eXcelon XML Products Named Best of Show At XML & Web Services 2002 Conference and Expo
eXtensible Information Server Named Best Database of Show; Stylus Studio Named Best XML/XSLT Editor for Second Consecutive Year
BURLINGTON, Mass.--(BUSINESS WIRE)--April 17, 2002-- eXcelon(TM) Corporation (Nasdaq: EXLN - news) today announced that the company's eXtensible Information Server (XIS), a market-leading native XML database management system, won top honors at the XML & Web Services 2002 Conference and Expo in London, England. This year, XIS was awarded the ``Best Database System'' of the show, receiving the honor over Software AG's Tamino. In addition, Stylus Studio, eXcelon's integrated development environment, was recognized as the ``Best XML/XSLT Editor & Tools'' of the show. The honors demonstrate eXcelon's leadership in the XML data management and development market.
XIS allows companies building distributed and Web service applications to manage large collections of XML documents without compromising the inherent flexibility of XML. By managing XML business documents in memory at the node level, XIS enables XML documents to be dynamically extended throughout the life of a long-running, asynchronous business transaction. In addition, node-level management ensures the speed and throughput necessary to support the performance requirements of today's mission critical applications. XIS provides broad support for leading software platforms and connectivity in J2EE environments.
Used by over 20,000 developers worldwide, Stylus Studio is an integrated development environment (IDE) that supports the task of authoring, validating and debugging XSLT applications and XML-to-XML mappings. Stylus Studio is the only XML IDE that delivers an integrated XSLT, Java, and MSXML debugger with source-level debugging and back-mapping. Stylus Studio is included with XIS, and is also available as a stand-alone product.
XML & Web Services' speakers, delegates and all visitors to the exhibition have the opportunity to cast votes, which determine the ``Best in Show'' honors. Application Development Advisor Magazine, a technical publication for professional software application developers, sponsored the awards.
``The highly coveted `Best in Show' awards presented this year for Best Database System and Best XML/XSLT Editor & Tools reflect the innovation of eXcelon's technology,'' said Philip Lee, president, eXcelon. ``The XML & Web Services Conference and Expo is widely regarded as a prestigious industry event, and we are honored that members of the XML and Web services community recognize the unique value that our XML data management and development products bring to emerging Web services technologies and architectures.''
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 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 J2EE 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.
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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
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