XIGNITE AND JACKBE PARTNER TO “MASHUP” FINANCIAL WEB SERVICES WITH LEADING SOA DEVELOPMENT PLATFORM

San Mateo, Calif. - 18 June 2007

Joint Solution Demonstrated at This Week's SIFMA Technology Management Conference 2007

Xignite, the leading pure-play provider of financial web services for mission-critical corporate applications, and JackBe Corporation, the premier provider of Enterprise Web 2.0 infrastructure solutions that combine Service Oriented Architecture (SOA) and Ajax to create Enterprise Mashups and Rich Enterprise Applications (REA), today announced a joint solution that provides speed and flexibility for the development and deployment of web-based “mashup” applications. The solution combines both companies’ expertise and strengths to demonstrate the ease of integrating financial web services within a dynamic SOA environment, and to allow businesses to realize the full benefit of building a flexible IT infrastructure with SOA.

Xignite and JackBe are exhibiting their joint solution at the Securities Industry & Financial Markets Association (SIFMA) Technology Management Conference 2007, held at the Hilton New York hotel in New York City, NY. To learn more about the demo solution, please visit Booth #1738 between June 19 and 21, 2007 at the conference. Exhibits-only registration is available free online.

In this collaborated solution, JackBe has built a dynamic, user-configurable “mash-up” web application that consumes Xignite financial web services to support the critical time-to-market demands of financial services analysts and decision-makers. The demo solution is suited for financial institutions which specialize in investment research and asset management.

“As the development leader in enterprise mashups, JackBe opens a new and important development channel for wider adoption of financial web services,” explains Stephane Dubois, CEO of Xignite. “The JackBe platform lets financial institutions build and deploy rich web applications that truly address the needs of the business in just a few clicks. This is an old IT promise that was never delivered, but that the power of the Jackbe platform combined with the breadth and depth of our financial web service catalog finally make possible.”

John Crupi, CTO of JackBe, adds, “Xignite is a rich and broad financial market data provider with a unique catalog of on-demand web services. Their capabilities align perfectly with our strategy to provide the most robust, service-rich SOA platform possible to the Financial Services marketplace. Our application developer can build complete enterprise ‘mashup’ applications from the ground up, then scale financial functionality to more users than ever before.”

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