( BW)(MA-EXCELON)(EXLN) eXcelon Joins OSS through Java-TM- Initiative; eXcelon Leading Workgroup on Massive Scalability
Business/Technology Editors
BURLINGTON, Mass.--(BUSINESS WIRE)--April 17, 2002--eXcelon Corporation (Nasdaq:EXLN) today announced that it has met the criteria to become a member of the OSS through Java(TM) Initiative, an industry group charged with developing Java 2 Enterprise Edition (J2EE(TM)) and XML technology-based standards for telecommunications industry OSS (Operational Support Systems). In addition, eXcelon will lead an OSS through Java workgroup focusing on deployment strategies to achieve "Massive Scalability."
Building on the success of J2EE and XML technologies in enterprise applications and e-commerce, the OSS through Java Initiative is chartered to develop innovative, industry-specific APIs that speed the development of new OSS solutions. The solutions are designed to help telecommunications service providers deploy end-to-end services for next-generation networks. The initiative will enable service providers to leverage the convergence of telecommunications and Internet-based business models. The OSS through Java Initiative, led by Sun Microsystems, includes industry leading companies such as BEA, Ericsson, MetaSolv, Motorola, NEC, Nortel Networks, Nokia, Telcordia Technologies, Borland, Component Insights, eXcelon Corporation, PWC Consulting, Agilent, Cygent, Digital Fairway, Eftia, PrismTech, and TeleGea.
eXcelon is leading the "Massive Scalability" workgroup within the Initiative. This workgroup is tasked with delivering OSS deployment strategies focusing on the tremendous scalability and performance demands of the telecommunications industry.
"We are delighted to apply our ten years of OSS performance enhancement experience as a member in the Initiative," said Joe Bellini, CEO, eXcelon Corporation. "J2EE and XML are the key standards for distributed and Web services environments and provide a perfect foundation for component-based OSS solutions that will scale to meet demand over time."
"Now that we have completed the initial scope of work, the verification of technology and the architecture of the OSS through Java Initiative, we are ready to concentrate on practical applications of the technology," said Philippe Lalande, program manager, OSS through Java Initiative for Sun. "eXcelon brings telecommunications experience, deployment expertise and leadership that meet the scalability, performance and availability requirements crucial to the successful adoption of OSS through Java."
About the OSS through Java Initiative
Building on the success of J2EE technology in enterprise applications and e-commerce, the OSS through Java Initiative is chartered to accelerate the development of innovative OSS solutions. The solutions are designed to help Service Providers jumpstart the deployment of end-to-end services on next-generation wireless networks and leverage the convergence of telecommunications and Internet-based business models. For more information on the OSS through Java initiative, visit: java.sun.com/products/oss.
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(TM) 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 development organizations with the speed and throughput necessary to manage the extreme flexibility of XML. The product is unique in that it provides node level management of XML documents. Javlin is a J2EETM data cache manager that improves application performance by storing, managing and delivering application-ready data in highly distributed deployment environments. 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.exln.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 eXcelon's 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 eXcelon's operating results; market demand for XML-based products; the risk that eXcelon's revenues will not grow rapidly enough to offset increased expenditures that we are incurring to develop and market eXcelon's new XML-based products; the fact that a significant portion of eXcelon'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 eXcelon's professional services contracts; eXcelon's ability to retain existing professional services clients and attract new clients; the possibility that eXcelon may be unable to keep pace with the rapid technological change and intense competition that characterize its markets; general economic and industry conditions; 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, 2001, as filed with the Securities and Exchange Commission.
NOTE: Object Design and ObjectStore are registered trademarks of eXcelon Corporation. eXcelon, EXLN, eXcelon Integration Server, XIS, eXcelon Business Process Manager, BPM, PSE Pro, Stylus, Stylus Studio, Real Time Event Engine, RTEE, Cache-Forward, and Javlin are trademarks of eXcelon Corporation. All other trademarks are the property of their respective owners.
Sun, Sun Microsystems, the Sun logo, Java, J2EE and The Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries.
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CONTACT: Jeremy Nazarian
eXcelon Corporation
781-674-5345
jnazarian@exln.com
or
Janette Mandell
Greenough Communications
617-275-6532
jmandell@greenoughcom.com
KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE HARDWARE
INTERNET SOFTWARE
SOURCE: eXcelon Corporation
©2002 |
