DataSynapse To Present LiveCluster Solution for Financial Services Sector at Securities Industry Association (SIA) Show

Leading Provider of Distributed Computing Platform To Participate at SIA in the IBM booth

New York, June 18, 2002 – DataSynapse, an IBM Partnerworld for Developers Business Partner, will present its LiveCluster software at this year’s SIA show. The DataSynapse solution will be showcased in the IBM booth running a financial application on IBM’s @Server 1300 Linux-cluster series.

DataSynapse’s participation in this year’s SIA show is timely. The current IT-spending environment challenges financial services firms to do more with less. LiveCluster software transforms the speed, reliability, and total cost of ownership of applications by dynamically distributing applications over the network, leveraging underutilized computing resources. In the process, DataSynapse provides a platform that addresses many of the key strategic challenges facing CIOs today, such as: migrating from Unix to Linux; implementing intra-enterprise grids; and, managing shared or dedicated computing farms, and server consolidation efforts.

"Our financial clients face a common dilemma: they are looking for resiliency in their architectures to increase the speed and reliability of mission-critical applications, while decreasing hardware and maintenance costs. Our solution delivers these efficiencies," added Frank Cicio, COO, DataSynapse. "We are pleased to have been selected to participate in the IBM booth at the leading global technology conference for the securities industry "

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