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Partner Press Release Leading Supply Chain Industry Standards Built Into Open, Intelligent Commerce-Enabling Infrastructure For Release October 10, 2000
CUPERTINO Electron Economy™ today announced that RosettaNet's e-business standards will be integrated into the company's technology infrastructure offering, InternetTONE™. Building RosettaNet's standards into InternetTONE will ensure that the open and extensible infrastructure is immediately compatible with RosettaNet partners -- helping build widespread adoption of Electron Economy's supply chain solution. "RosettaNet perfectly complements Electron Economy's vision of integrating all participants in the supply chain into a single commerce flow," said Michael Abbott, chief technology officer of Electron Economy. "The combination of InternetTONE and RosettaNet's open standards will improve customers' operational efficiency and reduce process times, leading to time and cost savings in the supply chain." Working with over 300 leading technology partners, RosettaNet is an independent consortium developing common interfaces to align the processes between supply chain partners on a global basis. An open platform based on XML and Java, InternetTONE integrates disparate business processes to efficiently manage the flow of funds, goods and information across multiple trading partners in the supply chain -- increasing visibility and process intelligence, reducing inventory levels, and improving coordination among buyers and sellers. "By implementing RosettaNet standards, companies are able to create dynamic, flexible trading partner networks," said Jennifer Hamilton, CEO of RosettaNet. "Leveraging the global reach of the Internet, they can create new relationships as well as increase the breadth and depth of current relationships -- improving quality of business for everyone involved." Electron Economy is currently working with several strategic partners to create Partner Interface Processes (PIP). Electron Economy expects to complete the integration by the end of the year.
About RosettaNet
Electron Economy
Electron Economy combines InternetTONE and value-added services to enable efficient supply chain execution. Specifically, its e-fulfillment solution enables enterprises to effectively manage all of the pieces behind the buy button, including trading partners, business processes, transactions and exceptions. For more information, visit the company's web site at www.electroneconomy.com. Founded in April 1999, Electron Economy, Inc. is privately held and is based in Cupertino, CA.
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