Hosted delivery is ground-breaking option for versatile data management software

Englewood Cliffs, NJ - May 14, 2004 - Data Foundations, Inc announced a hosted version of OneData™, their industry-leading collaborative-data management software. Fully web-based and requiring just a web browser, OneData is a versatile tool that can be used to manage several data universes, including corporate Master Data, Reference Data, and business as well as technical Meta Data.

OneData can be used to manage Master Data such as those relating to products, customers, and vendors; Reference Data such as lookup tables, pick-lists, product or customer attributes; Meta Data including business and technical; common business definitions; taxonomies and hierarchies; directories, registries, and dictionaries - any collaboratively managed data set.

OneData has so far been available as packaged software installed at customer sites. The upcoming release, 3.0, is expected to be available in a few weeks. The hosted version provides all the capabilities and power of the packaged version, without the upfront licensing costs or infrastructure requirements. With easy migration options to move customer data in, and the intuitive interface, customers can become productive using the service in as little as a few days.

The hosted version is expected to be Generally Available by the end of June. Free trial accounts are available. Details and a sign-up form are available at the company website, www.datafoundations.com.

About Data Foundations

Data Foundations, the Standard Data Authority, is a leading provider of collaborative data management software. The company has pioneered the concept of the Standard Data Foundation™ - an information infrastructure layer essential for organizations to become more integrated in their data assets and coherent in business processes.

The company’s flagship product, OneData™, is enterprise-class software coupled with a proven methodology that addresses the challenges of implementing and maintaining a global Standard Data solution, by effectively enabling organizations to define, store, maintain and deploy a single set of Master Data, Reference Data and Meta Data worldwide.