Introducing WaveMaker – ActiveGrid Re-brands Corporate Identity and Redefines Product Strategy

November 7, 2007; 09:33 AM

SAN FRANCISCO--(BUSINESS WIRE)--WaveMaker™, formerly known as ActiveGrid, today announced a new corporate brand and product strategy that will address the growing demand for technology that simplifies the assembly of Web applications, while meeting the architectural, security and governance policies of CIOs. WaveMaker will bring to market software enabling the visual assembly and rapid deployment of scalable, enterprise Web 2.0 applications that are both Web Fast and CIO Safe™.

Under the new leadership of CEO Christopher Keene, WaveMaker is the only enterprise Web 2.0 company addressing the competing priorities of business teams and central IT. By integrating the current technology with capabilities gained from the company’s acquisition of TurboAJAX, the new WaveMaker solution eliminates the competing priorities of business-level developers, who require visual assembly tools and rapid deployment, as well as CIOs, who require that solutions comply with architectural, security and data policies. With WaveMaker, Fortune 2000 organizations can fully embrace the speed, flexibility and increased participation of Web 2.0 architectures while bridging this critical gap between CIOs and departmental developers.

“For developers who know client/server tools like Notes, PowerBuilder, Access or Oracle Forms, there are no equivalent visual tools for building Web apps,” said Christopher Keene, CEO of WaveMaker. “Our vision is to be the PowerBuilder of Web 2.0 - an easy to use, visual tool for building Web applications.”

“Most organizations lack the internal resources presently required to take on the backlog of applications that have been requested,” said Josh Holbrook, program manager in Yankee Group's Enterprise Research Group. “Further complicating the issue is the complexity of the tools and platforms required to build stable, secure and CIO compliant Web applications. In order to address these problems, organizations are demanding solutions that enable the development of Web 2.0 applications, using AJAX widgets, Web services and a database, that can be deployed onto a Java application Server such as Apache TomCat or J2EE.”

WaveMaker executives unveiled the company’s new brand and strategy on Tuesday, November 6, at the CIO Survival Guide, a thought leadership panel discussion held at the Ritz-Carlton Hotel in San Francisco. Attendees were given a preview of the company’s new solution that promises to accelerate the adoption of Web 2.0 in the enterprise. Organizations interested in receiving more information on or a demo of WaveMaker’s upcoming product releases can visit http://wavemaker.com or contact [email protected].

About WaveMaker Software

WaveMaker Software™ enables the visual assembly and rapid deployment of Web 2.0 applications that meet enterprise IT standards. WaveMaker Software is Web Fast and CIO Safe^TM, enabling developers to quickly create Web applications that meet the CIO's architecture, security and data policies. WaveMaker Software is privately held and headquartered in San Francisco, California, and is funded by Allegis Capital, Hummer-Winblad and Worldview Technology Partners. For more information, please visit http://wavemaker.com.

WaveMaker Software, WaveMaker, and Web Fast and CIO Safe are trademarks of WaveMaker Software. All other trademarks are property of their respective holders.