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Aonix > News and Events > Press Releases > February 28, 2003 >

"Aonix® Grows Into Two New Companies"

San Diego, California, February 28, 2003

Aonix announces the growth of the former Aonix Corporation into two new companies.

The entire former Critical Development Solutions (CDS) division with all the existing products is now a new company keeping the name of Aonix. This company will continue to provide software development solutions for mission-critical and safety-critical applications and will focus on the Space, Avionics, Defense, Transportation and Industrial markets. The former Aonix Divisions, eBIS and Select product divisions, remain intact and have been renamed Select Business Solutions, Inc. and will focus directly on the commercial IT market sector. The growth into two companies allows each new company to focus on their respective market areas.

The former CDS general manager, Nicolas Hadjidakis and the CFO, Christophe Faurere, led a group of brand new investors who purchased the new Aonix. The faith that Aonix employees have in their company and the fact that the CDS division bucked industry trends by generating significant revenue growth in 2002 attracted the new investors. New additional venture capital funding is expected to specifically grow the company around existing products. Aonix current products are: Software Through Pictures® (StP), ObjectAda®, RAVEN™, TeleUSE®, and high performance Java based products.

"We are very pleased to have the opportunity to build upon the fantastic foundations of the CDS division." says Nicolas Hadjidakis, CEO and President of the new Aonix. " We see a growing demand for well engineered 'high-integrity' software for mission-critical applications in all the markets we are targeting".

The new Aonix is retaining the entire CDS management team, as well as its staff, development and support centers for all CDS product lines. All Aonix offices in the US, France, Germany, Sweden, and the UK remain in their current locations with the same contact information.

About Aonix

Aonix is a global independent provider of Software Engineering Development Environments with more than 20 years of experience. Our products cover Analysis and Design (Ameos™, Software through Pictures® and Architecture Component Development™), GUI Design (TeleUSE®) and implementation in Ada (ObjectAda®, AdaWorld®), Java™ platform support for Embedded Systems (PERC®,JRAVEN™, JRTK™), high-performance and certifiable Real-Time kernels (RAVEN™, SmartKernel™) and Software-Testing. As a pioneer in current market trends such as Model Driven Architecture® (MDA), Real-Time Java™ and in the development of safety-critical applications Aonix addresses the needs of mission- and safety-critical applications for various industries including Avionics, Space, Defense, Transportation, Telecoms, Automotive, and Industry in general. Professional training, consulting and local technical support guarantees our customers the successful development and deployment of their applications. Headquartered in San Diego, CA and Paris, France, Aonix operates sales offices throughout North America and Europe in addition to a network of international distributors. For more information, visit www.aonix.com.

If you would like to receive press releases via electronic mail, please contact the Corporate Communications Department at info@aonix.com.

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