Dallas, Texas - February 26, 2002 - Global supply chain execution (SCE) leader EXE Technologies, Inc. (Nasdaq: EXEE), announced today the release of the EXceedTM Data Exchange software solution. Exceed Data Exchange provides a cost effective and rapidly deployable solution that eliminates the pain of integrating enterprise software applications.
EXceed Data Exchange is a J2EE compliant application that supports secure communications over the Internet and private networks. Customers will be able to use standard EXceed Data Exchange communication and transformation capabilities to integrate EXE applications with popular applications from other enterprise software vendors.
"Over 90% of e-Commerce transactions are via EDI formats. Most companies pay a per transaction charge to a Value Added Network (VAN) which adds up to thousands of dollars per year," said George Starr, vice president and general manager collaborate business unit for EXE. "EXceed Data EXchange enables trading partners to eliminate VAN charges by using secure Internet protocols for transactions. Furthermore, EXceed Data EXchange supports the data transformation required to quickly implement and easily maintain enterprise application integration within the Intranet and external trading relationships across the Internet."
"Integration concerns should not drive software buying decisions. Instead, integration should simply be a step in a typical deployment plan," said David Clarke, vice president of services for EXE. "EXceed Data Exchange is especially useful for companies who must frequently connect to new systems, such as Third Party Logistics providers."
"We are committed to helping our customers derive maximum return on their investment in EXE`s EXceed product suite through strong support of leading standards for connectivity," said Richard Lackey, chief technology officer for EXE. "EXceed Data Exchange seamlessly handles legacy EDI formats as well as XML, and utilizes widely accepted messaging and security standards. We understand that no enterprise system today can survive if it exists in a silo of its own data. Instead, integrated solutions are necessary to expedite the flow of goods through the supply chain."
About EXE Technologies, Inc.
EXE Technologies, Inc. (NASDAQ: EXEE) is a leading provider of supply chain execution software solutions that deliver the vital, frontline supply chain intelligence to drive customer execution decisions and processes. EXE`s products and services help customers worldwide reduce inventory and operational costs while increasing customer loyalty and satisfaction. The company provides global service and support from offices located in North America, Europe, the Middle East, Asia, and Australia. For more information about EXE Technologies, Inc., call (214) 775-6000 or visit www.exe.com.
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EXE Technologies, EXE and EXceed are trademarks, registered trademarks or service marks of EXE Technologies, Inc. in the United States and/or other countries. All other trademarks or service marks contained herein are the properties of their respective owners.
Statements contained in this press release that are not historical facts may be forward-looking statements, as the term is defined in the Private Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "anticipate", "estimate", "expect", "project", "intend", "plan", "believe" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Many factors, including the risks outlined from time to time in the documents filed by EXE with the Securities and Exchange Commission, will be important in determining future results. The forward-looking statements contained in this press release include, among other things, statements relating to the capabilities of EXE`s software, EXE`s ability to implement its software and customers` ability to realize certain results from the implementation of EXE`s software. Any and all forward-looking statements can be affected by inaccurate assumptions or by known or unknown risks and uncertainties, including, among other things, the length and complexity of the implementation cycle for EXceed software, which may result in delays and/or customer dissatisfaction. Actual future results may vary materially.