Picked up some SBAS at 2 1/2 this morning, primarily because of persistent rumors of S-1 filing for OpenAvenue. Also Linuix related news out:
biz.yahoo.com
Thursday September 9, 11:15 am Eastern Time
Company Press Release
SOURCE: OpenAvenue, Inc.
LinuxBox Joins with OpenAvenue to Create the Leading Portal for Open-Source Development Projects
OpenAvenue Now Becomes the World's Largest Portal Devoted to Hosting and Managing Open-Source and Community-Based Software Development Projects
SCOTTS VALLEY, Calif., Sept. 9 /PRNewswire/ -- OpenAvenue Inc., a privately held, WEB-based company located in Scotts Valley, California, and LinuxBox, a leading hosting facility for open-source projects, today announced that LinuxBox has joined OpenAvenue. LinuxBox has become part of the OpenAvenue portal while still preserving its brand and operational capabilities. In addition, the founders of LinuxBox are joining the OpenAvenue corporate structure in charge of community management for all Linux open-source projects.
``We are confident that this will benefit the open-source community since our site has always been highly supported by the Linux community, but lacked commercial support to make it viable in the long term,' stated Chris Gann, founder of LinuxBox. ``OpenAvenue has deployed what we believe to be a superior infrastructure for our site, providing a more stable environment for our developer and contributor community with increased hosting capacity. Moreover, OpenAvenue and LinuxBox share the belief that software development projects conducted under open-source and community-based licensing are creating a huge transformation in the software industry, a transformation that needs to be supported while it keeps gaining critical mass.'
OpenAvenue (http://www.openavenue.com) hosts application development content provided by individual and corporate content owners, and makes it available to a world-wide community of software developers under open-source, community-based and private licensing. As the projects hosted by LinuxBox (http://www.linuxbox.com) are ncorporated into OpenAvenue and added to the hundreds already in the process of being hosted, the portal becomes the most comprehensive portal in hosting open-source and community based software development projects.
``OpenAvenue will fully support the needs of the Linux open-source community, continually improving the services and support that LinuxBox users have come to enjoy,' stated Jayson Minard, chief technology officer of OpenAvenue. ``In addition, OpenAvenue will make new technologies freely available to the development community to greatly enhance the productivity of open-source development.'
``Open-source has proven itself as a viable vehicle for software innovation and delivery, and in the process has also proven that alternatives such as community-based software projects, which were inspired by open-source, have broad potential as well,' said Carlos Caballero, president of OpenAvenue. ``We want to make sure that the years of pioneering effort that went into making LinuxBox a leader in open-source projects is preserved, and furthermore that the LinuxBox community continues to thrive in the world-class facilities of OpenAvenue. Management anticipates that OpenAvenue will be hosting an abundant array of related projects and applications in the LinuxBox section of the portal.'
OpenAvenue delivers a tightly integrated system sustaining the development cycle from code check-in to running automated builds and tests, providing greater control for the ``owners' of a project while maintaining the freedom for random submissions from the contributors.
About OpenAvenue
OpenAvenue is a privately held, WEB-based company located in Scotts Valley, California, specializing in the hosting, management and distribution of world-wide collaborative software development projects. OpenAvenue hosts application development content provided by individual and corporate content owners, and makes it available to a world-wide community of software developers under open-source, community-based and private licensing. StarBase Corporation (Nasdaq: SBAS - news) is a founding partner of OpenAvenue. OpenAvenue's corporate portal can be found online at openavenue.com.
When used in the preceding discussion, the words ``believes, expects, or intend to' and similar conditional expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, (i) conditions in the general economy or the software industry, (ii) the timely development and market acceptance of products and technologies, (iii) competitive factors, (iv) demand for team productivity software products, (v) sell-through of products in the sales channel, (vi) and other risks.
OpenAvenue, LinuxBox and its product and services names are trademarks of OpenAvenue, Inc. All other product and company names herein are trademarks of their respective owners.
SOURCE: OpenAvenue, Inc. |
