Bowstreet announces version 3.0 of Business Web Factory platform

[Ann Kelly <akelly@bowstreet.com>]

Bowstreet Business Web Factory unifies e-business initiatives with
industry's first platform for plug-and-play web services

Business Web Factory "future-proofs" e-business investments, reduces costs,
expands reach and enables dynamic change


LYNNFIELD, MA, January 29, 2001 -- Bowstreet (www.bowstreet.com), a leading
provider of software infrastructure for the creation, integration and
management of a new class of dynamic e-business applications composed of
plug-and-play web services, today announced version 3.0 of the Bowstreet(TM)
Business Web Factory. The Business Web Factory 3 will enable companies to
seamlessly manage diverse e-business projects, such as partner extranets,
employee self-service intranets, enterprise information portals and supply
chain integration, converging them under a single, integrated business webs
approach.

The newest version of Bowstreet's Business Web Factory comes at an opportune
time, as enterprises begin to fully recognize and appreciate how
plug-and-play web services - web-native application components - can and
will dramatically affect virtually all of their e-business undertakings.
"Yesterday's new economy was about speed to market at any cost. Today's
'sensibility economy' is about making smart, strategic e-business
investments that propel business forward while leveraging existing assets
and best-of-class technologies," said Bob Crowley, president and CEO of
Bowstreet. "From the product's inception in 1999, the Bowstreet Business Web
Factory has been designed from the ground up to meet the needs of a web
services environment." 

The vendor-neutral Business Web Factory consumes any vendor's web services
and uses open standards including XML, SOAP, XAML, and DSML to deliver
significant, measurable Total Cost of Ownership savings across diverse
e-business initiatives.  The Business Web Factory's unique parametric
change-automation technology allows companies to rapidly change and expand
web applications in response to new business demands. Further, the Business
Web Factory allows programming components to be re-used among a variety of
IT initiatives, thereby reducing cost and complexity while speeding
time-to-market of each subsequent development project. Unlike hard-wired
solutions, Bowstreet's Business Web Factory provides a platform of
"guaranteed flexibility" that transforms a rigid IT infrastructure into a
supple, malleable business web.

"With the Bowstreet Business Web Factory 3, we approach the Holy Grail of
pure plug-and-play e-commerce development," said Gene Ostrovsky, executive
vice president of The Thread, a leading provider of web-enabled supply chain
functionality for the apparel, footwear and related industries. "We are now
able to provide our customers with even richer business web experience,
while greatly improving the productivity and effectiveness of our
application developers and testers."

Web services "warehouse" and wireless support highlight new enhancements 
"With every enhancement, we've anticipated a customer requirement or
answered a pressing industry need," explained Rose O'Donnell, Bowstreet's
vice president of engineering. "The Bowstreet Business Web Factory 3 strikes
at the heart of companies' most fundamental business problems by providing a
way to integrate and execute sensible e-business initiatives." 

Brand new enhancements to the Business Web Factory enable non-technical
business people to:
	Point and click to harness software components like enterprise Java
Beans, Java Server Pages, COM components, Active Server Pages, SOAP-based
services, and Microsoft .NET services, then deploy them in business webs;
	Select desired web service components from a "warehouse" and then
extend the resulting business webs to partners and customers to create
instant online business-to-business relationships on any web-connected
device, including wireless devices;
	Deploy business webs onto any wireless device, including cell
phones, pagers, PDAs and more. Wireless users will be able to receive data
and services that are more targeted, flexible and current than available
through the standard approach of deploying content from monolithic,
hard-wired applications;
	Graphically depict business webs for faster, easier, richer
development;
	Enable multiple business managers to simultaneously customize the
same business web, and enable single business managers to simultaneously
customize multiple business webs;

IT staff can:
	Use leading commercial or proprietary security management systems,
such as those from Netegrity and Securant, as an alternative to LDAP
directories, to provide fine-grained access control to web services and
business webs;
	Monitor their business webs with standards-based network monitoring
tools from BMC, Computer Associates, HP and Tivoli;
	Cluster Bowstreet Business Web Factory servers to provide full
failover protection and let administrators control them as a logical whole
with common properties and shared user session data;
	Plug the Bowstreet Business Web Factory 3 into integrated
development environments (IDEs), beginning with Inprise's JBuilder.

Packaging, pricing and availability 
The Bowstreet Business Web Factory 3 will be available February 5, 2001
through Bowstreet's direct sales force and selected system integrators.
Please contact sales@bowstreet.com for pricing and licensing information.

System Requirements
The Bowstreet Business Web Factory runs on the Sun Solaris, Microsoft
Windows NT and Microsoft Windows 2000 server operating systems. It requires
one of these directory services: Netscape Directory Server or Novell NDS.

About Bowstreet
Bowstreet is one of the first companies focused exclusively on creating the
software breakthroughs required to support business webs - the emerging
model for companies in the digital economy.  Bowstreet provides one of the
industry's first business web platforms - the software infrastructure for
the creation, integration and management of a new class of dynamic
applications composed of plug-and-play web services. Unlike hard-wired
solutions, Bowstreet's Business Web Factory platform was designed from the
ground up to be totally vendor-neutral, employing highly innovative,
parametric change-automation technology.  With Bowstreet's Business Web
Factory, technologists can design massively customizable business web
applications that empower business people to expand their business web
relationships instantly. For more information, visit www.bowstreet.com or
call 781-586-7100. 

# # #

Bowstreet is a trademark of Bowstreet, Inc. All other company names and
product names may be trademarks or registered trademarks of their respective
companies or owners. 

Contact:	

Ann Kelly
Bowstreet
603-559-1557
akelly@bowstreet.com

Tim Munroe 					 
Beaupre & Co. Public Relations Inc. 		
603-559-5820					
tmunroe@beaupre.com