Company Background Overview

Bluestone Software, Inc. has distinguished itself as a leading provider of Java- and Web-to-database development and deployment solutions for the enterprise. Currently, more than half of the Fortune 500 use Bluestone Software products.

Company Mission and Track Record

Bluestone Software's mission is to provide their customers with leading-edge Web application development and deployment technologies and help them apply these technologies to their businesses. Through Sapphire/Web, Bluestone Software offers businesses the opportunity to leverage their existing data and Web resources as well as emerging technologies such as Java and ActiveX.

The company develops strong partnerships with its customers that includes a focus on technical support and training and working with customers to identify the software enhancements that will best meet their evolving enterprise needs.

Since its introduction in October 1995, Bluestone's flagship product, Sapphire/Web has achieved a tremendous level of commercial success and industry acceptance. The company has been named to Inc. Magazine's list of the 500 fastest growing private companies in the USA for the past three years.

To keep pace with the exploding demand for its products, Bluestone Software recently received a significant investment from two leading venture capital firms, Adams Capital Management and Patricof & Co. Ventures Inc. Both firms have a strong track record in identifying leading companies with established products and technology leadership in established markets that are experiencing a paradigm shift.

Using the outside investment, Bluestone Software Inc. will focus on the further development, sales, support, and distribution of Bluestone's cornerstone product, Sapphire/Web -- a leading Java- and Web-to-database application development and deployment system. Analysts confirm that the market is growing rapidly and project that it will exceed $1 Bil lion by the Year 2000.