[announce] What's the next big thing in web services?

[Ann Kelly <akelly@bowstreet.com>]

What's the next big thing in web services?  Patricia Seybold says it's
'adaptive applications'

Bowstreet Factory 5 delivers on that vision today with a software technology
breakthrough called 'Builders' 

PORTSMOUTH, NH, April 16, 2002 - Web services pioneer Bowstreet
(www.bowstreet.com) today unveiled the fifth generation of Bowstreet's
flagship product, Bowstreet(TM) Factory 5. This latest release includes more
than 100 Bowstreet Builders(TM), virtual programmers that enable real
programmers to create highly adaptive web applications that assemble and
reassemble themselves based on changing customer, partner and employee
needs. The Factory 5 automated assembly environment, available today,
complements industry standard application server platforms from BEA Systems,
IBM and Sun Microsystems (please see supporting quotes at
www.bowstreet.com).

Technology analyst Patricia Seybold, founder and CEO of the Boston-based
Patricia Seybold Group, says, "There's a near term benefit available from
web services that many have overlooked.  It's the idea that you can put
applications together dynamically from building blocks in your services
inventory.  If one of those services needs to change, for instance you
switch the order entry system from Siebel to SAP, the application can
dynamically process and consume the service, with no noticeable effect on
the application or inconvenience to the customer.  That's the kind of thing
that businesses can do today to be more adaptive and flexible in response to
customer needs." 

Northwestern Mutual uses Bowstreet Builders to provide each of its financial
representatives, district agencies and general agencies a unique web site of
their own for customers to view.  Each financial representative, district
agent and general agent can customize information specific to his or her
agency.  With Bowstreet, developers simply build a set of adaptive
frameworks that, driven by user profiles, assembles each of these unique web
sites at runtime.  Without Bowstreet, Northwestern would have had to build,
deploy and manage each site one by one.
 
"In reality, of course, it would not have been cost-effective to build,
deploy and manage thousands of unique sites for our distribution system,"
said Bob Kowalsky, Vice President and Chief Architect, Northwestern Mutual.
"With Bowstreet as a part of our architecture, we were able to deliver a
quality product to our distribution system."

An automated assembly environment for legacy IT assets and web services 
Bowstreet Builders are the foundation for Bowstreet Factory 5, an automated
assembly environment that speeds the process of building real-time
enterprises in which organizations extend their most valuable business
processes -- distribution channels, customer self-service, collaborative
supply chain, employee benefits, etc. -- from the back office onto the web.
Builders automatically perform and coordinate construction and assembly
tasks at runtime, just when end users need them. These tasks include making
the correct web pages, integrating the right legacy IT assets, calling the
required web services, directing site navigation and controlling application
logic -- all without the intervention of a programmer. With Builders,
developers can create a single adaptive framework that can instantly
generate thousands of unique applications. 

Bowstreet Chairman and Co-Founder Frank Moss said, "Builders are the
fulfillment of Bowstreet's mission to unleash the power of web services.
With Bowstreet Factory 5, our customers can now create highly adaptive web
applications that leverage their investments in application platforms from
BEA, IBM and Sun; re-use existing IT assets; and exploit web services as
they emerge."

Accenture, the world's leading management and technology services
organization, plans to offer Bowstreet Factory 5 to joint clients that want
to take advantage of web services. "We formed an alliance with Bowstreet
more than a year ago to provide joint customers with a powerful tool for
creating business solutions based upon web services.  We see opportunities
for clients to lower costs and serve customers faster with web services that
combine strategic business processes with information technology through
Bowstreet's Factory 5 platform," said Jim Adamczyk, an Accenture associate
partner responsible for incorporating new technologies in the company's
Financial Services global operating unit.

Factory 5 runs on BEA, IBM and Sun J2EE platforms
Bowstreet Factory 5 works with J2EE development tools from BEA, IBM and Sun
Microsystems, and operates on their application servers.  "Web services
represent an exciting technological development.  Developer productivity
increases with the combination of Sun ONE Application Server(TM) and
Bowstreet automating the assembly of web applications," said Marge Breya,
Vice President, Sun ONE.  "A customer's information assets can be leveraged
for maximum business benefits as either entire web applications provided as
services, or components rolled out in the form of web services. Factory 5's
deeper integration with Sun ONE's leading J2EE platform will empower our
joint customers to take advantage of Sun's open architecture for building
and deploying web applications and services on demand, and Bowstreet's
ability to assemble and customize them at run-time." 

Other new features in Factory 5
Bowstreet Builders' capabilities draw on Factory 5's enhancements such as
deeper J2EE integration and web services standards support. Every
application the Factory produces is now a fully compliant J2EE application
that harnesses all of J2EE's security, clustering, failover and user
management capabilities, and every web page is a Java Server Page (JSP).
Developers can easily integrate, repurpose, modify and extend these
applications at will. Bowstreet supports the latest versions of the WSDL,
SOAP, UDDI and XML web services standards, making it easy for developers to
publish, find, describe and call web services. 

Bowstreet was the first company to act commercially on web services, in
1998. It has since refined the Factory based on experience in more than 60
customer engagements with companies like Northwestern Mutual, Cisco, DuPont
and MetLife. 

About Bowstreet 
Bowstreet, a pioneer in the web services revolution, provides Bowstreet
Factory 5, the industry's first automated assembly environment for creating
and maintaining highly adaptive web applications. These applications, which
re-use legacy IT assets and incorporate web services, can assemble and
reassemble themselves at runtime based on the profiles of users or systems
that access them. As a result, companies can quickly move their most
important business processes to the web and instantly respond to changing
business conditions. More information can be found at www.bowstreet.com or
by calling 603-559-1900.

# # #

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