Nexaweb Named a Company to Watch in 2008

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Nexaweb Receives Editors’ Choice Award from CMP’s Intelligent Enterprise

Recognized As Top “Enterprise Applications” Company to Watch in 2008

Burlington, MA — January 7, 2008 — Nexaweb Technologies, Inc., the leading provider of enterprise Web application solutions, today announced it has been selected for the annual Editors’ Choice Award from CMP’s Intelligent Enterprise. The 2008 award was bestowed upon a list of 48 companies that provide exceptional vision, technology innovation and customer leadership in attaining strategic objectives.

Recognizing Nexaweb as a top enterprise applications company to watch, the editors note: “In the young RIA (rich Internet application) era, this company is an old hand. Nexaweb is a perfect example of an agile developer adapting its enterprise-oriented products for important trends: SOA (service-oriented architecture), Ajax and Web 2.0.”

The award collaborators named 12 companies, proclaiming them the “Intelligent Enterprise Dozen,” as well as 36 “Companies to Watch” across five key categories: business intelligence, enterprise applications, information management, performance management and process management.

“Naming the ‘Companies to Watch’ is never an easy task,” said Doug Henschen, editor-in-chief, Intelligent Enterprise. “We look beyond sheer size and technology breadth to consider vendors that are leading the market in terms of innovation and market influence.”

“This honor from CMP’s Intelligent Enterprise further affirms our leadership in the RIA and Enteprise Web 2.0 marketplace,” said Chris Heidelberger, CEO at Nexaweb. “We help our customers realize the true potential of the Web as a business platform by enabling them to deploy their most critical business applications as RIAs, composite applications and enterprise mashups. Doing so not only offers end-users a rich, interactive, and engaging application experience, but also makes them more productive, simplifies application maintenance, and ensures long-term ROI.”

Nexaweb’s Enterprise Web 2.0 Product Suite
Nexaweb’s Enterprise Web Suite is an application development and deployment platform explicitly designed for enterprise and public sector organizations interested in rapidly developing and deploying RIAs, composite applications, and enterprise mashups. The first-of-its-kind, the Nexaweb Enterprise Web Suite enables professional application architects, developers, and designers to collaboratively build, deploy, and maintain Web-based applications, or application elements, using Nexaweb Platform and Nexaweb Studio.

About Intelligent Enterprise
CMP’s Intelligent Enterprise (http://www.intelligententerprise.com/) is the only Web site dedicated to helping organizations unlock and deliver the strategic value of information so they can improve business processes and drive excellence through operational decision-making. Intelligent Enterprise’s content offers a unique focus on how to apply leading-edge technologies to sharpen such business objectives as improving the customer experience, developing smarter marketing campaigns, streamlining supply chains, detecting high-risk or fraudulent activity and creating effective, performance-driven enterprises. Intelligent Enterprise delivers expert coverage and thought leadership through its Web site as well as through Webinars, e-newsletters and more.

About CMP
CMP (http://www.cmp.com/) is a media and marketing solutions company serving the technology industry. With the leading online, event and print brands in all technology market categories, and with services and tools that reach beyond traditional advertising, CMP shapes and influences the technology industry worldwide. CMP publishes highly respected media brands such as TechWeb, InformationWeek, ChannelWeb, CRN, EE Times and TechOnline; produces major industry events such as Interop, Web 2.0 Expo, XChange, Game Developers Conference and the Embedded Systems Conferences; and provides business information and marketing services such as the International Customer Management Institute, Semiconductor Insights and Second Life consulting for technology marketers. CMP is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com/), a global provider of news distribution and specialist information services with a market capitalization of more than $3 billion. For more CMP news, go to cmp.com/news.

About Nexaweb
Nexaweb’s Enterprise Web Suite is an application development and deployment platform for building mission-critical, secure Web-based business applications. With Nexaweb, building enterprise-class Web applications that access legacy and service-oriented data systems is simple and doesn’t require re-writing code. And only Nexaweb’s EW2.0 solution is proven by more than 5,000 successful global deployments. Founded in February 2000 and rooted in the MIT community, Nexaweb is based in Burlington, Massachusetts. The company is privately held and funded by institutional investors. For more information, visit www.nexaweb.com or call (781) 345-5500.

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Press Contacts:
Jena Murphy
Citigate Cunningham
(617) 374-4216
jmurphy@citigatecunningham.com

Jonathan W. Daly
Nexaweb Technologies, Inc.
(781) 345-5500
jdaly@nexaweb.com