Actuate Corporation announced the company has created a new division, ReportingEngines, which will develop, market and sell embedded Java reporting tools to the multibillion dollar J2EE application development market. The tools will utilize the established Formula One brand and allow Java developers to easily integrate reporting functionality into any Java project deployed from a J2EE application server.

The ReportingEngines division will allow Actuate to take advantage of the growing demand for embedded report development tools in the Java marketplace. The Formula One Reporting Engines product family currently includes the Formula One e.Report Engine and the Formula One e.Spreadsheet Engine. Developers use these 100 percent pure Java engines to access data sources, embed reporting functionality in applications deployed from J2EE server environments, and distribute richly formatted Microsoft Excel, PDF, XML, HTML and DHTML reports to employees, customers and partners inside and outside the firewall.

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