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Software helps model and manage data across value chain.

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February 10, 2005 - BizFlow Integration Studio offers end-to-end system-level transaction modeling and management. It leverages service-oriented architectures and process exchange standards to facilitate multi-step, multi-system business-to-business integration. Software also enables clients to remove legacy system integration barriers and streamline business partner interactions using tools designed to facilitate delivery of maintainable integration solutions.

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Original Press release

HandySoft Global Corp.
1952 Gallows Rd., Suite 100
Vienna, VA, 22182
USA


HandySoft Extends Business Process Excellence Across Value Chain

New Product Module, BizFlow Integration Studio, Enables Organizations to Leverage a Services Oriented Architecture for Secure Business-to-Business Process Interoperability and End-to-End Transaction Management

VIENNA, Va., Feb. 7 -- . HandySoft Global Corporation, a leading provider of business process management (BPM) solutions, today formally announced a new product module that extends HandySoft's award-winning BizFlow BPM Platform, enabling customers to capitalize on process excellence practices beyond the enterprise, throughout the entire value chain. This new module, "BizFlow Integration Studio," offers HandySoft's clients end-to-end system-level transaction modeling and management, leveraging service-oriented architectures (SOAs) and process exchange standards to facilitate multi-step, multi-system business-to-business integration. BizFlow Integration Studio enables clients to improve operations by removing legacy system integration barriers and streamlining business partner interactions using tools designed for rapid delivery of maintainable integration solutions. BizFlow Integration Studio (BIS) is based on Cubic Thinks Integration Workbench, stemming from HandySoft's recent acquisition of Cubic Thinks integration engine company.

"The BPM market has reached the next phase, where deeper B2B integration and stronger SOA support have become critically important as organizations extend their business process initiatives to include more business partners and legacy systems," said David Kelly, president of Upside Research, Inc. "Successful BPM products must be able to support multi-system transactions across systems and people as well as manage the multiple types of partners involved in a B2B process."

BIS comes with a host of new features and capabilities aimed at developing, deploying, managing, and monitoring system-level process flows, with special features for seamlessly integrating these multi-step, multi- system transactions into an overall business process involving people. Features such as checkpoints, rollback, exception handling and monitoring ensure that system level processes execute as planned or roll-back appropriately to a previously stable state. Additionally, BIS includes partner profile management features designed to extend process excellence practices beyond corporate boundaries through business-to-business process integration.

In its Integration Landscape 2005 report, published December 2004, Forrester Research writes: "BPM is most likely to figure as [an integration] usage scenario when your primary objective is to improve a business process. For example, many consumer-lending companies are striving to dramatically cut the duration of the loan application cycle, which requires automating more of the steps in the process, and knitting them together with BPM. Had such a project been done two to three years ago, it would have been done with the last generation of technology; today it is highly likely to be done with SOA."

BizFlow Integration Studio will enable organizations to leverage BizFlow as a common Services Oriented Architecture facilitating secure business-to- business process interoperability across the value chain. The BizFlow Integration Studio includes the BizFlow Integration Server, which out- performed leading integration engines from Microsoft and Oracle in a variety of testing scenarios, and the BizFlow Integration WorkBench, a graphical working environment containing:

• Point and click service orchestration with flow logic, exception handling, commit and rollback, and monitoring features for multi-step, multi-system transaction development and control

• Service library and development tools, enabling organizations to achieve faster time to market and leverage reusability to control future project costs

• Graphical data maps, which eliminate extensive coding of data transformation logic, reducing project costs and development time

• B2Bi adapters and partner profile management features, providing standards-driven, secure process interoperability across the value chain

"HandySoft has been the long time leader in Business Process Management, delivering powerful and flexible process management capabilities with an emphasis on ease of use. We wanted to bring our unmatched strengths in human- to-human workflow and extend our system integration and transaction management," said Stuart Claggett, COO at HandySoft. "Cubic Thinks' proven transaction throughput, combined with visual mapping and a point-and-click approach to integration and transaction management, allows us to deliver these new capabilities while retaining the ease of use our customers have come to expect."

BIS will be generally available in Spring 2005.

About HandySoft Global Corporation

HandySoft Global Corporation is the premier provider of configurable software solutions that simplify and automate business processes; capture and enforce best practices; improve productivity and quality while reducing costs; integrate information technology; and foster collaboration among employees, customers, and partners.

The foundation for HandySoft's industry and departmental solutions is BizFlow(R), the award-winning platform for business process management, automated workflow, and collaboration. BizFlow offers complete capabilities for building and managing automated business processes, including tools for designing and monitoring the processes, presenting and accessing work, integrating existing IT systems, and administering the platform itself. As a global solutions provider, HandySoft Global is headquartered in Vienna, VA, with offices in Australia, Japan, London, and Korea, with strategic partner representation throughout the world. HandySoft has implemented process management solutions at hundreds of sites worldwide. For more information call +1-703-442-5600, email info@handysoft.com or visit http://www.handysoft.com/.

HandySoft, the HandySoft logo, BizFlow, and BizFlow Accelerator Suites are trademarks of HandySoft Global Corporation. All other trademarks are the property of their respective owners.

Contact Information:

Dennis O'Connor

Peter Arnold Associates (for HandySoft)

781-239-1030; cell: (781) 883-5109

doconnor@parnold.com
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