State Software Executes Global License Agreement with Amazon.com; Leader of Real-Time Web Applications Signs Enterprise License With Internet E-Tailer

Business Wire, Oct 10, 2002

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 10, 2002

State Software, the leading provider of enterprise software enabling real-time, Web-based applications, announced today that Amazon.com Holdings, Inc. has signed a license agreement to utilize State's technology.

"We are excited to have Amazon join the ranks of our early customers," said Bobby Napiltonia, Founder and CEO of State. "This license agreement substantiates State's ability to easily integrate and leverage existing enterprise investments on the Web." State's software product offers a modular design which can be used to develop new applications or applied to existing deployments providing enhanced user experience. Napiltonia added, "This further validates market opportunity ahead of us."

State's new technology enables Web applications to be live -- only updates and new information change instantly rather than requiring entire page refreshes. The business value relates to improving user productivity issues, the largest hidden expense of Web applications. Forrester Research estimates that Fortune 1000 companies will each invest between $1.5 and $2.1 million on such user-related redesigns next year.

About State Software

Founded in March 2001, State Software is a privately held company based in San Jose, California. State Software is the leading provider of framework technology for real-time, Web-based applications. State's breakthrough technology enables enterprise customers to deploy their applications with the consistency and performance accustomed to the desktop. The State product offering can be easily integrated into existing Web environments or utilized for new development, generating a measurable return on investment. The State solutions are designed to improve user productivity, decrease development cycles, and bring greater efficiency to IT operations. For additional information, please visit our Web site at www.statesoftware.com.

Note to Editors: State Software and its logo are trademarks of State Software, Inc. All other trademarks and registered trademarks are properties of their respective owners.