XMLFUND ANNOUNCES SUPPORT FOR THE BUSINESS PROCESS MANAGEMENT INITIATIVEBELLEVUE, WA - August 09, 2000 - XMLFund is pleased to support the Business Process Management Initiative (BPMI) led by Intalio and join Aventail, Black Pearl, Blaze Software (Nasdaq:BLZE - news), Bowstreet, Cap Gemini Ernst & Young U.S. LLC, Computer Science Corporation (NYSE:CSC - news), Cyclone Commerce, DataChannel, Entricom, Ontology.Org, S1 Corporation (Nasdaq:SONE - news), Versata (Nasdaq:VATA - news), VerticalNet (Nasdaq:VERT - news), and Verve to define and promote XML (eXtensible Markup Language)-based open standards for the management of mission-critical business processes that span multiple applications, corporate departments, and business partners. The Business Process Management Initiative (BPMI) will leverage and complement existing business-to-business protocols such as ebXML, BizTalk and RosettaNet as well as technology integration standards such as SOAP and J2EE. ''XMLFund not only focuses on investing in XML infrastructure companies, we also are a technology centric innovation company with the goal of contributing to the evolution of XML related technologies and standards,'' said Ken Levy, Director of Technology at XMLFund. ''Electronic based business processes are fundamental for eBusiness communication while XML is the standard language for devices to transfer and describe data. The XML based schema and query efforts of BPMI.org will directly impact the architecture and implementation of B2B solutions while accepting, complementing, and contributing to the existing and ongoing related efforts of OASIS, ebXML, BizTalk.org and other organizations.'' "XML is rapidly becoming the key in exchanging data and the BPMI will model the business processes used to control this flow of information", said LaVar Edwards, CTO at Entricom. "By participating in BPMI, we will assist in defining an open standard that enables business processes to span multiple applications. The telecommunications industry has complex interdependent business processes and non-integrated applications that will benefit from the creation of an open standard. We intend to use BPML in our framework to keep multiple applications in sync and provide the building blocks for business process automation and end-to-end integration." XMLFund looks forward to actively participating in defining and developing the Business Process Modeling Language (BPML) and promoting its use as a standard XML schema to model mission-critical business processes. XML (eXtensible Markup Language) is the new Internet standard for marking up data to facilitate exchanges of information between businesses, independently of applications and platforms. It is the enabling technology behind the next generation Internet trading systems such as Ariba (Nasdaq:ARBA - news), CommerceOne (Nasdaq:CMRC - news) and FreeMarkets (Nasdaq:FMKT - news) as well as for the leading technology companies such as Active Software (Nasdaq:ASWX - news), BEA Systems (Nasdaq:BEAS - news), IBM (NYSE:IBM - news), Microsoft (Nasdaq:MSFT - news), Oracle (Nasdaq:ORCL - news), SAP (Nasdaq:SAP - news), Redhat (Nasdaq:RHAT - news), Sun Microsystems (Nasdaq:SUNW - news), Vitria (Nasdaq:VITR - news) and WebMethods (Nasdaq:WEBM - news). Membership to the Business Process Management Initiative is open to any company, organization, or individual. More information, including quotes and profiles of member companies, can be found at www.BPMI.org. About XMLFund
XMLFund was formed in 1999 by David Pool to foster the growth of promising companies that use XML technology. A pioneer in the Internet industry, Pool founded DataChannel in October 1996 to provide the first XML solution for building an Enterprise Information Portal (EIP) and to unleash the power of the enterprise, enabling the mapping of IT strategy with business objectives. In 1989, he founded SPRY Inc., an Internet software company responsible for Internet In A Box, the world's first Internet software suite. Contact:
XMLFund
Suzan Martignetti
425-467-0111
suzan@xmlfund.com
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