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We are very pleased to welcome our colleagues to the International Conference on Next generation Web Services Practices (NWeSP'05) hosted by Chung-Ang University, Seoul, South Korea. NWeSP'05 is a forum which brings together researchers and practitioners specializing on different aspects of Web based information systems. The inaugural conference will bring together the world's most respected authorities on semantic web, Web based services, Web applications, Web enhanced business information systems, e-education specialists, Information security, and other Web related technologies. NWeSP'05 is technically co-sponsored by The International World Wide Web Conference Committee (IW3C2) and is organized in cooperation with the IEEE Computer Society, USA. NWeSP'05 is supported by the IEEE Computer Society's Task force on Electronic Commerce, Technical Committee on Internet and the Technical Committee on Scaleable Computing. Each paper was peer reviewed by at least three or more program committee members and based on the recommendations of the reviewers, 68 regular papers and 10 poster papers were included in the final Program. We would like to thank the NWeSP'05 international program committee and the additional reviewers for providing the reviews in time. Our special thanks also go to all the plenary speakers and tutorial speakers for providing the very interesting and informed talks to catalyze subsequent discussions.