IPNet Awarded Patent For Key E-Business Enabling Technology
Configurable Transaction Routing Aids in Management of Diverse Trading Partner Networks
NEWPORT BEACH, Calif., March 19, 2001 — IPNet Solutions Inc., the leader in e-business transaction management, today announced that it has been awarded a patent for Configurable Transaction Routing (CTR) by the U.S. Patent & Trademark Office. CTR supports the transmission and management of electronic business transactions using any data format. It is used to schedule, send, receive and translate transactions between a host company and its trading partners.
"CTR is a powerful tool that enables IPNet customers to easily manage their migration from proprietary solutions such as VAN-based EDI to Internet-based e-commerce," said Don Willis, CEO and president, IPNet. "With the ease-of-implementation and flexibility CTR provides, businesses can manage and significantly reduce the risk of implementing new B2B initiatives."
CTR was initially developed to address the complex routing and scheduling requirements of EDI transactions. Embedded within IPNet eBizness™ Transact, today CTR automates XML and EDI in addition to other data types to simplify the management of diverse trading partner networks.
CTR enables content-based routing, a capability that allows eBizness Transact to operate on any element or attribute, for powerful system-to-system communication solutions. It provides a single point of administration while supporting a wide range of document and transaction types, communications protocols, transmission schedules and translation requirements. It resides on a host or exchange system server and acts as a transaction gateway directing the flow of business transactions between the host system and its trading partner systems.
"With the advent of e-business, Saturn recognized the strategic advantage to be gained by trading with our customers and suppliers electronically," said Bill Deighton, vice president of information technology and services for Saturn Electronics. "With IPNet, we’re able to support multiple trading partner requirements with a single solution. The ability to easily manage these disparate requirements was the prime motivator for selecting IPNet."
"Most businesses aren’t in a position to dictate e-business standards to their trading partners," said Shawn Willett, principal analyst, Current Analysis. "In some cases their suppliers are bigger than they are and in other cases their suppliers are also their customers. The complexity of these relationships demands solutions such as IPNet’s that are capable of bringing cohesion to diverse supply organizations."
eBizness Transact is a component of IPNet eBizness™ Suite, an integrated solution that enables trading partners to securely transact, order and collaborate in real-time throughout the supply chain. Transact provides transaction tracking, auditing and management and ensures reliable, secure communications.
About IPNet Solutions
IPNet Solutions Inc. is the leader in e-business transaction management. With its server, PC and browser options, IPNet enables all partners to transact business, share information and collaborate securely over the Internet. VAN fees and paper-based communications are eliminated. Transactions and information flow are optimized. By integrating and synchronizing information real-time between trading partners, IPNet unleashes the ROI of legacy systems. IPNet’s open solutions are based on industry standards for communications, security, XML and EDI. IPNet`s ability to swiftly deploy and implement is unmatched.
Recent industry recognition includes UPSIDE Magazine’s "Hot 100 Private Companies," Computerworld’s "Top 100 Emerging Companies to Watch in 2001,"
Manufacturing Systems’ "25 Emerging Companies to Watch," American Electronics Association’s "Best Innovative New Product/Technology," iSource’s "Top 100 Premier E-Procurement Providers" and RIS News’ "Top 50 Retail Software Vendors." More information about the company can be found at www.ipnetsolutions.com or 866-476-3848 (866-IPNET4U).
Back...
