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MetaMatrix Announces OEM Partnership With Symphony

MetaMatrix, a leading provider of Enterprise Information Integration software, and Symphony Technology Group, an investor in enterprise software technology companies, has announced a partnership to provide MetaMatrix's solution to Symphony Technology Group portfolio companies.

John West, CTO of Symphony Technology Group said, "The Global 2000 have made significant investments in transactional systems throughout the enterprise. Many of today's successful software applications leverage this information as a component of creating significant value. The acquisition of this information, however, can often be difficult, lead to long and costly implementations, and have a detrimental impact on a customer's ROI. In today's software market, a rapid customer ROI is no longer a value proposition -- it's required." West continues, "Our investment strategy is to truly add value to our portfolio companies. Given the importance of data integration in almost every software implementation project, we wanted to offer our companies the opportunity to leverage best-in-class metadata-driven information integration technology."

The MetaMatrix System provides a flexible data infrastructure to manage and rapidly integrate information sources across extended enterprises. The MetaMatrix System is entirely J2EE based, highly scalable, and has an extensible data connection framework to enable legacy integration. MetaMatrix uses metadata modeling to integrate information from its source in real-time, providing Symphony a non-intrusive means of accessing, transforming, and integrating data to meet the needs of each solution.

"Symphony is again proving their commitment to providing value to their portfolio companies by selecting the MetaMatrix System to offer Enterprise Information Integration," Philippe Chambadal, CEO & president of MetaMatrix said. "By recognizing the true value and benefits of using the MetaMatrix System, the Symphony portfolio companies now have the opportunity to leverage their information assets to gain a competitive advantage in their respective markets."

About Symphony Technology Group

Symphony Technology Group is a stage-independent venture capital firm with an exclusive focus on building enterprise software technology companies into market leaders. The firm was founded in 2000 by Accel Partners and Bessemer Venture Partners, two of the most successful and highly regarded venture capital firms. Symphony is unique in its deep software expertise, tight investment focus, and ability to meaningfully impact the success of its portfolio companies.

About MetaMatrix

MetaMatrix, an Enterprise Information Integration pioneer, has developed the first Java-based software to manage and integrate a company's diverse information sources and achieve real-time data access across the extended enterprise. The MetaMatrix product suite, with its flagship MetaMatrix Server, for real-time distributed information integration, and MetaBase, a metadata management and data management system, provides a platform through which enterprises can manage and provide uniform access to disparate structured and unstructured information systems, drastically reducing application development times. With the MetaMatrix System, companies gain a competitive advantage to react quickly to market influences. Headquartered in New York City, with offices in Dallas, St. Louis and London, MetaMatrix is privately held and can be found on the Web at www.MetaMatrix.com.