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Enron Mail |
????HOUSTON--(BUSINESS WIRE)--April 9, 2001--EC Outlook, a software provider that automates the collaborative commerce activities of Global 1000 companies and their trading partners, has signed a licensing agreement with Enron Corp., one of the world's leading electricity, natural gas and communications companies, providing both companies with technology to enhance their commodity-related businesses. ????Enron is planning to use EC Outlook's Smart Document Interchange (SDI) Server(TM) software to streamline the exchange of certain documents with trading partners in commodity markets outside of its traditional energy and communications industries. Such industries include metals, pulp and paper and others. The SDI Server product helps companies and their partners share information without invasive hardware and software installations. ????EC Outlook, in turn, will enhance its software offering with proprietary data interchange applications developed by Enron to manage complex logistical activities in natural gas and electricity markets. EC Outlook will integrate industry-specific functionalities and processes from this software into its own applications to deliver enhanced capabilities to customers. ????"Enron's data interchange technology is a strategic acquisition for us," said Matt Verghese, president and COO of EC Outlook. "Coupled with our existing applications, we can very effectively support the transaction-intensive needs of energy and other commodity businesses." ????"Commodity markets, like natural gas, electricity and others, will significantly benefit from electronically automating commerce activities among trading partners," said Greg Runyan, senior analyst with Yankee Group. "The agreement between EC Outlook and Enron is a perfect example of how market leaders can gain a competitive edge." ????About EC Outlook ????EC Outlook's software applications automate collaborative commerce activities between Global 1000 companies and their trading partners. Powered by SDI Server(TM) software, these applications enable customers and partners to quickly connect with one another to share information, regardless of size, technical sophistication or existing infrastructure. By overcoming connectivity and data disparity issues, customers have achieved increased revenues, working capital reductions and short-term payback on their investment. For more information, visit www.ecoutlook.com.
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