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Altova Announces MetaTeam, a Cloud-Based Team Collaboration Service

BEVERLY, MA -- (Marketwire) -- May 15, 2012 -- Altova® ( http://www.altova.com), creator of XMLSpy®, the industry leading XML editor, today announced the public beta launch of MetaTeam™ -- a new team management and project collaboration cloud service.

MetaTeam is a different kind of project management solution. It breaks down the mysteries of team organization into simple steps that anyone -- not just project managers -- can use effectively. Specifically designed to foster agile collaboration, MetaTeam makes teams more productive by creating an environment of transparency and information accessibility. At the same time, for larger teams and more elaborate projects it raises accountability and commitment by spelling out individual roles and responsibilities.

"Altova has dedicated itself to meeting the needs of development teams since its founding in 1992. Each of our XML, database, and UML tools is designed to simplify development projects and help you create high-quality applications. MetaTeam extends this mission even further," said Alexander Falk, President & CEO of Altova. "In the same way that our development tools make sometimes complex best practices straightforward, MetaTeam offers practical solutions to the organizational challenges high performance teams face every day."

MetaTeam is not just for developers. Business teams in any capacity can access its powerful tools to enhance collaboration and efficiency in managing projects of any kind. In addition, MetaTeam has proven attractive to department managers and committees.

This revolutionary cloud service includes integrated apps for managing to-dos, team member roles and responsibilities, project-specific terms and documentation, structured decision making, team member information, and more. Threaded discussions and customizable email alerts promote communication and clarity.

Here is a glimpse of some features MetaTeam offers:

As a truly effective collaborative environment, MetaTeam removes barriers to productivity by transforming project stakeholders into project owners. To learn more about MetaTeam, view an introductory video, and create a free account, visit http://metateam.net.

Availability and Pricing
MetaTeam is currently in a free, public beta phase and is open to all users.

About Altova
Altova® is the creator of XMLSpy® and other leading XML, database, UML, and project management tools. A key player in the software tools industry and the leader in XML development tools, Altova is the choice of over 4.2 million clients worldwide, including 91 percent of the Fortune 500. An innovative, customer-focused company, Altova offers a product line that fulfills a broad spectrum of business needs for teams in the world's largest organizations to growing one-person shops. An active member of the World Wide Web Consortium (W3C) and Object Management Group (OMG), Altova is committed to delivering standards-based, platform-independent solutions that are powerful, affordable, and easy-to-use. Founded in 1992, Altova is headquartered in Beverly, Massachusetts and Vienna, Austria. Visit Altova on the Web at: http://www.altova.com.

Altova, MissionKit, XMLSpy, MapForce, FlowForce, StyleVision, UModel, DatabaseSpy, DiffDog, SchemaAgent, SemanticWorks, Authentic, MetaTeam, and AltovaXML are trademarks and/or registered trademarks of Altova GmbH in the United States and/or other countries. The names of and reference to other companies and products mentioned herein may be the trademarks of their respective owners.

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