Excosoft and Software AG to Cooperate The Swedish software vendor Excosoft announces agreement with Europe's largest sys
Excosoft and Software AG to Cooperate The Swedish software vendor Excosoft announces agreement with Europe's largest system software provider Kista, Sweden - October 3, 2000 - Excosoft AB, a leading provider of content management solutions, and Software AG, Europe's largest system software provider, have signed a memorandum of understanding. The cooperation will be based on Software AG's and Excosoft's product portfolio within content management, eBusiness, eCommerce, application integration and data management. Excosoft will be a value-added reseller for Software AG and will now be able to offer to its customers eCommerce solutions based on Tamino, Software AG's XML database system for enabling business on the Web "We are very pleased to be cooperating with Excosoft," said Ole Kock CEO Software AG Nordic A/S. "We are looking forward to working together to provide our joint customers with what they need: reliable software systems that deliver the benefits of XML and the Internet." "This agreement is a clear indication that Excosoft is on the right track," said Jörgen Friman, president and CEO of Excosoft. "I'm extremely positive that we shall see a significant strengthening of our market position over the next six months. The feedback I am getting from our partners and customers is that Excosoft is rapidly becoming recognized as the leading provider of technology for creating and updating Web-based content." About Software AG Software AG, Darmstadt, Germany, is Europe's largest system software provider and a major global player offering cutting edge technology for data management and electronic business. Since 1998 the company has focused its development activities on XML products for the Internet. With more than 2,600 employees and representatives in 60 countries, Software AG achieved sales revenue of Euro 366 million in 1999. Its distribution and technology partners include market leaders such as IBM, Microsoft and SCO as well as innovative IT solutions providers like Extensibility, Softquad and Instranet. Software AG's products control the central IT processes of thousands of renowned companies worldwide. Some examples of these are Lufthansa, British Sky Broadcasting, ZDF, Dresdner Bank AG, Deutsche Bahn AG (German Rail), BP and VIAG Interkom. Software AG is listed on the Frankfurt Stock Exchange (MDAX, Security identification number 724260 / SOWG.F). Additional information is available at www.softwareag.com About Excosoft Excosoft, Kista, Sweden, is a leading provider of content management solutions. By leveraging Web technologies, such as WebDAV and XML, Excosoft helps their customers streamline the management of corporate information and stay competitive in fast moving markets. The company offers a range of products including network-enabled documentation software, version control and configuration management software, platforms for publishing eContent, and a powerful Web-based authoring environment. Excosoft's customer base is growing fast and includes companies such as Ericsson, Flextronics, SAAB, NetSchools, OM Technology, Celsius Tech and Holmen Paper. Additional information is available at www.excosoft.com Direct inquiries to: Jörgen Friman, CEO, Excosoft Ole Kock, CEO, Software AG Nordic Tel: +46-8 633 2900 A/S Fax: +46-8 633 2950 Tel: +45-4350 8800 E-mail: jorgen.friman@excosoft.com Fax: +45-4350 8888 E-mail: ole.kock@softwareag.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/03/20001003BIT00500/bit0001.doc http://www.bit.se/bitonline/2000/10/03/20001003BIT00500/bit0002.pdf