Retek and SeeBeyond Partner to Bring Unparalleled Integration Capabilities To The Retail Sector
SeeBeyond Named as Global eBusiness Integration Standard for Retek
MINNEAPOLIS and REDWOOD SHORES, Calif., Sept. 10 --
Retek Inc. (Nasdaq: RETK), the leading provider of software to help
retailers create, manage, and fulfill consumer demand, and
SeeBeyond (Nasdaq: SBYN), the leading global provider of eBI solutions, today
announced a partnership -- whereby Retek will embed SeeBeyond technology as a
part of its Retek Enterprise 10.0 release. Retek and SeeBeyond will jointly
market SeeBeyond`s integration technology to Retailers worldwide.
Retek Enterprise 10.0 will feature the Retek Integration Bus (RIB), an
Enterprise Application Integration (EAI) architecture that will provide
retailers with unparalleled integration capabilities between Retek`s solution
and in-house developments. By leveraging SeeBeyond`s integration technology,
the RIB will allow retailers to achieve new levels of efficiency by
eliminating "islands of data" within their enterprises.
"Retek is committed to providing solutions that deliver value to
retailers, however complex their business demands," says Jeremy Thomas, chief
technology officer, Retek. "Our use of SeeBeyond technology in our Retek 10.0
release is reflective of our commitment to continually improve our solution
offering."
The Retek relationship reinforces SeeBeyond`s already existing leadership
in the retail industry. SeeBeyond has already become the enterprise-wide
integration standard for many of the major players in the retail space.
Leading retailers such as Barnes & Noble.com, Boots, Carrefour Belgium, FNAC,
GlobalNetXchange (GNX), Lands` End, and PETsMART have all selected SeeBeyond
to streamline their businesses and enhance internal and external supply chain
and demand side processes.
"Integration is core to retailers` IT infrastructure strategy. Existing
retail initiatives that require near real-time access to enterprise data or
the deployment of next generation applications need an integration platform,"
said Reed Henry, senior vice president of Services, Support and Alliances for
SeeBeyond. "Together, Retek and SeeBeyond will provide the integration
foundation to transform the retail industry. SeeBeyond is excited to work
with Retek to deliver the vision of an end-to-end seamless retail value
chain."
About Retek
Retek Inc. is a leading provider of software solutions and services to the
retail industry. Retek`s collaborative solutions help the retail industry
create, manage and fulfill consumer demand. Many of the world`s leading
retailers use Retek solutions, including A&P, Tesco, Best Buy, Family Dollar
Stores, Eckerd Corp., Kohl`s Department Stores and The Home Shopping Network.
About the SeeBeyond eBI Suite
The SeeBeyond eBI Suite provides the infrastructure to enable retail
companies to achieve greater visibility and real-time data and process
execution. The ability to connect systems, applications, and trading partners
rapidly gives these enterprises faster time to market and increased
flexibility, both of which are necessities in this fast-moving market. The
SeeBeyond eBI suite is the only integration solution to provide a real-time
view, in conjunction with management and deployment capabilities, across the
global enterprise and out to the extended enterprise of trading partners and
business networks.
About SeeBeyond
As the leading global provider of eBI(TM) solutions, SeeBeyond enables the
seamless flow of information within and among enterprises in real time. The
SeeBeyond eBI Suite offers a rapidly deployable and infinitely scalable
infrastructure for application integration, business-to-business connectivity
and business processes optimization. SeeBeyond has more than 1,520 customers
worldwide, including ABB, ABN Amro, Barnes & Noble.com, Bausch & Lomb, BHP,
DuPont, Florida Power & Light, Fluor Daniel, General Motors, Hewlett-Packard,
Pfizer and Sprint.
SeeBeyond has global headquarters in Monrovia, Calif., and sales and
marketing headquarters in Redwood Shores, Calif. For more information, please
visit http://www.seebeyond.com
Retek and retail.com are trademarks of Retek Inc.
eBI is a trademark of SeeBeyond Technology Corporation.
All other trade names are the property of their respective owners.
Forward-looking statements contained in this press release are made under
the Safe Harbor Provision of the Private Securities Litigation Reform Act of
1995. Any such statements are subject to risks and uncertainties that could
cause actual results to differ materially from those anticipated. Such
factors are described from time to time in the company`s Annual Report on Form
10-K and other reports filed with the Securities and Exchange Commission.
Contact:
Mustafa Qutub of Retek Inc.
+1-612-630-5904
mustafa.qutub@retek.com
Kristi Rawlinson of SeeBeyond
+1-650-622-2128
krawlinson@seebeyond.com
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