The Next Generation K2 Software Code Named K2 'BlackPearl' Enables a New Generation of Users to collaboratively Assemble Business Process Applications from Reusable Artifacts

The Next Generation K2 Software Code Named K2 'BlackPearl' Enables a New Generation of Users to collaboratively Assemble Business Process Applications from Reusable Artifacts

March 23, 2007

    REDMOND, Wash., March 23 /Xinhua-PRNewswire/ -- 

    K2 "BlackPearl" evolves the K2.net 2003
platform to meet customer needs for rapidly building and
adapting business applications.  Building software is too
expensive today.  It is too complex.  It takes far too
long.  K2 "BlackPearl" is intended for a new
generation of business and technical users who want the
ability to actively collaborate in assembling enterprise
Business Process Applications (BPAs) more quickly, with
more agility, and better quality than with existing
technology.   

    K2 "BlackPearl" extends K2.net 2003 Business
Process Management (BPM) capabilities to allow business and
technical stakeholders to collaboratively design, execute,
optimize, monitor, and report on process centric
applications.  It introduces new features to support
business processes that are collaborative, non-linear, and
serve to aggregate services, policies, and information
stored across the organization -- with or without specific
process automation.  

    Specific areas of investment within the K2
"BlackPearl" Business Process Application
platform include:

    -- Multiple design tools that allow all both business
and technical users
       to actively participate in the creation of Business
Process
       Applications that include processes, forms, reports,
and policies.

    -- Tools for visually creating business entities
(customer, invoice,
       product, etc.) that span line of business
applications and can be
       reused across applications and processes.

    -- Design tools for creating reusable policies that
allow for natural
       language and business or industry specific lexicon.

    -- Microsoft SharePoint support that includes an
embedded web based design
       canvas as well as Visio and Visual Studio wizards
for no-code
       integration with SharePoint sites, workflows,
search, libraries and
       lists.

    -- Visual reporting design and execution tools that
leverage SQL Server
       2005 Reporting Services.

    -- Full upgrade and backward compatibility with K2.net
2003.

    -- Data provisioning capabilities from existing data
sources including
       line of business applications such as SAP and
Salesforce.com.

    -- An event bus allowing stakeholders to subscribe to
changes in business
       data or status.

    -- Powerful and flexible options for meeting
scalability requirements.

    -- Other features such as visual process debugging,
process inheritance,
       granular security and more.

    K2 "BlackPearl" has been released to a group
of beta partners and customers and is scheduled for public
release in mid 2007.  More information on K2
"BlackPearl" is available at
http://www.k2.net/blackpearl.

    About K2

    K2 is a business unit of SourceCode Technology
Holdings, Inc.  K2 is headquartered in Redmond, Washington
and has offices in the United States, Canada, the United
Kingdom, France, Germany, South Africa, Australia, and
Singapore.  SourceCode and K2.net are registered trademarks
or trademarks of SourceCode Technology Holdings, Inc. in the
United States and/or other countries. The names of actual
companies and products mentioned herein may be the
trademarks of their respective owners.



    For more information, please contact:

     Josh Swihart of K2
     Tel:   [phone]
     Email: [e-mail]