Business Summary Persistence Software, Inc is a provider of transactional application servers, which are software products that process transactions between users and back-end computer systems in electronic commerce systems. The Company's PowerTier application servers, PowerTier for EJB and PowerTier for C++, implement Sun Microsystems' full Enterprise JavaBeans standard to enable businesses to deploy sophisticated Java applications that readily scale or accommodate rapidly increasing numbers of users. These servers offer the speed, scalability and reliability to enable the next generation of sophisticated, high-volume electronic commerce applications. The Company's major customers include AT&T, Boeing, Cisco, FedEx, Fujitsu, Instinet, Intershop, Lucent, Morgan Stanley Dean Witter, Motorola, Nokia, Norwest and ShopNow.com.
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