IntegraSoft Deploys Online Trading Systems Built With IONA's Orbix Technology; Highly-Scalable Trading System Brings Legacy Applications to the Web

Business Wire, March 1, 2000

Business/Technology Editors

NEW YORK--(BUSINESS WIRE)--March 1, 2000

IntegraSoft today announced at the Internet & Electronic Commerce Show (IEC) that it has developed and deployed a new online trading system based on IONA's Orbix(TM) product line. IntegraSoft's solution helps the financial industry's leading fixed-income brokers bring their legacy applications to the Web.

IntegraSoft's approach to delivering solutions for its clients is to customize each application in a component-based fashion. The company specializes in developing web-based front-end applications that integrate with legacy applications, while removing existing infrastructure dependencies on proprietary hardware and networking protocols.

"In order to meet our customer's needs, our product offerings require a standards-based middleware infrastructure that provides flexibility and scalability in Web environments," said IntegraSoft's Mike Di Stefano. "For us, the decision to base our offerings on IONA's Orbix technology was an easy one. We've chosen an industry leader that meets our needs today, and can continue to help us meet our client's needs as we grow."

"Companies like IntegraSoft realize that timeliness, openness and scalability are the driving forces behind B2B and B2C development projects," said Ed Gaudet, vice president of Marketing for IONA Technologies. "As the foundation of IONA's iPortal Suite, Orbix delivers the leading standards-based middleware infrastructure for e-business to more than 4,000 companies worldwide. We're thrilled that IntegraSoft has chosen Orbix for its offerings, and we look forward to working with them further to help our mutual customers deploy e-business solutions."

IntegraSoft's Architecture:

IntegraSoft's architecture is based on an open transport layer that can encapsulate various message types and connect new client applications to legacy systems in as little as 45 days from inception. IntegraSoft's offerings are developed component-by-component, enabling the new infrastructure to be linked into legacy applications in a phased rollout of the new system alongside the old.

In addition to IONA's Orbix technology, IntegraSoft's solution features its Suite of Business Objects and Java Session Foundations to provide transactional and non-transactional message handling and dispatch support.

About IntegraSoft:

IntegraSoft, L.L.C. is a software development & services company that specializes in distributed computing environments for financial services companies. As a result, IntegraSoft has amassed a plethora of knowledge regarding fixed income and equity trading domains. Through its proven project management/architecture methods, IntegraSoft provides its clients a combination of services, including: business modeling in a distributed middleware environment (CORBA, Messaging,), "Thin Client" delivery of information to the user (Java, Active X,), and a proven project management methodology for delivering a working system for this environment. For more information, please see www.integrasoftware.com.

About IONA Technologies:

IONA Technologies, the Enterprise Portal Company, is a leading provider of e-business infrastructure that helps organizations build and deploy enterprise portals, Internet commerce sites, and other large-scale distributed applications. IONA supports the full diversity of languages -including Java and C - and distributed computing technologies - including XML, Enterprise JavaBeans, CORBA, Microsoft's Windows DNA 2000 and IBM OS/390, CICS and IMS - used by today's development organizations. Founded in 1991, IONA Technologies is headquartered in Dublin, Ireland. The company had revenues of $105 million in 1999 and employs more than 650 people in 25 offices worldwide. For more information, please see www.iona.com.

IONA and Orbix are registered trademarks of IONA Technologies. CORBA and the Object Management Group (OMG) are trademarks or registered trademarks of the Object Management Group, Inc in the U.S. and other countries. Enterprise Java Beans and Java are trademarks or registered trademarks of Sun Microsystems. IONA iPortal Integration Server, IONA iPortal Server, IONA iPortal Application Server, Orbix 2000, Adaptive Runtime Technology (ART), and Orbix Web are trademarks of IONA Technologies. All other trademarks are the property of their respective owners.