SBYN Seebeyond Technology Corp (MM)

As provider of the world's first fully integrated composite application network suite for advanced integration and composite application solutions, SeeBeyond (Nasdaq:SBYN) today announced that it is positioned in the visionary quadrant of Gartner's Magic Quadrant for B2B Gateway Providers, 2Q05.(1) SeeBeyond also announced today that it will be hosting a webinar, featuring CenterPoint Energy and highlighting the value of an SOA-based business-to-business (B2B) Gateway. The webinar will discuss how CenterPoint is leveraging SeeBeyond to deploy a B2B gateway to reduce IT development costs, improve time-to-market, reduce Total Cost of Ownership (TCO) and increase process transactions time by 50%. To view the webinar, please visit http://www.seebeyond.com/events/cswebinars.asp. Gartner, Inc. uses its Magic Quadrant research to position vendors in a particular market segment based on their vision and ability to execute that vision. According to the Magic Quadrant Criteria for B2B Gateway Providers, by Frank Kenney, principal analyst, Gartner, "The second-quarter 2005 B2B gateway Magic Quadrant rating process involves primary research via technology analysis, product demonstrations, direct client feedback to analysts throughout the previous year, and references supplied by the vendors. Gartner considers client feedback to be one of the most-critical measures of the potential of a B2B gateway vendor, and this criterion continues to influence positioning." The B2B Gateway Magic Quadrant represents a vendor's completeness of vision with respect to the requirements and conditions that characterize the B2B gateway market across the following criteria: -- Trading-Partner Management -- Secure Communications -- Workflow -- Business Activity and Event Management -- Adapter Technologies -- Transformation -- Openness and Standards Compliance -- Quality of Service "Real-time B2B processes are critical for companies aiming to make improvements in overall supply chain efficiencies," said Alex Demetriades, Executive Vice President of Products for SeeBeyond. "And added value comes with the ability to leverage a suite of technologies to support B2B tools in conjunction with EAI, BPM, BAM and exception management capabilities all within one comprehensive development environment. We feel being placed in the Visionary Quadrant for B2B Gateway Providers in addition to the recent placement in the Leaders Quadrant of the Integration Backbone Software Magic Quadrant(2) further confirms our technology market position in offering a fully integrated suite of technology that provides a flexible, future-proof development environment for process optimization." Since its introduction in October 2003, the SeeBeyond Integrated Composite Application Network Suite (SeeBeyond ICAN Suite) has enabled corporate IT teams to rapidly assemble powerful, enterprise-scale, end-user applications built upon existing systems and infrastructure. Based on a Service-Oriented Architecture (SOA), the SeeBeyond ICAN Suite addresses solutions encompassing EAI, B2B, BPM, BAM, ETL, Portal, Master Data Management and Composite Application development, allowing customers to automate core business processes to dramatically improve operations. For more information about the suite, please visit http://www.seebeyond.com/software/ican.asp. About SeeBeyond With more than 15 years of software innovation and real-world experience in integrating systems across Global 2000 organizations, SeeBeyond (Nasdaq:SBYN) delivers the industry's first integrated composite application network built on a comprehensive integration platform. The SeeBeyond(R) Integrated Composite Application Network Suite(TM) helps organizations rapidly assemble and deploy enterprise-scale end-user applications built on existing systems and infrastructure to dramatically improve business operations. SeeBeyond has approximately 2,000 customers worldwide, including Blue Cross Blue Shield of Massachusetts, BHP Billiton, The Cleveland Clinic, The Dial Corporation, DuPont, Florida Power & Light, Fluor Daniel, Fujitsu, General Motors, Halliburton, Hertz Corporation, HP, Lockheed Martin, Pfizer, Samsung and Sprint. For more information, please visit www.SeeBeyond.com. SeeBeyond is a registered trademark of SeeBeyond Technology Corporation in the United States and select foreign countries. SeeBeyond Integrated Composite Application Network Suite is a trademark of SeeBeyond Technology Corporation. The absence of a trademark from this list does not constitute a waiver of SeeBeyond Technology Corporation's intellectual property rights concerning that trademark. All other brands or product names are trademarks of their respective owners. (1) Frank Kenney, "B2B Gateway Providers 2Q05 Magic Quadrant", Gartner, Inc., 5 April 2005. (2) Magic Quadrant for Integration Backbone Software, 1H05, R. Schulte, J. Thompson, Y. Natis, M. Pezzini, J. Sinur, F. Kenney, M. Cantara, J. Correia, P. Malinverno, B. Lheureux; Research Note April 15, 2005. The Magic Quadrant is copyrighted April 5, 2005 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.