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LONDON, 25 July 2001 – Bowstreet and Choreology Ltd. today announced that the two companies plan to collaborate to produce a ‘proof of concept’ implementation for the emerging standard for business web transactions.

The Organisation for the Advancement of Structured Information Standards (OASIS) is currently defining the Business Transaction Protocol (BTP) specification. BTP will be an open, XML-based standard that will allow trading partners to reliably coordinate elements of their business processes.

Bowstreet and Choreology are both active in the BTP Technical Committee (www.oasis-open.org/committees/business-transactions), whose work is slated to be adopted as an OASIS Committee Specification by September 2001. The two companies have agreed to exchange expertise and information, and together are building a prototype of a BTP application that demonstrates the protocol engine and XML message set.

The joint project combines Choreology’s deep background in transaction processing with Bowstreet’s leadership in web services and XML-based solutions. The companies plan to apply the results of this joint work to assist OASIS in finalizing the BTP specification.

Choreology managing director, Alastair Green, says: “We noted Bowstreet’s understanding of the importance of XML-based web transactions when we formed our company at the beginning of this year. This collaboration will help OASIS members bring extended or cohesive transaction processing capabilities to a wide range of web service providers for financial transactions, e-procurement and other applications.”

Choreology began work earlier this month on a commercial implementation of the BTP protocol. The product, Choreology Cohesion, will be introduced to the market in the first half of 2002. Cohesion is the first part of a plan to provide software vendors and enterprise software users with products that answer the hard technology problems posed by serious, high-value electronic commerce.

Bowstreet has been an early proponent of and leader in web services since the company’s inception in 1998, and has championed the importance of XML in enabling interoperation between business partners’ automated systems. The BowstreetÔ Business Web Factory is used to create and manage a new class of dynamic, web-native applications composed of plug-and-play web services. Using the Business Web Factory, companies can connect on-the-fly with their partners and customers to achieve extended business reach and adapt to change in minutes instead of months. The vendor-neutral Business Web Factory consumes any vendor’s web services and uses open standards to deliver significant, total cost of ownership savings across diverse e-business initiatives. Bowstreet’s Business Web Portal Solutions, powered by the Business Web Factory, are a suite of products that speed development and deployment of massively customisable portals for many of today’s most pressing e-business initiatives, including enterprise information sharing, eCRM, syndicated storefronts, corporate intranets, partner extranets and supply chain collaboration.

James Tauber, Bowstreet’s director of XML adds, “Bowstreet has always been committed to interoperable web services standards. With our expertise in web services and Choreology’s expertise in transactions, working together on a BTP proof of concept is a natural fit.”

- Ends -


About Choreology (www.choreology.com)

Choreology Ltd. is a privately owned company based in London, formed in January 2001 by a group of highly experienced specialists in reliable distributed computing. Choreology is producing enterprise infrastructure software to help customers choreograph the interplays of collaborative (interorganisational, system-to-system) trading and information distribution of any kind. For more information, mail info@choreology.com.


About Bowstreet (www.bowstreet.com)

Bowstreet, a recognized leader in web services, enables businesses to transform themselves from hard-wired enterprises into agile, spontaneous ‘business webs’. The BowstreetÔ Business Web Factory and Business Web Portal Solutions comprise a new, dynamic assembly layer on top of middleware, enabling enterprise components and web services to be assembled on-the-fly by non-technical business people into mass-customised composite web services. Bowstreet’s Business Web Portals leverage the Business Web Factory to converge separate portal initiatives (including enterprise information sharing, eCRM, syndicated storefronts, corporate intranets, partner extranets and supply chain collaboration), into a single, reusable platform, enabling new revenue streams and reducing portal costs by as much as 80 percent.


Bowstreet is a trademark of Bowstreet, Inc. Choreology is a trademark of Choreology Ltd. All other company names and product names may be trademarks or registered trademarks of their respective companies or owners.


Contact:

Cyrus Gilbert-Rolfe
Bowstreet
+44 20 7556 7009
cgilbertrolfe@bowstreet.com

Stella Couch / Michelle Halliday
Write Image
+44 20 7959 5400
stellac@write-image.co.uk
michelle@write-image.co.uk

Alastair Green
Choreology Ltd.
+44-207-670-1780
alastair.green@choreology.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Metia LTD (formally Write Image Ltd) in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.