PolarLake and SpiritSoft alliance delivers industry-leading XML and Web Services solution to enterprises

12th March 2002 - PolarLake, the enterprise XML and Web Services company, today announced a strategic partnership with SpiritSoft, the leader in open framework Java messaging. This alliance provides enterprises with a complete platform for creating and deploying messaging-based XML & Web Services solutions.

XML & Web Services, London, 12th March -- PolarLake, the enterprise XML and Web Services company, today announced a strategic partnership with SpiritSoft, the leader in open framework Java messaging. This alliance provides enterprises with a complete platform for creating and deploying messaging-based XML & Web Services solutions.

One of our key objectives in developing the PolarLake business is to ally ourselves with the market leaders in technologies that complement our own offerings. We are delighted to be working with such an experienced company as SpiritSoft. The strategic alliance between our companies will bring many benefits to our customers" said Ronan Bradley, Vice President of Business Development at PolarLake. We believe the combination of SpiritSofts reliable, flexible and scalable solutions and PolarLakes enterprise strength technology provides the most complete solution available to enterprises today."

Kevin Gibbs, CEO, SpiritSoft, said Enterprises are increasingly keen to extend services to their partners and customers, but the integration required to deliver such solutions is extremely complex - both in linking services into legacy systems within the enterprise, and in extending them to a third party system. The combination of SpiritSoft and PolarLake provides an ideal platform for deploying such solutions. SpiritSoft and PolarLake strongly believe that JMS is an integral part of a complete Web Services and XML offering, and this was the critical factor in our decision to partner."

The PolarLake development and deployment platform combines with SpiritSofts messaging technology to offer a scalable, standards-based, business process integration solution. The combined solution allows Web Services and XML offerings to be integrated quickly with legacy systems, and greatly simplifies the integration of highly complex workflow and business processes. This is applicable to a wide range of business problems including B2B e-commerce, straight-through processing in the financial services industry, and more general application integration issues faced by enterprise architects.

SpiritSofts messaging products and high-level tools are all XML-aware and its world-class tools and technologies offer users the ability to plug into existing diverse legacy messaging systems. PolarLake leverages these facilities through its support for SpiritSofts JMS infrastructure and allows flexible assembly and deployment of XML and Web Services-based applications and architectures from both new and legacy components.

For more information please contact:
Breeda Crowley Marketing Communications
PolarLake
Block F1, East Point Business Park
Dublin 3, Ireland
T. +353 1 449 1010
F. +353 1 449 1011
Email: press@polarlake.com
Web: www.polarlake.com
Helen Traverso
Director Marketing & Communications
SpiritSoft
10 Eastcheap Street
London EC3M 1AJ, United Kingdom   
T. + 44 207 398 5900
F. + 44 207 398 5901
Email: helen.traverso@spirit-soft.comWeb: www.spirit-soft.com

About PolarLake
PolarLake is a XIAM business focused on integration in the extended enterprise using XML and Web Services based technology. Development of its patent-pending XML and Web Services technology began in 1999 and PolarLake was launched in September 2001 to take its vision forward into the emerging marketplaces in Financial Services, Telecommunications and elsewhere. Its flagship product, PolarLake, addresses the issues faced by enterprises developing and deploying Java-based XML and Web Services systems and architectures both within and between enterprises. Headquartered in Dublin, Ireland, PolarLake also has offices in Tokyo, Japan.

About SpiritSoft
SpiritSoft develops open-standard enterprise messaging-based technologies and tools that enable dynamic business interactions across diverse applications and devices. The companys SpiritArchitecture is the only complete integration platform that meets the challenges of building, deploying and managing distributed systems. SpiritSofts open, standards-based approach leverages Java Messaging Service (JMS) and XML technologies to enable users to seamlessly integrate with legacy technologies and any proprietary middleware, delivering platform-independent multi-plug messaging, multi-channel delivery and dynamic event management. SpiritSofts technology ensures that the right information is delivered to the right place at the right time.

SpiritSoft is privately held and based in Boston, Mass., with offices in New York and its European HQ in London, UK. Founded in 1997, SpiritSoft is funded in part by Reuters Greenhouse Fund and Catalyst Fund. Key customers include, Instinet, LogicWorx, Market Data Corporation, Persistence, Prebon Yamane, Reuters, Sungard, Tullet & Tokyo and Vantra.