcing to include the U.S., the U.K. and Canada.

-- Enterprise Outsourcing (EOH) offers application hosting for the small and medium enterprise (SME) market in South Africa. EOH creates end-to-end trading exchanges for all e-services in chosen vertical/regional markets by leveraging the e-fulfillment capabilities of J.D. Edwards.

-- Steria provides solutions for the consumer packaged goods, industrial sectors and services in France.

Asia Pacific

JDe.sourcing recently signed several partners covering key territories throughout Asia.

-- EDS Taiwan will provide application hosting services to small and medium enterprises in Taiwan.

-- etako.com provides application hosting to small and medium enterprises in Singapore, Malaysia, Hong Kong and Taiwan.

-- S&I.COM provides application hosting services to customers in Singapore.

-- Super-office Ltd, a Subsidiary of SUNeVision Holdings Ltd, the most recently signed JDe.sourcing partner, focuses on manufacturing and import/export companies in Hong Kong.

Latin America

-- Grupo ASSA's ASP offering serves vertical markets such as financial services, communications, consumer products, industrial fabrication, energy, oil and gas, health, government and construction in Argentina, Paraguay, Uruguay and Bolivia. Grupo ASSA also has a focused strategy addressing the SME market in those countries.

-- BFPG Ingenieros C.A. provides application hosting services to small and medium enterprises in Venezuela.

-- Mekano S.A. provides solutions for the automotive industry, distributors, and dealers and the SME market in Chile and Peru.

United States and Canada

-- MIRUS is the newest ASP partner in the United States. MIRUS will provide templated J.D. Edwards solutions for the restaurant industry.

-- J.D. Edwards' Genesis channel, selling to customers earning less than $100 million, will now sell JDe.sourcing application hosting services to customers across the U.S. This market is predicted to grow from $156 million in 1999 to $1.2 billion in 2003, according to preliminary data from IDC.

-- Existing ASP partners in the U.S. include AristaSoft Corporation for the high-tech equipment industry; Agilera for professional services; Aretech Information Services, Inc. for utilities, infrastructure construction, and engineering customers throughout the U.S. and automotive suppliers in the Great Lakes region; World Technology Services for the construction and engineering industries and J.D. Edwards' WorldSoftware(TM) customers, and Prentice Technologies in additional industries. In addition to its role in the UK, Arthur Andersen provides business process outsourcing services in the US.

About JDe.sourcing

J.D. Edwards' JDe.sourcing is a second-generation application hosting initiative that delivers collaborative commerce solutions directly to customers across the internet. JDe.sourcing allows companies to easily access and adopt new technologies, gaining speed to market and competitive advantage. For more information on the JDe.sourcing program, please see www.jdesourcing.com.

About J.D. Edwards

J.D. Edwards is a leading provider of agile, collaborative solutions for the Internet economy. The Company's integrated ActivEra(TM) Solutions deliver supply chain collaboration and fulfillment, and enable business-to-business trading communities in the consumer products, industrial and services industries. The Company's solutions are web-enabled and operate in multiple computing environments.

Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1999 revenues of $944.2 million. Additional information can be obtained by contacting the Company via the Internet at www.jdedwards.com or at 800-727-5333.

NOTE: Edwards is a registered trademark of J.D. Edwards & Company. The names of all other products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners. The historical results stated above are not necessarily indicative of the results of any future period.

SOURCE J.D. Edwards & Company

CO: J.D. Edwards & Company

ST: Colorado

IN: CPR MLM

SU: PDT

06/21/2000 08:01 EDT prnewswire.com