New York, New York and South San Francisco, California – April 12, 2000 — InterWorld Corporation (NASDAQ: INTW), a leading provider of mission-ready e-commerce software solutions, and Actuate® Corporation (NASDAQ: ACTU), the leader in e.Reporting™ for e.Business, today announced a strategic reseller alliance to provide enhanced e-business applications to retailers, manufacturers and distributors with sell-side e-commerce Web sites. The InterWorld-Actuate solution enables businesses to increase sales and enhance customer loyalty based on up-to-the-minute data.
As stated in the agreement, InterWorld will integrate Actuate's e.Reporting solution with its comprehensive suite of out-of-the box e-commerce applications. Companies using the combined solution will be able to deliver personalized, interactive content regarding marketing campaigns to their customers and partners at a B2B sell-side e-commerce Web site.
Today, businesses are regularly overwhelmed with the massive amounts of data being generated through their various sales channels. Even more troubling is the inability for most organizations to sift through this valuable data and use it to their advantage. Utilizing the combined InterWorld-Actuate solution, e-businesses will now be able to better manage and understand Web site traffic, navigation, and purchasing behaviors in order to optimize site performance and enhance their personalized marketing campaigns across the e-commerce supply chain.
"This alliance with Actuate helps strengthen what's often the weakest link in many e-businesses today -- the use of sophisticated and dynamic online e.Reporting, which increasingly is a common solution for B2B Web sites," said Leon DeMaille, senior vice president of marketing, InterWorld. "Our alliance with Actuate lets e-businesses make smarter marketing and operational decisions."
"The Actuate e.Reporting solution can be quickly and easily plugged into the product of strategic resellers such as InterWorld, enabling these companies to more efficiently deploy e-business applications for their customers," said Pete Cittadini, president and COO, Actuate. "Actuate is focused on becoming a part of every B2B application, and will take steps to achieve this goal by building relationships with leading e-business companies such as InterWorld."
About InterWorld Corporation
InterWorldÒ Corporation (NASDAQ: INTW) is a leading provider of mission-ready e-commerce software solutions that enable manufacturers, distributors and retailers to compete and evolve in today's global digital economy. InterWorld's comprehensive, out-of-the-box suite of enterprise-class applications allows businesses to get to market quickly, scale to meet peak transaction volumes and evolve to keep pace with changing market conditions and customer demands. The company's modular and flexible architecture was designed to be open and standards-based. Today, it supports Java, EJB, XML, COM and LDAP. Founded in 1995, InterWorld is headquartered in New York, NY with offices throughout North America, Europe, and Asia-Pacific. InterWorld can be reached at 1-877-326-6637 or http://www.interworld.com
Actuate provides software to more than 3.5 million BIRT developers and OEMs who build scalable, secure solutions that save time and improve brand experience by delivering personalized analytics and insights to over 200 million of their customers, partners and employees. Actuate founded and supports BIRT – the open source IDE – and develops BIRT iHub™ – the world-class deployment platform – to significantly improve productivity of developers working on customer facing applications. Actuate's BIRT Analytics™delivers self-service predictive analytics to enhance customer engagement using Big Data. The Actuate Customer Communication Suite™ empowers organizations to easily transform, process, personalize, archive and deliver high volume content and individualized correspondence. Actuate is headquartered in Silicon Valley with more than 5,000 enterprise customers in financial services, technology and government. Visit actuate.com and developer.actuate.com.
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