Seapine Software Targets Software Quality Crisis

Mason, Ohio -- (BUSINESS WIRE) -- July 10, 2002 -- Seapine Software, Inc. is leading the charge to solve the software quality crisis with a new line of software development tools. Seapine is quickly building a solution that enables today's developers to deliver higher quality products in less time. These integrated software tools seamlessly blend the processes of source code management (SCM), defect management, and automated software testing."Customers are concerned about software quality. They want the product they paid for to work reliably. Industry leaders Microsoft (NASDAQ:MSFT) and Oracle (NASDAQ:ORCL) are aggressively focusing their vast resources on addressing the quality concerns of their customers," said Richard Riccetti, President of Seapine Software. "Not all software companies have such resources. Seapine's new suites of software development tools target this need. They are designed and priced to enable all software companies to build quality into their products."Acquiring QA Wizard, Inc. in May of 2002 enabled Seapine to quickly deliver a full range of enterprise software testing tools. QA Wizard eliminates the complexity and reduces the learning curve of automated testing. Its advanced scripting environment allows the production of test scripts 6 to 22 times faster than currently available testing tools.Additionally, Seapine Software announced Surround SCM in June 2002, a cross-platform, client/server SCM application. Surround SCM fully integrates with TestTrack Pro, Seapine's comprehensive defect management offering, to provide complete software change management. Surround SCM will be available for Windows, Linux, Solaris, and Mac OS X this summer. Also this summer, Seapine will ship LoadWizard, a website load testing application that leverages the scripts developed in QA Wizard.In May, the National Institute of Standards and Technology (NITS) reported, "The national annual costs of an inadequate infrastructure for software testing is estimated to range from $22.2 to $59.5 billion." This landmark study, titled "The Economic Impacts of Inadequate Infrastructure for Software Testing", concluded "An improved software testing infrastructure would allow developers to find and correct more errors sooner with less cost."Indeed, AOL Time Warner's (NYSE:AOL) Seattle-based wireless group recently purchased 110 seats of Seapine's TestTrack Pro to streamline their development efforts. "TestTrack Pro from Seapine delivered the greatest versatility and functionality to meet our needs," said Craig Marker, Software Quality Assurance Engineer at AOL Anywhere. "We needed a defect tracking solution that would embrace our current processes within development, quality assurance and product management."Seapine's suite of software development and testing tools gives engineers and quality assurance professionals the tools they need to solve the reliability problem. Its tools adapt to and manage a company's existing development process. Seapine Software's frictionless development suite enables managers, engineers, and quality assurance professionals to manage, develop and test their way out of the software quality crisis.

About Seapine Software
Seapine Software, Inc. is a privately held technology company whose application lifecycle management (ALM) solutions help companies manage the process of developing high-quality complex products—often in regulated industries. Our award-winning ALM solutions drive the creation of recognized brands, life-saving medical devices, even games of the year.

Founded in 1995, Seapine has headquarters in Cincinnati, Ohio, and offices in Europe, Asia-Pacific, and Africa with over 8,500 customers worldwide. For more information, visit www.seapine.com.

Media Contact:
Sarah Carefoot
Director, Corporate Communications
(513) 754-1655
carefoots@seapine.com

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