FatWire Extends Leadership in Web Content Management with Acquisition of Infostoria

Business Wire, Oct 29, 2007

New Web 2.0 Collaboration and Content Integration Technologies Add Key Capabilities for the Enterprise

MINEOLA, N.Y. -- FatWire Software today announced that it has acquired Infostoria, a provider of Web 2.0 collaboration and content sharing tools for the enterprise. Infostoria's innovative technology enables single-click wiki creation and blogging, and offers an advanced content integration platform to help organizations manage, find and securely share content stored in disparate repositories.

Web Content Management (WCM) is critical to creating an effective web presence. Today's advanced organizations want to build on WCM capabilities to create an ecosystem around their company and products, and to strengthen their brand. Web 2.0 technologies, including wikis, blogs and content sharing, are key to facilitating collaboration among an organization's employees, customers and partners - thus fostering an engaged community of users. Infostoria's solutions offer this advanced functionality while delivering enterprise-class management and governance capabilities.

FatWire Content Server, the industry-leading WCM solution, helps organizations to build, deploy and manage sophisticated web sites and online communications from a simple interface. With the addition of Infostoria functionality, FatWire customers can dramatically improve the web experience they offer to increase customer loyalty and sales.

"Enterprises increasingly need to offer relevant and collaborative online interactions that fully utilize web 2.0 capabilities," said Yogesh Gupta, president and CEO of FatWire. "Hundreds of global enterprises rely on Content Server for their web presence. This acquisition will enable FatWire to deliver a richer set of web experience management solutions that helps customers optimize their online offerings and grow their business."

"FatWire's leadership in web content management, as well as their track record of providing outstanding global services and customer support is unparalleled," said Dmitri Tcherevik, CEO and founder of Infostoria, who joins FatWire as Chief Technology Officer. "We are excited to be part of the FatWire family and look forward to accelerating our success with a combined solution that delivers the most advanced web content management capabilities to the market."

About FatWire Software

FatWire Software provides industry-leading web content management (WCM) solutions that enable organizations to deliver compelling online experiences to users and to drive business growth. FatWire is headquartered in Mineola, N.Y. and serves over 450 customers from offices in over 10 countries. For more information, please visit http://fatwire.com.

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