VATA Versata (MM)

Versata(R), Inc. (Nasdaq:VATA), a leading independent provider of rapid application development platforms to automate and manage complex, data-intensive business systems, today announced that it has joined the Eclipse Foundation. Eclipse is the leading platform for Java development tools and is used as the strategic foundation for developer tools within the Versata product line. Versata's new business rules engine, Versata 6(TM), which became generally available earlier this month, makes significant use of the Eclipse tools. Versata 6 Workbench(TM) provides a rich metamodel implemented in EMF and eCore that unifies and integrates decision, process, transaction and data rules with an Eclipse development environment. Versata 6 also supports the team development capabilities of Eclipse, including check-in/check-out functionality, integrated source code management and background builds. Versata 6, working in combination with the JBoss(TM) application server, supports interactive debugging with near real-time dynamic code updates to improve test and debug productivity. Developers can make changes in Versata 6 rules and dynamically run and update debugged code in the application server, providing a fully interactive development environment. Versata is also contributing to the proposed Eclipse Model Driven Development Integration (MDDi) project within the Eclipse organization. This proposed project is designed to develop a platform that can offer integration capabilities needed to adopt and deploy a Model Driven Development (MDD) approach. "Early in 2004, we made a major commitment to Eclipse as the core of our new metamodel and development tooling environment, and it has provided tremendous technology and engineering payback to us," said Brett Adam, CTO and vice president of engineering, Versata Inc. "As a result, our customers now benefit from proven, current, feature-rich, development tools that give them the tightly integrated, yet open environment they've been seeking." "Versata's adoption and support of some of the more advanced modeling features in Eclipse is a great validation of Eclipse and the Eclipse Foundation," said Mike Milinkovich, Executive Director of Eclipse Foundation. "Versata's approach of combining model-driven development with business rules will provide a valuable addition to the suite of solutions running on Eclipse." About Versata Versata provides solutions for automating and simplifying the building, maintenance and ongoing evolution of large, complex, data-intensive enterprise applications. The Versata solution effectively and efficiently replaces time intensive hand-coding efforts with simple, intuitive business rules and graphical process flow specification. Versata Global 2000 customers include Bank of America, B. T., Cendant, CGI-AMS, JPMorgan Chase & Co., Meridian Health Care Management, Merrill Lynch, and Union Bank of California. For more information, please visit http://www.versata.com. Versata is a registered trademark and Versata 6, Versata 6 Workbench and Versata 6 Business Rules Engine are trademarks of Versata, Inc. in the United States and other countries. Other trademarks are property of their respective owners.