16bugs is a powerful and intuitive development platform that helps software teams plan, collaborate, track, and deliver projects. It provides an easy-to-use dashboard with powerful project management and development capabilities, including time tracking, project reports, ticketing, and collaboration tools. It also offers a comprehensive suite of tools to help you manage your codebase and keep it up to date. With 16bugs, you can easily manage tasks, bugs, and feature requests, assign tasks to team members, and track progress on tasks. You can also track the codebase with version control and keep track of code reviews and code changes. Finally, 16bugs provides real-time analytics to help you gain deep insights into your development process.
Discontinued yes, it seems to be discontinued. archive.org shows the latest screenshots of the site about September 2014.
last discontinued version of 2008: http://j-trac.sourceforge.net/files/