Infodata Systems Inc. announced it has entered into a letter of intent with Redknife, an emerging Silicon Valley e-commerce services company, to develop and implement a comprehensive systems infrastructure for processing and exchanging business transactions over the web. The system will be powered by Infodata’s “E-hub” XML-based application framework technology. Infodata’s e-commerce initiatives, such as Redknife, complement its earlier investment in Buckaroo.com, a privately held B2B e-commerce company that is based in Mt. View, California and is creating efficient markets for products and services. Infodata is a minority seed stage investor in Buckaroo.com along with a number of individuals that are leaders in the Internet industry. www.infodata.com
Sterling Commerce, Inc. announced the availability of Edifecs’ SpecBuilder as a value-added optional component for its GENTRAN business process integration offering. Using GENTRAN and SpecBuilder, corporations can set up E-business relationships that support the integration of business information in XML, EDI, and other proprietary business formats. Companies can now define a partner relationship and export the guidelines via the Web to their entire E-business communities for rapid deployment. www.sterlingcommerce.com, www.edifecs.com.