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JOINS ACORD IN SUPPORT OF XML
Commits to Supporting ACORD Standards
ACORD TECHNOLOGY CONFERENCE '99, ORLANDO, FL (May 23, 1999) - webMethods, Inc., the leading provider of XML-based solutions for business-to-business e-commerce and integration, today announced that the company has joined ACORD, a non-profit industry association dedicated to developing open standards for interoperable insurance systems. webMethods will be building upon partnerships with existing customers and working with other ACORD members to accelerate the adoption of XML in the Insurance Industry.
"ACORD has long championed interoperable standards in the insurance industry. We believe that XML will enable our member companies to leverage the Internet for more efficient and effective integration with business partners and customers," says Gregory A. Maciag, ACORD president and CEO. "We welcome webMethods expertise in XML and business-to-business technologies in our efforts to aggressively embrace XML in the ACORD standards."
As an ACORD member, webMethods will provide its expertise on XML to help define standards for the Insurance and Financial Services Industries. The development of XML-based standards will enable insurance companies and agents to implement effective and efficient integration solutions over the Internet, providing real-time access to business-critical information. webMethods commits to supporting ACORD standards throughout its webMethods B2B product suite and to promoting ACORD standards to its partners and customers.
"We're delighted to join ACORD and to participate in ACORD's initiative to leverage XML standards for the insurance marketplace," said Charles Allen, Vice President of Product Marketing for webMethods, "webMethods technologies, partnerships, and customers demonstrate that we now live in a world of seamlessly interoperable systems that cross corporate boundaries. ACORD's commitment to XML-based standards will vastly simplify requirements for interoperable systems in the insurance and financial services industries."
webMethods B2B™ is a suite of cross-platform, XML-based products that work in concert to deliver business-to-business solutions which enable real-time integration of a company's enterprise applications with those of its customers, partners, and suppliers. webMethods B2B is unique in its ability to integrate ERP and legacy applications across corporate firewalls, with secure, guaranteed XML-based messaging. As the adoption of XML-based standards continues to accelerate, webMethods B2B ensures the development of open trading communities across multiple industries as it supports all existing business-to-business initiatives and XML standards including ACORD, OBI, Microsoft BizTalk, Commerce XML (cXML) and RosettaNet.
Founded in 1996, venture-backed webMethods, Inc. is based in Fairfax, Va., with offices in San Francisco; New York; Boston; Dallas; Columbus, Ohio; and Chicago.
For more information, contact webMethods Inc., 3975 University Drive, Suite 390, Fairfax, VA 22030. Phone: 703/352-8501; Fax: 703/352-0370; Email: info@webMethods.com; Web: http://www.webMethods.com