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Fitech Laboratories, Inc. announces the immediate availability of xTier™ 1.0.2.

San Francisco, CA - July 25, 2003

San Francisco, CA - July 25, 2003 - Following the April 2003 xTier™ 1.0 product launch, Fitech Laboratories, Inc. is proud to announce the immediate availability of xTier™ 1.0.2 - the high-performance J2EE and .NET Middleware Components that provides a comprehensive set of reusable, pre-built system services, including distributed caching, embedded workflow, and configuration management. xTier™ 1.0.2 significantly enhances the way enterprise software applications are built.

xTier™ 1.0.2 frees application development teams to understand and satisfy business needs by enabling them to develop high-value business applications within shortened development timeframes. By utilizing xTier™ 1.0.2 it is no longer necessary to spend time designing, building and maintaining a complex and expensive infrastructure-level code base in-house. xTier™ 1.0.2 based applications provide a fast ROI, positively impact the bottom-line and significantly reduce the TCO of today's heterogeneous applications.

This release of xTier™ incorporates developers' feedback as well as providing enhanced functionality and usability including MS CLR xLint that provides .NET developers with enhanced "exception handling". xLint's innovative Aspect Oriented Programming (AOP) approach significantly improves error handling in .NET applications. Additionally, xTier™ 1.0.2 includes xStock, a "real world" application built using xTier™ 1.0.2.

xStock was developed in Fitech Laboratories' Saint Petersburg development office and is a simple Order Management System for stock trading. "The goal of xStock is to provide developers with an applied demonstration of the core services in xTier™ 1.0.2 in a technical environment that highlights the ability of xTier™ 1.0.2 to integrate and work within today's existing enterprise technologies." Jon Webster, Technical Director, Fitech Laboratories Inc.

xStock utilizes a J2EE back-end and provides client applications in both JSP and .NET. As a result, xStock not only highlights the ease with which applications can be built using xTier™ 1.0.2 in a homogeneous environment (J2EE/JSP) but additionally demonstrates the seamless combination and interoperation of the Java and .Net environments enabled by xTier™ 1.0.2.

"In order to replicate the challenges our client's face, and to demonstrate xTier's short learning curve and high-value services, we decided to ask recently hired JAVA and .NET developers, to build this demonstration application with aggressive deadlines and budget. They had never worked with xTier™ before and in addition to that, they work overseas in our recently opened Saint Petersburg development office. I am happy to say that with xTier™ this application was finished in less then a month, on time, and inline with our schedule. Without xTier™ and the comprehensive set of services and built-in support for remote development it provides, the development of xStock would have taken at least twice as much time." Nikita Ivanov, Director of Architecture and Development, Fitech Laboratories, Inc.

xTier™ 1.0.2 has been released for Linux, Solaris and Windows platforms and is available for immediate download at www.fitechlabs.com.

CONTACT:  marketing@fitechlabs.com

About Fitech Laboratories, Inc.
Fitech Laboratories, Inc. is a leading provider of next generation software middleware technologies. By combining industry standards, service-oriented development expertise and latest technologies, Fitech Laboratories, Inc. enables organizations to drastically reduce development time and Total Cost of Ownership (TCO), while benefiting from a highly extensible, fast and reliable software infrastructure.

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