MPI Europe announces a 300% performance improvement of GigaSpaces eXtreme Application Platform (XAP) over previous results when combining GigaSpaces software with the latest Intel processor. XAP's latest version 7 reached 1 million data updates per second and 2.6 million data retrievals per second with four client threads on the Nehalem, while reaching 276,000 updates per second and 453,000 retrievals per second with XAP 6 on the best previous Intel processor. The combination of the latest product versions also demonstrated 30 percent better scalability than previously. This test was part of the fasterAPPS programme, a joint initiative among Intel, MPI Europe and Globant, designed to promote the migration of financial applications from legacy computer architectures to Intel's latest Xeon 5500 processor, Nehalem.