Vision Software Renamed Versata, Inc.

OAKLAND, Calif., Jan. 5 /PRNewswire/ -- Vision Software Tools, Inc. today unveiled a new corporate name, Versata, Inc., that the company expects to become synonymous with the next generation of transaction-based, business-to-business web applications. The name change reflects the company's continued commitment to providing the Versata E-Business Automation System to more than 400-companies worldwide. Versata continues to maintain its long-term corporate vision and strategy for enabling organizations to capitalize, rather than be compromised by, the relentless change of e-business. Versata does this by empowering customers to rapidly create, deploy and modify complex, transaction-based, business-to-business web applications in significantly less time than is typical with standard web development tools.

"We're introducing a new name for our company that accentuates...