Small Business Resources, Business Advice and Forms from AllBusiness.com

Vitria Announces Next-Generation B2Bi Product Line; Three Offerings Geared to Rapidly Meet the...

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--May 14, 2001

Vitria (Nasdaq:VITR), a leading integration server provider, today announced three new B2B integration products: EDI Module 3.0, B2Bi Server, and B2Bi Express Partner Server. The products enable

Global 2000 companies and exchanges to leverage their investment in legacy systems, build real-time collaborative processes with key trading partners, and rapidly deploy scalable and secure trading communities over the Internet in a matter of days. The product line provides full support for over 4,000 EDI transaction sets, as well as new XML standards including Rosettanet 2.0, cXML, and xCBL. These products will allow companies to rapidly build B2B networks.

The offering solves the persistent problem of B2B -- getting a critical mass of partners connected, especially those who don't wish to spend the time, money, or effort to deploy traditional EDI solutions, or another type of point-to-point integration. Major corporations will have simple and effective options to draw their thousands of trading partners into one seamless, efficient web, regardless of size or technical sophistication.

The end result of an effective corporate B2Bi strategy is reduced transaction costs (in time and money), leaner inventory levels, and faster time to market. A complete B2Bi trading community will be able to obliterate the slow and error-prone means of phone, fax, and email communication. Companies will be able to better achieve competitive differentiation and deliver better customer service.

BusinessWare EDI Module 3.0 -- Leveraging and Extending EDI Infrastructure

While the Internet has gotten most of the B2B press, the predominant vehicle for ecommerce is still EDI, which handles 80% of the dollar value of inter-company transactions among Fortune 500 companies. However, the high costs of implementing, maintaining, and running EDI networks limits extension to new trading partners. Using the BusinessWare EDI Module, customers will be able to automatically translate EDI documents into XML, and automate business processes involving EDI systems as a part of their internal and B2B integration solutions. This is a compelling solution for Global 2000 companies who have significant EDI investments, but whose trading partners may only be using XML.

BusinessWare B2Bi Server -- Building the Extended Enterprise

For companies who want to build real-time collaboration with key suppliers, such as contract manufacturers, the B2Bi Server is an ideal solution. Vitria's B2Bi Server is the industry's most comprehensive, scalable, and secure offering for companies seeking total end-to-end automation of their trading partner networks. Unlike competitive offerings, it supports multiple trading protocols, including RosettaNet 2.0, cXML, and xCBL standards, as well as industry-specific protocols that users can easily create to address the particular requirements of their business. It provides integration to an unlimited number of partners and to multiple back-end systems and internal processes. The B2Bi Server provides automated validation, logging, and secure transport of messages.

BusinessWare B2Bi Express Partner Server -- Rapidly Deploying Trading Partner Networks

Global 2000 corporations may have thousands of trading partners, but most are not electronically connected. This drives high overhead costs, clerical errors, and delays in critical business processes. However, legacy solutions like EDI have been complex to deploy, and have not been economically viable for many trading partners. The Vitria B2Bi Express Partner Server addresses the need for rapid, low-cost deployment of secure electronic trading networks. The server can be downloaded over the Internet and deployed by the trading partner in a matter of hours, enabling automated, real-time communication with a BusinessWare B2Bi Server.

B2Bi -- One of the Three Legs of a Company's Integration Strategy

Along with enterprise application integration (EAI) and business process management (BPM), a solid B2Bi strategy is critical for companies to take advantage of their past and future information technology investments. Vitria's B2Bi servers are built on leveraging industry standards; and their open architecture allows for integrating and communicating with non-Vitria trading communities, including support for leading solutions such as Cyclone Commerce's hub and trading partner servers.

Vitria's EDI Module, B2Bi Server, and B2Bi Express Partner Server solutions all are members of one product family: Vitria BusinessWare. BusinessWare offers the scalability, security, and flexibility in a unified architecture that enables companies to choose one integration vendor. Hundreds of companies already rely on Vitria for internal integration needs and business process management. The advanced speed of deployment and reliability of the solution puts Vitria at the head of the pack of B2Bi as well.

"Our customers understand that online trading communities are the next big thing -- but are tired of the hype," said JoMei Chang, president and chief executive officer of Vitria. "For a trading community to be effective, they must propagate quickly, so that all participants realize immediate value. And they are only strong as their weakest link. With the Vitria B2Bi server family, companies of all sizes and all scopes of projects have a fast and reliable solution."

About Vitria

Vitria Technology, Inc. is a leading integration server provider. Vitria BusinessWare integrates applications and automates mission-critical business processes within and across the extended enterprise, reducing time to market, shortening lead times, lowering operating costs, and increasing customer satisfaction. Vitria is a publicly traded company (Nasdaq:VITR) based in Sunnyvale. For more information, call 408/212-2700, visit the company's Web site at www.vitria.com or send email to info@vitria.com.

This press release includes forward-looking statements, including statements relating to cash position, customers, and future business opportunities, that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, the difference between audited and non-audited financial results, quarterly fluctuations in operating results, failure to meet financial expectations of analysts and investors, risk as related to market acceptance of Vitria's product, deployment delays or errors associated with these products, hardware platform incompatibilities, reliance on a limited number of customers for a majority of revenue, need to maintain and enhance certain business relationships with system integrators and other parties, ability to manage growth, activities by Vitria and others regarding protection of proprietary information, release of competitive products and other actions by competitors and economic downturns in either domestic or foreign markets. These and other risks related to Vitria are detailed in Vitria's Annual Report on Form 10-K for the year ended December 31, 1999, filed with the SEC on March 9, 2000, as amended, and in Vitria's quarterly reports on Form 10-Q as filed with the SEC. Vitria does not undertake an obligation to update forward-looking statements.

Note to Editors: BusinessWare(R) is a registered trademark of Vitria Technology, Inc. All other names may be trademarks of the companies with which they are associated.

In addition, make sure to read these articles: