Addison-Wesley Publishes "Java Server Pages" - a Book by CapitalThinking Technologist; Larne Pekowsky Authors Leading Text Introducing JSP Technology

Business Wire, June 19, 2000

Business Editors

NEW YORK--(BUSINESS WIRE)--June 19, 2000

CapitalThinking, the leading online commercial mortgage marketplace, today recognized the publication of Larne Pekowsky's Java programming book, JavaServer Pages.

Released in April and published by Addison-Wesley Longman, Inc., JavaServer Pages is the first book published on the topic. Pekowsky, Vice President, Engineering, at CapitalThinking, is a critically acclaimed author and one of the most innovative and highly regarded Java experts in the world. Along with Dan Woods, Chief Technology Officer of CapitalThinking, and Tom Snee, Pekowsky co-authored The Developer's Guide to the Java Web Server in 1999.

"JavaServer Pages" is a hands-on guide to building dynamic Web pages with JSP. It has quickly become the leading text introducing this new technology, according to Addison-Wesley. The text brings a unique approach that lets non-programmers leverage the power of the Java language to build dynamic, interactive and content-rich Web pages. The book is a patient tutorial suitable for anyone with basic HTML knowledge.

The text reveals how relevant technologies, including beans, servlets, and Java language essentials, can work together to bring sophistication and flexibility to Web sites. The guide also includes dozens of short programming excerpts that provide a solid tour of basic techniques, including capturing user input and generating dynamic content for a sample news Web site.

With extensive experience developing Web sites using JSP technology for industry leaders such as Money magazine and Time Inc. New Media, where Pekowsky helped create one of the world's top ten news sites, Pekowsky set out to level the playing field between programmers and developers. "The existing material in the market was more geared towards high-level programmers and neglected Web developers - one of the fastest growing segments in the technology industry, so I decided to pursue it," said Pekowsky.

"We are very pleased with Larne's efforts to expand the general public's understanding and use of an extremely powerful and accessible programming language," said Heather Shively, Co-Founder and CEO of CapitalThinking. "Larne is also a great asset to the CapitalThinking team. His innovative work is a significant reason why CapitalThinking has fast become the technology leader in the online commercial mortgage space."

"The fact that Internet specialists of Pekowsky's stature are joining the commercial real estate industry validates the technological opportunities and challenges the commercial real estate industry provides," said Dan Woods, CTO of CapitalThinking.

At CapitalThinking, Pekowsky is a senior member of a team of IT professionals that is re-engineering the commercial real estate industry using e-finance solutions and best-in-class technology. Pekowsky is helping the company pioneer a second-generation B2B platform that brings efficiency, normalization and liquidity to a fragmented, paper-intensive and illiquid marketplace.

About CapitalThinking

CapitalThinking is an online commercial mortgage marketplace providing e-finance solutions to the $250 billion U.S. commercial real estate mortgage industry. By combining cutting-edge Internet technology with the largest group of experienced real estate professionals in the online commercial mortgage industry, CapitalThinking brings unprecedented speed and efficiency to the commercial lending process. The Company works with 23 of the nation's top lenders, including commercial banks, insurance companies and conduits.

CapitalThinking closed its first loan on May 16, a $2.8 million multi-family acquisition deal funded by J.P. Morgan. The loan closed in forty days.

CapitalThinking recently closed a $15 million second round of venture capital financing, led by Bessemer Venture Partners and RRE Ventures. iStar Financial and ABP Investments also committed funds. Aberdare Ventures led the company's first-round financing of $3.4 million raised in September 1999.