iWay Software Positioned in Visionaries Quadrant in Analyst Report on Managed File Transfer

NEW YORK, NY--(Marketwire - July 1, 2008) - iWay Software, a division of Information Builders and an innovator of enterprise integration solutions, today announced that Gartner, Inc. has positioned iWay to the Visionaries Quadrant in the recently issued "Magic Quadrant for Managed File Transfer," issued June 23, 2008.

According to the Gartner report, Managed File Transfer (MFT) helps companies "manage the movement of information from system to system, partner to partner and person to person... Gartner tracks 20 vendors in this space offering MFT functionality in multiple deployment models, including services, appliances and traditional software. Additionally, all the vendors represent various spectrums of the MFT suite market, including multi-enterprise collaboration, internal integration and support for common collaboration mechanisms, including email."

Vendors in the 'Visionaries' quadrant are defined in the report as companies that, "understand the market and customer requirements well, but have fewer assets available or committed to the pursuit of this particular market than leaders. Specific to the MFT suite market, visionaries offer the functionality requirements often requested by Type A (early technology adopters) companies, such as an service-oriented architecture with interoperable interfaces, business process management and an integrated service environment for design and modeling. However, many visionaries compete in multiple markets, trying to balance and juggle resources and marketing messages."

"Our Managed File Transfer offering gives customers the ability to perform highly reliable, scalable, and auditable transfers for any size file, across any protocol," said iWay President John Senor. "At iWay, the single integration infrastructure we provide is capable of handling MFT, B2B and A2A integrations. By contrast, it is my belief that our competitors require separate products and infrastructures for each integration, which increases costs, complexity and maintenance."

About the Magic Quadrant

The Magic Quadrant for Managed File Transfer by L. Frank Kenney and James Lennard is copyrighted 2008 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 has been an innovator in the enterprise integration market for more than 10 years. The company's integration methodology is simple: it uses a single, integrated set of graphical design tools to assemble powerful pre-built components for enterprise-class B2B, A2A, or B2B2A integration scenarios -- without the use of custom code. The company delivers the fastest, most cost-effective, and simplest way to integrate and streamline critical business processes. iWay Software's vendor, platform, and protocol-neutral integration solutions fulfill the promise of SOA: true reusability.

iWay Software's rapid integration solutions help companies both large and small meet new business challenges without making their vital information investments obsolete. The company truly fulfills its motto: "Because Everything Should Work Together." With revenues topping $50 million in 2006, iWay Software is among the top 10 integration vendors worldwide and works with many Fortune 500 companies. For more information, visit: iwaysoftware.com

About Information Builders

As a leading independent business intelligence (BI) company for the past 30 years, Information Builders has provided innovative solutions to more than 12,000 customers, including most of the Fortune 100 and numerous U.S. federal government agencies. The company's flagship WebFOCUS product is the world's most widely used BI platform. Superior architecture and intuitive nature enables WebFOCUS to address the needs of everyone in the extended global enterprise -- executive, analytical, operational, and beyond. It provides the agility to adapt to changing business conditions with the security, scalability, and flexibility to support dozens to millions of users.

Unique to the company is the integration expertise it brings to the BI market. Information Builders iWay Software suite solves complex integration problems with pre-built components that require minimal custom programming. The award-winning combination of WebFOCUS and iWay gives Information Builders customers the ability to embrace the company motto: "Everyone Makes Decisions."

Information Builders is committed to customer service excellence with a Professional Services division that specializes in building custom applications using WebFOCUS and iWay Software. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners. Visit informationbuilders.com.

Contact Information: Press Contacts: Kathleen Moran Information Builders 917-339-6313 Matt McCarthy Emerge PR (617) 729-3175