FLEXSTOR announced plans to release its base FLEX-db Digital Asset Management (DAM) technology into the Open Source community. The company plans to post the source code by the end of the third quarter of 2003. This strategy is designed to accelerate development enhancements with the software quality control that comes from Open Source initiatives. The two founding sponsors with FLEXSTOR on this Open Source initiative are Fort Dearborn Company and Rorke Data, Inc. FLEXSTOR is in current discussions with potential Sponsors from the business and government communities. FLEXSTOR seeks other Sponsors to solicit advice and support on the future direction of the FLEX-db Open Source initiative. It can serve as both an application infrastructure to be extended, or can be deployed in its simplest form as a turnkey solution. The FLEXSTOR product suite is an enterprise-wide, digital asset management solution built upon JAVA and object-based extensible Enterprise Java Bean (EJB) architecture. The software is composed of internally developed software modules and integrated foundation technology products including other Open Source products. www.flexstor.biz

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