PolarLake and Woodbine Software Establish Partnership to Deliver Industry-Leading XML and Web Services Solutions to Enterprises in Nordic Region

25th March 2002 - PolarLake, the enterprise XML and Web Services company, today announced that it has signed a partnership agreement with Woodbine Software AB, the Swedish-based specialist in distributed IT architectures. This agreement enables Woodbine Software to distribute PolarLake's enterprise XML and Web Services products as part of its technology solutions to corporate customers in Nordic countries.

"In our search for potential partnerships in the Web Services and XML marketplace, we were very impressed by PolarLake's technology and vision. We are very careful to ensure that the products we select are of the highest standard and the most suitable for our market. The Nordic market is renowned for its technological advancement, therefore it is essential that we reflect this in the products we supply," said Peter Williamson, Sales & Marketing Director at Woodbine Software. "We are delighted to be working with PolarLake. Its enterprise grade XML and Web Services platform fits very well with our existing product range. We expect a very favourable reaction, especially from the Financial and Telecommunications sectors. The integration of business systems both within and between enterprises is a continuing problem and from our extensive evaluation of the PolarLake platform we see that this is a solution which can greatly simplify the integration process."

Speaking on behalf of PolarLake, Ronan Bradley, Vice President of Business Development said, "We are delighted to be partnering with Woodbine Software. The PolarLake development and deployment platform complements the other products from its existing partners." He added, "Woodbine Software will be a key player in our development, with its expertise in distributed software architectures and distinctive knowledge of its marketplace. We believe that the strong combination of our technology and Woodbine Software's high technical competence will guarantee success in the Nordic region."

The agreement between PolarLake and Woodbine Software will cover all countries in the Nordic region. Woodbine Software's extensive experience and knowledge of enterprises in this region will help to expand PolarLake's presence and the positive reaction expected from this technologically advanced marketplace will encourage widespread adoption of this innovative technology.

About PolarLake

PolarLake is focused on integration in the extended enterprise using XML and Web Services-based technology. Development of its patent-pending XML and Web Services technology began in 1999 and PolarLake was launched in September 2001 to take its vision forward into the emerging marketplaces in Financial Services, Telecommunications and elsewhere. Its flagship product, PolarLake, addresses the issues faced by enterprises developing and deploying Java-based XML and Web Services systems and architectures both within and between enterprises. Headquartered in Dublin, Ireland, PolarLake also has offices in Tokyo, Japan.

About Woodbine

Woodbine Software AB provides standards-based software technology products and associated consulting services to enterprise customers in the Nordic region; to enable those customers to build and integrate high-performance, next generation software applications faster than they are able to do using traditional techniques and technologies. Based in Gothenburg and with wide experience of designing distributed software architectures, Woodbine Software's customers include Ericsson, Scania, Simatic and others.

For more information please contact:

Breeda Crowley
Marketing Communications
PolarLake Block
F1, East Point Business Park
Dublin 3, Ireland
T. +353 1 449 1010
F. +353 1 449 1011
E: press@polarlake.com
W: www.polarlake.com

Gill Williamson
Woodbine Software AB
Taljegårdsgatan 11A
SE-431 53 Mölndal Sweden
T. +46 317 06 89 84
F. +46 31 27 94 42
E: press@woodbinesoftware.net
W: www.woodbinesoftware.net