Catalogue Management Software Expands Company’s
eCommerce Trading Exchange Services
Auckland -- August 28, 2001 - PeopleSoft Inc. (Nasdaq: PSFT) today announced it has acquired the intellectual property
and certain assets of Cohera Inc. With the acquisition, PeopleSoft combines Cohera’s sophisticated Catalogue Management
and content integration software with its industry-leading sales side and buy side collaborative applications. The
combined solution will be the first to dramatically streamline customers’ procurement and sales processes, improve
customer service, and reduce costs.
The solution is the first to enable both purchasing and merchandising professionals to create and manage sophisticated
catalogues for buying and selling goods and services over the internet. In addition, customers can extend this business
process to their suppliers. The solution enables suppliers to load product information into a customer’s catalogue
themselves, freeing the customer’s purchasing department from this time-consuming task.
“For effective collaboration, businesses need to easily integrate content from many different sources into the
applications,” said Ram Gupta, PeopleSoft Executive Vice President of Products and Technology. “Until now, such
integration has been a problem for customers. By integrating Cohera’s solution with PeopleSoft’s collaborative
applications, PeopleSoft is setting a new standard in private trading-exchange services.”
Commenting on the solution, Andrew Barkla, Vice President Asia Pacific, PeopleSoft said, “Providing eBusinesses with the
ability to streamline their procurement and sales processes is extremely valuable, and enables us to deliver our
customers a solution which will make a real difference to their trading operations. It’s accessible from any device with
a web browser, and delivers powerful information to managers, upon which quick and informed business decisions can be
AirClic Inc., a wireless information solutions company based in Blue Bell, Pennsylvania, will realise immediate value
from implementing the new system. “We are purchasing PeopleSoft’s Cohera Catalogue Management System to solve the
complexity of combining catalogue information from a wide variety of product and service providers,” said Suren Gupta,
AirClic Executive Vice President of Technology. “The new eCommerce solution will allow us to easily integrate
information from different formats and sources quickly and accurately, saving us time and giving our customers the
“PeopleSoft continues to demonstrate that it is adept at finding the right mix of partnerships, acquisitions, and
internal development,” said Bob Parker, Vice President, B2E Commerce Strategies, at AMR Research Inc. “The product
content management capability picked up with the acquisition of Cohera, combined with the new functionality developed,
earns PeopleSoft definite consideration for users looking to build a Private Trading Exchange, whether they are existing
PeopleSoft users or not.”
To support its catalogue content integration initiative, PeopleSoft has created a network of leading content service
partners, including: ADX-Advanced Data Exchange, British Telecom, Commerce One, eScout, EssentialMarkets, Metacat,
Redknife, SPS Commerce, TPN Register, VerticalNet, and Zycus. PeopleSoft’s open architecture, combined with the
offerings of these companies, will allow customers to create and adopt new content, access catalogue information across
networks regardless of its format, and manage complete supplier content relationships.
“Having an open approach to catalogue content management -- particularly one that will appreciate the differences
between a buy side and sell side environment -- is a key differentiation in today's market,” said David Yockelson,
Senior Vice President, Electronic Business Strategies, at META Group. “A flexible catalogue environment enables
customers to adopt solutions that work for their enterprises rapidly; moreover, it can provide low risk, given the
constant change that is a staple of today's content market.”
PeopleSoft’s acquisition of the intellectual property and certain assets of Cohera was a cash transaction completed on
July 23, 2001. Cohera was a privately held company.
PeopleSoft Inc. (Nasdaq: PSFT) is a world leader in providing eBusiness applications that enable people - customers,
suppliers, and employees - to power the internet. PeopleSoft’s pure internet Customer Relationship Management, Supply
Chain Management, and Enterprise management solutions provide the industry’s most open and flexible e-commerce platform.
PeopleSoft employs more than 8,500 people worldwide, including 2,500 eBusiness consultants. More than 4,700
organisations in 107 countries run on PeopleSoft eBusiness applications. For more information, visit us at
PeopleSoft began operations in Asia Pacific in 1993 and now has offices in Sydney, Melbourne, Canberra, Perth, Brisbane,
Adelaide, Auckland, Wellington, Singapore, Hong Kong and Malaysia. Its customers include AAP, AMP, ANZ, Australian
National University, Australian Stock Exchange, Bangkok General Hospital, Coles Myer, Department of Defence, Eastern
Energy, Ford, Foxtel, Government of Singapore Investments Corporation, HSBC Holdings, John Fairfax Holdings, Mass
Transit Railway Corporation (MTRC) Hong Kong, National Mutual Health Insurance, NZ Police, NZ Post, UNITEC, Reserve Bank
of Australia, Reding Paper Products, Transfield Pty Ltd, University of NSW, Hewlett-Packard, Citibank, AMD, DBS Bank,
PSA Corporation, Singapore Ministry of Finance, Morrison Express, Singtel, Starhub, Tenaga Nasional, Telekom Malaysia
and Swire Properties.
PeopleSoft and the PeopleSoft logo are registered trademarks. All other company and product names may be trademarks of
their respective owners. Copyright © 2001 PeopleSoft, Inc. All rights reserved.