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Rogue Wave Software Receives Investment From the Intel 64 Fund
Company Ports Products Onto IA-64
BOULDER, Colo., March 14 /PRNewswire/ -- Rogue Wave Software (Nasdaq: RWAV), a leading provider of solutions for building customized e-commerce applications on Internet time, today announced that the Intel(R) 64 Fund has made an investment in the company. Rogue Wave has committed to developing optimized versions of its cross platform and Stingray product lines for Intel's upcoming IA-64 product family. Rogue Wave will develop products for 64-bit versions of Windows 2000, Linux, and Monterey operating systems for IA-64-based systems. The Intel 64 Fund investment was made in support of this commitment. This investment from the Intel 64 Fund will be used by Rogue Wave to develop their products on the new IA-64-based server platform and to optimize performance on the Intel IA-64, beginning with the Itanium(TM) Processor and to expand marketing activities.
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"As an investor in the Intel 64 Fund, Intel recognizes the role that Rogue Wave's products can play in the enterprise
software market-segment," said Intel's Mike Pope, Director of Enterprise Software Programs. "Because Rogue Wave's
products play a role in a variety of enterprise software solutions, we are pleased by Rogue Wave's commitment to help
ensure a broad offering of products and solutions are available for IA64-based platforms."
"This investment from the Intel 64 Fund marks the beginning of what we anticipate to be a long-term and mutually
beneficial relationship between our company and the Funds' investors," states Tom Keffer, chairman of the board at
Rogue Wave Software. "Rogue Wave is committed to providing the industry with the highest quality products on the
IA-64 platform, further enabling organizations to fulfill their goals for e-commerce."
Leading e-commerce vendors currently benefit from using Rogue Wave's cross platform products, such as Threads.h++
and DBTools.h++ to provide database independence to their customers and the performance required for dot-com
applications. Additionally, Rogue Wave's XML and Java product offerings enable organizations to take advantage of the Web while leveraging existing infrastructure. Together with Intel's new Itanium Processor, Rogue Wave's software
provides the building blocks for the Net Economy, including e-commerce, Internet infrastructure, advanced enterprise
resource planning, design automation, and financial applications and services.
About the Intel 64 Fund
The Intel 64 Fund is a quarter billion dollar equity fund that invests in emerging technologies for next-generation servers and workstations utilizing Intel's IA-64 architecture. The Fund is coordinated by Intel with Compaq, Dell, HP, Intel, NEC, and SGI as co-investors. The Fund's other investors, managed by Morgan Stanley Dean Witter, include Bank of America, The Boeing Company, Circuit City, Enron, Ford Motor Company, General Electric, McKesson, HBOC,
Morgan Stanley Dean Witter, Reuters, Sabre, SmithKline Beecham, Sumitomo Corp., SunAmerica and Telmex.
Additional information about the Intel 64 Fund is available at www.intel64fund.com.
About Rogue Wave Software, Inc.
Rogue Wave Software, Inc. (Nasdaq: RWAV), is a leading provider of software solutions and professional services for
building business-to-business e-commerce applications. Today more than 300,000 developers around the globe
leverage Rogue Wave's products to facilitate application development on Internet time. Customers include Fortune 500
companies and others leading the way in e-business, such as AOL, BroadVision, InterWorld, Cisco Systems, Vignette,
3COM Corporation, E-piphany, AT&T, Open Market, Verity, Bank of America, Fujitsu, Hewlett Packard, IBM,
MCI, Merrill Lynch, Morgan Stanley, and Sun Microsystems. Headquartered in Boulder, Colorado, Rogue Wave
Software has offices located throughout Europe and can be found on the Internet at www.roguewave.com.
Rogue Wave and .h++ are registered trademarks of Rogue Wave Software, Inc. All other trademarks and product
names are the properties of their respective owners. All Rights Reserved.
SOURCE: Rogue Wave Software
CONTACT: Tammy Parmelee of Rogue Wave Software, 303-545-3153, parmelee@roguewave.com; or Jennifer Meyer or Tucker
Walsh, both of PAN Communications, 978-474-1900, email: roguewave@pancomm.com, for Rogue Wave Software |
