iBanx Launches New Subscription-Based B2B Solutions on Documentum 4i eBusiness Platform

New Member of Documentum's ASPire Program Targets Industrial Process Companies

With B2B Exchanges and Maintenance Support Applications



Apr 25, 2001, 01:00 ET from Documentum

    PLEASANTON, Calif., April 25 /PRNewswire/ -- Documentum (Nasdaq:   DCTM),
 the leading enterprise content management provider, today announced that
 iBanx, a provider of B2B and information management solutions for industrial
 process companies, has purchased a subscription license for Documentum 4i
 eBusiness Platform under Documentum's ASPire program. The license will enable
 iBanx to sell, on a usage basis, access to an application based on Documentum
 4i eBusiness Platform that facilitates collaborative content management
 between B2B process industry partners, and that streamlines delivery of key
 technical content that industrial workers need to reduce risk and increase
 efficiency in plant operations.
     "Our applications are unique because they are specifically targeted at
 meeting the information management needs of enterprises in the process
 industries, including chemical, petrochemical, power, oil and gas, and
 pharmaceutical companies," said Patrick Kools, CEO at iBanx. "We see this as a
 burgeoning market and project that by the end of 2002 we will have 7000
 end-users at 30 companies."
     The iBanx application offers process companies an online environment for
 the management of both data as well as technical content such as that found in
 data sheets, construction drawings, and flow charts. Powered Documentum 4i
 eBusiness Platform, the application also facilitates sharing this information
 across the industry chain for periods up to 25 years.
     iBanx selected Documentum 4i eBusiness Platform as the foundation for
 their application because of its reputation in the processing industries.
 "Many of our targeted customers already use this content management platform,
 and if they don't currently do so, they are certainly well aware of its
 reputation for functionality, performance, and scalability," Kools said. "As a
 result, the platform provides us with a significant marketing advantage."
     In addition, iBanx favored Documentum's Aspire Licensing Model, because of
 its availability on a pay-as-you-go basis. "By paying for usage of the content
 management platform that powers our application on the same business model as
 we sell it, we are able to cost-effectively meet our bottomline objectives."
 Kools said.
 
     About iBanx
     Offered on the basis of monthly subscription fees, the service of iBanx
 offers a secure, state-of-the-art, fast track, low risk solution for the
 management of critical documents and data in industrial environments. The
 solution is aimed at the needs of owner/operators of process installations,
 suppliers of complex, high specification industrial equipment, and suppliers
 of engineering, construction and maintenance services. The service model of
 iBanx lays the foundation for effective co-operation across the industry value
 chain, and for the reduction of risks and costs for the associated industrial
 facilities and equipment. For more information, visit www.ibanx.nl.
 
     About Documentum
     Documentum is the industry's leading enterprise content management
 provider, automating the production, exchange and personalization of all types
 of content, making it easier for the Global 2000 to gain competitive advantage
 by connecting employees, business partners and customers, worldwide. Built on
 an Internet-scale, XML-enabled and standards-compliant platform, Documentum
 products manage Web content, power portals, enable collaborative commerce, and
 solve regulatory content challenges. Over 300 partners across all major
 industries, including high tech, pharmaceutical, healthcare, consulting
 services, government, manufacturing, financial services, automotive, retail,
 and consumer goods, build and implement specialized applications using
 Documentum's content management infrastructure.  For more information, visit
 Documentum on the Web at www.documentum.com
     NOTE:  Documentum and the Documentum logo are trademarks or registered
 trademarks of Documentum, Inc. in the US and throughout the world. All other
 company and product names are used for identification purposes only and may be
 trademarks of their respective owners.
     In addition to historical information contained herein, this news release
 contains forward-looking statements that involve risks and uncertainties. The
 company's future actual results could differ materially from the forward-
 looking statements discussed herein. Factors that could cause or contribute to
 such differences include, but are not limited to, those discussed from time to
 time in the company's public reports filed with the Securities and Exchange
 Commission, such as those under "Risk Factors" included in the company's
 annual report on Form 10-K for the fiscal year ended December 31, 1999, as
 well as the company's other public reports filed with the Securities and
 Exchange Commission. The company undertakes no obligation to update or revise
 these forward-looking statements.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X17462168
 
