Bluestone Software Selects Industry Luminary Anthony I. Wasserman to Open West Coast Labs; Internationally Recognized Expert in Software Development Tools and Methods to Elevate Bluestone's Market Leadership as Head of R&D Facility in Silicon Valley.Business Editors/Hi-Tech Writers NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com PHILADELPHIA--(BUSINESS WIRE)--April 24, 2000 Bluestone bluestone, common name for the blue, crystalline heptahydrate of cupric sulfate called chalcanthite, a minor ore of copper. It also refers to a fine-grained, light to dark colored blue-gray sandstone. (R) Software, Inc. (Nasdaq: BLSW), a leading provider of Enterprise Interaction Management software, today announced the appointment of industry luminary Anthony I. Wasserman as vice president of West Coast Labs. With Wasserman heading its new Redwood Shores, California-based lab, Bluestone gains a senior executive with the proven business and technology talents needed to reinforce Bluestone's industry leadership position with a physical research and development facility in Silicon Valley. Wasserman's corporate and academic background confirms him as a respected software veteran who can accelerate Bluestone's assimilation Assimilation The absorption of stock by the public from a new issue. Notes: Underwriters hope to sell all of a new issue to the public. See also: Issuer, Underwriting Assimilation and promotion of cutting-edge technologies via the West Coast Labs. A pioneer in software modeling and an architect of the ground-breaking Software Through Pictures modeling environment, Wasserman has also led engineering of complex, e-business Websites built on J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems. (Java 2 Platform, Enterprise Edition (language, programming) Java 2 Platform, Enterprise Edition - (J2EE) Sun's Java platform for multi-tier server-oriented enterprise applications. The basis of J2EE is Enterprise JavaBeans (EJB). See also the Standard edition J2SE and the Micro edition J2ME. ) technologies for a venture capital-funded "dot com dot com - com " start-up. Wasserman supplements his commercial successes with academic achievements, both as Ph.D. in computer sciences and as a professor at the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). . "Tony knows technology, and he knows technology-driven business. That make him the perfect person to head our Silicon Valley presence," said Bob Bickel, executive technology officer at Bluestone Software. "Under Tony's lead, the West Coast Labs puts us that much closer to our Silicon Valley partners and the technologies they're developing. A daily presence in the Valley will enhance our ability to keep our fingers on the pulse of the market and the technologies." Added Wasserman, "Bluestone's expansion to the West Coast reaffirms its position as a market leader, which is a key reason I signed on with the company. I've spent my career making powerful computer systems easier to use, and Bluestone is doing exactly that with its Total-e-Business solutions. Bluestone shares my passion for leading an industry rather than following, and its success as a well-established company with a real customer base, real revenues, and real products demonstrates that what we offer is valued by the industry at large. As we establish ourselves in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay , Bluestone brings that passion to the heart of the Valley." About Bluestone Software Bluestone(R) Software, Inc. is a leading provider of Enterprise Interaction Management software. Companies deploying e-business applications, like Avnet, CDNow, Food.com, MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. WorldCom, Reliance National, Planalytics, Inc. (formerly Strategic Weather Services), and Time Inc., rely on Bluestone Total-e-Business(TM), Bluestone Sapphire/Web(R), and Bluestone XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. Suite(TM) to provide comprehensive e-business platforms, Internet-class infrastructures, and robust integration services that e-business success demands. Bluestone is headquartered at 300 Stevens Drive, Philadelphia, Pennsylvania, 19113-1597. For more information, please call 888-Bluestone or 610-915-5000, email info@bluestone.com, or visit http://www.bluestone.com. Bluestone and Sapphire/Web are registered trademarks, and Total-e-Business and Bluestone XML Suite are trademarks of Bluestone Software, Inc. Certain statements in this press release constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward looking statements involve known and unknown risks, uncertainties and other factors, including those contained in Bluestone's publicly filed reports with the Securities and Exchange Commission, which may cause Bluestone's actual results, performance, or achievements or those of its customers or its industry to be materially different from the future results, performance or achievements expressed or implied by these forward looking statements. Specifically, the Company's beliefs with respect to the business opportunities presented by e-business and the Company's ability to profitably market and deploy its product solutions may prove to be inaccurate. In light of the significant uncertainties inherent in these forward looking statements, the information in this press release should not be considered a representation by the Company or any other person that Bluestone's objectives and plans will be achieved. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.042400/bb3 |
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