webMethods
Announces OEM Agreement with OAT
Extended
Partnership Delivers Proven Solution
for RFID Integration
FAIRFAX,
Va. and Waltham, Mass. – September
28, 2004 – webMethods,
Inc. (Nasdaq: WEBM), the industry’s
first Web services infrastructure company,
and OATSystems, Inc., the recognized
RFID framework leader, today announced
an OEM agreement in which webMethods
has licensed the OAT Foundation Suite
to provide a comprehensive RFID framework
solution to its customers. webMethods
will make it easier for customers to
add RFID technology to their existing
infrastructures by embedding the OAT
Foundation Suite into the latest version
of the webMethods RFID Starter Pack™.
webMethods
will OEM the OAT Foundation Suite to
provide customers with a complete RFID
framework solution that enables them
to leverage RFID technology to derive
strategic operational benefits from their
automated supply chain operations. The
OAT Foundation Suite is a proven, industrial-strength
solution for centrally managing an RFID
deployment across manufacturing, distribution
and retail operations.
“OAT
has deployed RFID solutions for some
of the world’s largest businesses
because they require a solid foundation
that can support their RFID initiatives
as they grow in size and complexity,” said
Prasad Putta, CEO, OATSystems, Inc. “Integrating
RFID data with enterprise applications
and trading partners is a key element
to any RFID solution. By embedding the
OAT Foundation Suite into webMethods’ leading
integration technology, customers will
have the ability to incorporate their
RFID initiatives within an integration
infrastructure to ensure that they’re
delivering the right product to the right
customer at the right time. By extending
this partnership, webMethods will be
able to provide customers with a solid
foundation to successful RFID implementations.”
webMethods'
comprehensive approach to enabling integration
of RFID data with information technology
systems and resources allows customers
to optimize their supply chain by automating
a wide range of shipping, receiving,
and inventory processes; more accurately
follow the flow of goods from production
to the store shelf; and, in cases where
product tracking is critical, such as
product recalls, save time and potentially
minimize losses.
The webMethods
RFID solution enables companies to seamlessly
integrate their RFID data with core ERP
applications, warehouse management systems
and databases in order to automate their
supply chain and achieve increased efficiencies
in their business processes. The webMethods
RFID Starter Pack continues to include
one week of webMethods' professional
services and a pre-built sample business
process package to accelerate customers'
deployment of their RFID projects.
“The
OEM agreement with OAT is an extension
of the work that we have already done
together, including the development of
a live RFID pilot and the momentum we
have gained among our joint customers
in planning near-term RFID implementations,” said
Tom Roberts, vice president, Industry
Solutions, webMethods, Inc. “webMethods
continues to be the only pure-play integration
vendor showcasing full commitment and
leadership to the RFID market. Through
our status as a founding subscriber to
EPCglobal, our partnerships with leaders
in RFID including OAT, and the initial
success of our RFID solution with some
one of the world’s largest organizations,
webMethods is helping to eliminate the
technology barrier for customers to implement
RFID solutions.”
About
OAT
OATSystems,
Inc. is the recognized RFID framework
leader, with software that empowers businesses
to achieve competitive advantage from
radio-frequency identification (RFID).
As pioneers in the development of RFID
technology, OAT has been setting the
standard in RFID for over half a decade
and is responsible for industry firsts
that include the largest scale and largest
cope of deployments, as well as the most
innovative approaches to providing enterprise-wide
RFID solutions. OAT’s multinational
client base, which includes companies
such as Hewlett-Packard and Gillette,
consists of over 30 customers in retail,
CPG, consumer electronics, manufacturing,
life sciences, aerospace and defense.
Headquartered in Waltham, MA, OAT has
offices in Chicago, London and Bangalore
and is on the Web at www.oatsystems.com.
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 1,200 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 http://www.webMethods.com.
webMethods
is a registered trademark, and Global
Business Visibility and the webMethods
RFID Starter Pack 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.
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
, and in the “Management’s
Discussion and Analysis” section
of webMethods’ Form 10-Q for the
quarter ended June 30, 2004, which are
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 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.
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