PLATFORM COMPUTING AND GIGASPACES ANNOUNCE COOPERATION TO EXTEND ENTERPRISE GRID TO TRANSACTIONAL APPLICATIONS

New York, NY - 9 January 2007

Joint Offering Provides Increased Utilization and Dynamic Scalability to High-Performance, Transactional and Data-Intensive Applications

Platform Computing and GigaSpaces, an enterprise application infrastructure software company, announced today that they have entered into a joint marketing and technical development agreement. The agreement integrates Platform's enterprise-wide grid resource management solutions with GigaSpaces' industry-first technology for end-to-end linear scalability of transactional and data-intensive applications.

Platform and GigaSpaces are developing integration components that will create a seamless link between GigaSpaces' and Platform's offerings. The combination of the two technologies extends the benefits of the enterprise grid - including increased hardware utilization and improved service levels - to high-performance transactional and data-intensive applications, such as trading, and real-time analytics applications.

"This agreement delivers new levels of manageability and performance for customers who have the most demanding application requirements," said Jim Johnson, Vice President of Marketing, Platform. "This integration gives customers everything they need to rapidly migrate transactional applications to a grid infrastructure."

"We provide a single platform that addresses the data, messaging and processing bottlenecks inherent in high-throughput, low-latency transactional and data-intensive applications," said Geva Perry, chief marketing officer at Gigaspaces. "Together with Platform, we can now solve the most important challenges customers face when applying grid computing to these applications. This ensures low latency for mission-critical applications at any given transaction volume, plus the ability to dynamically meet application service-level requirements across the enterprise."

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