Alexandria, Va

Alexandria, Va., February 26, 2002 - The ANSI Accredited Standards Committee (ASC) X12 met this month in conjunction with international standards organizations that included the eBusiness Transition Working Group (eBTWG), the Techniques & Methodologies Working Group (TMWG), the Interactive Financial Exchange (IFX) Forum, and the Utility Industry Group. While each group worked diligently on their respective tasks, this setting provided ample opportunity for enabling information sharing with numerous industry initiatives developing e-business data standards in such formats as X12 and Extensible Markup Language (XML).

"The eBTWG and ASC X12 bring complementary areas of expertise to the table," said Klaus-Dieter Naujok, eBTWG and TMWG Chair. "The eBTWG defines the "how" for establishing global eBusiness standards, while ASC X12 defines the actual content of the standard. Co-locating our meetings enabled the international technology specialists to interact with the business content experts in X12."

The eBTWG, created in July 2001 by the UN/CEFACT Steering Group (CSG), is continuing the development of the global Electronic Business XML (ebXML) standards as related to the business processes and content for e-business. The TMWG researches and identifies techniques and methodologies that could be utilized by UN/CEFACT and its working groups to enhance the process by which its deliverables are produced and integrated. ASC X12, which offers strong support to continue contributing to the international community's core component discovery, analysis and harmonization work, is participating on a level equal to that of the original ebXML initiative.

ASC X12 was also pleased to host its meeting in conjunction with the IFX Forum meeting. The IFX Forum develops robust XML specifications, global business requirements and implementation guidelines for electronic business-to-business exchange of data among financial institutions around the world. To foster communication in the financial standards community, the IFX Forum hosted a successful joint reception with the ASC X12 Finance Subcommittee. In addition, the ASC X12 Finance Subcommittee appointed a liaison to encourage information sharing between the two groups.

"We are pleased to extend the ASC X12 meeting venue to our international partners and other XML industry initiatives in an effort to foster information sharing and collaboration," said ASC X12 Chair David Barkley of Freddie Mac. "We are delighted to hear of UBL's [Unified Business Language initiative] interest to co-locate with our next meeting in June in Minneapolis and welcome others as well."

About ASC X12

The Accredited Standards Committee (ASC) X12, accredited by the American National Standards Institute and comprised of cross-industry representation, develops robust e-business exchange specifications and electronic data interchange standards that interact with a multitude of e-commerce technologies and serve as the premier tool for integrating electronic applications. Through standards setting and active participation in emerging and technically relevant initiatives, ASC X12 facilitates the effective exchange of electronic information. Propelling global e-business, ASC X12 serves as the entry point for the United States into the United Nations/Electronic Data Interchange for Administration, Commerce and Transport (UN/EDIFACT), an international standard relating to the exchange of trade goods and services. To learn more about ASC X12, visit www.x12.org or call 703-837-6155.