infoWEB 5.2 Meets Enterprise Requirements for Cost-Effective and Automated Management, Routing, Distribution, and Re-Purposing of Critical Business Information
TORONTO, Ontario, November 16, 2005 - Xenos Group, Inc. (TSX: XNS), a leading provider of solutions that automate processing and delivery of data and documents, today announced availability of a new release of infoWEB that extends the solution's market-proven enterprise report delivery functionality with a broad range of new features to enable cost-effective document, e-forms, and scanned image management. The solution, Xenos infoWEB 5.2, supports versioning, annotation, and metadata, and also offers a powerful workflow engine to automate internal routing of critical business information. Xenos infoWEB 5.2 also offers a single interface that features a consolidated view to stored reports across multiple instances of the solution.
"By bundling report delivery with a full suite of document and e-forms management features in a single, centrally managed, and cost-effective solution, infoWEB 5.2 delivers large and small companies alike the critical capabilities they need to optimize the flow of actionable business information across the organization," said Steve Jones, director of product management for Xenos infoWEB. "infoWEB simplifies optimization of processes ranging from operational reporting to regulatory compliance and auditing, and from employee enrollment to business policy creation."
With print stream and XML transformation capabilities, infoWEB 5.2 can bring new life to otherwise static information, capturing, manipulating, and processing data from reports, documents, images, and e-forms and pushing that data directly into back-office systems. infoWEB's Web Services interface also allows organizations to rapidly extend the delivery and availability of business information beyond the enterprise through existing corporate portals. Because infoWEB 5.2 supports hot deployment, new projects can be evaluated on a test platform and then deployed seamlessly to production systems.
"Originally developed in 1998 as an electronic delivery tool to reduce the need for paper reports, infoWEB's functionality has been steadily enhanced to reflect the changing needs of the marketplace," said Lee Garrison vice president of marketing at Xenos. "With the release of version 5.2, infoWEB emerges as a world-class enterprise report and document management solution, delivering the features today's companies need to implement processes that enable them to achieve competitive advantage, meet compliance requirements, and streamline operational overhead."
Xenos has provided data and document management solutions for over 20 years. Its solutions are embraced worldwide, across a wide variety of industries, including healthcare, financial services and government. Xenos improves the efficiency of information and data management while preserving investments in existing IT infrastructure, systems, applications and procedures. Its solutions provide the capture, composition, transformation, enhancement, repurposing, storage, retrieval and distribution of documents across the enterprise. Xenos' data solutions are used to integrate incompatible applications, business processes, enterprise systems, partners, structured data, databases and Web services. Its product offering includes Xenos d2e, Xenos infoWEB and Xenos GoXML. Xenos has offices in Canada, the United States, the United Kingdom and France. Xenos trades on the Toronto Stock Exchange under the trading symbol "XNS." For more information visit www.xenos.com.
Any forward-looking statements that may be contained in this press release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. The Company cautions you not to place undue reliance upon any such forward-looking statements, which speak only as of the date made and constitute the Company's current intentions, hopes, beliefs, expectations or predictions of the future, which are therefore inherently subject to risks and uncertainties. Forward-looking statements are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.
Editorial Contacts:
Heidi Rosenberg
Nadel Phelan, Inc.
+1 831-440-2405
heidi@naelphelan.com
Investor Relations Contact:
Cory Pala
Xenos Group, Inc.
+1 416-657-2400
cpala@xenos.com