SOURCE: Aeturnum, Inc.

Aeturnum, Inc.  Software Development Services and Solutions

September 16, 2009 08:00 ET

Aeturnum, Inc. to Integrate WaveMaker Into Its Athiva Application Development Platform

OEM Agreement Provides Athiva Users With More Flexible Web and Cloud Development Capabilities to Further Reduce Time to Market

WESTFORD, MA--(Marketwire - September 16, 2009) - Aeturnum, Inc., a provider of enterprise software development services and solutions, today announced a new OEM agreement with WaveMaker Software, provider of the first Open Platform as a Service. Under the agreement, Aeturnum will integrate WaveMaker's web and cloud development platform into the next release of its Athiva application development platform to provide users with an even easier way to build web and cloud applications without complex coding. The combination will enable users to further streamline software development timeframes and reduce cost of ownership. The companies will also collaborate on sales and marketing.

Athiva is an open development platform designed for both internal development organizations and software product companies. It incorporates a set of ready-to-use and highly customizable business application services commonly used in enterprise software products including Enterprise Payment, Enterprise Search, Business Intelligence, Access & Identity Management, Content & Document Management, e-Commerce, Hierarchy Management and Business Process Management. These modules deliver the foundation for building and integrating both B2B and B2C software applications and can shorten the development lifecycle of any enterprise application or product by as much as 50% or more.

WaveMaker is the first software company to offer an Open Platform as a Service solution for developing web and cloud applications with built in, self-service customization. The WaveMaker platform combines a secure, multi-tenant server framework with a web-based, self-service studio, enabling end-users to customize web and cloud apps without coding.

The WaveMaker platform is backed by a 10,000 strong developer community and provides a robust, standards-based platform for developing applications that can run either in the cloud or in the enterprise. Customers include KANA, Amdocs and IBM. WaveMaker has also partnered with IBM and RightScale as part of IBM's Cloud Quickstart Program for ISVs.

"By incorporating WaveMaker into its Athiva Platform, Aeturnum is changing the rules for developing web and cloud applications," said Christopher Keene, CEO of WaveMaker. "High costs and complexity no longer have to be part of the equation. Together, WaveMaker and Aeturnum are dropping the time and costs to develop and deploy enterprise-class web applications."

"Our ISV and enterprise customers want speed and choice," said Rajat Bhakhri, president and CEO at Aeturnum. "WaveMaker is the only web and cloud development platform that is based on open standards. It gives our customers tremendous flexibility in how and where to deploy their applications."

About WaveMaker Software

WaveMaker Software™, the first Open Platform as a Service, provides a faster, easier way for developers to build web applications for on-site or cloud deployment. WaveMaker is privately held and headquartered in San Francisco, California, and is funded by Allegis Capital, Sippl Investments, Hummer-Winblad and Worldview Technology Partners. For more information, please visit http://wavemaker.com.

About Aeturnum

Aeturnum is a leading provider of enterprise software development services and solutions with offices in Westford, MA and R&D centers in Colombo, Sri Lanka. The company provides comprehensive IT solutions and services, including product engineering, systems integration and software platforming to both large companies and funded technology startups. The Aeturnum team has deep expertise in enterprise search, enterprise collaboration, business intelligence, data warehousing, software quality assurance and testing, and e-billing and payment. More information is available at www.aeturnum.com.

WaveMaker Software, WaveMaker Cloud Edition, Web Fast and CIO Safe are trademarks of WaveMaker Software.

Aeturnum and Athiva are registered trademarks of Aeturnum, Inc.

All other trademarks are property of their respective holders.