Interbind, Inc. Helps Companies Quickly and Easily Create, Deploy and Manage Web Services With Launch of IBX 1.0.

Business/Technology Editors

NEW YORK--(BUSINESS WIRE)--May 9, 2001

Fast, Cost-Effective, Scalable XML-Based Solution Helps

Companies Leverage Investments in Existing

Technology Infrastructure

Interbind, Inc., an integrated solutions provider of fast, cost-effective and scalable creation, deployment and management of Web Services, announced today the release of IBX version 1.0. IBX 1.0 is pure Java software that supports Web Services applications in an innovative lightweight architecture. The software can operate as a container for both client and service code in order to extend application logic for use in new Web Services. As a result of a company's need to positively impact margins, time to market and relationships with other participants in its enterprise business network, the adoption of Web Services will be a requirement for all enterprises to be competitive.

Interbind's IBX enables companies to leverage Web Services to support fully-automated relationships across multiple enterprises. This capability marks a significant step forward from the current reliance on disconnected internal systems and manually connected person-browser-system Web applications. IBX delivers on the promise of Web Services quickly and cost-effectively by implementing a proprietary combination of messaging protocols, Web Services integration, data exchange, security and support for open standards. Companies using IBX can easily expose local resources as Web Services and connect to remote Web Services. In addition, IBX supports a "pluggable protocol" architecture allowing companies to implement their choice of communications and messaging protocols through the simple modification of XML templates.

"The broad adoption of XML is allowing a new breed of communication that circumvents many of the interoperability hurdles of the past," commented Harry Blount, senior vice president of Internet Infrastructure Services at Lehman Brothers. "It is our belief that companies focused on enabling this type of interaction will benefit from the tremendous demand for connecting heterogeneous systems."

Interbind IBX 1.0 features:

--Broad support for open standards such as SOAP and XML Schema ensures that Interbind software will interoperate with a wide array of other software products both now and in the future.

--Multiple standard communications protocols (including HTTP and Secure Sockets) provide enterprises with optimal flexibility.

--Use of JMS as a pluggable transport enables easy integration with existing messaging infrastructure.

--Pure Java implementation runs on a wide variety of computing platforms.

--Easy Java-to-XML serialization and deserialization dramatically shortens development time and simplifies translation between multiple data formats.

--Application code can be written in Java or a variety of scripting languages, including JavaScript, VBScript, Python, Tcl and PerlScript.

--XML configuration files and service descriptors are used for rapid development and ease of administration.

"Interbind understands that Web Services will allow the seamless interconnection of all business data, applications and process across the Internet. To meet this demand, we have engineered our product with the notion that inter-enterprise interactions are not only point-to-point, but more importantly will involve multiple enterprises, each of which has made different infrastructure choices and investments," said Geoffrey Smith, CEO of Interbind. "With IBX 1.0, Interbind has created a flexible, secure and cost-effective means for sending, receiving, routing and transforming messages over a business network and has released a key piece to Interbind's integrated solution for making Web Services work."

Pricing and Availability:

Interbind IBX 1.0 is available immediately. Introductory pricing starts at $500 per CPU. For more information, call 866-953-0811 or visit http://www.interbind.com.

About Interbind, Inc.

Interbind, Inc. develops and markets software products to ensure the fast, cost-effective and scalable creation, deployment and management of Web Services. The software allows the seamless interconnection of all business data, applications and process across the Internet. The adoption of Web Services will be a requirement for all enterprises to be competitive as they will positively impact margins, time to market and relationships with other participants in an enterprise's business network.

Interbind, Inc. is privately held and headquartered in New York City.