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Technology Stocks : EXLN - Excelon

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To: michael256 who wrote (706)2/21/2001 10:12:04 AM
From: Bob Trocchi  Read Replies (1) of 811
 
michael256...

>>EXLN IS HORRIBLY MANAGED [EOM]! <<

Agree. Good thing they have some good products at least from what I hear from people like Damien on this thread.

Another Product announcement. BTY, is Oracle's product available on LINUX?

Wednesday February 21, 8:42 am Eastern Time
Press Release
Object Design Ships ObjectStore for Linux
Brings Field-Proven Highly Scalable Data Management to Linux Environments
BURLINGTON, Mass.--(BUSINESS WIRE)--Feb. 21, 2001--Object Design, a division of eXcelon(TM) Corporation (NASDAQ:EXLN - news), today announced that its ObjectStore® data management software is now shipping for Linux operating systems. Called ObjectStore 6.0 for Linux i386, it brings a robust, mature object database management system (ODBMS) to the rapidly growing enterprise Linux marketplace.

By porting the core ObjectStore engine to Linux, Object Design is opening new vistas of data management to the Linux community by giving it a high-performance database and middle-tier data management engine. Object Design's products will facilitate the development of the enterprise Linux market as Linux moves from Web-server applications to become a key operating system for e-business and embedded solutions in markets serving B2C, B2B, financial services and telecommunications, as well as mobile computing and application service providers.

``We are witnessing the fastest growth of any operating system in history,'' said Brian Otis, Object Design president and chief operating officer. ``Linux, running on cost effective hardware with enterprise capable software, has proven itself to be a compelling combination for organizations of all sizes. Now, it's ready to step up to supporting corporate data operations. With this announcement, Object Design joins companies like IBM, Oracle and HP, that are porting proven applications to give Linux the same level of applications sophistication enjoyed in other operating environments.''

Data management at an all time low price/high-performance point

ObjectStore is a high-performance data management foundation that offers native support for Java and C++ development environments to deliver speed, reliability and scalability. It provides a full set of development tools as well as highly efficient data storage and standard libraries for managing collections, as well as transactions, query processing and indexing. It eliminates the need to write mapping code -- a major part of the code base for middle-tier e-business applications built on relational databases -- while greatly improving run-time performance.

``Linux is of increasing importance as a deployment and development platform, both for our e-business customers and for our ISVs,'' said Katherine Barnes, vice president of marketing and product management. ``Customers in both of these market areas are asking us for Linux support to fill the need for high-quality, high-performance applications to run on lower cost hardware. ObjectStore, which makes very efficient use of available hardware resources, is a natural fit on the Linux platform.''

Availability

The new version of ObjectStore 6.0 for Linux i386 builds on Object Design's ObjectStore product heritage. It is available immediately and is priced from $50,000 for an ObjectStore jump-start program. ObjectStore 6.0 for Linux i386 runs on the latest Linux kernels (2.3 and 2.4) on Intel 32-bit systems and includes both C++ and Java interfaces.

About Object Design

Object Design, a division of eXcelon Corporation (NASDAQ:EXLN - news), is the leading provider of native C++ and Java data management solutions. The company develops and markets the ObjectStore database management system and related tools including Javlin(TM) and PSE Pro. The data management products are used by over 4,000 customers in the telecommunications, financial services and e-business markets, and by Independent Software Vendors (ISVs). The company backs its products with comprehensive training, services and support. Headquartered in Burlington, Mass., Object Design sells and supports its products through branch offices across the U.S., international subsidiaries in the United Kingdom, Germany, The Netherlands, Japan and Australia, and a worldwide network of distributors. For additional information, visit www.objectdesign.com.

``Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding eXcelon Corporation's business, including future market opportunities and prospects, which are not historical facts are ``forward-looking statements'' that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ``Risk Factors'' in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

NOTE: ObjectStore is a registered trademark of eXcelon Corporation; eXcelon and Javlin are trademarks of eXcelon Corporation. All other trademarks are the property of their respective owners.
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