SOURCE: ClearStory

May 17, 2005 09:00 ET

ClearStory Systems Joins IBM's PartnerWorld Industry Networks, Enhances Digital Asset Management Integration

Radiant Enterprise Media Server™ and ActiveMedia™ 6.0 to Be Available on IBM DB2 and WebSphere Platforms

WESTBOROUGH, MA -- (MARKET WIRE) -- May 17, 2005 -- ClearStory Systems™, a leading provider of enterprise content management solutions, today announced participation in IBM's PartnerWorld Industry Networks. ClearStory's Radiant Enterprise Media Server (EMS), a pure J2EE software platform for integrating rich media into content management systems and other enterprise applications, will be ported to IBM's DB2 and WebSphere platforms. Porting Radiant EMS to the IBM platform will also include integration with IBM Content Manager, allowing customers to store digital assets in IBM content repositories.

"We are pleased to be working with IBM to bring our next-generation digital asset management (DAM) solution to the marketplace," comments Henry F. Nelson, ClearStory Systems president and CEO. "ClearStory has made a significant investment in the contemporary architecture of Radiant EMS and the ability to support the IBM platform. As a result, we're now able to deliver robust solutions for global digital media deployments."

ClearStory recently announced ActiveMedia 6.0, its DAM application that is built on the Radiant EMS architecture. The software offers a lower total cost of ownership through its rapid deployment capabilities, ease of use, and scalability. Teaming up with IBM represents an expanded marketing and distribution opportunity for ClearStory and ActiveMedia 6.0.

The IBM platform release of Radiant EMS has been in development for several months and is targeted for general release on June 30, 2005. ClearStory announced general availability of Radiant EMS 2.0 on April 18, 2005 and ActiveMedia 6.0 on May 9, 2005.

The IBM PartnerWorld Industry Networks provide ISVs with comprehensive go-to-market sales support and technical resources that are specifically tailored to their industry requirements. As part of the PartnerWorld Industry Networks, ISVs can team with IBM and bring joint solutions out to market faster.

About Radiant Enterprise Media Server

Radiant™ Enterprise Media Server (EMS) is a next-generation content management platform built on 8 years of rich media management expertise and a proven legacy of scalable technology. Its multi-layered, pure J2EE architecture provides a highly modular platform for flexible integration and customization within the enterprise. EMS provides the foundation for creating applications to manage and distribute digital media, such as video, graphics, compound documents, presentations, and images -- including ClearStory's own DAM application ActiveMedia 6.0.

About ClearStory Systems

ClearStory Systems is an established provider of flexible, on-demand ECM solutions. ClearStory's Radiant Content Suite provides discrete management and on-demand access for the full spectrum of content -- from graphics and video to customer statements and email. The company's standards-based technology provides a powerful platform for integrating rich media and business documents into a multitude of business-critical environments, including marketing and finance departments, call centers, channel partner portals, compliance initiatives, and global marketing extranets. For more information, visit www.clearstorysystems.com.

There are statements in this news release that contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including for example the expected benefits of ClearStory's in-house hosting model, the anticipated customer demand for ClearStory's products and services (including its recently released ActiveMedia version 6 and its Radiant Enterprise Media Server), and the expected benefits to be derived from ClearStory's products and services. These forward-looking statements include all statements that are not statements of historical fact and relate to the intent, belief, plans or expectations of ClearStory Systems, their management, and their customers. Words like "plans," "intends," "believes," "signifies," "estimates," "anticipate," "will," "expect," and words of similar meaning are intended to identify forward-looking statements. Actual results may vary significantly from the forward-looking statements. For a detailed discussion of cautionary statements that may affect ClearStory's future results of operations and financial results, please refer to ClearStory's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-KSB for the year-ended March 31, 2004, and its Quarterly Reports on Form 10-QSB. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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