Vitria Wins Product Of The Year And Best EAI Solution In Business Integration Journal Awards
SUNNYVALE, Calif., July 22, 2003 - Vitria (Nasdaq: VITR),
a leading provider of business process integration solutions, outshone competitors
in three categories of the 2003 Business Integration Journal (formerly eAI Journal)
Awards, underscoring the power of Vitria’s business process integration
offerings. Vitria swept away the competition winning two of the five categories,
including ‘Product of the Year’ for its industry-leading BusinessWare
platform. Vitria also received first place for ‘Best Enterprise Application
Integration (EAI) Solution’ and second place for ‘Best eBusiness
Solution’. In addition, Vitria was inducted into the Business Integration
Journal Hall of Fame for best ever performing vendors of the prestigious annual
awards.
Judged by a blue-ribbon panel of top industry analysts, the judging procedures
for selection of the winners of the Business Integration Journal Awards were
thorough and objective. Judges looked for clear technology and business benefits
of the submitted solutions, with a focus on both internal integration, including
legacy, enterprise application, and wireless integration, and external integration,
including supply chain optimization and net markets. In the 'Product of the
Year' category, technological innovation and its business application were especially
considered.
“Vitria achieved great success in this year's Business Integration Journal
awards,” said Tony Brown, editor-in-chief, Business Integration Journal.
“Taking the hotly contested Product of the Year as well as first place
for Best EAI Solution at Bell Canada is a tremendous achievement. Vitria was
also placed second for Best e-Business Solution, rounding off one of the best
performances of any vendor in our annual awards program to date.”
“The Business Integration Journal Awards 2003 recognition validates the
integrity of the BusinessWare platform and provides customers with an industry
barometer from which to base their selection decisions regarding business process
integration solutions,” said Dale Skeen, chief technology officer, Vitria.
“Providing our customers with the platform and solutions they need to
run their business and compete successfully is at the heart of our company.”
About The Awards
Established in 1999, the Business Integration Journal Awards recognize excellence
in enterprise integration technologies. As in previous years, the judging panel
of the 2003 awards consisted of top industry analysts who looked for products
and solutions that, in their opinion, demonstrated innovation, maturity, and
market impact in 2002. Judges were free to use their expertise and market knowledge,
as well as the information provided on the award submission forms. More at www.bijonline.com/awards2003.
About BusinessWare
Vitria's BusinessWare? is a business process integration platform that orchestrates
interactions across a company's existing applications, data, people and partners
to continuously improve one or more strategic business processes. BusinessWare
gives companies complete control and visibility of their business operations
across their extended enterprise, enabling them to improve the efficiency of
their business operations, reduce time to market for new products and services,
develop closer relationships with their partners and customers, and rapidly
respond to changing business conditions. The proven BusinessWare solution was
the industry's first platform for business process-centric integration and is
widely recognized as the most flexible and powerful solution available, adopted
by more than 500 customers and partners in a broad range of industries.
About Vitria
Vitria Technology, Inc. (Nasdaq:VITR), a leading provider of business process integration products and solutions, combines technology leadership with industry expertise in healthcare and insurance, telecommunications, manufacturing and financial services to dramatically improve strategic business processes across systems, people and trading partners. These solutions are built on the award-winning BusinessWare™ Enterprise Business Process Management suite. With offices around the world, Vitria's customer base includes blue chip companies such as AT&T, Bell Canada, BellSouth, Blue Cross Blue Shield Association, BP, BT, DaimlerChrysler Leasing, Generali, Nissan, PacifiCare Health Systems, Reynolds & Reynolds, RBC Financial Group, Sprint, U.S. Department of Defense and Veterans Health Administration. For more information call +1-408-212-2700, info@vitria.com or visit www.vitria.com.
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Vitria and BusinessWare are registered trademarks of Vitria Technology, Inc. All other names may be trademarks of the companies with which they are associated.
Cautionary Note Regarding Forward-looking Statements: This press release includes forward-looking statements, including statements relating to new products, goals and future business opportunities that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to: failure to meet financial and product expectations of analysts and investors: risk related to market acceptance of Vitria's products and alliance partners' products; deployment delays or errors associated with these and other products of Vitria and partners; hardware platform incompatibilities; the need to maintain and enhance certain business relationships with system integrators and other parties; the ability to manage growth; activities by Vitria and others regarding protection of proprietary information; release of competitive products and other actions by competitors; risks associated with possible delisting from the stock market on which Vitria's securities are listed; and economic conditions in domestic and foreign markets. These and other risks related to Vitria are detailed in Vitria's Annual Report on Form 10-K for the year ended Dec. 31, 2003, filed with the SEC on March 12, 2004. Vitria does not undertake an obligation to update forward-looking statements.
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