GREENPOINT ANNOUNCES OEM AGREEMENT WITH BOWSTREET

New York, NY, June 20, 2005- GreenPoint, the leading developer of enterprise-wide visualization solutions, announced today that Bowstreet has selected WebCharts3D as a charting engine for its Sales and Executive Dashboard Solutions. Bowstreet’s powerful Dashboard Solutions deliver what businesses need to provide comprehensive business intelligence tailored to diverse corporate audiences– a highly extensible dashboard framework, pre-built integration components, and native portal support.

“GreenPoint flexible charting engine enhances our Dashboards with high fidelity graphs and gauges that make it easy for business managers to analyze performance trends and identify potential issues,” said Steve Ricketts, VP of Marketing at Bowstreet.  “The highly interactive nature of the charts enables users to quickly drill-down on specific information and take appropriate action. We are confident that GreenPoint’s flexible charting technology will provide our customers with improved visibility into important information and enhance their overall decision making processes.”

“GreenPoint is exited to supply its real-time server-based interactive charting engine to Bowstreet and its customers,” says Howard Stein, VP of Sales and Marketing of Greenpoint. “WebCharts3D allows software development companies to quickly integrate animated interactive charting capabilities into their product lines. Studies have shown that the importance of visualizing data clearly, accurately and in a timely manner is critical to the business intelligence of an organization. Greenpoint has met this need with their innovative WebCharts3D software. WebCharts3D enables the conversion of data to a visual medium with a minimum of technical skills and a tremendous choice of graphical interfaces. The new version of WebCharts3D enables animation within the charts for a further level of visualization of complex data.”

About GreenPoint

GreenPoint is a leader in enterprise-wide visualization solutions for distributed Web applications. Cutting-edge technology makes GreenPoint's products simple to use, yet powerful enough to meet the needs of the most demanding projects. Evaluation versions of GreenPoint's products can be downloaded from www.gpoint.com.

About Bowstreet

Bowstreet, the leading provider of portal-based development tools, is leading the industry transition to pre-packaged composite applications and distributed web-based services. Bowstreet-built applications are powered by Bowstreet's proven Portlet Factory technology, which provides a highly flexible application development framework for assembling data and processes from disparate systems into dynamic applications that can adapt, on-demand, to unique and constantly changing business requirements. Solutions powered by Bowstreet Factory technology can be deployed in a portal, on the web, on a wireless device, or distributed as a service. Bowstreet technology is used by industry leading companies, including Amerijet, Bayer, Cardinal Health System, Caterpillar, Cisco, Citizens and Hanover Insurance, Crossrail, DENSO International, DuPont, Fidelity Information Services, Gillette, ImClone, IT Factory, Allmerica Financial, John Crane, Kroger, Mayo Clinic, Northwestern Mutual Life, Ogilvy & Mather, PBR Automotive, Sheetz, Tufts Health Plan, UNICCO Service Company, and Vormittag. Bowstreet is headquartered in Tewksbury, Massachusetts and has offices in Boston, New York, Chicago, Phoenix, Minneapolis, Toronto, Amsterdam, and London. WebCharts3D is a registered trademark of GreenPoint Corporation in the United States and other countries. Bowstreet is a trademark of Bowstreet, Inc.