Bowstreet Unveils Portlet Factory for IBM WebSphere; Bowstreet Teams Up With IBM to Further Improve the Economics of Building Customized J2EE Portlets.

Business Editors & High-Tech Writers

Symposium/ITxpo 2002

ORLANDO, Fla.--(BUSINESS WIRE)--Oct. 8, 2002

Bowstreet, a pioneer in adaptive Web applications, today announced at Gartner Symposium/ITXPO the availability of Bowstreet(TM) Portlet Factory for IBM WebSphere(R), a new product that further speeds the development of highly adaptive portlets that plug into IBM WebSphere Portal. By bringing ease of use to a new level in J2EE portlet development while preserving its core strengths, this integrated solution addresses the critical challenges companies face as they develop portals.

Enterprise portals are evolving from aggregations of simple content, such as stock quotes and weather, to feature-rich, composite applications made up of an integrated set of portlets and Web services. Bowstreet Portlet Factory provides an extremely cost efficient way to develop a new class of portlets that dynamically adapt to the changing needs of the business and the end-user, while integrating with the IBM WebSphere Portal and WebSphere Studio Workbench.

Companies have already embraced the value of portals as a single view into their corporate assets. To date, these companies have been faced with choosing between packaged portals they can bring to market quickly but require customization or J2EE-based portal frameworks that are more flexible and powerful, and benefit most from highly adaptive portlets. With the introduction of Bowstreet Portlet Factory, development teams can quickly build highly adaptive portlets that integrate with their existing infrastructure thereby achieving the benefits of both types of technology.

"We are pleased to have worked with Bowstreet on its Portlet Factory to introduce a new class of adaptive portlets to the market," stated Larry Bowden, Vice President, IBM Portals Solutions Software Group. "The product has the potential to help IBM WebSphere Portal customers earn a faster return on investment, connect users with a wider range of information, and provide additional flexibility."

Bowstreet continues to innovate in the field of software automation and Web services and has now applied the benefits of its technology to the creation of portlets. Built on the patent-pending technology of Bowstreet Factory 5, the company's flagship product, Bowstreet Portlet Factory streamlines portlet generation by automating the creation of highly adaptive, profile-driven portlets. A typical development team spends nearly 80 percent of its time maintaining and modifying existing applications. By using profiles to change the behavior and presentation of portlets, development teams can now create multiple iterations without the need for costly reprogramming.

"Bowstreet has improved the economics of portal development by providing a framework for building highly-adaptive portlets that can change as quickly as the business," said Frank Moss, Chairman, Bowstreet. "Bowstreet's customers recognize that customization drives user adoption, and that out-of-the-box portlets can't deliver in today's dynamic business environment. By creating adaptive portlets, these companies are able to respond faster to the demands of their customers, partners, and employees."

Bowstreet Portlet Factory represents a milestone in a strategy embarked on 18 months ago -- to deliver innovative products that dramatically reduce the costs and time-to-market of application development while fully leveraging customers' existing J2EE infrastructure. Bowstreet Portlet Factory not only delivers on that goal, but also provides IBM WebSphere Portal with a clear competitive advantage.

Bowstreet Portlet Factory for IBM WebSphere, is available immediately and a free 60-day trial can be found at www.bowstreet.com/portlets.

About Bowstreet

Bowstreet(TM) changes the economics of Web application development and maintenance through its award-winning automation framework and patent-pending reusable software components. With Bowstreet, development teams can rapidly build adaptive portlets, Web Services, or J2EE Web applications that stand-alone or integrate directly into an existing infrastructure. Unlike with traditional RAD tools, Bowstreet-built applications are inherently designed for maximum adaptability allowing for the creation of multiple iterations from a single model without the need for costly reprogramming. The Bowstreet development framework is used by more than 50 companies including Calpine, Cisco, Dupont, GM, John Crane, Northwestern Mutual, and State Street. Bowstreet is headquartered in Portsmouth, New Hampshire and has offices in Chicago, San Francisco, and London. www.bowstreet.com.

Bowstreet is a trademark of Bowstreet, Inc. All other company names and product names may be trademarks or registered trademarks of their respective companies or owners.