Fiorano Software Joins Industry Leaders as Founder Member of the EAI Industry Consortium

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Fiorano to assume a leadership position on several Consortium initiatives by joining as Founder Member status of the fast-growing EAI Industry Consortium. FioranoÂ?s CEO & CTO, Atul Saini joins as a Board Member of the Consortium and FioranoÂ?s Vice President, Amit Gupta is appointed Co-Chair of the Asia-Pac committee.

LOS GATOS, CA Feb 20, 2003 –based Integration, business process management and enterprise messaging solutions, today announced Founder Member status of the fast-growing EAI Industry Consortium. EAI Industry Consortium is an international non profit global advocacy group promoting the enterprise application integration industry dedicated to sponsoring research, education, best practices, standards & guidelines and articulating the strategic and measurable benefits of this business-driven approach. Fiorano’s CEO & CTO, Atul Saini joins as a Board Member of the Consortium and Fiorano’s Vice President, Amit Gupta is appointed Co-Chair of the Asia-Pac committee.

EAI Industry Trends

The EAI Industry is experiencing a state of growth, worldwide revenues are expected to grow from $38 billion in 2001 to $116 billion in 2005*. Throughout corporations integration has been identified as a major obstacle to business success. Consequently, in this fast paced highly competitive environment, access to the most accurate information, industry leaders, collaboration with business partners and suppliers becomes imperative to ensure a competitive edge.

“We are very excited that Fiorano Software, Inc and the entire Fiorano family have joined the EAI industry Consortium, and look forward to their contribution to all of the Consortium’s initiatives” says Michael Kuhbock, Chairman of the EAI Industry Consortium. "We congratulate EAI Industry Consortium member companies on their tremendous vision, contributions and success in taking a leadership position in this rapidly growing technology solutions segment. Fiorano has committed to actively participate in Consortium programs including assuming a Board/Executive position which is integral to our ongoing vision for delivering enterprise application integration platforms to the industry." said Atul Saini, CEO & CTO, Fiorano Software, Inc.

The EAI Initiative represents the collective set of investments industry leaders are making to facilitate business process integration within and between organizations using Internet-standard protocols and formats. The Initiative is made up of various integration solution Frameworks, various cross-industry investments including a business document library, as well as products and tools for developing, executing, and managing distributed business processes. These investments are being made with industry standard groups, technology and service providers, as well as key global organizations.

Fiorano is already an active member of the Business Process Management Initiative (BPMI.org), an organization for promotion of standards that empower companies to realize the advantages of efficient business process management. Earlier, Fiorano had displaced IBM in its very first deal with POSCO, the world's largest steel company. Using Fiorano’s Tifosi, POSCO is successfully streamlining and automating processes company-wide and also web enabling many of its operational support systems. Recently, Toshiba IT of Japan chose Tifosi over competing technologies to offer EAI and B2Bi solutions to its customers.

About Fiorano Software

Founded in 1995, Fiorano Software, Inc. is the leading provider of standards-based Integration, business process management (BPM) and Enterprise Messaging solutions. Fiorano's products include FioranoMQ, the world's fastest, most scalable Java Messaging (JMS) Server, and Tifosi, an Integration Broker Suite for distributed computing developed on top of JMS, XML, Web Services, SOAP and other standards. These products are used to support mission-critical applications at several Fortune 500 companies, including Alcatel, AT&T Wireless, Ericsson, FedEx, JP Morgan, KPMG, Morgan Stanley, American Express, and POSCO.

About the EAI Industry Consortium

The EAI Industry Consortium is a global advocacy group promoting Enterprise Application Integration (EAI)- the process of integrating multiple applications using incompatible technology into a corporate-scale systems solution. The Consortium sponsors research, education, best practices, methodology, standards & guidelines and articulates the strategic and measurable benefits of this business-driven approach. . Its goal is to attract active members from every country on all continents into joining the Consortium and create an EAI global network and identity. Globally bringing together industry knowledge through experience and interaction, by providing a venue to develop, create and debate. Among the technology sectors represented in the EAI Industry Consortium membership are; Independent Software Vendors (ISVs), Hardware Vendors, System Integrators, Educators, Corporations, Non-Profit Institutions and Individual Members as well as various Industry leaders. Information on the EAI Industry Consortium is available at http://www.eaiindustry.org or by contacting the Consortium at information@eaiindustry.org.

Fiorano can be reached on the web at http://www.fiorano.com or +1 408 354 3210. Free Evaluation copies of Fiorano’s Integration Suite, Tifosi 2002 can be downloaded at http://www.fiorano.com.

*Source International Data Corp.

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Ankur Gupta