iWay Software Positioned in Visionaries Quadrant in New Managed File Transfer Report by Independent Analyst Firm

2009 Managed File Transfer Magic Quadrant Evaluation Based on Completeness of Vision and Ability to Execute


NEW YORK, NY--(Marketwire - September 22, 2009) - iWay Software, an Information Builders company and an innovator of enterprise integration solutions, today announced that Gartner has placed the company in the Visionaries Quadrant of the "Magic Quadrant for Managed File Transfer" report. Managed File Transfer (MFT) software solution providers are evaluated based on completeness of vision and ability to execute. "Gartner analysts evaluate technology providers on the quality and efficacy of the processes, systems, methods and procedures that enable IT provider performance to be competitive, efficient and effective, and to positively affect revenue, retention, and reputation. Ultimately, technology providers are rated on their understanding of how market forces can be exploited to create opportunities for them."(1)

According to the Gartner report, "Companies should consider MFT suite vendors that meet short-term tactical and long-term strategic needs. It's all too easy to react too quickly and procure and deploy technology that supports only one protocol or security standard. It's much more prudent to deploy a product that can be easily expanded and upgraded to handle multiple protocols and multiple standards in a governed way that is fully auditable."

Managed File Transfer is critically important for enterprises that have to move large volume files between sites or enterprises including partners and customers. Delivering this complex, multi-enterprise, cross-site integration or even simple file transfer between sites in a controlled fashion is a challenge to today's process integration technologies like the Enterprise Service Bus (ESB). In early 2008 iWay Software announced a new set of extensions to iWay Service Manager, Enterprise Edition™, which enables iWay to perform highly reliable, scalable, and auditable managed file transfer for files of any size, across multiple open file transfer protocols. The iWay Managed File Transfer Option provides a set of features and products to deliver multi-enterprise process integration. iWay's approach delivers an end-to-end integration solution that embraces file transfer and minimizes infrastructure duplication, while providing greater process and business visibility throughout the entire integration and file transfer landscape.

"We believe Gartner's evaluation highlights our abilities to leverage our installed base and ability to help organizations minimize their technology infrastructure while tightening real-time integration," said Gerald Cohen, CEO and president, Information Builders.

About the Magic Quadrant

The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at, and for, a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product, or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About iWay Software

iWay Software's integration methodology is simple: it uses a single, integrated set of graphical design tools to assemble powerful pre-built components for enterprise-class business-to-business (B2B) integration, business process automation (BPA), or enterprise information management (EIM) integration scenarios -- without the use of custom code. Integration configurations can be deployed in a stand-alone manner to any environment supporting a JVM -- or to Web application servers from any vendor. iWay delivers the fastest, most cost-effective, and simplest way to integrate and streamline critical business processes. iWay Software's vendor-, platform-, and protocol-neutral solutions achieve the promise of SOA: true reusability. For more information visit: http://www.iwaysoftware.com

About Information Builders

Information Builders' award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 12,000 customers for the past 30 years. WebFOCUS is the world's most widely utilized business intelligence platform. It provides the security, scalability, and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders' iWay Software suite provides state of the art, multi-purpose, pre-built integration components that address all SOA, application, data and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Information Builders also offers solutions in the performance management, business activity monitoring, and enterprise search markets. The company's comprehensive enterprise product offerings give Information Builders' customers the ability to grow and innovate according to their needs.

Information Builders' customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners. More information is available at http://www.informationbuilders.com.

(1) Kenney, L. F. "Magic Quadrant for Managed File Transfer," Gartner, September 18, 2009.

Contact Information: Press Contacts: Kathleen Moran Information Builders (917) 339-6313 Karyn Martin Emerge PR (617) 729-3173