Freshmeat page: http://freshmeat.net/projects/smarty/
Smarty is a template engine for PHP. One of the unique aspects about Smarty that sets it apart from other templating solutions is that it compiles the templates into native PHP scripts upon the first execution. After that, it just executes the compiled PHP scripts. Therefore, there is no costly template file parsing for each request. Read the documentation found on homepage if you want to know more.
This project has the following developers:
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