POET Software, announced support for Commerce XML — or cXML, an open-standard subset of XML for electronic commerce designed to reduce online business costs by facilitating the exchange of content and transaction information between buyers and sellers. www.poet.com
Month: February 1999 (Page 6 of 7)
OneSoft Corporation, announced the availability of version 2.0 of their Internet commerce system, OneCommerce. The new version is designed to provide businesses with the flexibility to implement multiple, new, and changing business models for Internet commerce, and grow with their success. OneCommerce provides businesses the flexibility to change and adapt their Internet commerce channel to any online business model. OneCommerce componentization is on a fundamental level separating data, function, presentation, and control. The plug-and-play nature of these components allows businesses to combine data, function and presentation in unique ways, differentiating them and allowing them to more effectively leverage their Internet sales channel. www.onesoft.com
Ironside Technologies Inc., a supplier of sell-side business-to-business electronic commerce solutions for the mid-tier manufacturing and distribution market, announced that it will support Commerce XML (cXML), an open standard for e-commerce that reduces on-line business costs by providing a lightweight protocol for exchange of supplier content and transaction information via and XML-based open architecture. www.ironside.com
FileNET Corp. announced the appointment of Andy Stameson as vice president and chief information officer to expand the breadth and depth of its information technology (IT) department. This executive appointment builds upon FileNET’s internal management team as Stameson will work to increase productivity, enhance operations and strengthen global IT programs throughout the company. As vice president and chief information officer, Stameson will oversee all of FileNET’s internal business systems and network communications operations on a global basis. Stameson brings a strong information technology (IT) background to FileNET with previous executive positions at Sprint PCS and Airtouch Cellular. At FileNET he will provide strategic direction and administration to FileNET’s IT staff while managing the company’s internal business systems and network support infrastructure. www.filenet.com
Extricity Software, announced support for Commerce XML (cXML), an open standard for business-to-business e-commerce that facilitates the exchange of catalog and transaction information between buyers and suppliers. Developed by a group of over 50 leading companies including Extricity, cXML is a suite of lightweight, end-to-end protocols that allow trading partners to exchange catalog content and transaction management information securely across the Internet. Extricity has announced integration with its industry-leading Alliance application and cXML. Extricity and Ariba will begin pilot implementations using cXML over the Internet in Q2 1999. cXML was developed with input from more than 50 organizations, including e-commerce companies such as Ariba, Extricity Software, InterWorld Corporation, Ironside Technologies, Poet Software, Saqqara Systems and Sterling Commerce. Contributing companies included 1Nine Systems, Anderson Unicom Group, barnesandnoble.com, BT Office Products International, CAP (a division of the McGraw-Hill Construction Information Group), Chemdex Corporation, Collabria, Compucom, ComputerLiteracy.com, Cort Furniture Rental, Harbinger Corporation, Life Technologies, NCR Systemedia Group, Office Depot, RoweCom, Staples and US Technologies.www.extricity.com
Unisys, IBM, Oracle, Platinum, Fujitsu, Softeam, Rational, Sprint, Sybase, Xerox, MCI Systemhouse, Boeing, Ardent, ICONIX, Integrated Systems, Verilog, NCR, NTT and Daimler-Benz are some of the vendors who are collaborating on the Object Management Group’s new XMI (XML Metadata Interchange) specification. XMI is a new open industry standard that combines the benefits of the web-based XML standard for defining, validating, and sharing document formats on the web with the benefits of the object-oriented Unified Modeling Language (UML). It provides application developers with a common language for specifying, visualizing, constructing, and documenting distributed objects and business models. The XMI specification quickly moved through the OMG’s Technology Adoption process and is currently undergoing the formal technology adoption vote by the OMG membership. Market demand for XMI is encouraging vendors such as IBM, Unisys and Oracle to expedite implementations of the technology and products as early as mid-1999. www.omg.com
PC DOCS Group International Inc. has reported its second quarter results. Revenue for the second quarter ended December 31, 1998 was $45.5 million, a 52% increase over the $29.9 million for the same quarter last year and 21% over the $37.5 million for the first quarter this year. Software license revenue rose by 41% to $23.9 million from $17.0 million last year and was 31% over the $18.4 million in the prior quarter. Compared to last year, revenue for the enterprise document management business was up by 66% and by 40% over last quarter. Earnings before interest, taxes, depreciation and amortization in the second quarter were $7.6 million compared with $4.3 million in the previous year. Net earnings were $2.8 million compared to $0.98 million for the same period last year. Fully diluted earnings per share were $0.12 compared to $0.05 in the previous year and $0.01 in the previous quarter. For the six months to date, revenue was $83.0 million, 49% over the $55.7 million for the same period last year. Net earnings, excluding the reversal of restructuring charge accruals, were $1.8 million for the six months to date compared to $1.6 million last year and fully diluted earnings per share were $0.07. www.pcdocs.com
Open Market, Inc., has announced results for its fourth quarter ended December 31, 1998. Net revenues were $16.1 million, compared to net revenues of $18.6 million for the fourth quarter of 1997. Net loss for Q4 1998, which includes the charge of $2.0 million for restructuring costs, was $6.4 million or $0.18 per share. This compared to a net loss of $3.0 million or $0.09 per share for the same period of 1997. Net loss excluding the charge for restructuring was $4.3 million or $0.12 per share. For the year ended December 31, 1998, revenues were $62.1 million compared to $61.3 million of revenues for the year ended December 31, 1997. Net loss for the year ended December 31, 1998 was $34.9 million or $1.04 per share, compared to a net loss of $58.0 million or $1.87 per share in 1997. Excluding the charges for in-process research and development in connection with acquisitions and the charge for restructuring costs, the net loss for the year ended December 31, 1998 was $22.1 million or $0.66 per share, compared to a net loss of $23.8 million or $0.77 per share in 1997. www.openmarket.com
