WinterGreen Research Names Vitria the Market Share Leader in Business Process Management Market

Business Wire, August 5, 2002

Business Editors/Technology Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 5, 2002

Vitria (Nasdaq:VITR), a leading provider of integration solutions, today announced that WinterGreen Research, an independent research firm, has named Vitria for the second year in a row as the industry's market leader in Business Process Management (BPM). According to WinterGreen Research's results, as published in a new report, Vitria leads the BPM market with a 27 percent market share.

WinterGreen Research's second annual report, titled "Business Process Management (BPM) Market Strategies, Market Opportunities, and Market Forecasts, 2002-2007," predicts that the BPM market will continue to show strong growth, reaching $1.5 billion by 2007. In this report, WinterGreen Research also highlights BPM's tangible benefits as the best mechanism for deriving value from existing enterprise applications, such as costly CRM systems, that have not met expectations. WinterGreen cites improved enterprise agility, faster time-to-market for new products, enablement of e-business and M&A initiatives and reduced IT costs around integration reuse, maintenance, adapters and interfaces among the key customer benefits offered by BPM solutions.

"Vitria has always been a leader in BPM innovation with its comprehensive, standards-based BusinessWare platform," said Susan Eustis, president of WinterGreen Research and author of the report. "Vitria's BPM solutions provide significant value to customers seeking to leverage their current enterprise software investments, improve operations and drive down costs."

Vitria's ease-of-use, scalability and intelligent orchestration of process execution for delivering business agility are all cited in the report as factors in Vitria's success. WinterGreen also notes how Vitria has leveraged its BPM capabilities to create the Vitria Collaborative Applications (VCAs), a series of powerful industry-specific, process-based solutions. The VCAs solve integration challenges facing vertical sectors, such as HIPAA compliance in healthcare, as well as horizontal integration issues including CRM integration. "Vitria's VCAs provide immediate value to customers with pre-built solutions that manage collaborative processes," Susan Eustis added.

"As a pioneer in Business Process Management, Vitria is proud to be recognized two years in a row for its ability to deliver innovative integration solutions that solve high-level business challenges," said JoMei Chang, president and chief executive officer of Vitria. "From our founding, Vitria has understood the value of BPM to our customers and continued to raise the bar in integration with process-centric innovations in collaborative applications, Web services, Business Process Intelligence, and Business Vocabulary Management."

About BusinessWare

BusinessWare provides graphical business process management tools to manage the flow of critical information among enterprise business systems, both computer-based and human-based. BusinessWare enables companies to collaborate with partners, suppliers and customers. BusinessWare is the only standards-based integration platform with a unified environment that delivers best-in-class functionality within a single integrated multi-layered, component-based architecture.

About Vitria

Vitria Technology, Inc. (NASDAQ:VITR) is the leading provider of innovative integration solutions. The company pioneered the enterprise application integration market in 1994 and the use of business process management in 1997, and is now the first integration solution provider to solve integration challenges through collaborative applications. With 35 offices around the world, Vitria's customer base includes such companies as Bell South, The Blue Cross Blue Shield Association, BP, DaimlerChrysler Bank, Dana, Generali, The Goodyear Tire & Rubber Company, PacifiCare Health Systems, Reynolds and Reynolds, Schneider Logistics, Sprint, Trane, and Trans Union, and The United States' Departments of Defense and Veteran's Affairs. For more information call 408-212-2700, email info@vitria.com or visit www.vitria.com.

This press release includes forward-looking statements, including statements relating to new products, future revenue growth, goals and future business opportunities that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, failure to meet financial and product expectations of analysts and investors, risk as related to market acceptance of Vitria's product and alliance partners' products, deployment delays or errors associated with these and other products of Vitria and partners, hardware platform incompatibilities, need to maintain and enhance certain business relationships with system integrators and other parties, ability to mange growth, activities by Vitria and others regarding protection of proprietary information, release of competitive products and other actions by competitors and economic conditions in either domestic or foreign markets. These and other risks related to Vitria are detailed in Vitria's Annual Report on Form 10-K for the year ended Dec. 31, 2001, filed with the SEC on March 29, 2002, and in Vitria's quarterly reports on Form 10-Q as filed with the SEC. Vitria does not undertake an obligation to update forward-looking statements.