Bowstreet's Business Web Factory wins Crossroads 2001 A-List Awar d

[Ann Kelly <akelly@bowstreet.com>]

Bowstreet's Business Web Factory platform wins Crossroads 2001 A-List Award 

Independent research firm recognizes Bowstreet's Business Web Factory among
best, field- proven technologies for today's business challenges 

LYNNFIELD, MA, January 30, 2001 -- Bowstreet (www.bowstreet.com) today
announced that its Business Web Factory platform was recognized by the
independent research firm Open Systems Advisors, Inc. (OSA) as one of the
top, field-proven technologies for today's business challenges
(www.crossroads-osa.com). 

The Bowstreet(TM) Business Web Factory is a software infrastructure platform
used to create and manage a new class of dynamic, web-native applications
composed of plug-and-play web services. Using the Business Web Factory,
companies can connect on-the-fly with their partners and customers to
achieve extended business reach and adapt to change in minutes instead of
months. In a related announcement yesterday, Bowstreet introduced a series
of enhancements to version 3.0 of the Business Web Factory (see related
press release, dated 1/29/01).

According to Nina G. Lytton, president of OSA, "The Bowstreet Business Web
Factory enables IT to substitute smarts for sweat when developing and
maintaining multiple, affiliate-specific permutations of a web service.
With Bowstreet, businesses see themselves on a path to profitability because
they can bring new revenue-generating channels onstream far more quickly and
with lower-skilled staff.  Established businesses also credit Bowstreet with
delivering the freedom to make business decisions about online channels and
partners without a costly, lengthy IT build-out for each new relationship."


OSA selected the Bowstreet Business Web Factory to receive a Crossroads 2001
A-List Award following extensive research. In-depth, confidential interviews
with experienced customers were the cornerstone of the judgment process. OSA
has also published a Crossroads 2001 A-List Awards Brief, available at
www.crossroads-osa.com, that clearly outlines the business benefits of each
company's winning solution, concisely summarizes the technology
differentiators, and validates solutions based on detailed reviews of the
vendors' products or services and strategies. 

OSA stated in the Bowstreet Award Brief that, "The Bowstreet Business Web
Factory has won an early following among both enterprise and net economy
customers. Bowstreet enables businesses to completely change the economics
of selling through a web-based business network. Their Business Web Factory
platform helps business automatically aggregate and present products and
services differently for each of their own-brand, co-brand, and
private-label channels."
 
"It is extremely gratifying to have an influential, independent research
firm like OSA publicly validate Bowstreet's Business Web Factory platform as
a top technology solution ideally suited for today's e-business challenges,"
said Bob Crowley, Bowstreet's president and CEO. "Bowstreet's Business Web
Factory is a convergence platform that future-proofs companies' existing
investments, allowing business people to unify disparate web-related
initiatives while delivering significant, measurable total cost of ownership
savings." 

Eighth Annual Crossroads Conference
Winners of the Crossroads 2001 A-List Awards and their customers will be
recognized at the Crossroads Conference to be held March 18-21, 2001 at the
Wigwam Resort in Phoenix, AZ.  Additional information, including excerpts
from the Crossroads 2001 A-List Awards Briefs, can be found at
www.crossroads-osa.com, or by contacting Meleena Erikson at 617-859-0859 or
merikson@crossroads-osa.com. 

About Open Systems Advisors, Inc. and the Crossroads Research Program
Founded in 1989, Open Systems Advisors, Inc. (OSA) provides a real-world
perspective on using new technology in business. OSA's research is based on
an ongoing and in-depth dialogue with hundreds of seasoned IT executives and
business leaders who are using emerging technologies to achieve business
results. OSA reports the Crossroads Decisions, confers the Crossroads A-List
Awards and produces the Crossroads Conferences.  

For additional information, contact the company at: Open Systems Advisors,
Inc., 268 Newbury Street, Boston, MA 02116, Tel: 617-859-0859;
www.crossroads-osa.com.

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. Crossroads is a registered trademark, and Crossroads
A-List, Crossroads Decisions and Bizno-tech are trademarks of Open Systems
Advisors, Inc. 
 
Contact:	

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

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