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Newview Technologies Announces Availability of SupplyNetwork
with BEA WebLogic Platform 8.1

Newview offers scalable solution that delivers Direct Material Cost Reduction with BEA

Fort Worth, Texas — September 15, 2003 — Newview Technologies, the leading provider of raw material specification and procurement solutions, announced today the availability of Newview's SupplyNetwork product certified on the BEA WebLogic Enterprise Platform™. The new offering provides scalability and Web services standards that make it easier to launch comprehensive multi-enterprise processes and supplier networks. Today's announcement supports the recent availability of BEA WebLogic Platform 8.1, an integrated platform that provides superior business integration through the convergence of application development and integration, from BEA Systems, Inc. (Nasdaq: BEAS), the world's leading application infrastructure software company.

Newview helps leading industrial sector companies identify and realize significant reductions in direct material costs with a more effective flow of information between product development, procurement and with suppliers. Together, Newview and BEA can provide customers the ability to organize and compare material content of parts, and then automate sourcing and procurement transactions with large-scale supplier networks. Customers who adopt the new combined offering can benefit from Newview's business features - such as the ability to compare materials, manage complex pricing agreements or coordinate transactions with suppliers - delivered with packaged integration and web services standards. Additionally, Newview and BEA are working together to develop a next generation User Interface architecture for Newview's solutions that leverages the portal standards delivered with BEA WebLogic Portal™.

"The BEA partnership signifies an important advancement for Newview's architecture," says Paul C. Strzelec, Vice President of Newview. "Newview will continue the effort to combine market leading technical innovation, such as Web services standards delivered by BEA, with our focus on packaging pragmatic solutions for the industrial sector that address direct material and other significant cost burdens."

"Newview has delivered an important solution for the industrial sector that combines an engineer's specification of material attributes with the commercial attributes and transaction support of procurement", said Scott Edgington, vice president and general manager, global software partners, BEA Systems. "Companies can now take advantage of these capabilities deployed on the scale and standards available with BEA WebLogic Platform 8.1, and we look forward to working closely with Newview on future releases."

To learn more about how Newview addresses key industry process areas visit www.newview.com/solutions and read value driven case studies at www.newview.com/resources/case_studies.html.

About Newview
Newview Technologies Inc. develops direct material specification and procurement solutions that connect Product Development and Procurement. Companies that select Newview are able to create cost advantages by bringing visibility and control to raw materials and standard components. Built on Newview's flexible Network Business Process Architecture™, these solutions are easily configurable, work with existing business applications and can be deployed in 90 days.

Founded in September 1998, Newview Technologies, Inc. is headquartered in Fort Worth, Texas and delivers value for customers that include Ford Motor Company and BHP Steel. The company is supported by strategic investors led by Goldman, Sachs & Co; Kleiner Perkins Caufield & Byers; Bessemer Venture Partners and Greylock.

Legal Notice Regarding Forward-Looking Statements

Some of the statements in this press release are forward-looking, including the statements regarding the plans, goals, completion, implementation, benefits, and details of the relationship between BEA and ("Global Partner"); the development efforts, product delivery and other goals related to this relationship; and the features and benefits of BEA's and Global Partner's products. Actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties that could cause results to differ materially include risks associated with: any unforeseen technical difficulties related to the development and optimization BEA's or Global Partner's products; the timing of additional investments of resources by BEA and Global Partner related to any joint initiatives; and any software errors related to BEA's or Global Partner's products or the integration thereof. Readers should also refer to the risk disclosures set forth in BEA's 10-Q for the quarter ended April 30, 2003 as filed with the SEC and subsequent reports filed thereafter by BEA from time-to-time with the SEC. The forward-looking statements contained in this release are made as of the date hereof, and BEA does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements.

Newview is a trademark of Newview Technologies Inc. All other trademarks are the property of their respective owners.

BEA, Tuxedo, and WebLogic are registered trademarks and BEA WebLogic Enterprise Platform and BEA WebLogic Platform are trademarks of BEA Systems, Inc. All other company and product names may be the subject of intellectual property rights reserved by third parties.

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For More Information:
Gari Phillips
Newview Technologies Inc.
109 East 3rd Street
Suite 325
Fort Worth, TX 76102
PR@newview.com
Phone: (817) 335-0300
Fax: (817) 335-1556

 

 


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