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Jcorporate is evaluating investment and merger proposals from companies with complimentary products. We are not looking for venture capital though if a VC has a portfolio company that our offerings would strengthen then this is a possibility. The bottom line is a symbiotic with Expresso remaining open source.
With the maturity of Java, its developer base is predicted to explode to 10-13 million with new developers being from the corporate developer segment. To accomplish this Java needs to be easier to use. This is accomplished through the use of frameworks, visual tools and wizards. Our product Expresso is the market leader in terms of market share in the architectural framework market and an tremendous opportunity exists to complement with visual wizards. Analysts estimate that by 2003, the software component market will grow from $7 billion to $30 to $60 billion.
We also offer an Expresso WebServices product that extends Expresso. IT analysts expect the market opportunity for Web services software services to be worth $15.4 billion by 2003.
Expresso is complemented by several add-on software applications we offer including content management software. Sales of content management software will total $3 billion by 2004. This shows a projected compounded annual growth rate of 35%. Most of this growth is in the mid market which is where Jcorporate is focused. (SOURCE: The Yankee Group).
Jcorporate represents an excellent opportunity for an investing company who want a large community of users and the most popular architectural framework to complement their own company's solutions. We are open to both investment or merger. As a strong technology company an ideal investment partner would be a global systems integrator or company (with a complementary product, such as Linux or software component such Customer Service software ) and strong marketing, branding, sales and an established customer base.
| "There are definitely market dynamics driving companies to focus on intellectual property on top of an open-source solution," said Giga Information Group analyst Stacey Quandt. "Service by itself is not going to lead companies to profitability." |
Jcorporate led the market in '96 as the Java-based
software company to value add to open source with commercial products.
It began with our open source application development framework Expresso
which utilizes open
standards.
We see the currently fragmented eBusiness software market intensifying
and feel that the eBusiness software companies with a broadly complementary
range of products and services which build on a common framework infrastructure
will be in a better position to succeed strongly. Our
first preference is a strategic investment alliance with another company with
similar interests to mutually strengthen our position in the market or
other complementary products.
Jcorporate is a stage 3 company and has
a number of completed mature products as well as products in development.
Jcorporate is a company dedicated to providing a complete suite of Java
based eBusiness components. Primarily we sell to resellers who integrate
our products into their own solution. To convey the opportunity here -
Analysts estimate that by 2003, the software component market will grow
from $7 billion to $30 to $60 billion. Yet, this rapidly-growing market
is highly fragmented and unorganized, and hence the opportunity. Jcorporate
seeks to be a leading provider of web application components.
Jcorporate is about collaborative solutions. We offer community building components,
collaborative oriented content management, and knowledge base building solutions
(forums, faq, helpdesk). We are presently preparing a major new release of
our content management solution with an improved default user interface, Struts
integration, and integration to collaborative functions the user interface
for resource context sensitive task lists, discussion forums and so on. This
is a major milestone as we will be the first company to offer content context
sensitive collaborative functions.
The strategic advantage of Jcorporate lies with its Expresso Framework. Here's
a look at why... "By 2003 at least 70% of the total number of new applications
will be built primarily from building blocks such as software components and
application frameworks (AD), increasing both products speed to market and enterprises
ability to cope with change" according to the Gartner Group, further "The
future of application development lies with an open architecture that facilitates
component choice, assembly and integration." An AD framework is essential
for companies to be able to develop applications that are compatible with the
solutions provided.
Jcorporate provides exactly that. We have specifically invested heavily in
Expresso and have established it as the leading application development framework
on the market so as to secure a stronger market and opportunity longer term
for our commercial applications. Expresso has more than
150,000 downloads and 4000 developers on its listserv.
Expresso release 4.0 with Struts integration was technically important
and is also strategically important for Expresso with Sun creating the new
user interface standard, JavaServer Faces. Struts is very thin as frameworks
go and is ideally integrated and extended with a full featured framework such
as Expresso. And that in turn assures a strong market for our and our partner
companies, commercial solutions. Jcorporate is evolving to create a marketplace
for web components for resellers and integrators.
The larger vision Jcorporate has is to develop a complete knowledge portal
solution (with networked partner companies or investor) to create a knowledge
portal interface solution which integrates content management, collaborative
tools (forums, helpdesk, polling, faq etc), search engine, webmail, corporate
contacts and ecommerce creating a dynamic information system and knowledge
base. Knowledge management (KM) is the next big wave to come and is rising
with the the emphasis on collaborative solutions. The information/content system
is the core driving aspect of KM.
The importance of collaboration is about:
Information technology (IT) is essential but insufficient to achieve information superiority. The full utilization of an entity's knowledge base, coupled with the potential of individual skills, competencies, thoughts, innovations and ideas will enable a company to compete more effectively in the future.
I hope this gives you some insight of our vision. Obviously, the vision is a starting point and would shift as appropriate to correspond with the organization we partner with. I look foward to hearing your response and insights about how you might see Jcorporate products fitting with your companies, and what structure might best work for you.
Please forward all investment
related enquiries. Business Brokers welcome.
Sandra
Cann, CEO
Jcorporate Ltd.
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