Join us for the launch webinars on Thursday, July 23, 2009

NEW YORK – July 14, 2009 – GigaSpaces Technologies, a leading provider of application middleware platforms for Java and .NET environments, announces the launch of eXtreme Application Platform (XAP) 7.0, an enterprise-grade application server for deploying and scaling distributed applications. XAP 7.0 is the only product providing all middleware functions for the entire application stack within a single platform.

"XAP 7.0 is based on a unique architecture designed to manage the most complex environments as experienced by our Fortune 100 customers,” says GigaSpaces CTO Nati Shalom. “With this new release, scalability is made so transparent and easy that organizations can leverage existing skill sets and historic investments to develop highly scalable applications that can meet fluctuating, unpredictable demand, with guaranteed performance and no downtime."

GigaSpaces XAP 7.0 enables organizations to cost effectively do more with less while meeting and exceeding the most demanding business requirements. XAP is the only product that offers all of the following:

• Single Platform – One middleware platform providing data, messaging, processing, high availability, and deployment, resulting in reduced complexity, no middleware integration, and fewer license fees.
• High Performance - Proven in mission-critical applications with the highest throughputs, largest data volumes, and millisecond-level latency.
• Scalable On Demand – Unlimited, linear scalability with predictable consumption of resources, performing real-time capacity planning by re-assigning unutilized resources to applications experiencing high loads.
• Always On – Eliminates unplanned downtime under extreme, unpredictable load by reacting to loads in real time and automatically provisioning more resources to meet service levels.
• Open - Minimizes vendor lock-in by supporting major open frameworks and standards, providing native support for Java, .NET and C++, and running on any existing infrastructure and public and private cloud environments.

“Extreme transaction processing is making its way into mainstream adoption because of the exponential growth of web-based transactions, even within the ‘traditional’ business environment,” says Massimo Pezzini, Vice President and Gartner Fellow at Gartner. “Companies are seeking tools to help them cost effectively manage variability between times of high and low demand; therefore, they are considering technologies that support both in-house and cloud-based processing.”

With this release, GigaSpaces continues to build on its history of delivering enterprise-grade application infrastructure products. Additional enhancements include:

• 40-times faster data access for extreme speed
• Increased utilization of multi-core machines by up to 300% for higher ROI  
• Revamped Management Center GUI for improved development productivity
• Administration API for fine-grained control of the entire deployment environment from within applications
• Simpler APIs for writing more easily maintainable code
• Improved packaging for effortless deployment of web applications
• Updated security model
• Improved logging and troubleshooting for product robustness

Now, potential clients can evaluate XAP online, observing real enterprise applications running within a production-ready environment, without downloading the actual software.

Join us for the launch webinars:

• “XAP 7.0: The Story, the Vision, the Reality,” Thursday, July 23
  Early Session: 9:30 AM PST / 5:30 PM BST
  Late Session: 9:30 AM CEST / 5:30 PM AEST
  A high-level webinar with Nati Shalom, GigaSpaces CTO, and Cees de Groot, Marktplaats Lead Architect (eBay subsidiary and GigaSpaces client)
• “XAP 7.0: What’s New,” Tuesday, July 28
  Early Session: 9:30 AM PST / 5:30 PM BST
  Late Session: 9:30 AM CEST / 5:30 PM AEST
  A technical overview with Uri Cohen, GigaSpaces Product Manager

About GigaSpaces
GigaSpaces Technologies is a leading provider of a new generation of application platforms for Java and .Net environments that offer an alternative to traditional application servers. Its flagship product, XAP 7.0, is an enterprise-grade application server for deploying and scaling distributed applications under any requirement.

GigaSpaces customers depending on our reliability and millisecond latency include many of the Fortune 100 companies, the world's top investment banks, financial exchanges, telecommunications carriers, Web-commerce companies, online gaming companies, and Internet media organizations. GigaSpaces was founded in 2000 and has offices in the United States, Europe and Asia.

For more information, please visit http://www.gigaspaces.com, our blog at http://blog.gigaspaces.com or our public relations team:

K2 Strategic Innovations

Amy Kenigsberg

amy@k2-si.com

+972 9 794 1681 (GMT +2)

U.S. +1 913 440 4072 (ET +7)