WRQ And Raytheon Win Industry Awards for Verastream-Powered Supply Chain Project; Kinetic Information Recognizes WRQ and Raytheon with Innovation and Vision Awards

Business Wire, Dec 16, 2004

SEATTLE -- WRQ, Inc. today announced that Kinetic Information LLC, an analyst organization, has presented one of its 8th annual Innovation Solutions Awards and the overall VISION Award to WRQ and Raytheon for creating a superior supply chain management application, MTrak, that lowered logistics costs by 8.6 million and supports over 20,000 users across 13 sites.

With MTrak, Raytheon has improved productivity and customer satisfaction by enabling employees to track material from external carriers, as well as create and track internal transfers of material.

Raytheon leveraged the power of the WRQ(R) legacy integration software, Verastream(R) host integration server, to retrieve mission critical data from its mainframe systems and integrate it into MTrak web screen presentations, supplementing the user's view of material.

Specifically, MTrak developers used Verastream to encapsulate, reuse, and expose host logic and data through web services standards. These Verastream-created services are easily accessed within the team's Microsoft's .NET platform. In less than two months, developers created a library of web services that enable Texas and California MTrak customers to access key purchase order and part information. To learn more about how Raytheon has re-engineered their supply chain with Verastream, visit www.wrq.com/aboutwrq/news/2004/021004pr.html.> "These awards from Kinetic Information recognize the strength of our mission to facilitate the supply chain from end to end," said Rob Vettor, Raytheon senior business technologist and MTrak architect. "WRQ has changed the way we think about our host applications and web initiatives. For the first time, we have truly bridged the gap between our new web applications and the mission-critical information that was previously locked away in the mainframe. More importantly, Verastream has opened up new host integration opportunities across Raytheon."

"We're honored to have Verastream recognized as a leader by winning these awards," said Randy Robinson, vice president of products at WRQ. "WRQ has a tremendous understanding of the important role host integration has in boosting business productivity. These awards validate that successful organizations are the ones like Raytheon that integrate mainframe and modern assets into their corporate strategy and vision."

"WRQ and Raytheon exemplify today's most creative and original technology thought leaders," said Steve Weissman, president and publisher of Kinetic Information. "We congratulate them for their ability to develop innovative IT solutions that improve and accelerate the development of innovative applications."

About the Process Innovation Awards

The Process Innovation Awards were created by Kinetic Information LLC in 1996 to honor superior applications for their business effectiveness. Co-sponsored by IMERGE Consulting, the program is judged by a panel of experts consisting of independent professional consultants who are recognized authorities in their fields. For more information, please visit the Awards web site at http://www.kineticinfo.com/awards/piamain.htm.> About Raytheon

Raytheon Company (NYSE:RTN), with 2003 sales of $18.1 billion, is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs 78,000 people worldwide.

About WRQ

WRQ(R) builds software for accessing and integrating legacy applications. WRQ Reflection(R) software provides a broad range of terminal-emulation and PC X server solutions. WRQ Verastream(R) integration server provides a single platform for reusing legacy logic and data in web applications, CRM applications, or portals. Our products help companies get the most from their hosts today as they advance their long-term IT strategy.

Established in 1981, WRQ is one of the largest privately held software companies in the U.S. It has over six million users worldwide and the highest customer-support rating in the industry. Three out of four Global 500 companies rely on WRQ daily. Learn more at www.wrq.com.

Access. Integrate. Transform.(R)

Copyright (C) 2004 WRQ, Inc. All rights reserved. WRQ, the WRQ logo, Reflection, Verastream, and "Access. Integrate. Transform." are either registered trademarks or trademarks of WRQ, Inc., in the USA and other countries. Some Reflection products include software developed by the OpenSSL Project for use in the OpenSSL Toolkit (http://www.openssl.org). All other trademarks, trade names, or company names referenced herein are used for identification only and are the property of their respective owners. USA patents pending.