FREMONT, Calif., April 19 /PRNewswire-FirstCall/ -- Versant Corporation
(Nasdaq: VSNT), an industry leader in specialized data management and data
persistence software, today announced that it has proposed to lead a new
Eclipse community project for standards-based, object-relational mapping.
JSR220 is the specification defining the standard for object-relational
mapping in Java. Object-relational mapping has emerged in the last year as a
critical missing architectural piece in the drive to make the Java 2
Enterprise Edition (J2EE) platform more powerful and easier to program.
Versant contributes mapping tools and runtime for Enterprise Java Beans (EJB)
3.0 persistence and Java Data Objects (JDO) 2.0 standards for
object-relational mapping in the form of its commercial implementation already
deployed in production use worldwide.
"We're seeing a dramatic shift in the practices of Java programmers," said
Robert Greene, vice president of product strategy at Versant. "The Java
community is shifting to object-relational mapping as a way of bridging the
gap between applications and databases. New standards are replacing the
previous component-based persistence methods of EJB 2.1 while also addressing
persistence in general for the Java community. Versant has been a leader in
this shift with its focus on transparent persistence of objects and its
founding membership in the JDO expert group. With the results of the EJB 3.0
persistence standardization effort, of which Versant is a member, we can take
the next step in leading the Eclipse community to highly productive,
standards-based, object-relational mapping."
Eclipse and open source are rapidly gaining popularity in the Java
community. The addition of members such as BEA, Borland, and others to the
Eclipse organization, and the 30 million download requests recorded by Eclipse
in 2004 were clear signals to Versant that the time was right to take a
leading role in open-source, object-relational mapping.
"With a long history of leadership in object-relational mapping and data
persistence, Versant is poised to enable standardization within this area for
the open source community," said Nick Ordon, president and chief executive
officer of Versant. "We are looking forward to working with the members of
Eclipse, such as IBM, Oracle, BEA, Borland, and others to make J2EE more
powerful and productive. Eclipse.org is a leading community in Java, and our
leadership of this object-relational mapping project will dramatically expand
our visibility in the Java community and result in direct interaction with a
very large number of Java programmers. Based on this visibility, we expect to
expand the success of our long-established professional services operation."
"We are pleased to have Versant propose the JSR 220 object-relational
mapping project," said Mike Milinkovich, executive director of the Eclipse
Foundation. "Object-relational mapping is an important technology for Eclipse.
Versant's strong code base, unique background in this area, and their
leadership of this project will bring a great benefit to the Eclipse
For additional information and the source code, go to www.versant.com.
About Eclipse Foundation
Eclipse is an open source community whose projects are focused on
providing an extensible development platform and application frameworks for
building software. Eclipse provides extensible tools and frameworks that span
the software development lifecycle, including support for modeling, language
development environments for Java, C/C++ and others, testing and performance,
business intelligence, rich client applications and embedded development. A
large, vibrant ecosystem of major technology vendors, innovative start-ups,
universities and research institutions and individuals extend, complement and
support the Eclipse Platform.
The Eclipse Foundation is a not-for-profit, member supported corporation
that hosts the Eclipse projects. Full details of Eclipse and the Eclipse
Foundation are available at www.eclipse.org.
About Versant Corporation
Versant Corporation is an industry leader in specialized data management
and open data access software. Using Versant's solutions, customers cut
hardware costs, speed and simplify development, significantly reduce
administration costs, and deliver products with a strong competitive edge.
Versant's solutions are deployed in a wide array of industries including
telecommunications, financial services, transportation, manufacturing, and
defense. With over 50,000 installations, Versant has been a highly reliable
partner for over 15 years for Global 2000 companies such as British Airways,
US Government, Financial Times, IBM, and MCI. For more information, call
510-789-1500 or visit www.versant.com.
Forward Looking Statements Involve Risks and Uncertainties
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, and is subject to the safe harbor created by those
sections. These forward-looking statements include, but are not limited to,
statements about Versant's involvement in the Eclipse community, its open
source initiatives, and the potential outcomes of these activities. Investors
are cautioned that any such forward-looking statements are not guarantees of
future performance, these forward-looking statements involve risks and
uncertainties, and there are important factors that could cause our actual
results to differ materially from those in the forward-looking statements.
These factors include, without limitation: that Versant may not achieve or
maintain the leadership role of this Eclipse project; that any such position
obtained may not remain intact in the future; that object-relational mapping
may not be a critical missing architectural component; the possibility that
there may be shift with Java programmers away from object-relational mapping;
the possibility that Eclipse and open source software may lose its growing
popularity in the Java community; that adoption rates for this technology may
not continue into the future; the possibility of delays in release of the
product; that product refinements may be necessary, including the
possibilities of inherent bugs and errors; that users may not realize the
anticipated results and experience unforeseen problems; along with the
possibility that there may not be a dramatic expansion of Versant's visibility
into the Java community and a corresponding increase in direct interaction
with Java community developers. The forward-looking statements included in
this press release are made only as of the date of this press release; the
Company assumes no obligation to publicly update any forward-looking
statement. Investors are cautioned not to place undue reliance on
forward-looking statements. Additional information concerning factors that
could cause results to differ can be found in the Company's filings with the
Securities and Exchange Commission, including the Company's most recent
Reports on Form 10-K and Form 10-Q made with the Securities and Exchange
NOTE: Versant is a registered trademark or trademark of Versant
Corporation in the United States and/or other countries. All other products
are a registered trademark or trademark of their respective company in the
United States and/or other countries.
SOURCE Versant Corporation