INFORMATICA AND BROADVISION FORM STRATEGIC PARTNERSHIP
TO DELIVER SOLUTIONS FOR MULTICHANNEL e-CRM ANALYSIS
E-business leaders to ship integrated software for consolidating and analyzing large volumes of customer information across online and offline channels
PALO ALTO, Calif., February 23, 2000 - Informatica Corporation (NASDAQ: INFA), a leading provider of integrated analytic solutions for e-business, and BroadVisionŽ Inc. (NASDAQ: BVSN), the leading worldwide supplier of personalized e-business applications, today announced a strategic technology and marketing partnership to deliver multi-channel data-integration and analysis solutions for e-CRM (Customer Relationship Management.) Informatica and BroadVision have agreed to work together to develop and market an integrated product to address companies' critical need to gain business insight into customer activity from across both their traditional and Internet-based businesses.
The companies have agreed to tightly integrate Informatica's eCRM analytic application suite, its PowerCenter.e enterprise data-integration software optimized for e-business, and BroadVision's One-To-OneTM Enterprise applications, in order to enable users to consolidate large volumes of BroadVision transactions and Web-log data with other sources of e-business, ERP and legacy data. The integrated product will enable customers to combine their disparate data sources with enterprise analytic applications for timely, effective business analysis. Hence, with a joint Informatica-BroadVision solution, customers will be able to more effectively manage and grow their e-commerce channel.
"Informatica has a strong track record for offering scalable data-integration and migration solutions for e-businesses," said Dr. Eric Golin, CTO for BroadVision. "We believe our partnership will deliver exceptional value to our joint customers. By enabling them to integrate and analyze customer information drawn from across multiple channels, we will significantly enhance their ability to provide interactive e-CRM and e-commerce capabilities on a highly personalized, one-to-one basis with a full arsenal of actionable information at their disposal."
"Even as recently as a year ago, most companies' transaction databases resided in one location - the data center - and typically came from either mainframe databases, ERP systems or relational database systems," said Diaz Nesamoney, president of Informatica. "The Internet has turned that model on its head, with huge volumes of commerce, content, personalization and clickstream data coming from new sources. As a result, the need to integrate disparate data sources across online and offline channels is critically important to emerging e-businesses. Informatica and BroadVision have recognized the value of multi-channel business intelligence, and are taking aggressive steps together to bring this critical functionality to market."
The integrated products are scheduled to ship during the third quarter of 2000.
About BroadVision
BroadVision, Inc. is a leading worldwide supplier of personalized e-business applications. BroadVision's end-to-end solutions enable companies and governments to rapidly deploy and cost-effectively operate secure, scalable, intelligent, and flexible e-business applications for e-commerce, financial services and knowledge management. The company's entire product line has experienced strong growth and increasing acceptance by Global 2000 businesses, governments and pure-play "e-startups."
BroadVision has more than 500 customers in financial services, retail/distribution, high technology, telecommunications, government and travel including Argentaria, American Airlines, British Telecom, CCF Group, Credit Suisse, Ernst & Young, Hewlett-Packard, The Home Depot, Motorola, RS Components, Sears.com, Vodafone, Wal-Mart, and Xerox. BroadVision is headquartered in Redwood City, Calif. and maintains an extensive worldwide network of subsidiaries and licensed resellers in North and South America, Europe, and Asia. BroadVision is a public company traded on Nasdaq in the United States under the symbol BVSN and on the high-technology stock market of Germany, the Neuer Markt segment of the Frankfurt Stock Exchange, under the symbol BDN. The Company can be reached at (650) 261-5100 or at www.broadvision.com
About Informatica
Headquartered in Palo Alto, California, Informatica is a market-leading provider of complete analytic solutions for e-business that enable many of the world's largest companies to integrate data from across their global enterprises--including e-business servers, Web logs, ERP and mainframe systems--and analyze it in order to grow their business. Over 640 major companies across the world in key industries rely on Informatica's analytic solutions, including eBay, Netscape, CNET, Inktomi, Preview Travel, Priceline.com, Morgan Stanley, Merrill Lynch, 3Com, Autodesk, Chevron, Met Life, Mutual of Omaha, Sprint, MCI WorldCom, Deutsche Bank, UBS, Zurich Insurance, Polo Ralph Lauren and Universal Studios. For more information, call 800.970.1179, or visit Informatica's Web site at www.informatica.com
Statements in this press release which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this release include statements regarding: (1) the features, capabilities, functionality and benefits of solutions and integrated products to be developed under the partnership between Informatica and Broadvision and (2) the completion and general availability of these solutions and products in the third quarter of 2000. Factors that could cause actual results to differ materially include risks and uncertainties such as: unforeseen technical difficulties (including those related to integrating Informatica's products with Broadvision's products) in developing such features, capabilities, functionality and benefits which could delay or prevent release of these solutions and products or result in them being released without certain of these features, capabilities, functionality or benefits; the failure for a sufficient market to develop for these features, capabilities, functionality or benefits; scheduling and technological factors controlled by Broadvision; or any software errors in our products. Readers should also refer to the risk disclosures outlined in Informatica's Registration Statement on Form S-1 declared effective April 28, 1999 and its quarterly reports on Form 10-Q filed thereafter from time-to-time with the SEC.
Media Contacts:
Samantha Moore
Informatica Corporation
(650) 687-6361
smoore@informatica.com
Roger Knott
BroadVision, Inc.
(650) 298-7325
rknott@broadvision.com
NOTE: Informatica and PowerCenter.e are trademarks of Informatica Corporation. BroadVision is a registered trademark and BroadVision One-To-One is a trademark of BroadVision, Inc. in the United States and other countries. All other company and product names may be trademarks of their respective owners.
