webMethods and Verisign ALLIANCE provides RFID Customers ENHANCED Connectivity to EPC Network
webMethods and VeriSign Work Together to Market Network Services for RFID
FAIRFAX, Va. - June 21, 2004 - webMethods, Inc. (Nasdaq: WEBM), the
industry`s first Web services infrastructure company, today announced that
the webMethods RFID Starter Pack will enable direct connectivity to the EPC
Network so that customers can better access and utilize supply chain data
stored within the EPC Network. VeriSign® and webMethods will work together
to market VeriSign`s EPC Network Services offerings with the webMethods
Enterprise Services Platform(tm) and other webMethods software products to
retailers, distributors, and manufacturers implementing radio frequency
identification (RFID) and electronic product code (EPC) technologies.
"Companies that want to derive value from RFID tagged products need a quick
and efficient means of retrieving and analyzing data that`s stored within
the EPC Network," said Brian Matthews, vice president, Directory Services,
VeriSign. "webMethods provides a vast amount of expertise in providing data
visibility to the systems that companies rely on to run their businesses."
By enabling customers to purchase VeriSign`s EPC Network Services,
webMethods will deliver an enhanced integration to the EPC Network with the
next version of the webMethods RFID Starter Pack. The solution will enable
companies to seamlessly integrate their RFID data with core enterprise
resource planning (ERP) applications, warehouse management systems and
databases in order to automate their supply chain and achieve increased
efficiencies in their business processes.
"Most companies today are struggling with how to gain value from a trading
partner directive to employ RFID technology. The EPC Network represents one
of the core capabilities that will fundamentally change the way information
is shared across the supply and demand chain," said Tom Roberts, vice
president, Industry Solutions, webMethods, Inc. "Together, webMethods and
VeriSign will deliver to companies a mechanism to quickly achieve the supply
chain visibility benefits provided by the EPC Network. The joint effort
between our two companies resolves a number of technical challenges that
virtually every company will face as they implement new EPC technologies for
enabling RFID."
As a founding subscriber to EPCglobal Inc., the organization that develops
and oversees commercial and technical standards for the EPC Network,
webMethods provides support for adoption of the EPC Network and in the
creation of industry standards for RFID technology. VeriSign was selected
by EPCglobal to build and manage the Object Naming Service, one of the core
components of the EPC Network.
About VeriSign, Inc.
VeriSign, Inc. delivers critical infrastructure services that make the
Internet and telecommunications networks more intelligent, reliable, and
secure. Every day VeriSign helps thousands of businesses and millions of
consumers connect, communicate, and transact with confidence. Additional
news and information about the company is available at
.
About webMethods, Inc.
webMethods (Nasdaq: WEBM) is the industry`s first Web services
infrastructure company. webMethods` innovative integration, Web services,
portal and analytic solutions enable more than 1,100 enterprise customers
worldwide to run, measure and optimize their business. Recognized in 2003 as
the fastest growing software company in North America by Deloitte,
webMethods is headquartered in Fairfax, Va., with offices throughout the
U.S., Europe, Asia Pacific and Japan. More information about the company
can be found at .
# # #
VeriSign is a registered trademark of VeriSign, Inc. in the United States
and in foreign countries. webMethods is a registered trademark, and Global
Business Visibility, the webMethods Enterprise Services Platform and
webMethods Business Process Management are trademarks, of webMethods, Inc.
in the USA and certain other countries. All other company and product names
are the property of their respective owners.
Statements in this announcement other than historical data and information
constitute forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. These statements involve risks and uncertainties that could cause
VeriSign`s actual results to differ materially from those stated or implied
by such forward-looking statements. The potential risks and uncertainties
include, among others, the inability of VeriSign to successfully market the
services and customer acceptance of the services; the risks that the
expected synergies resulting the combination will not materialize. More
information about potential factors that could affect the company`s business
and financial results is included in VeriSign`s filings with the Securities
and Exchange Commission, including in the company`s Annual Report on Form
10-K for the year ended December 31, 2003 and quarterly reports on Form
10-Q. VeriSign undertakes no obligation to update any of the forward-looking
statement after the date of this press release.
This press release may contain various remarks about the future
expectations, plans and prospects of webMethods that constitute
forward-looking statements for purposes of the safe harbor provisions of
U.S. securities laws. The actual results of webMethods may differ materially
from those indicated by these forward-looking statements as a result of
various important factors, including those discussed under the heading
"Factors That May Affect Future Operating Results" in the Business section
of webMethods` Form 10-K for the year ended March 31, 2004, which is on file
with the U.S. Securities and Exchange Commission and may be accessed at
www.sec.gov or webMethods` investor relations web page at
http://www.webmethods.com/Investors .
webMethods disclaims any obligation to update or correct any forward-looking
statements made herein due to the occurrence of events after the issuance of
this press release.
Contact:
Kim Cornwall
Public Relations Specialist
PH: 703-460-5910
FX: 703-460-2599
www.webmethods.com
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