Tuesday February 12, 9:15 am Eastern Time
Press Release
SOURCE: eXcelon Corporation
eXcelon to Power Distributed XML and J2EE Applications Deployed on HP Netaction Application Server
BURLINGTON, Mass.--(BUSINESS WIRE)--Feb. 12, 2002--eXcelon(TM) Corporation (Nasdaq: EXLN - news) today announced that it will offer an XML database and an EJB caching engine to Hewlett-Packard Company's Netaction software customers. eXcelon has agreed to optimize its XIS and Javlin products to ``extend and enhance'' the HP Netaction software suite to enhance the speed, scalability, flexibility and continuous availability of applications built and deployed on the HP Netaction Application Server 8.0.
eXcelon's XIS and Javlin products complement the HP Application Server by persisting XML and Java software assets in a middle-tier operational data store that allows the real-time propagation of data across complex, distributed Internet applications.
HP Netaction products are designed to provide businesses with a flexible foundation to develop, integrate and deploy voice and data services, help solve customer business problems and enable the transformation to an always-on Internet infrastructure.
XIS is eXcelon's market-leading native XML database management system. It allows corporate developers and software engineers to manage large collections of XML documents essential in today's distributed computing architectures, including Web Services.
Javlin, the EJB Data Caching Server, employs a patented, distributed cache architecture to meet the distributed data caching and persistence requirements of middle-tier enterprise J2EE applications. The Javlin data cache server provides the highest performance, flexibility, developer productivity, and scalability of any Java caching solution available.
``With more than 400 of our product licenses running in HP environments, our relationship with HP is critical to our ability to tailor our products to address the unique needs of the HP customer base,'' said Joe Bellini, CEO of eXcelon. ``HP Netaction software is an excellent platform for implementing Web services applications, and we are excited to extend our relationship with HP to address the application performance needs of this critical customer base by incorporating XIS and Javlin into the HP Netaction architecture. Our products are uniquely positioned to complement the HP Netaction product line as customers build more complex distributed applications connecting multiple, disparate systems using XML and Java.''
``eXcelon joins an elite group committed to `extending and enhancing' the HP Netaction environment,'' said Bob Bickel, general manager, HP Middleware Division. ``XIS and Javlin add value to our platform by enabling customers to achieve high performance for critical Web services applications developed and deployed on the HP Application Server.''
About eXcelon
eXcelon Corporation is a leading provider of data management software designed to accelerate the performance of distributed applications built using XML and Java and deployed on market leading software platforms. eXcelon's core products, XIS, Javlin and ObjectStore, deliver enhanced levels of speed, flexibility, scalability and run-time availability to Web services and distributed applications, which can result in substantial cost savings and significant competitive advantage for large and mid-sized enterprises. For corporate developers and software engineers who need to manage XML in a distributed environment, eXcelon Corporation's eXtensible Information Server (XIS) is a native XML database management system that provides the speed and throughput necessary to manage the extreme flexibility of XML. The product is unique in that it provides node-level management. Javlin, the EJB Data Caching Server, offers high performance distributed Java data caching that enables organizations to meet the productivity requirements of mid-tier J2EE application environments while attaining greater extensibility and scalability. ObjectStore delivers best of breed data-management for Java and C++ to ensure the rapid propagation and availability of data for complex Web transactions, dynamic content, network management systems and a multitude of applications for independent software vendors (ISVs).
Headquartered in Burlington, MA, eXcelon has more than 4,000 customers worldwide, including market leaders in key industries such as telecommunications, financial services, retail and manufacturing. eXcelon markets its solutions globally through value-added resellers, system integrators, consulting firms, OEM licensees and direct sales channels. For more information, please visit the eXcelon Web site at www.exceloncorp.com.
``Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995:
Statements in this press release that do not relate to historical facts are forward-looking statements. Such statements are not guarantees of future performance, and are subject to substantial risks and uncertainties and involve assumptions that could cause the future results of eXcelon to differ materially from those expressed in any forward-looking statements. eXcelon disclaims any intent or obligation to update publicly any forward-looking statements whether in response to new information, future events or otherwise.
Important factors that could cause our actual results to differ from these forward-looking statements include the possibility that the recent restructuring of our business operations, as well as any additional restructuring initiatives, may not produce improvements in our operating results; the risk that our common stock may not continue to trade on the Nasdaq National Market; market demand for XML-based products; the risk that our revenues will not grow rapidly enough to offset increased expenditures that we are incurring to develop and market our new XML-based products; the fact that a significant portion of the combined company's revenues to date have been derived from sales of eXcelon's Object Design data management products, the market for which is stable or declining; the profitability of our professional services contracts; our ability to retain existing professional services clients and attract new clients; the possibility that we may be unable to keep pace with the rapid technological change and intense competition that characterize our markets; general economic and industry conditions; factors described under the heading ``Risk Factors'' in our Registration Statement on Form S-4 relating to the merger, as filed with the Securities and Exchange Commission on August 17, 2001; and other factors described under the heading ``Certain Factors that May Affect Future Results'' in our Annual Report on Form 10-K for the year ended December 31, 2000, as amended, as filed with the Securities and Exchange Commission as well as factors described under the heading ``Risk Factors'' in C-bridge's Annual Report on Form 10-K for the year ended December 31, 2000, as amended, as filed with the Securities and Exchange Commission.
NOTE: C-bridge, Object Design and ObjectStore are registered trademarks of eXcelon Corporation. eXcelon, EXLN, Xpress, eXcelon Portal Server, eXcelon Integration Server, eXcelon eSolutions, Stylus, Cache-Forward, and Javlin are trademarks of eXcelon Corporation. All other trademarks are the property of their respective owners.
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Contact:
Greenough Communications
Janette Mandell, 617-275-6532
jmandell@greenoughcom.com
or
eXcelon Corporation
Jeremy Nazarian, 781-674-5345
jnazarian@exceloncorp.com
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