Rational Software Acquires NeuVis

8/12/2002 - Rational Software acquired NeuVis, a leading technology provider of n-tier application development software. The privately held company was founded in 1999 by Arun Gupta and Rajiv Uppal. A total of 26 former NeuVis employees have joined Rational and will play a key role in Rational's strategy to help its enterprise IT customers build business applications.

NeuVis' flagship product is a model-driven application development tool for creating agile, enterprise-class, n-tier applications that complements Rational's existing product line. For example, unified modeling language (UML) models built with Rational modeling products can drive a development effort using NeuVis technology; artifacts built using NeuVis technology can be managed in Rational's software configuration management solutions and tested using Rational's testing tools.

"We're very excited to welcome the NeuVis team to Rational. They're a world-class team with excellent technology," said Mike Devlin, CEO and co-founder of Rational Software. "We see the addition of the NeuVis technology as a strong complement to our strategy to support the major industry IDEs, such as those from Microsoft and IBM."

"We're excited to see Rational expanding its capabilities into the n-tier business application development tools market through its acquisition of NeuVis," said Jon Roskill, General Manager, Solutions Marketing Group at Microsoft Corporation. "We've been working with Rational to support broad scale deployment of .NET and we believe NeuVis complements that strategy."

About Rational Software Corporation (www.rational.com)
Rational Software provides a software development platform that improves the speed, quality, and predictability of software projects. This integrated, full lifecycle solution combines software engineering best practices, market-leading tools, and professional services. Ninety-eight of the Fortune 100 rely on Rational tools and services to build better software, faster. This open platform is extended by partners who provide more than 500 complementary products and services. Founded in 1981, Rational is one of the world's largest software companies, with revenues of $666.4 million in its twelve months ended June 30, 2002, and over 3,500 employees worldwide. Rational is a member of the S&P 500 Index and a component of the Nasdaq-100 Index®.

Rational and the Rational logo, among others, are trademarks or registered trademarks of Rational Software Corporation in the United States and/or in other countries.

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