 

SOURCE Documentum
    PLEASANTON, Calif., April 25 /PRNewswire/ -- Documentum (Nasdaq:   DCTM),
 the leading enterprise content management provider, today announced that
 iBanx, a provider of B2B and information management solutions for industrial
 process companies, has purchased a subscription license for Documentum 4i
 eBusiness Platform under Documentum's ASPire program. The license will enable
 iBanx to sell, on a usage basis, access to an application based on Documentum
 4i eBusiness Platform that facilitates collaborative content management
 between B2B process industry partners, and that streamlines delivery of key
 technical content that industrial workers need to reduce risk and increase
 efficiency in plant operations.
     "Our applications are unique because they are specifically targeted at
 meeting the information management needs of enterprises in the process
 industries, including chemical, petrochemical, power, oil and gas, and
 pharmaceutical companies," said Patrick Kools, CEO at iBanx. "We see this as a
 burgeoning market and project that by the end of 2002 we will have 7000
 end-users at 30 companies."
     The iBanx application offers process companies an online environment for
 the management of both data as well as technical content such as that found in
 data sheets, construction drawings, and flow charts. Powered Documentum 4i
 eBusiness Platform, the application also facilitates sharing this information
 across the industry chain for periods up to 25 years.
     iBanx selected Documentum 4i eBusiness Platform as the foundation for
 their application because of its reputation in the processing industries.
 "Many of our targeted customers already use this content management platform,
 and if they don't currently do so, they are certainly well aware of its
 reputation for functionality, performance, and scalability," Kools said. "As a
 result, the platform provides us with a significant marketing advantage."
     In addition, iBanx favored Documentum's Aspire Licensing Model, because of
 its availability on a pay-as-you-go basis. "By paying for usage of the content
 management platform that powers our application on the same business model as
 we sell it, we are able to cost-effectively meet our bottomline objectives."
 Kools said.
 
     About iBanx
     Offered on the basis of monthly subscription fees, the service of iBanx
 offers a secure, state-of-the-art, fast track, low risk solution for the
 management of critical documents and data in industrial environments. The
 solution is aimed at the needs of owner/operators of process installations,
 suppliers of complex, high specification industrial equipment, and suppliers
 of engineering, construction and maintenance services. The service model of
 iBanx lays the foundation for effective co-operation across the industry value
 chain, and for the reduction of risks and costs for the associated industrial
 facilities and equipment. For more information, visit www.ibanx.nl.
 
     About Documentum
     Documentum is the industry's leading enterprise content management
 provider, automating the production, exchange and personalization of all types
 of content, making it easier for the Global 2000 to gain competitive advantage
 by connecting employees, business partners and customers, worldwide. Built on
 an Internet-scale, XML-enabled and standards-compliant platform, Documentum
 products manage Web content, power portals, enable collaborative commerce, and
 solve regulatory content challenges. Over 300 partners across all major
 industries, including high tech, pharmaceutical, healthcare, consulting
 services, government, manufacturing, financial services, automotive, retail,
 and consumer goods, build and implement specialized applications using
 Documentum's content management infrastructure.  For more information, visit
 Documentum on the Web at www.documentum.com
     NOTE:  Documentum and the Documentum logo are trademarks or registered
 trademarks of Documentum, Inc. in the US and throughout the world. All other
 company and product names are used for identification purposes only and may be
 trademarks of their respective owners.
     In addition to historical information contained herein, this news release
 contains forward-looking statements that involve risks and uncertainties. The
 company's future actual results could differ materially from the forward-
 looking statements discussed herein. Factors that could cause or contribute to
 such differences include, but are not limited to, those discussed from time to
 time in the company's public reports filed with the Securities and Exchange
 Commission, such as those under "Risk Factors" included in the company's
 annual report on Form 10-K for the fiscal year ended December 31, 1999, as
 well as the company's other public reports filed with the Securities and
 Exchange Commission. The company undertakes no obligation to update or revise
 these forward-looking statements.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X17462168
 
 SOURCE  Documentum