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October 13, 1998

AGILLION FOUNDED FOR FRONT OFFICE NET APPS

By CBR Staff Writer

Former Tivoli Systems Inc chief Frank Moss’s partnership with ex- BSG Corp chairman Steve Papermaster has yielded another start-up: Agillion Inc, which will provide internet-based ERP services to middle-market companies in the $10m to $500m revenue range. As anticipated (CI No 3,447), Moss’ new Strategic Software Venture LLC group and Papermaster’s Powershift Group have provided seed funding for Agillion which will be based in Powershift’s home town of Austin, Texas. Moss’s idea is to tap skill sets in the Austin and Boston, Massachusetts corridors (where SSV is based) creating what Moss calls a Baustin to focus on emerging network markets such as XML, web EDI and ERP. The two say Agillion will provide key functionality of large customer relationship management, front office and ERP solutions but without the implementation and support costs. They’ll run over TCP/IP. It’s not back-end technology, Papermaster stresses. The two backers will take a more hands-on role in this venture. Papermaster is president and CEO of Agillion, Moss is chairman. Agillion claims it’s not in the application rental business and will build its own solutions from the ground up as well as buying in some technologies. It claims to have work out at alpha sites and will ship product by mid-1999. The 10-person concern is located in Powershift’s offices for now and is hiring. It expects to be double the size by year-end and will disclose more details of funding at that time. It sounds very much like the kind of market the likes of SolutionBank Inc is already milking with great success.

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