Business Services Industry
Vitria Announces Support for BPEL4WS Specification to Accelerate Adoption of Business Process Integration
Business Wire, August 9, 2002
Business Editors/Technology Writers
SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 9, 2002
Specification Validates Vitria's Business Process-Centric Approach to
Integration
Vitria (Nasdaq:VITR), the leading provider of business process integration solutions, today announced support for the Business Process Execution Language for Web Services (BPEL4WS) specification, created jointly by IBM (NYSE:IBM), Microsoft (Nasdaq:MSFT), and BEA (Nasdaq:BEAS). BPEL4WS is an executable language for expressing business processes so they can be more easily reused and integrated with other processes. The specification enables easier execution of those processes, allowing different business processes to understand each other in a web services environment.
"Business Process Management (BPM) is a critical emerging technology for solving the difficult integration problems facing businesses today," said Dale Skeen, co-founder and CTO of Vitria. "As a pioneer in BPM, Vitria strongly supports this standardization effort and believes that BPEL4WS is a key ingredient for the rapid adoption of BPM. This will revolutionize the integration market in much the same way SQL revolutionized the database market."
World-class enterprises look to Vitria to use BPM to orchestrate web services and other means of data transport securely. These new specifications, along with the Vitria BusinessWare(R) platform, enable customers to design and execute their unique business processes and better utilize current enterprise applications. As the market share leader in business process management(1), Vitria has extensive experience in practical, real-world applications with leading-edge customers such as Blue Cross Blue Shield Association, Bell Canada, BP, The Goodyear Tire & Rubber Company, and Sprint.
About Vitria
Vitria Technology, Inc. is the leading provider of business process integration solutions. The company pioneered the enterprise application integration market in 1994 and the use of business process management in 1997. Today, Vitria is the first integration solution provider to solve integration challenges through collaborative applications. With 35 offices around the world, Vitria's customer base includes such industry-leading companies as Bell South, DaimlerChrysler Bank, Dana, Generali, PacifiCare Health Systems, Reynolds and Reynolds, Schneider Logistics, Trane, Trans Union, and The United States' Departments of Defense and Veteran's Affairs. For more information call 1-408-212-2700, email info@vitria.com or visit www.vitria.com.
This press release includes forward-looking statements, including statements relating to new products, future revenue growth, goals 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, failure to meet financial and product expectations of analysts and investors, risk as related to market acceptance of Vitria's product and alliance partner's products, deployment delays or errors associated with these and other products of Vitria and partners, hardware platform incompatibilities, 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 conditions 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 Dec. 31, 2001, filed with the SEC on March 29, 2002, and in Vitria's quarterly reports on Form 10-Q as filed with the SEC. The final decisions regarding specific features, pricing, and availability of the products mentioned in the press release are to be determined at the sole discretion of the Company. Vitria does not undertake an obligation to update forward-looking statements.
Note (1): WinterGreen Research, an independent research firm, named Vitria as the industry's market leader in Business Process Management (BPM) for the second year in a row. According to WinterGreen Research's results, as published in a new report titled "Business Process Management (BPM) Market Strategies, Market Opportunities, and Market Forecasts, 2002-2007."
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