Exaltec Software Ltd Chooses IBM to Help Deliver On Demand Solutions to Meet Banking Industry Customer Needs

Exaltec Software Ltd Joins IBM PartnerWorld Industry Networks
DUBLIN, IRELAND -- (MARKET WIRE) -- 06/09/2005 -- Exaltec Software Ltd today announced it has achieved the industry optimized IBM's PartnerWorld Industry Networks. Exaltec Software can now take advantage of IBM's sales, marketing and technical expertise to develop and deliver on demand solutions that meet customer requirements in the Banking industry.

Customers are seeking solutions that can help them better integrate processes and applications and allow them to quickly respond to changing market opportunities -- all key elements in transforming to an On Demand business.

Exaltec offers b+ J2EE SOA Competitive Migrator (migration of Legacy databases) and the b+ J2EE SOA Application Generator for the generation of J2EE code. The solutions, validated by IBM as "Ready for IBM Rational software," are integrated with IBM Rational Software Architect and IBM Rational Application Developer.

Exaltec's b+ is a developer tool that allows the automated migration of legacy applications such as Oracle Forms, Informix 4GL, MS VB into fully functional 3 tier J2EE SOA Architectures with no vendor dependencies. This migration is not only a translation into Java, whereby you would get the same functionality only in Java, it gives the user a re-engineering opportunity to add additional functionality such as EJB's, JSP's, Web Services and so on.

Release v 2.2.0 will empower the user to re-engineer legacy applications using IBM Rational Software Architect to a choice of base models such as J2EE, J2EE-SOA, Banking J2EE, etc.

Being a member of IBM PartnerWorld Industry Networks allows Exaltec to reach potential prospects within specific Industry segments, such as Banking or Government, that have exacting requirements to solve today's IT headaches of migrating legacy applications to newer J2EE SOA systems.

Julian Carter, VP Business Development and Marketing, comments: "Using the IBM PartnerWorld Industry Networks has enabled Exaltec Software to garner enquiries from leading blue chip organizations in relation to migrating legacy applications to J2EE System Oriented Architectures, a requirement that grows stronger every month especially now that Oracle Corporation has announced the early retirement of Oracle Forms 6i on December 31, 2004, Forms 9i on June 30, 2005, with Forms 10G scheduled to be retired in early 2007. For the approximately 180,000 Oracle Forms worldwide customers, Oracle has not provided a migration path or software technology to assist in migrating Oracle Forms applications into Java. This leaves Oracle Forms users with few choices including rewriting their applications or purchasing new commercial solutions, both of which are extremely expensive alternatives, take too long to implement and are a far too risky alternative. The b+ product range tackles this problem head on and offers a cost-effective way to migrate legacy applications into a Model Driven Architecture and continually maintain, enhance and deploy to IBM Websphere."

"PartnerWorld Industry Networks is mobilizing thousands of ISVs, helping them to develop customized industry solutions for customers," said Lesley Norris, director of ISV & Developer Relations, IBM Europe, Middle East, Africa. "Customers aren't seeking a one-size-fits-all solution -- they want tailored, industry-specific solutions that can help solve their business challenges. Through PartnerWorld Industry Networks, IBM is working closely with Exaltec to deliver open and flexible solutions to match our customers' needs."

The IBM PartnerWorld Industry Networks provide ISVs with comprehensive business insight, technical resources, networking opportunities, and marketing and sales support designed to help them reach more customers and close deals faster. Participants in the PartnerWorld Industry Networks can team with IBM to bring on demand solutions to market more easily and to ensure these solutions meet specific industry needs, reflecting how customers buy technology today. ISVs who have attained one or more Industry Optimized competences have successfully integrated with on demand IBM infrastructure software and hardware and demonstrated success with customers in the industries they note.

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