BroadVision Inc. BVSNQ

BroadVision and Tech Tree IT Join Forces

[alpenland]

BroadVision and Tech Tree IT Join Forces Monday April 2, 9:00 am ET e-Business Innovator and Global IT Services Company Partner to Deliver Travel, Banking and Other Solutions REDWOOD CITY, Calif.--(BUSINESS WIRE)--BroadVision, Inc., (Pink Sheets: BVSN - News) a global provider of e-Business solutions, together with TechTree IT Systems a Global IT Services Company, has announced that the companies have entered into a strategic partnership. ADVERTISEMENT TechTree IT will be focusing on developing components for the travel industry and is already working with one of the country's leading travel company. The new travel solution will be built on the BroadVision Kona platform and will have an array of dynamic, configurable components to reduce the cycle time in launching new travel related products, which remains the central theme of a successful travel portal. These flexible features will reduce the time to market and provide agility in administration, the outcome of which will help the customer to focus on their core business processes. TechTree IT will enhance its other service offerings by building solutions around the BroadVision Kona platform to deliver to both existing and new customers. Leveraging a dedicated team of over 80 BroadVision expert consultants on staff, TechTree IT is poised to expand it's e-business practice. TechTree IT has implemented high quality, reliable and cost-effective IT services to clients around the globe and is the largest implementer of e-business solutions using BroadVision in India, ASEAN, and Middle Eastern regions. In the recent past TechTree IT along with BroadVision India successfully implemented an Internet Securities Trading (IST) solution for their customer Standard Chartered Bank, Hong Kong. The solution offers stock trading features as an added facility to the Internet Banking customers. This brings the self service concept to the customers who are used to the existing Trading system operated through call canters. The solution will eventually be replicated across regions like Singapore, India and Korea VC where Securities Trading & Internet applications have been identified as strategic to 2007 deliverables for Private Banking. "We are pleased to be partnering with a TechTree IT," said Dr. Pehong Chen, CEO of BroadVision. "The agility of the Kona platform makes building differentiated e-business applications quick and efficient. Out joint customers will be able to deploy a myriad of solutions in a fraction of the time using a set of open, flexible and configurable services. I look forward to a fruitful partnership." "As the e-business ecosystem is growing stronger and entering the next wave of growth, this strategic partnership gives us what we need to meet customer demands. Complemented with BroadVision's strong Kona platform and TechTree IT's integrated services network, I am sure we will provide highly effective solutions to customers seeking best-of-breed applications," added Rahul Lal, CEO, TechTree IT Systems. About TechTree IT Systems P. Ltd TechTree IT is a Global IT Services company with offices in India and the US. It has a portfolio of clients which include names such as Indian Railways, Godrej, Malayalam Manorama, Standard Chartered Bank, Maybank, STC and others. Their array of services include Application Development, Application Maintenance, e-Business, Education Services, Migration Services & BPO services in various industry segments like Travel and Tourism, Banking & Finance, Media & Publication, Manufacturing etc. For more information about TechTree IT Systems, email [e-mail] or visit www.techtreeit.com. About BroadVision Driving innovation since 1993, BroadVision is a global provider of e-business solutions. Our modular applications and agile toolsets, built on a robust framework for personalization and self-service, power mission-critical web initiatives that deliver unparalleled value to diverse customers worldwide. Hundreds of organizations, serving over 50 million registered users - including Audible.com, Baker Hughes, Cardinal Health, Citibank, Hilti, Japan Airlines, Renault, Sears, Sony, Standard Chartered Bank, Vodafone, U.S. Air Force, Yomiuri Shinbun and Xerox - rely on BroadVision as their platform of choice for e-business. For more information about BroadVision, Inc., email [e-mail] or visit www.broadvision.com. BroadVision, BroadVision Portal, and BroadVision Process are trademarks or registered trademarks of BroadVision, Inc. in the United States and other countries. Contact: BroadVision, Inc. Lisa Joy Rosner, 650-331-3297 [e-mail]