WaveMaker Software Named "Cool Vendor" by Leading Analyst Firm

SAN FRANCISCO, CA—April 05, 2010—WaveMaker Software™, the leading provider of open and easy-to-use cloud development platforms, has been included as one of five "Cool Vendors" in the April 2010 "Cool Vendors in Application Platforms as a Service" report by Gartner, Inc.

According to the report, "Much innovation in the application platform space focuses on cloud computing. Vendors look to offer a bridge between the programming practices of familiar application servers (platforms) and the new realities of cloud deployment using application platforms as a service (APaaSs)."

WaveMaker is a rapid application development environment for building, maintaining and modernizing business-critical Web 2.0 applications. WaveMaker creates standard Java applications, boosting developer productivity and quality without compromising flexibility.

WaveMaker's web-based studio is available as a download or can be accessed at cloud.wavemaker.com. WaveMaker applications are cloud-ready, enabling one-click deployment of rich internet applications to cloud hosting providers like Amazon EC2 or OpSource with built-in multi-tenant security.

"WaveMaker is unique in the cloud computing space because we are providing a standards-based, open-source cloud development platform for ISV and enterprise Java developers," said Chris Keene, CEO of WaveMaker. "WaveMaker's visual, drag and drop web studio enables any developer to start building web and cloud applications with up to 98% less code!"

About Gartner's Cool Vendors selection process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a Cool Vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About WaveMaker Software

WaveMaker Software™ is the only open and easy-to-use web development platform. With WaveMaker's visual, drag and drop tools, any developer can start building enterprise Java applications with minimal training. WaveMaker creates standard Java applications, boosting developer productivity and quality without compromising flexibility. WaveMaker applications are cloud-ready and include built-in support for multi-tenancy and elastic scaling. WaveMaker is a rapidly-growing company backed by a 15,000-strong developer community. WaveMaker customers like the National City Bank, Macy's and KANA have built rich internet applications with minimal learning curve and up to 98% less code. For more information, please visithttp://www.WaveMaker.com.

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