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IBM Bridges the Gap Between Legacy Exchanges and the Internet

Web-Based Solution to Simplify E-Business Transactions

SOMERS, NY,</span></strong><strong><spa - 25 Apr 2001: To help speed the adoption of Internet-based commerce, IBM today announced Internet data and document exchange, a new component within the company's Interchange Services for e-business offering. This new commerce engine serves as a cost-effective and reliable means of exchanging critical business documents, such as purchase orders and order acknowledgements, between companies using disparate communications and data transport protocols. For companies currently using traditional electronic data interchange (EDI) for supply chain communication, the service provides virtually instant access to Internet-based trading communities.

According to IT analysts, approximately 70 percent of large firms, among 250,000 and 300,000 companies worldwide, continue to leverage EDI-based value-added-networks --or VANS, for e-business.Supporting EDI/INT, an open interoperability standard, Internet data and document exchange enables companies to continue to benefit from their existing investments in EDI by providing a reliable bridge from IBM's Information Exchange and VAN Interconnect services to the Internet. For companies not invested in EDI, Internet data and document exchange can lower cost and time barriers to entry, enabling more rapid establishment of e-business trading relationships.

"Seamlessly integrating critical information between the Internet and the legacy EDI networks--that still drive a large share of business transactions--is essential to the growth of e-commerce," said Jim Gant,vice president of e-business hosting, IBM Global Services. "This will help to fulfill EDI's age-old promise--of using an electronic system to reduce cost, increase inventory turns and speed up the supply chain for large and small companies alike."

Internet data and document exchange combines Cyclone Commerce's trading community management software with IBM's extensive infrastructure management, customer care, and e-commerce enabling services. Since 1987, IBM has installed, implemented and coordinated electronic trading relationships for more than 50,000 companies. IBM will help to ensure rapid integration and deployment of the new Web-based commerce engine, so that companies can optimize their existing infrastructure and trading relationships.

Key customer benefits include:

IBM Global Services is the world's largest information technology services provider, with nearly 150,000 professionals serving customers in 160 countries and annual revenue of more than $33 billion. IBM Global Services integrates IBM's broad range of capabilities -- services, hardware, software and research -- to help companies of all sizes realize the full value of information technology. For more information on IBM Interchange Services for e-business, visit: http://www.ibm.com/services/interchange.

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Contact(s) information

Jennifer Kriz
IBM Media Relations
(212) 745-6235
jkriz@us.ibm.com

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