SourceCode Releases Beta 1 of Their Next Generation Platform, Code Named K2.net® 'BlackPearl'


REDMOND, Wash., Dec. 20 -- SourceCode Technology Holdings, Inc. (SourceCode), the creator of the K2.net® Enterprise Workflow Platform, today announced the first beta release of the new version of K2.net, codenamed "BlackPearl" to a select number of SourceCode partners and customers. The complete commercial version is expected to be released in early 2007.

K2.net "BlackPearl" is a radical new vision for satisfying currently unmet needs in the Business Process Management (BPM) space, providing a set of tools that empower IT to help the business rapidly assemble business-based applications.

Dennis Parker, President K2.net, said, "K2.net 'BlackPearl' is the culmination of three years of development and will form the platform on which we will launch our next generation process management platform. We have listened carefully to the needs of our customers and placed an emphasis on common and recurring themes. Major goals that we have set for ourselves in the 'BlackPearl' platform include empowerment of business users, improved line of business application integration, increased enterprise scalability, and flexible and integrated reporting."

Built on .NET 3.0, K2.net "BlackPearl" provides a powerful set of design experiences tailored for broad participation in the creation and deployment of process based applications. These experiences are surfaced in familiar tools that include Microsoft Visio, a web browser, and Visual Studio.NET 2005. Users have the ability to create, store, reuse, report on and personalize their experience to meet their individual needs.

The K2.net "BlackPearl" platform also gives IT the new ability to surface objects that users can leverage in the creation of their process based applications. Through the "SmartObjects" and "SmartFunctions" features in the platform, users are able to access and take action on information stored across legacy informational silos without having to understand where the information lives or how to retrieve it.

With K2.net "BlackPearl," the business and IT are empowered to work together in creating applications in ways not before possible. Additional capabilities will be announced throughout the beta term until official product release.

For additional information, contact: Josh Swihart by e-mail at josh@k2workflow.com or Tel: +1.415.299.2860

About SourceCode

SourceCode Technology Holdings, Inc. (www.k2workflow.com) develops the award-winning K2.net 2003 software. K2.net 2003 is the leading .Net based enterprise workflow platform and enables rapid solution assembly that optimizes interactions between people, systems and process.

SourceCode Technology Holdings, Inc. is headquartered in Redmond, Washington and has offices in the United States, Canada, the United Kingdom, France, Germany, South Africa, Australia, and Singapore.

Source: SourceCode Technology Holdings, Inc.

CONTACT:
Josh Swihart
SourceCode
+1-415-299-2860
josh@k2workflow.com

Web site: http://www.k2workflow.com/

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