Collaborative Applications: the Future of Integration; Vitria Announces Five New Applications for Integration.

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 25, 2002

Vitria (Nasdaq:VITR), the leading provider of innovative integration solutions, today announced a new family of products, Vitria Collaborative Applications (VCAs). These applications are pre-built configurable solutions for solving common recurring integration problems by managing collaborative processes within and across enterprises.

"Given the choice, customers would rather buy than build solutions -- Vitria is the first to give them that option for integration," said Dale Skeen, chief technology officer, Vitria. "With the introduction of our collaborative applications, Vitria is changing the way the integration game is played. This is a major step forward in the maturation of the integration industry."

Leading analysts and surveys agree that integration is a top concern of CIOs, but typically integration projects are complex, costly and time-consuming. Integration software traditionally has been delivered as a set of platforms and toolsets with custom coding required to meet specific customer needs.

"Customers want business solutions and without the benefit of an out-of-the-box application, they often struggle to achieve immediate operational return with integration technology," said Tyler McDaniel, director, Hurwitz Group. "Vitria is capitalizing on its process technology to deliver higher value solutions to customers, which will be essential for keeping an edge in 2002."

About Vitria Collaborative Applications

VCAs, which are built on and leverage Vitria's integration platform, BusinessWare, provide out-of the-box solutions for problems that are collaborative in nature.

For example, global straight through processing (GSTP) is a collaboration problem that requires companies in the financial services value chain to work together to reduce the time and cost of trading securities. To do this, complex processes that manage the flow of information between investment managers, broker/dealers and custodian banks to support securities trading, allocation and settlement must be automated. In addition to automating these process flows, each of these companies must manage data that is stored in many different vocabularies or formats including SWIFT, FIX and GSTP XML. And, each company needs to track and analyze key metrics associated with the process flows to identify and eliminate bottlenecks and errors reduce cycle times, track order status and better manage risk.

Vitria is uniquely able to provide applications to solve such problems due to its strengths in business process management, vocabulary management and process intelligence. All of Vitria's new collaborative applications leverage these capabilities. The VCA family of products includes:

-- VCA for CIM Synchronization* is a horizontal application for connecting
commonly used enterprise applications such as Oracle, Peoplesoft, SAP and
Siebel

-- VCA for HIPAA 2.0 for the healthcare and insurance industries

-- VCA for GSTP 2.0 for financial markets

-- VCA for Demand Management for manufacturers

-- VCA for Outage Management for utilities companies

Vitria is also working with partners to develop additional collaborative applications to run on the BusinessWare platform.

The VCA solutions allow customers to streamline collaborative business processes across the value chain by automating end-to-end business processes and integrating underlying information systems and partners. This enables companies to manage their business in real time, resulting in decreased order cycle time, reduced time-to market for new products and increased customer lifetime value.

"Collaborative applications are the next logical step in the advancement of integration. They are the killer apps for integration," said JoMei Chang, president and CEO, Vitria. "With standards such as J2EE and WebServices simplifying the tactical plumbing layer of integration, companies can more quickly leverage integration at the strategic process layer and gain a competitive advantage through collaborative applications that enable them to run their businesses more efficiently and effectively."

About Vitria

Vitria Technology, Inc. (Nasdaq:VITR) is the leading provider of innovative integration solutions. The company created the enterprise application integration market in 1994, pioneered the use of business process management in 1997 and is now the first to solve integration challenges through collaborative applications. With 35 offices around the world, Vitria's customer base includes such companies as Bell South, The Blue Cross Blue Shield Association, BP, DaimlerChrysler Bank, Dana, Generali, The Goodyear Tire & Rubber Company, PacifiCare Health Systems, Reynolds & Reynolds, Schneider Logistics, Sprint, Trane, and Trans Union, and The United States' Departments of Defense and Veteran's Affairs. For more information call 408/212-2700, email [e-mail] or visit www.vitria.com

*Note to Editors: See related press releases on VCA for CIM Synchronization issued separately today.

This press release includes forward-looking statements, including statements relating to future revenue growth, goals and future business opportunities that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, failure to meet financial and product expectations of analysts and investors, risk as related to market acceptance of Vitria's product and alliance partner's products, deployment delays or errors associated with these and new products of Vitria and partners, hardware platform incompatibilities, need to maintain and enhance certain business relationships with system integrators and other parties, ability to manage growth, activities by Vitria and others regarding protection of proprietary information, release of competitive products and other actions by competitors and economic conditions in either domestic or foreign markets. These and other risks related to Vitria are detailed in Vitria's Annual Report on Form 10-K for the year ended Dec. 31, 2000, filed with the SEC on March 29, 2001, and in Vitria's quarterly reports on Form 10-Q as filed with the SEC. The final decisions regarding specific features, pricing, and availability of the products mentioned in the press release are to be determined at the sole discretion of the Company. Vitria does not undertake an obligation to update forward-looking statements.