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New Web Services Development Platform, VelociGenX Announced for General Availability by VelociGen Inc

URL(s): www.velocigen.com


SAN DIEGO, Calif., April 26, 2001--VelociGen Inc. (http://www.velocigen.com) today announced the general availability of VelociGenX(TM), an innovative new Web Services application development and runtime platform that uses XML technology to provide true anything-to-anything application connectivity.

VelociGenX has just completed a rigorous beta-testing process that included more than a dozen major computer systems companies, IT consulting firms, and Enterprise-class users as participants.

Unlike previous-generation Web Services approaches that specialized in a single technology -- such as Java, Windows NT, or a proprietary B2B e-commerce architecture -- VelociGenX allows companies to easily develop reusable Web Services solutions that incorporate data from any source or application. By converting heterogeneous data to XML, VelociGenX removes all restrictions on the source of data being integrated, type of transaction being conducted, desired deployment, or scalability. (A detailed whitepaper is available at http://www.velocigen.com/whitepapers).

With VelociGenX, companies can easily and cost-effectively "Wrap, Link and Run," Web Service meta-applications, or "wrapplets," from both legacy and dynamic data sources. As a result, business-critical information that had previously been held captive in separate applications can now be "liberated," combined with data from other sources, and deployed as part of Internet-wide meta-applications. With VelociGenX, powerful, flexible meta-applications can be developed in minutes, simply by:

-- Wrapping the desired data and applications -- from an unlimited number of sources or formats -- into reusable XML components;

-- Linking the XML components together, to form a meta-application (or wrapplet), and

-- Running the finished meta-applications that return all of the linked information...and then deliver the results via a browser, e-mail, PDA, pager, or cell phone.

Once these XML components or resulting wrapplets are created, they can be easily archived, copied, modified, and reused however the user wishes. This virtually eliminates the need for custom programming, since the same wrapplets can be used over and over, with minimal customization. They can also be published for commercial distribution on a peer-to-peer basis, allowing user to create transaction- and usage-based based revenue streams.

"Every Fortune 500 IT department is under cost pressure, and that means leveraging current investments in databases, applications, and personnel," said Josh Marks, CEO of VelociGen. "Integration problems cross every platform and system; by embracing open, XML-based Web Services development solutions, we're providing the first agnostic, rapid-deployment platform that every IT staff can use to solve everyday integration challenges."

VelociGenX supports all major computing platforms and operating systems, in addition to most popular languages and standards. It also includes adapters for leading message buses -- such as IBM's MQSeries(TM) and Tibco's Rendezvous(TM) -- as well as EDI and other communications systems. VelociGenX uses the company's VelociGen(TM) application server to process all C, C++, and scripting code; it concurrently uses any J2EE application server, including IBM's WebSphere(TM), BEA's WebLogic(TM), or the iPlanet(TM) Application Server for processing Java code. Pricing for development and run-time licenses of VelociGenX begin at $50,000.

Based in San Diego, VelociGen Inc. is the leading provider of open, XML-based Web Services development solutions that enable businesses to interchangeably use both dynamic and legacy data from any source. VelociGen's products allow the complete interoperability of disassociated data and applications, as well as the ability to deliver business-critical information to any wired or wireless device. The company's products are in use at major corporations such as Ford Motor Company, Goldman Sachs, Hewlett-Packard, iPrint, Lehman Brothers, MasterCard International, Paramount Pictures, PricewaterhouseCoopers, StarTrek.com and others. For more information, visit the company's Web site at http://www.velocigen.com.

VelociGen and VelociGenX are trademarks of VelociGen Inc. All other trademarks are the property of their respective holders.



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