Inovis Acquires IPNet Solutions

Offering now includes software, managed services, VAN, professional services and secure Internet-based transactions

Offering now includes software, managed services, VAN, professional services and secure Internet-based transactions

Atlanta and Newport Beach, CA  July 28, 2003  Inovis, a provider of business commerce automation solutions and services, announced today it has acquired IPNet Solutions, an Internet electronic data interchange (EDI) technology provider.

Inovis said the acquisition adds to its range of technology and services for supplier and partner commerce-related activities. The Inovis offering will now include software, managed services, valued-added network (VAN), professional services and secure Internet-based transactions.

Besides developing EDI technology, IPNet also offers the BizManager line of connectivity solutions. Under an existing reseller agreement, Inovis and IPNet said they have partnered with over 150 customers on secure data exchange (INT/EDI) initiatives, including those in retail, technology and automotive manufacturing. Joint customers include K-Swiss, Memorex, Del Monte and Tandy Brands Accessories.

Inovis said the acquisition would enable it to further integrate its own solutions with IPNet technologies and provide AS2 connectivity to the Inovis TrustedLink products for iSeries (AS400), NT, Windows and Unix.

It also allows IPNet to use components in Inovis' product platform and distribution reach.

"After viewing the competition, our thoughts were, and still are, that the Inovis solution is one to two years ahead in functionality, with the ability to do anything we want around UCC standards," said Brian Myatt, EDI development manager, Tandy Brands Accessories Inc. "Today, the combination of Inovis and IPNet provides us with the flexibility to connect with our trading partners using a multitude of connectivity options, most commonly FTP, AS1 and AS2 and the capability to scale across multiple platforms and document types."

"With the acquisition of IPNet, we will pursue the mid-market and those hubs in the adoption phase of AS2," said Jim Schaper, chairman and CEO of Inovis. "IPNet's technology and experience in standards such as AS2 and ebXML complement our existing offering and enable us to provide more functional solutions. Specifically, we can offer customers a package of software and services that provides the flexibility to use our own VAN or the Internet to communicate with suppliers, customers and trading partners."