GigaSpaces Announces Launch of Version 5 of its Award-Winning Infrastructure Product
4/10/2006

Delivers key services for distributed applications and benchmarked for linear-scalability, high-performance on environments with over 2000 commodity CPUs.

NEW YORK, NY - In an effort to meet the escalating demand for high-performance, low-latency transactional systems in Financial Services, Telecommunications, Defense and other industries, GigaSpaces Technologies today announced that it has launched Version 5 of its award winning infrastructure software solution.
The new version is shipped in two editions: a full-scale Enterprise Edition and an entry-level Caching Edition.

GigaSpaces Enterprise Edition 5 provides application developers with a vastly simplified infrastructure for developing and deploying dynamic, linearly-scalable applications in order to meet the exponential increase in transaction volumes of high-performance, business-critical systems. This new version removes, in a single platform, all the middleware bottlenecks associated with data access, data processing, and data distribution. Moreover, its product architecture allows application programmers to write their business logic once and effectively and transparently scale the application linearly and on-demand across any number of machines.

Version 5 combines advanced services such as distributed data caching, distributed messaging, and parallel processing and encompasses the following new features:

  • A self-managed management and provisioning component that enables transaction-intensive applications to scale dynamically over a grid of commodity hardware resources, while managing machine and network failures automatically; 
  • Transparent, parallel query capabilities that enable applications to run distributed, parallel processes on very large distributed and partitioned in-memory data sets;
  • Tightly integrated, highly distributed support for high-throughput event handling and application messaging scenarios;
  • Enhanced out of the box support for .Net and C++ interfaces providing unparalleled high-performance integration of heterogeneous environments;
  • Enhanced write-through and read-through capabilities allowing tight integration and data load from existing data sources for transparent data virtualization.

GigaSpaces Caching Edition 5 is a highly scalable, high-performance Distributed Caching solution. This solution is ideal for application scenarios that require very-high performance by reducing access times to distributed, in-memory data. This solution includes built-in configuration and support for common caching scenarios such as Replicated Cache, Partitioned Cache, and Master-Local Cache with both in-memory transient and data-base persistent modes. It also includes a unique combination of an object- based data model and In Memory Database (IMDB) capabilities through a hybrid implementation of SQL based queries and the JavaSpaces and JCache APIs.

GigaSpaces!¦ Enterprise and Caching Editions have been independently and consistently benchmarked in the most demanding distributed environments, encompassing more than 2000 commodity, hyper-threaded CPUs while loading more than 1 TB of data in 20 minutes and processing 800 million events in less than 100 minutes.

"Using GigaSpaces, we are enjoying an end-to-end, on-demand, scalable solution that enables us to achieve high performance levels for our mission critical order management applications," said Julian Browne, Head of Architecture at Virgin Mobile. "GigaSpaces exceeded our performance requirements and we're looking forward to enhance this flexible, cost-effective infrastructure with the new capabilities of its latest version."

!§We are extremely pleased with the feedback we are receiving from some of the world!¦s leading financial institutions that are already using 5.0,!¨ said Yaron Benvenisti, CEO of GigaSpaces. !§These customers cite ultra-fast performance, linear scalability and an easier to use solution, which are exactly the benefits we were looking for when deciding to launch this edition."

!§Organizations world-wide are looking for ways to reduce the cost of deploying high-performance, business critical applications while ensuring high-mark scalability, availability and reliability. Grid-based application platforms based on open standard technologies promise to support even the most extreme transactional requirements by leveraging large clusters of commodity hardware. Users looking for competitive advantage should look at grid-based platforms as critical enablers for the next generation of their differentiating transactional applications,!¨ said Massimo Pezzini, VP and Distinguished Analyst, Gartner.

About GigaSpaces
GigaSpaces provides innovative, high-performance infrastructure software solutions that deliver unparalleled dynamic scalability for high-volume transactional applications, without the overhead and complexity inherent in traditional multi-tier development and deployment environments.

Its award-winning solutions have been adopted across multiple vertical industries and are used by companies such as Nortel, Societe Generale, Hutchison 3G, AIG, Virgin Mobile, FXall and others for mission-critical applications, where the need for extreme performance, reliability and scalability necessitates an alternative to traditional tier-based architectures. 

GigaSpaces was founded in 2000 and has offices in New York, London and Israel, it is a privately held company, funded by BRM Capital, Formula Vision and Intel Capital. GigaSpaces is an affiliated company of the Formula Group (NASDAQ: FORTY), Israel's largest publicly held IT group. For more information, please visit http://www.gigaspaces.com

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For further information please contact:
Ziv Leshem
GigaSpaces Technologies, Inc.
Tel: 972-9-952-6751
Email: ziv@gigaspaces.com
________________________________________
Christine Shock
Public Relations for GigaSpaces
Tel: (508) 893-9933
Email: cshock@shockpr.com




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