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Mobile IoT: Press Release

WorkLight and SAGE Partner to Deliver Mobile Applications

Extend SAGE’s Prospero software for Money Management and Fund Administration

WorkLight (www.worklight.com) and SAGE SA (www.sage.ch) have announced an agreement which will make it easier for financial institutions around the world to extend their offerings to the growing array of smartphones and tablets.

Under the partnership, SAGE will integrate the WorkLight Mobile Platform with SAGE's Prospero, and develop mobile applications that enable its customers to mobilize all aspects of financial operations, including asset management, wealth management and fund administration.

"We have seen increasing demand from our customers and the general market for rich mobile applications that meet the needs of the buy-side and sell-side financial communities," said Patrick Rotzetter, Chief of Business Development at SAGE. "The WorkLight mobile application platform allows us to efficiently and reliably extend Prospero's modular software across multiple devices and deliver an optimal mobile experience."

"Companies in the financial services market and beyond must now support a multitude of mobile devices, which creates a series of challenges both for developer teams and IT operations," said Kurt Daniel, COO of WorkLight. "We are pleased to welcome SAGE as an OEM and reseller partner and contribute WorkLight's technology advantages across the entire lifecycle of mobile applications."

Prospero is a suite of software modules that fills the needs of global financial professionals, including portfolio managers, brokers, traders and risk and operations managers. Modules are available for wealth, asset and credit management, fund administration, independent financial advisory, treasury, trading and core operations.

The WorkLight Mobile Platform enables companies to efficiently develop, run and manage applications securely for multiple smartphone and tablet devices. The WorkLight platform includes the WorkLight Studio for native and web application development, the WorkLight Server for secure delivery and backend integration with enterprise systems and the WorkLight Console for deployment, ongoing management and tracking of applications.

SAGE was recently selected as a "Hot Banking Tech Company to Watch in 2010" by Forrester Research Inc. in its July 2010 report entitled "Hot Banking Tech Companies to Watch in 2010: Q2 Update."

About SAGE SA

SAGE SA is a software development company that services the global financial industry. SAGE develops Prospero, a modular financial system that offers clients an integrated front-, middle- and back-office system. SAGE's goal: Help financial professionals focus on what they do best-managing money, not systems. For more, visit: www.sage.ch.

About WorkLight - Extend Your BusinessTM
WorkLight is a leading mobile application platform for smartphones, tablets and beyond. Many of the world's largest companies rely on the WorkLight Mobile Platform to create and run optimized cross-platform applications with unmatched development flexibility, secure enterprise connectivity and full lifecycle management to drive more business while radically reducing development cost, time to market and ongoing maintenance. Headquartered in New York, WorkLight's technology has been recently recognized by Gartner, Red Herring, InformationWeek, Network World, eWeek and BusinessWeek. For more, visit www.worklight.com.

More Stories By Glenn Rossman

Glenn Rossman has more than 25 years communications experience working at IBM and Hewlett-Packard, along with startup StorageApps, plus agencies Hill & Knowlton and G&A Communications. His experience includes media relations, industry and financial analyst relations, executive communications, intranet and employee communications, as well as producing sales collateral. In technology, his career includes work in channel partner communications, data storage technologies, server computers, software, PC and UNIX computers, along with specific industry initiatives such as manufacturing, medical, and finance. Before his latest stint in technology, Glenn did business-to-business public relations on behalf of the DuPont Company for its specialty polymers products and with the largest steel companies in North America in an initiative focused on automakers.

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