This item sent to me by Doribee; might have potential:
Monday October 30, 6:05 am Eastern Time
Software AG, Sequoia Software In XML-Powered Partnership
SAN RAMON, Calif. & COLUMBIA, Md.--(BUSINESS WIRE)-- Oct. 30, 2000-
U.S. E-Business Innovator, Database Software
Giant Strike Reseller Agreement, Integrate
Tamino(TM)XML Database Into Pure-XML XPS(TM)Portal Server
Sequoia Software Corporation (Nasdaq:SQSW - news), the leading provider and
innovator of XML Pure e-business software, and Software AG, one of the world's largest
systems software providers and a pioneer in XML technology, today announced a
strategic partnership. The companies will integrate Software AG's Tamino native-XML
database with Sequoia's XPS(TM) portal server, allowing businesses to move content
between a portal, a database and the Web seamlessly and without the need for data
conversion.
To support the strategic partnership, Software AG will add XPS to the range of products
it markets worldwide through its 1,500-member sales force and its extensive world-wide
network of value-added resellers; Sequoia will offer Tamino licenses through its own
sales force and through systems integrators, resellers and consultancies in North
America and elsewhere.
``Our partnership with Sequoia Software is a natural alliance between two companies
committed to realizing the promise of XML for global business,'' said Alf Goebel,
president, Software AG, Inc. ``Together we can offer our customers a comprehensive,
pure-XML solution to address the critical performance and scalability requirements of the
evolving e-business marketplace.''
Sequoia's XPS is an XML-pure portal server - the only such product designed to be
flexible and reliable enough to manage critical processes for companies struggling with
the adapt-to-thrive demands of the new economy. XPS lets businesses of all sizes
streamline and automate even complicated business operations, providing a single
window through which anyone in the enterprise can interact with partners, vendors,
customers and fellow employees in real time, achieving results in seconds instead of
days.
Software AG's Tamino is a native-XML database created to store, retrieve and directly
manage nearly any information or Internet object - XML documents, audio, video, still
pictures, HTML pages and much more. The structure and content of individual documents
remain intact in the database, improving performance considerably, particularly when
when dealing with complex, hierarchically structured documents. Tamino has been
optimized to run on a range of platforms and is ideally suited for companies requiring an
XML-compatible repository for storing and managing mission-critical content.
``Both products are designed to be highly scalable and to support legacy systems and
applications - qualities inherent in the pure-XML architecture of Tamino and XPS, and
essential for creating portals that can grow and change with a shifting business
landscape,'' said Mark Wesker, president and COO of Sequoia Software. ``Together,
Tamino and XPS make an excellent solution for any company that needs to integrate and
Web-enable various applications and information sources to create a smoothly
functioning e-business system.''
``Software AG's choice of the XPS portal represents a substantial validation of Sequoia's
XML Pure philosophy,'' Wesker said. ``Together, Sequoia and Software AG can offer
customers in North America and throughout Europe the competitive advantage that
comes with a strong, future-proof technology platform that can support everything from
enterprise portals to online exchanges.''
About Software AG Inc.
Based in San Ramon, Calif., Software AG, Inc. is a wholly-owned subsidiary of Software
AG, Europe's largest system software provider and a major global player offering cutting
edge technology for data management and electronic business. Since 1998 the
company has focused its development activities on XML products for the Internet. With
more than 2,600 employees and representatives in 60 countries, Software AG achieved
sales revenue of Euro 366 million in 1999. Its distribution and technology partners include
market leaders such as IBM, Microsoft and SCO as well as innovative IT solutions
providers like Extensibility, Softquad and Instranet. Software AG's products control the
central IT processes of thousands of renowned companies worldwide. Software AG is
listed on the Frankfurt Stock Exchange. For more information, visit the company's Web
site at softwareagusa.com or call (925) 242-3700.
About Sequoia Software
Sequoia Software Corporation (Nasdaq: SQSW - news) is a leading provider and
innovator of XML-powered e-business software. Sequoia's flagship product, XPS, drives
the evolution of business to toward true e-business, helping companies link systems and
people, automate critical processes, and strengthen relationships throughout the value
chain. Sequoia's customers and partners include Baylor Health Care System, Cap
Gemini Ernst & Young, General Electric Power Systems Division, Johns Hopkins School
of Public Health, Kaiser Permanente, Lehman Brothers, Lockheed Martin, and SAIC. For
e-business solutions that let you do more in less time visit www.sequoiasoftware.com or
call Sequoia toll free 888/820-7917.
XPS is a trademark of Sequoia Software. All other trademarks are the property of their
respective owners.
Note:
Other than historical information contained herein, certain statements in this release are
``forward-looking statements'' within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements in this release involve a number of risks
and uncertainties including, but not limited to, changes in market conditions, government
regulation, technology, our ability to expand, our early stage of development, attraction
and retention of key personnel, management of rapid growth, entry into new markets,
intense competition, customer concentration and attrition and our dependence on XPS.
These risk factors are discussed in further detail in the Company's SEC filings including
the prospectus filed in connection with our initial public offering and the Quarterly Report
on Form 10-Q for the quarter ended June 30, 2000.
--------------------------------------------------------------------------------
Contact:
Software AG, Inc.
Andrea Strauss, 925/242-3800
andrea.strauss@softwareag.com
or
Sequoia Software Corp.
Kerry Fennelly, 410/715-0206
kfennelly@sequoiasoftware.com
or
INVESTOR INQUIRIES
Lippert Heilshorn & Associates
Jody Burfening/Sanjay Hurry, 212/838-3777
jbs@lhai.com |
