Tuesday March 21, 11:36 am Eastern TimeCompany Press Release
eXcelon Corporation Announces Partnership With XMLSolutions Corporation
eXcelon B2B Integration Server Provides Superior Extension and Expansion of Existing Electronic Data Interchange (EDI)
BURLINGTON, Mass.--(BUSINESS WIRE)--March 21, 2000--
eXcelon(TM) Corp. (Nasdaq: EXLN - news), a global provider of innovative
eBusiness products and services, today announced a partnership with
XMLSolutions(SM). Under the terms of the agreement, eXcelon Corp. will
incorporate XMLSolutions' XEDI Translator(TM) with its B2B Integration
Server, allowing companies to extend and expand their existing
electronic data interchange (EDI). eXcelon Corp.'s B2B Integration
Server gives companies the freedom to build and leverage current EDI
solutions, while at the same time extending and augmenting the
solutions in ways that allow companies to have richer interactions
with new and existing customers.
XMLSolutions' Java-based XEDI Translator uses completely open
standards to seamlessly integrate with EDI trading systems. Through
this integration, it is possible to extend existing EDI systems to
non-EDI trading partners, thus allowing a much larger number of
companies to take part in Internet-based trading communities. The
strategic partnership enables eXcelon Corp. to resell the XEDI
Translator with its B2B Integration Server, thereby extending its
power and allowing companies with significant investments in EDI
systems to further tap into the power of XML. In turn, smaller
suppliers who are unable or unwilling to use traditional EDI can
participate in B2B transactions over the Internet.
``eXcelon Corp. recently unveiled a new suite of products targeted
at the rapidly growing business-to-business (B2B) market that will
help to break the rigid bonds of EDI to extend and enchance
partnerships,'' said Larry Alston, vice president of marketing for
eXcelon Corp. ``This partnership further strengthens our B2B product
line by giving us an out of the box solution that enables companies to
continue using their current EDI systems while also leveraging B2B to
its fullest.''
``eXcelon's B2B Integration Server is a perfect fit for our XEDI
Translator product because it allows us to further leverage the power
of XML with our current and future business partners,'' said JP
Morgenthal, Chief Technology Officer at XMLSolutions. ``We hope that
our customers will be able to quickly enhance their business by taking
advantage of the speed, flexibility and scaleability of our joint
solution.''
eXcelon Corporation's B2B product family consists of three
components. The eXcelon Portal Server allows companies to build and
deploy vertical eMarkets and trading hubs, for reaching new markets,
expanding and automating their channel and facilitating collaborations
between businesses. This powerful product aggregates, personalizes and
delivers business content, while at the same time linking buyers and
suppliers with one another. eXcelon B2B Integration Server(TM)
delivers dynamic B2B solutions for enterprises that want to broaden
their partner base and integrate these partners with new and existing
business processes. eXcelon eSolutions(TM) is a suite of frameworks
and components for vertical industry solutions. Built upon the eXcelon
B2B Integration Server, these solutions target the insurance, retail,
manufacturing and telecommunications industries.
About XMLSolutions
XMLSolutions Corporation (www.xmls.com) is a provider of
XML-based business-to-business e-commerce products that enables
companies to leverage their investment in legacy systems and extend
their electronic trading communities to small and midsize trading
partners. XMLSolutions backs its XML e-commerce software with a
superior professional services team, staffed with world experts in
XML, EDI, metadata and legacy system integration.
XMLSolutions is headquartered in Northern Virginia, with offices
in Atlanta, GA; Charlotte, NC; Chicago, IL; New York, NY; San
Francisco, CA; Bangalore, India, and The Netherlands. For more
information contact XMLSolutions at 703-506-1111 or visit them on the
Web at www.xmls.com.
About eXcelon Corporation
eXcelon Corporation (www.exceloncorp.com) is a leading provider
of products and services that enable companies to engage in dynamic
business-to-business (B2B) commerce across the Internet. eXcelon
Corporation's dynamic B2B solutions are 100 percent standards-based,
thus eliminating technical barriers-to-entry for doing business across
the Internet. Companies use eXcelon's dynamic B2B solutions to
establish high-value electronic partnerships that are built for
change. Based in Burlington, Mass., eXcelon Corporation was founded in
1988 and completed its initial public offering as ODIS in July 1996.
The company's stock is traded on the Nasdaq National Market under the
symbol EXLN. eXcelon Corporation sells and supports its products
through branch offices across the U.S. and international subsidiaries
in the United Kingdom, Germany, The Netherlands, Japan and Australia,
as well as a worldwide network of distributors, value-added resellers,
systems integrators and other indirect sales partners.
``Safe Harbor'' Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding eXcelon
Corporation's business, including future market opportunities and
prospects, which are not historical facts are ``forward-looking
statements'' that involve risks and uncertainties. For a discussion of
such risks and uncertainties, which could cause actual results to
differ from those contained in the forward-looking statements, see
``Risk Factors'' in the Company's Annual Report or Form 10-K for the
most recently ended fiscal year.
NOTE: ObjectStore is a registered trademark of eXcelon
Corporation; eXcelon, eXcelon Portal Server, eXcelon B2B Integration
Server, eXcelon eSolutions, Stylus, Cache-Forward and Javlin are
trademarks of eXcelon Corporation. All other trademarks are the
property of their respective owners.
Contact:
eXcelon Corp.
Deborah Vlock, 781-674-5000
dvlock@odi.com
or
Schwartz Communications
Bill Keeler, 781-684-0770
billk@schwartz-pr.com
or
XMLSolutions Corporation
Daryn Walters, 703-506-1111
daryn.walters@xmls.com