Gigaspaces Announces Launch Of Free Community Edition

JavaSpaces and Enterprise Application Grid Pioneer to Support Free Distributed-Computing Development.

NEW YORK, NY - March 30th, 2005 - In an effort to contribute to the establishment of open standards for enterprise-class distributed computing, GigaSpaces Technologies Inc., a fast-growing provider of innovative grid-based solutions for transaction intensive, business-critical applications, today announced that it has launched a free Community Edition (CE) of its product.

The Community Edition allows developers to build professional JavaSpaces-based applications and deploy them in a production environment with no associated licensing fees.

This edition includes many innovative features such as a full, mature and proven JavaSpaces/Jini implementation, a Java Messaging Server (JMS) implementation and a JDBC interface to query data managed by a space. Advanced features found in the Enterprise Edition such as clustering and High-Availability options, Fast Persistence, C++ API, .Net API and J2EE integration are not included.

JavaSpaces is gaining momentum as the de-facto middleware standard for building efficient and simple Grid and Services Oriented Architecture (SOA) applications in Java. The Community Edition will allow architects and developers to employ a "production-grade", mature implementation of the technology from prototyping to production environments without any commercial commitment. In addition, the technology is available to Independent Software Vendors (ISVs) to embed into their product free of charge. If and when advanced features are needed, a straightforward upgrade to the full-featured Enterprise Edition is available.

"This release of the Community Edition of our JavaSpaces implementation finally offers developers a "commercial quality" product for developing and deploying distributed applications based on JavaSpaces technology," said Nati Shalom, CTO at GigaSpaces. "We are excited about this release and believe that it is a major step in establishing JavaSpaces as a de-facto standard for Grid-based transactional applications, and a key component in Java development strategies in the age of distributed computing."

About GigaSpaces Enterprise Application Grid
GigaSpaces Enterprise Application (EAG) 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 EAG 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
GigaSpaces is a fast-growing provider of innovative grid-based solutions that solve the performance, reliability & scalability problems of transaction-intensive, business critical applications. The company's customers include AIG, Nortel Networks and Hutchison 3G, among other major organizations in the financial, telecom and manufacturing industries. GigaSpaces was founded in 2000 and is headquartered in New York, with an R&D center in Israel. It is part of the Formula Group (NASDAQ: FORTY), Israel's largest publicly held IT company.
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For further information please contact:

Ziv Leshem
GigaSpaces Technologies, Inc.
Tel: +972-9-952-6751

Elizabeth Crosta
Public Relations for GigaSpaces
Tel: +1 (415) 596-9585

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