Business Editors/High-Tech Writers

BEVERLY, Mass.--(BUSINESS WIRE)--Jan. 6, 2004

Teamstudio, the global leader in developing agile software tools for application developers, today announced the sale of Screensurfer, the company's Web-to-host conversion solution for screen-based host applications, to Inventu. Inventu is a company founded by the original Screensurfer product and support team, and provides host integration software and services to organizations implementing new business initiatives.

Teamstudio CEO Nigel Cheshire explains: "With the sale of Screensurfer, we're able to focus our energies and strengths on further developing our core products--namely, Java and Notes/Domino tools for application developers."

"We're very excited about the acquisition of Screensurfer," notes Inventu President Bill Thorne. "Screensurfer customers have always appreciated the product's functionality, versatility and performance. Now that we're returning as the product architects and support team, we plan to build on those attributes, and we expect to renew our prior relationships and successes with our customers."

About Teamstudio, Inc.

Teamstudio, with headquarters in Beverly, Massachusetts, and offices in the UK and Japan, develops and markets software tools that enhance developer productivity and improve application quality. Teamstudio maintains business partner relationships with IBM, Sun Microsystems, Borland and Eclipse. For more information, visit www.teamstudio.com.

About Inventu Corporation

Inventu is a New England-based software company, specializing in host integration through the pragmatic application of terminal interfaces. Inventu is also a Flynet business partner, reselling and supporting Flynet Screen Tools, a .NET host integration tool set. For more information, visit www.inventu.com.