SilverStream Software Inc, web application building environment supplier start-up, has launched its first product since its inception in July last year, with the intention of enabling corporations to easily build and deploy sophisticated Java-based business applications. The product, also called SilverStream and code-named HeadStart, is being unveiled across the world, having been optimized for the web, enabling businesses to create applications with interactive interfaces and partitioned three tier architectures. The company, which already employs around 115 staff at offices in the US and Europe, claims the SilverStream product will enable significantly more sophisticated applications than those created with previous web products. The web application platform tightly integrates business logic, database access, content creation, publishing collaboration and communications in a single, secure, standards-based system. Targeted at blue ship companies, the SilverStream platform stores all application components in a relational database management system, simplifying backup, recovery, security and replication. The platform connects to all standard relational databases through JDBC Java Database Connectivity, implementing the Relational Data Palette to make database joins easier. The platform consists of the SilverStream Application Server, a scalable, multithreaded, 100% pure Java server, and the SilverStream Designer, a pure Java, object orientated development environment consisting of designers for database tables and relationships, forms, views, objects, web pages, security and agents. The company believes it has come up with the first web application environment that unifies security across the whole platform and is plugging it as a big selling point. Working out of headquarters in Burlington, Massachusetts, SilverStream has big plans for the future, and aims to grow to establish a dominant presence in the market place. The company, whose chairman is David Skok, and chief executive officer former Powersoft Corp top dog David Litwack (CI No 3,152), plans to float on the Nasdaq market in the coming year, and is already boasting of the $27m it has managed to raise in funding to date.
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