LAS VEGAS, July 12, 2007 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) announced today that it has renewed its Original Equipment Manufacturer (OEM) License Agreement with Actuate Corporation. The agreement provides MetaPower International, Inc. with the rights to continue to offer Actuate's products as the embedded report writer for applications developed within MetaPower's UCoDA software.
Actuate Corporation, the leader in Business Intelligence, Performance Management and Reporting Applications, enables organizations to develop solutions that optimize corporate performance. Applications built on Actuate's open source-based platform provide all stakeholders, including employees, customers, partners and citizens, with information that they can easily access and understand to maximize revenue, cut costs, improve customer satisfaction, streamline operations, create competitive advantage and make better decisions. Actuate has over 4,000 customers globally in a diverse range of business areas, including financial services and the public sector.
"UCoDA's ability to support the rapid development of applications requires a robust report capability. Actuate's latest release for Actuate Reporting iServer and iPortal on Windows Servers works well with the UCoDA 3.0 release. Their capabilities are particularly well suited to work with the Multiple Document Interface provided in the recent UCoDA 3.0 software. Multiple Document Interface allows the user to open history screens in new windows while still being able to review the report in a separate window," stated John Prouty, Vice-President of Product Development for MetaPower International, Inc.
For more information on Actuate, visit the company's Web site at www.actuate.com.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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