GigaSpaces Announces General Availability Of The GigaSpaces Enterprise Application Grid

New York, NY, December 8, 2004 - GigaSpaces Technologies, Inc., a leader in high-performance distributed computing infrastructure today announced the immediate availability of the GigaSpaces Enterprise Application Grid, Version 4.0. This new version offers major enhancements over previous versions; adding powerful data grid, messaging and parallel processing components and delivering in-memory levels of performance as well as high reliability to transactional, data intensive, business-critical enterprise applications.

New features include:

•     Enterprise Data Grid
  • Enhanced Space query support using SQL and regular expression
  • JDBC interface to in-memory JavaSpaces data-store
  • JavaSpace querying using SQL and Regular Expressions
  • Integration with O/R mapping technologies (Hibernate, JDO)
•     Enterprise Messaging Grid
  • Innovative, distributed JMS Grid
  • Enhanced JavaSpace-based messaging
  • Sequencing (FIFO)
  • Content based routing
  • Parallel distributed Workflow support
•     Core JavaSpaces Grid
  • Scalable to thousands of concurrent users
  •  Synchronous & asynchronous replication
  • Multicast replication option
•     Management and Provisioning
  • Java Management Extensions (JMX) Interface
  • Dynamic deployment of GigaSpaces Grid components (RIO)
  • Grid management tools integration (Tivoli, Enigmatec)
•     Service-Oriented-Architecture (SOA)
  • Performance enhancements
  • Enhanced support for C++ and .Net
  •     Support for Jini 2.0

"Our customers are organizations with stringent requirements for high-performance and reliability in a business-critical environment," said Yaron Benvenisti, GigaSpaces CEO. "They are looking for a mature and scalable infrastructure for their distributed environment, one that will provide an elegant solution to the limitations of existing middleware technologies. The GigaSpaces Enterprise Application Grid will finally enable them to enjoy the cost-benefits of a new-generation of commodity hardware and software platforms in their mission-critical, transactional-intensive application environments."

"Most interesting from the grid-computing audience's point of view is GigaSpaces' claim to offer a missing link between the vision of grids (dynamic provisioning, virtualized IT, commodification) and the reality, in which grids are compute-oriented and used for batch processing and there exists multiple virtualization scenarios - CPU, database, storage etc." said William Fellows, Principal Analyst with The 451 Group, a technology industry analyst company focused on the business of enterprise IT innovation. "Indeed, in this way GigaSpaces is now directly targeting one of grid computing's 'missing links,' identified in The 451 Group's 2003 Special Report on the grid computing market." Fellows' observations are contained in an independent report titled, "GigaSpaces touts data distribution approach for enterprise application grids," published on November 12, 2004 *.

The GigaSpaces Enterprise Application Grid is currently in production at a few dozen Global 1000 and ISVs sites around the world.

About GigaSpaces Enterprise Application Grid
GigaSpaces Enterprise Application Grid's distributed messaging and data management creates a platform that provides a rich set of tightly-integrated application services (such as JMS, Clustering, Caching, JDBC, etc.) - on top of a federated shared memory platform. This allows developers to rapidly build and deploy high-performance and highly-reliable business-critical applications that run on a distributed set of IT resources. GigaSpaces Enterprise Application Grid also provides powerful monitoring and provisioning features that make its maintenance simple and effective. It enables an organization to dynamically distribute data across low-cost servers such as Linux Blades and achieve in-memory levels of performance with significantly less administration and costs than dedicated hardware solutions.

About GigaSpaces

Founded in 2000 and headquartered in New York with an R&D center is Israel, GigaSpaces Enterprise Application Grid is the first Grid-based middleware directed at transaction-intensive, high-performance business applications for the Fortune 500. GigaSpaces' customers include such major financial, telecom and manufacturing organizations worldwide as AIG, Nortel Networks and Hutchison 3G. GigaSpaces is part of the Formula Group (NASDAQ: FORTY), Israel's largest publicly held IT company. For more information, please visit www.gigaspaces.com.

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