InterSystems and Nexaweb Partner to Offer Enterprise Internet Application Development Environment

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Date: Mon, 29 Mar 2004 09:51:53 CST

InterSystems Corporation and Nexaweb Technologies, Inc. today announced
they have joined forces to deliver rich user interface functionality to
enterprise Web applications built on InterSystems’ high-performance
CACHÉ database. The announcement comes in conjunction with InterSystems’
annual Developer Conference, DEVCON 2004 (March 28-31 in Orlando, FL).
For more information, please contact Sabrina Kidwai at 803-699-0710 or
by email at skidwai@shoorpr.com. Press release follows.

=========================================================================

Contacts:

Sabrina Kidwai
Shoor & Company
803-699-0710
skidwai@shoorpr.com

Maureen Flaherty
InterSystems
617-621-0600
flaherty@intersystems.com

Scott Malinowski
Citigate Cunningham
617-374-4223
smalinowski@citigatecunningham.com

Crystal King
Nexaweb
617-577-8100 x2002
cking@nexaweb.com

               InterSystems and Nexaweb Partner to Offer
        Enterprise Internet Application Development Environment
    High-Performance CACHÉ Database Supports Rich Enterprise Internet
                              Applications

CAMBRIDGE, Mass.—March 29, 2004—InterSystems Corporation and Nexaweb
Technologies, Inc. today announced they have joined forces to deliver
rich user interface functionality to enterprise Web applications built
on InterSystems’ high-performance CACHÉ database. The announcement comes
in conjunction with InterSystems’ annual Developer Conference, DEVCON
2004 (March 28-31 in Orlando, FL).

The alliance will combine Nexaweb’s Enterprise Internet Application
platform with InterSystems’ CACHÉ post-relational database to offer
customers the benefits of rich Internet applications, including
increased end-user productivity and lower application deployment costs.

InterSystems develops and markets the high-performance, low-maintenance
CACHÉ database and the Ensemble rapid integration platform. Nexaweb’s
software helps businesses develop rich enterprise Internet applications
that provide the in-depth functionality of desktop applications with the
deployment scale of the Internet. Through this alliance, InterSystems
and Nexaweb will offer a program designed to enable software development
organizations to quickly build and deploy CACHÉ-based rich enterprise
Internet applications to their customers.

The advanced technology featured in CACHÉ, which provides a RAD
environment that is optimized for building highly scalable Web-based
applications, was a major reason behind the selection of InterSystems as
a database partner, according to Larry Geisel, Nexaweb CEO. “Our
customers demand applications with high performance and adaptability.
CACHÉ delivers the performance and functionality Nexaweb customers are
looking for.”

“InterSystems is delighted to be partnering with Nexaweb. A solution
that leverages the power of CACHÉ to develop and deploy real-time
Internet applications will be very attractive to our customer base,
especially those in extremely competitive sectors such as financial
services. Nexaweb’s technology will add value to our customers’
applications,” says Paul Grabscheid, InterSystems vice president of
strategic planning.

Nexaweb is kicking off its CACHÉ-based initiatives with a
proof-of-concept program that will be targeted at mid-to-large-sized
financial services companies.

About InterSystems

Headquartered in Cambridge, Massachusetts, InterSystems Corporation
(www.InterSystems.com) has served the needs of IT organizations and
independent software vendors for more than two decades. InterSystems'
showcase products, the CACHÉ post-relational database and the Ensemble
integration platform, enable the rapid creation and fast integration of
high-performance applications. Over four million people use
mission-critical applications based on InterSystems' software. Twenty
regional offices serve application developers and integrators around the
world, and 24 x 7 support is provided for all InterSystems products.

About Nexaweb

Based in Cambridge, Mass., Nexaweb Technologies, Inc. (www.Nexaweb.com)
provides the leading software platform for building and deploying
Enterprise Internet Applications. Nexaweb customers enjoy more efficient
business operations, faster time to market and competitive advantage.
Nexaweb-powered applications offer the scalability and deployment
efficiencies of the Internet while delivering the functionality and
power of enterprise applications. With Nexaweb, businesses can deploy
mission critical applications via the Internet without compromise.

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