Systinet Announces WASP Server for Java, 4.7.

Business Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Jan. 20, 2004

WASP Provides Unrivalled, Validated Support for XML Schemas, Fully

Integrated Security and Load Balancing

Systinet, the leading independent Web services software company, today announced the availability of Systinet WASP Server for Java, 4.7, the award-winning Web services infrastructure platform that provides a complete solution for developing and deploying enterprise Web services applications. WASP Server for Java, 4.7 makes it possible, for the first time, to deploy Web services in critical business projects that demand proven reliability and security and that require seamless integration at both the application and data levels.

WASP Server for Java, 4.7 provides unique functionality for data integration with the industry's broadest support for XML Schema definitions, including FpML, OFX, ACORD, Parlay and HL7. For developers, this means they can deploy Web services applications and can confidently rely on WASP to validate XML data formats and values according to the rules encapsulated in the XML Schema. This makes the developer more productive and eliminates errors and inconsistencies.

"Systinet WASP makes it very easy to integrate at the application and data levels using entirely standards-based technology," said Roman Stanek, founder and CEO, Systinet Corporation. "The latest release of WASP extends our standards support to include a wide range of XML Schema, simplifying and automating data integration challenges. WASP can be deployed with confidence to solve business integration challenges where service reliability is critical."

"There are two sides to the integration coin: application integration and data or information integration," said Jason Bloomberg, Senior Analyst, ZapThink LLC. "Web services and service-oriented architectures (SOAs) primarily solve application integration problems, and Systinet has long been a leader in the service-oriented application integration space. With today's announcement, Systinet stakes its claim in the data integration market, providing tools that will help companies in several industries apply their Web services and SOA investments to resolving their more challenging data integration problems."

New Features in 4.7

Systinet WASP (Web Applications and Services Platform) Server for Java, 4.7 is a modular, easy-to-use, high-performance Web services runtime environment for creating, deploying and managing Web services in Java and J2EE applications. New features in the 4.7 release include:

-- Industry's Strongest Support for Data Integration Using XML

Schema

Using WASP's highly flexible serialization engine, users can map any Java type to the selected XML Schema, and vise-versa. WASP supports all XML Schema types, and has fully verified and tested support for the following widely-used industry-specific XML Schema:

-- FpML (Financial products Markup Language): The

industry-standard protocol for complex financial

products. WASP supports all versions of the

schema;

-- OFX (Open Financial Exchange): Simplifies the

exchange of financial data between consumers and

small businesses, enabling transactional,

permissive, data feed driven Web sites, thin

clients and personal financial software. WASP

supports the latest version 2.0.1 of the

specification;

-- ACORD: Develops and maintains various electronic

standards for the insurance, reinsurance and

related financial services industries. ACORD

Standards encompass Life & Annuity, Property &

Casualty and Reinsurance industry segments.

Systinet WASP supports the full suite of ACORD XML

Schema;

-- Parlay: Developed for the telecommunication

industry, Parlay and the Parlay-X Web Services

specification are fully supported by WASP; and

-- HL7: With over 2,000 members drawn from the

healthcare industry, HL7 has created a

comprehensive framework and related standards for

the exchange, integration, sharing, and retrieval

of electronic health information that supports

clinical practice and the management, delivery and

evaluation of health services. WASP supports all

HL7 XML Schema.

-- Integrated Security with J2EE Application Servers

Systinet WASP's multi-mechanism security framework supports a wide variety of encryption, authorization and authentication systems. Systinet WASP Server for Java, 4.7 also offers new features designed specifically for enterprise deployments, including the ability to integrate more closely with the existing security infrastructure of any supported J2EE Application Server. Supported platforms include BEA WebLogic, IBM WebSphere, and Sun ONE Application Server, among others. WASP can share security identity definitions with the J2EE server, so the same identities are used for access control with both J2EE components and Web services.

-- Integrated Load Balancing with Cisco Local Director and J2EE

Application Servers

For applications that demand high reliability, Systinet WASP Server for Java, 4.7 can be clustered using J2EE servers clustering technologies and load balanced using Cisco LocalDirector or any existing load balancing infrastructure available for J2EE application servers.

Systinet WASP Server for Java has received numerous awards, including two consecutive eWEEK Analysts Choice awards in 2002 and 2003, where is was described as "providing the most comprehensive set of tools for developing, securing and managing Web services that eWEEK Labs has seen."

About Systinet Corporation

Systinet provides Web services infrastructure software. Systinet's products make it easy for enterprises and ISVs to build, deploy, secure and manage Web services. The Systinet WASP suite of products is based on industry-standards such as XML, SOAP, WSDL and UDDI. WASP products are available for Java and C++, interoperate seamlessly with other Web services implementations such as Microsoft .NET, and are portable across a wide variety of platforms and servers. With over 40,000 registered users and hundreds of live deployments, Systinet's clients include Amazon.com (Nasdaq: AMZN), Deutsche Telekom (NYSE: DT), FileNet (Nasdaq: FILE), Interwoven (Nasdaq: IWOV), JP Morgan (NYSE: JPM), Mercator (Nasdaq: MCTR), and SAIC. Headquartered in Cambridge, MA, Systinet is a privately-held company with over 95 employees. In March 2002, Systinet announced venture funding from Warburg Pincus.

To find out how Systinet can help your business, visit http://www.systinet.com, call 1-617-868-2224, or email us at [e-mail].