Ok so after some discussion we've decided chage some of the syntax. Input and output will be marked with only one < and > respectively. We've also decided to use Java for the lexical analyser and the parser which will interpret the source code into Java bytecode.
The interpreter will be written in C++ fro speed purposes. Essentially our language will be quite portable.
EDIT: Also we're thinking about changing the name. Any suggestions?
EDIT2: OK my bad.... the whole thing will be implemented in Java and will be compiled to Java bytecode
That's correct now