Cape Clear Software today announced the company achieved significant corporate milestones in 2005, highlighted by widespread customer adoption, key financial achievements and strategic management appointments, as well as increased awareness and recognition from industry analysts. With 75 new customers and more than 100 percent revenue growth over the previous year, Cape Clear continues to deliver on the promise of a simplified Service Oriented Architecture (SOA) platform for mission-critical deployments.
"Two thousand and five will be remembered as a watershed year in the evolution of SOA as a key driver behind delivering real IT value to business. It was a year that organizations turned away en masse from middleware incumbent solutions that cost millions in consultancy hours and billions of corporate IT dollars," said Annrai O'Toole, CEO, Cape Clear Software. "Our ongoing success is a reflection of a market shift that Cape Clear's ESB software is helping to drive by aligning IT with business to support enterprise-wide initiatives. Our ESB software is at the forefront of a movement that will force the incumbents to either adapt or face a slow death in the coming years."
Cape Clear attributes the company's success to the global demand for its Enterprise Service Bus (ESB) software and the increased market interest in a faster, simpler way to implement an SOA that is 100 percent standards-based and middleware agnostic. Cape Clear offers organizations the world's only ESB that is based completely on Web services and open standards, and designed to leverage existing IT systems -- an absolute contrast to the traditional proprietary integration technologies -- to automate key business processes and deliver new services.
Cape Clear made significant strides in expanding its global customer base in 2005 by adding 75 new customers, including high-profile companies such as Alliance Trusts, Boeing, General Dynamics, LandAmerica Financial, Lockheed Martin, MessageLabs, Northrop Grumman, Orange, P&O Ferries, Paychex, Pearson Education and RAI International. Further establishing itself as the premiere ESB technology provider for major, enterprise-wide government and commercial technology integration initiatives, Cape Clear also increased its partnerships with systems integrators, adding Accenture, CIBER, HP, SAIC and others during the year.
Cape Clear's 2005 corporate highlights also include advancements in the company's products and technology, increased industry recognition and key personnel appointments:
Product Advancements:
* Launched a series of new solutions for the federal, state and local
government, telecommunications and financial services sectors, each
targeted at solving specific industry challenges while delivering
significant cost and productivity benefits over alternative approaches.
* Released Cape Clear 6.1, which provides unprecedented flexibility and
support for reliable delivery of Web services messages, including WS-
ReliableMessaging for reliable delivery over Internet- and firewall-
friendly protocols and support for integration with JMS (Java Message
Service) providers including JBoss JMS, Oracle JMS, SonicMQ, TIBCO,
WebLogic JMS and WebSphere MQ.
* Announced availability of Cape Clear ESB for WebSphere, the only true
ESB that is fully integrated and optimized for the IBM WebSphere
environment, including the WebSphere Studio family of IDEs, WebSphere
Application Server and WebSphere MQ.
* Released Cape Clear 6.5, which simplifies mission-critical deployments
for the enterprise with improved high-availability features for long-
running, stateful business processes, expanded standards-based security
capabilities and improved developer support with a simplified, unified
and expanded development environment based on the Eclipse platform for
end-to-end SOA development.
Industry Recognition:
* Cited as an ESB leader by Forrester Research in the Forrester Wave(TM):
Enterprise Service Bus, Q4 2005. The report, which uses 100 criteria to
evaluate the top ESB vendors, positions Cape Clear as a leader in both
the ESB and ESB Suites categories.
* Positioned as a visionary in the 2005 Gartner Integration Backbone
Software Magic Quadrant.
Key Personnel Appointments:
* Named Jeffrey Read to president of international operations and hired
Chris Rowett as the company's director of technology in Europe in
response to the rapid increase in global demand for ESB technology.
* Appointed Joe Voica as president of Americas, James Rivera as vice
president of product management and James Pasley as chief technology
officer based on the importance of a seasoned leadership team to lead
all elements of technology and product strategy.
About Cape Clear Software
Cape Clear Software provides the fastest, simplest, and most proven way to implement a Service Oriented Architecture, delivering enterprise SOA projects in 20 percent of the time and cost of alternative approaches. With over 200 customers, Cape Clear is the proven leader in Enterprise Service Bus (ESB) software. Cape Clear's True ESB software is based completely on open standards, works with your existing infrastructure, and enables business users to flexibly align their business processes with their infrastructure. Founded in 1999, Cape Clear Software is a privately held firm with headquarters in Waltham, Massachusetts and offices in Atlanta, San Mateo, Dublin, and London.
For more information on Cape Clear Software, visit: http://www.capeclear.com/
Cape Clear, Inc. Horn Group, Inc.
Joe Lichtenberg Kim Pegnato
781-622-2383 781-356-7165
joe.lichtenberg@capeclear.com kpegnato@horngroup.com
