FOX Translator

Detach

No data currently available.

No data currently available.

TITLE

Durable Goods

Durable goods are just that: hard goods; they don't wear out quickly and can be used over and over again for at least several years. Think your car, TV, refrigerator or computer. These are certainly not disposable, one-time use items.

The opposite of a hard good is (surprise!) a soft good or, if you like, a non-durable good. These are products you use once, like your lunch at McDonald's, the gas in your car and the ugly sweater your grandmother bought you for your birthday. These items have an intended lifespan short of three years, or are consumed immediately.

Investors pay attention to the monthly durable orders report released by the Commerce Department around the end of each month. When durable goods are strong, it means that U.S. manufacturing is humming along, though economists tend to parse the numbers pretty closely. Big-ticket items can skew the overall results, since an order for, say, 75 Boeing 747s has a bigger impact than 75 iPods. Luckily, the data lets economists break down the sectors.

Home / Markets / Industries / Technology

Software AG Elected to the WS-I Board of Directors

 
Comtex
 

RESTON, Va., Apr 28, 2008 (BUSINESS WIRE) ----Software AG, a global leader in business infrastructure software, today announced that the company has been elected to serve on the Board of Directors of the Web Services Interoperability (WS-I) Organization. WS-I is an open coalition of industry groups and end-user organizations that is chartered with advancing Web services interoperability across heterogeneous platforms, operating systems and programming languages. Software AG's Deputy CTO Prasad Yendluri will serve as the company's representative on the WS-I board for the full, two-year term. He had previously served on the board on behalf of webMethods, Inc. for three consecutive terms prior to the company's June 2007 acquisition by Software AG.

"In the simplest language possible, the role of the WS-I is to help ensure that Web services are functional, sustainable and successful. Recognizing the critical importance of this work, Software AG is delighted by our formal elevation to the organization's Board of Directors," said Yendluri. "Software AG has been a strong proponent for the need for open standards linking heterogeneous technologies for nearly forty years. By maintaining an active leadership role in industry discussions surrounding standards adoption, we can work to ensure that our customers benefit fully from their real-world implementation of these standards in the field."

In addition to the WS-I, Software AG is an active participant in a number of other leading standards bodies, including the World Wide Web Consortium (W3C) and OASIS. The company and its affiliates have aided the development and advancement of such important Web services standards as SOAP 1.2, WS-BPEL 2.0, XML Schema, WSDL 2.0, UDDI, WS-Addressing, WS-Transaction, WS-Notification and WS-RX.

WS-I's board of directors is comprised of representatives from 11 companies, including BEA Systems, Fujitsu Ltd., HP, IBM, Intel Corporation, Microsoft Corp., Oracle Corporation, SAP AG, Software AG and Sun Microsystems.

About Prasad Yendluri

As a vice president and Deputy CTO for Software AG, Prasad Yendluri is responsible for industry standards evaluation, oversight and adoption, and related product strategy. Previously, he served as the Principal Architect for webMethods' Office of the Chief Technology Officer and within the company's platform architecture and product strategy group.

Yendluri had been actively involved in a number standards bodies, including W3C, OASIS, WS-I, OMG and JCP, both as an administrative member contact as well as an active member and editor of several SOA works, including the WS-Policy, WS-Addressing, WSDL 2.0, WS-BPEL 2.0 and WS-I Basic Profiles specifications, and expert member of several JAX-* JSRs.

Yendluri is the co-author of several specifications, including WS-MetadataExchange and WS-Discovery, and he has published numerous technical articles in a variety of journals. He is a significant contributor to the UDDI v.2.0 and ebXML messaging service specifications and a lead architect and co-author of the RosettaNet Implementation Frameworks 1.1 and 2.0 specifications.

Yendluri holds a Master of Science in Computer Science from the University of Louisiana and a Bachelor of Science in Electrical Engineering from Madras Institute of Technology.

About WS-I

WS-I is an open, industry organization chartered to promote Web services interoperability across platforms, operating systems, and programming languages. The organization unites a diverse community of Web services companies to provide guidance, recommended practices and supporting resources for developing interoperable Web services. For more information, visit www.ws-i.org or email info@ws-i.org.

About Software AG

Software AG is the world's largest independent provider of Business Infrastructure Software. Our 4,000 global enterprise customers achieve business results faster by modernizing, integrating and automating their IT systems and processes. As a result, they rapidly build measurable business value and meet changing business demands. Based on our solutions, organizations are able to liberate and govern their data, systems, applications, processes and services -- achieving new levels of business flexibility.

Our leading product portfolio includes solutions for high performance data management, developing and modernizing applications, enabling service-oriented architecture, and improving business processes. By combining our technology with industry expertise and best practices experience, our customers improve and differentiate their businesses - faster.

Software AG has almost 40 years of global IT experience and over 3,600 employees serving customers in 70 countries. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW). Software AG posted total revenues of EUR 621 million in 2007.

Software AG - Get There Faster

SOURCE: Software AG

Software AG John Conley
   , Director of Public Relations +1 703-460-5996 John.Conley@SoftwareAG.com or Merritt Group (for Software AG) Jared B. Adams,
   +1 703-390-1530 Adams@MerrittGrp.com 
Copyright Business Wire 2008

Market Snapshot

Symbol Last Price Netchange Volume
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --