Informatica Adds EII Capabilities to Market-leading PowerCenter Data Integration Platform
Signs strategic development and OEM agreement with Composite Software
REDWOOD City, Calif. - March 28, 2005 - Informatica Corporation (NASDAQ: INFA), a leading provider of data integration software, today announced a development and OEM partnership with Composite Software, a provider of award-winning Enterprise Information Integration (EII) solutions. Under the agreement, Informatica will immediately offer the Composite Information Server as a complement to the Informatica PowerCenter data integration platform. From the PowerCenter platform, customers can now directly access data “on the fly” from their transactional systems which, when combined with historical data already residing in their data warehouses, will provide them with a more comprehensive view of their business and help enable a faster response to changing market conditions.
Informatica also announced that the two companies are conducting joint-development activities, and sharing intellectual property, code and engineering plans, to fully integrate the Composite Information Server technology with PowerCenter. The first phase of integration is scheduled for the “Zeus” release of PowerCenter in Fall 2005, which represents a significant acceleration of Informatica’s product-delivery roadmap.
“Informatica last month unveiled its 18-month product roadmap, which outlined the addition of federated-querying capabilities to the PowerCenter platform by late 2006,” said Girish Pancha, executive vice president of products at Informatica. “Today’s announcement steps up the delivery of that capability by more than one year - immediately combining best-of-breed EII and enterprise data integration functionality into an integrated, open platform. Informatica chose Composite as its partner of choice after a detailed, year-long evaluation process because it clearly offered the most robust EII functionality on the market and will deliver the greatest benefits to our customers.”
EII technology enables on-the-fly federated views - and real-time reporting - of information spread across multiple data sources, without first needing to physically move the data into a centralized repository. Customers can extend their data warehouse architecture to access new and existing data sources seamlessly, while fully leveraging PowerCenter’s robust transformation engine, metadata and cleansing. When used in conjunction within an open, unified architecture, the two technologies provide a more complete view across disparate systems in the enterprise while extending data-access capabilities to a broader range of end users within an organization.
“EII is an ideal addition to the data integration toolset. Companies can now more easily reach out to additional data not in the warehouse, join it with warehouse master data, and deliver it in the form of real-time, reusable views to reports, dashboards and other applications,” said Jim Green, chairman and CEO of Composite Software. “We’re pleased to be collaborating with Informatica in melding these two core integration technologies, and look forward to providing users with further data-access flexibility and economies of scale.”
Composite’s EII technology is designed for simplicity, performance and breadth of data access when creating real-time composite views across disparate data sources. Like PowerCenter, Composite technology is based on a services-oriented architecture that promotes extensive reuse of objects, views and services; provides robust metadata; and employs a graphical interface for simplified development and management.
“Dynamic access to operational data is a critical enhancement to any conventional enterprise data integration architecture, one that is an inevitable development in the natural evolution of technology in this market,” said Carl Olofson, program director, information management and data integration at IDC. “Offering seamless, immediate heterogeneous data connectivity to any IT environment represents an advance in data integration that adds a level of flexibility critical to achieving the goals of the dynamic enterprise.”
The Composite Integration Server will be available on an OEM basis from Informatica in the second quarter of 2005, and is being jointly supported by Informatica and Composite Software. First-phase integration of the two technologies is currently scheduled to be delivered in Fall 2005.
This press release contains forward-looking statements about the timing of product releases and the combination and integration of Informatica’s products with third-party technology. These statements reflect Informatica’s current beliefs and are based on current information available to Informatica. The ability of Informatica to achieve these business objectives involves many risks and uncertainties that could cause actual outcomes and results to differ materially, including the company’s ability to timely develop and release the combined technologies and the company’s ability to achieve the expected efficiencies and functionality of the combined technologies. Further risks are detailed from time to time in Informatica’s SEC reports, including its Form 10-K Report and Form 10-Q filings.? Informatica assumes no duty to update any of the forward-looking statements in this release.
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About Informatica
Informatica Corporation (NASDAQ: INFA) is a leading provider of enterprise data integration software. Using Informatica products, companies can access, integrate, migrate and consolidate enterprise data across systems, processes and people to reduce complexity, ensure consistency and empower the business. More than 2,100 companies worldwide rely on Informatica for their end-to-end enterprise data integration needs. For more information, call 650-385-5000 (800-970-1179 in the U.S.), or visit company’s web site at http://www.informatica.com.
