Seagull Software in the News Today

Seagull Software hit the news media with several announcements today:

+ Support for Linux on IBM zSeries Mainframes -- LegaSuite, Seagull's platform for migrating legacy systems into SOA services, received the "Ready for IBM eServer with Linux" validation from IBM.

+ Report on legacy migration submitted to the European Union -- Seagull has joined a consortium of nine companies submitting a research project to the EU. The project is entitled "Stepwise Migration of Legacy Systems to Service Oriented Systems." The project is in response to a tender issued under the EU Framework Programme.

+ Web integration partnership with Kapow Technologies -- Seagull will sell Kapow's Web Integration platform along with Seagull's own LegaSuite platform. This allows Seagull customers "the option of integrating with any application or information accessible through a Web browser."

+ Financial results for Seagull for Q2 and first half-year FY 2006 -- Seagull announces that revenues are up 22%. The company is reporting $101,000 net income for the half-year completed Oct. 31, as compared with a net loss of $2.9 million for the same period the previous year.

AB -- 11/22/05