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CONTACT:
Jean Barnes
Covast Corporation
(404) 812-7157

Esperanto Software, Inc. Changes Name to Covast
Covast deploys B2B integration projects in days, and reduces total project costs by more than 50 percent

SAN FRANCISCO, Gartner Group Application Integration Conference – May 16, 2001 – Esperanto Software, Inc. today announced its name change to Covast Corporation in conjunction with the launch of its U.S. business. Esperanto Software, a successful European middleware company, introduced the first version of its product in 1999 and now has more than 50 customers worldwide. Covast, with U.S. headquarters in Atlanta, Ga., will market eCommunity Builder, technology that improves the time to build, deploy and integrate business-to-business projects and e-marketplaces.

“Covast will concentrate primarily on the under-served market of mid-size enterprises,” said Jim Norton, executive vice president and general manager of Covast Corporation. “These businesses have encountered cost and time barriers when evaluating a move to B2B commerce. With eCommunity Builder, companies can deploy a B2B integration project in days, and reduce project costs by more than 50 percent.”

“User acceptance of application integration tools is expanding to smaller and more conservative enterprises,” said Ross Altman, vice president and research director, Gartner. “This will require some changes as vendors adjust to these new opportunities. When the ERP market shifted in this direction in 1999, the ERP vendors had to recalibrate both their products and marketing to meet the needs and interests of the mid-market. Successful integration middleware vendors will do the same.”

Covast’s eCommunity Builder solves many of the complex data transformation and trading partner challenges in B2B commerce. The product features a comprehensive library of formats that support EDI-to-XML integration and other forms of translation.

Visit CoVast at Kiosk K in Golden Gate A at the Gartner Group Application Integration conference May 16-18 at the San Francisco Marriott hotel.

About Covast

Covast simplifies the complexity of connecting, translating and sharing electronic documents with your customers and trading partners. Covast’s integration software provides secure and reliable connectivity to the Internet and to VANs. In addition, our solutions’ robust capabilities include the seamless translation of complex file formats and documents. Covast accelerates the migration from EDI and proprietary file formats, to new open standards such as XML. With European headquarters in the Netherlands and U.S. headquarters in Atlanta, Covast has strategic relationships with partners and customers including Microsoft, Compaq, ABN AMRO, ADC, KLM, and ING. For more information, visit www.covast.com.

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