January 2007 31

Grid market set to expand

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070131005557&newsLang=en

NEW YORK–(BUSINESS WIRE)–DataSynapse, Inc., the global provider of application virtualization software, today announced another solid year of growth in 2006 with revenues and client wins up 60 percent from 2005, as global demand for virtualization technology continues to increase.

According to Gartner Inc.’s 2006 Top 10 Strategic Technologies list, virtualization was a technology most likely to gain widespread adoption this past year. DataSynapse’s market leadership confirmed this industry forecast for growth in emerging virtualization technologies. Expanding its global footprint, DataSynapse’s customer base now spans 13 countries, where leading companies adopted DataSynapse solutions for their application virtualization strategies.

“Performance at the application layer is crucial to IT operations and leading enterprises have found that DataSynapse’s products – GridServer® and FabricServer™ – address the principal challenges at this layer,” said Anne MacFarland, director of data strategies and information solutions at The Clipper Group. “Its tremendous customer success in 2006 illustrated that whether an enterprise was challenged by scale, optimization, heterogeneity, enrichment or complexity, DataSynapse provided tools to address the problems.”

Grid technology remains an area of interest for many organizations, when implemented effectively, the benefits financially and commercially can be significant, this can be seen in particular in reference to risk applications in finance, or for applications in the oil industry.

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