[announce] Join Bowstreet, Accenture,State Street and Patricia Seybold Grou p for webcast on Tuesday, April 23

[Ann Kelly <akelly@bowstreet.com>]

State Street Global Advisors, Accenture and industry analyst Patricia
Seybold join Bowstreet's Frank Moss to debate and debunk common web services
myths in webcast moderated by CIO Magazine

PORTSMOUTH, NH, April 16, 2002 - Bowstreet (www.bowstreet.com) Chairman and
Co-founder Frank Moss on the J2EE versus .NET argument over web services
development:  "It's about as compelling an argument as Coke versus Pepsi.
Who cares how they are developed?  The real issue is how, once created, will
they solve business problems on the Internet today?" 

That's just one of the prickly discussion points attendees can expect to
hear when they register for the Bowstreet and CIO Magazine co-sponsored
webcast that promises lively discussion and debate around common web
services myths. The event, "Pay No Attention To That Man Behind The Curtain:
What The Hype-Meisters Of Web Services Aren't Telling You", aims to remove
the wool from the industry's eyes regarding the hype surrounding web
services. As the press continues its love affair with the major application
server vendors who claim web services leadership, the panelists will
redirect attendees from such tired arguments as J2EE versus .NET to the more
critical issue of how to harness content from existing web applications and
web services through powerful automation to solve real business problems on
the Internet today.

Bowstreet's Moss will join respected industry analyst, author and CEO of the
Patricia Seybold Group, Patricia Seybold, Jim Adamczyk, an Accenture
associate partner responsible for incorporating new technologies in the
company's Financial Services global operating unit, and Joe Kennedy,
principal at State Street Global Advisors, in a webcast moderated by CIO
Magazine Publisher Gary Beach on April 23, 2002. 

"We're really at the beginning of the web services story, and people are
focused on how web services will be created, rather than how they will be
used," Moss asserts. "But that silence is telling. It means they haven't
grasped the most difficult problem -- and the one that will unlock the true
potential of web services -- which is how to build applications dynamically
to meet business needs in real time." 

"[Web services assembly platforms] address a new need in the marketplace,
and it's a need that is going to get much larger, not smaller: how to mix
and match web services in order to quickly assemble robust net-Native
applications." Patricia Seybold, CEO, Patricia Seybold Group [Excerpted from
"What to Look for in a Web Services Assembly Platform", January 2002]. 

Yes, web services are important - but they alone are not the answer
Bowstreet and CIO Magazine, along with Accenture, the Patricia Seybold Group
and State Street Global Advisors, invite technology decision makers and
developers to attend this insightful webcast to hear why web services are an
important part of building a more flexible, responsive architecture -- but
also to hear why web services alone are not the answer.  Attendees can
register at http://www.itworld.com/bowstreet .

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