Seacrest Development Corporation announced that an agreement has been reached to acquire Imagen Technologies, Inc. for $450,000. Currently, Imagen specializes in e-mail invoicing interfaces, with a core AXML technology utilizing XML to offer advanced invoicing capabilities in its new Invoy product. Seacrest’s acquisition is subject to regulatory approval by the Vancouver Stock Exchange, an independent evaluation of Imagen, a $300, 000 cash payment and $150,000 in stock. www.imagen.com
Year: 1999 (Page 63 of 97)
PHT Corp. announced the development of Version 4.0 of its PlexxNet Clinical Network, a web-based, paperless system for direct data capture, data and trial management that supports the full life cycle of clinical trials. This newest version of PlexxNet, with delivery expected in the fourth quarter, is the first system in the clinical trials industry to use XML to enable increased data interchange, archiving, storage, and management. To help define the prototype model for use of XML in clinical trials data capture, PHT has formed a strategic partnership with Lincoln Technologies, Inc., a Boston-area consulting firm led by Chan Russell and David Fram, who developed the first version of Clintrial. PHT and Lincoln Technologies are jointly developing a new DTD for the clinical trials market. In turn, PHT and Lincoln will make the DTD available to the clinical research industry to begin the development of an open and broad XML-based standard for clinical research. www.phtcorp.com
SAP AG announced its endorsement of eConcert, the multipartner implementation of RosettaNet’s electronic commerce standards. As one of the enterprise business software solution members of the managing board of the RosettaNet global electronic commerce standards consortium, SAP says it is committed to implementing RosettaNet XML-based Partner Interface Processes (PIP) to help further extend the current Internet commerce capabilities of its 20,000 customers worldwide by RosettaNet’s Feb.2, 2000, industry readiness target date. www.sap.com.
J.P. Morgan & Co. Incorporated and PricewaterhouseCoopers LLP announced that IBM Corp. would participate on the technical committee for the recently announced Internet-based protocol FpML (XML-based financial products markup language), a specification for electronic dealing and information sharing of financial derivatives. The two firms also announced that IBM would help create FpML seminars for technical and financial services professionals worldwide. The FpML standard, announced last week by J.P. Morgan and PricewaterhouseCoopers, enables Internet-based electronic dealing and information sharing of financial derivatives, initially focusing on interest rate and foreign exchange products. The FpML standard, which will be licensed freely to the technical and financial markets, is based on XML and will allow the Internet-based integration of a range of services, from electronic trading and confirmations to portfolio specification for risk analysis. For more information on the FpML seminars or the FpML standard, see www.fpml.org.
Microsoft Corp. and Bridge Information Systems Inc. demonstrated the results of joint work on an XML-based schema that allows the exchange of various real-time market data types, including stock pricing, pages, and company news and history. The XML schema for real-time market data will be proposed to the Microsoft Windows Distributed interNet Applications for Financial Services (Windows DNAfs) Advisory Council for adoption in the existing message set. Currently, the Microsoft Windows DNAfs architecture has a number of message schemas for composing orders, executions, allocations and settlement details that help bring application integration and interoperability to financial institutions. The adoption and support of standard interfaces provided by Windows DNAfs, combined with the use of XML as the data format, allow operations in portfolio management, order routing, risk management, portfolio accounting and now market data to be easily linked, ensuring integration across application domains in a cross-platform environment. www.bridge.com, www.microsoft.com
POET Software announced that it applied the new recently proposed Java Data Objects (JDO) specification, a work in process specification in the Java Community Process, for a common API to develop an embeddable, small footprint, 100% pure Java database. Ericsson leveraged the new database technology to develop a ‘smart’ Internet phone prototype called ‘Penny2’. POET has contributed to the JDO specification process through its participation with the Object Data Management Group (ODMG) and as an expert in Java Community Process. The Java Community Process represents the formalization of the open to develop and revise Java technology specifications in cooperation with the international Java community. The specification also provides for interface-based definition of data stores, transactions, selection, queries, and transformation of persistent storage data into native Java objects. For more information on the specification go to: java.sun.com/aboutJava/communityprocess/jsr/jsr_012_dataobj.html. www.POET.com.
Oberon Software Inc. unveiled its partnership with webMethods, Inc. Under the terms of the agreement, the companies will build on Oberon’s Prospero solution and webMethods B2B suite to accelerate cross-enterprise integration of line of business applications across the supply chain. The result of this alliance will be a Prospero building block for the webMethods B2B suite. Oberon will develop and support a building block enabling seamless integration between webMethods B2B and the Prospero environment. As part of Oberon’s mission to seamlessly link disparate systems, this new building block will leverage webMethods’ cross-platform, XML-based products to deliver an integrated framework for conducting e-business by connecting applications in real time through firewalls over the Internet. webMethods customers will have immediate access to packaged and legacy applications supported by the extensive library of Prospero building blocks. For all the enterprise applications that Oberon supports, Oberon customers are immediately able to securely and reliably deploy cross-enterprise e-business applications.
Innovision Corporation announced it will introduce a new XML Protocol (XP) framework, Nepal XP, to achieve universal data interchange. The Nepal XP components include: Nepal XP Language: A language modeling platform that enables full life-cycle development of XML Protocols; Nepal XP Server: A server component that supports protocol-specific frameworks and application development; Nepal XP Client: Thin-client components for browsers, embedded devices and emerging technologies; and Nepal XP Tools. www.innovision.com
