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DataSynapse showing growth
[UC Newsdesk 2005/8/1]

DataSynapse, a provider of grid computing solutions for the virtual enterprise, announced it has closed more business in the first half of 2005 than its successful 2004 fiscal year. The company is said to be on pace to more than double its annual revenue for the fifth consecutive year.

The company added eight new client wins in the first half of 2005, bringing its total number of enterprise customers to more than three dozen companies headquartered throughout the world. These included a major Canadian utility and a leading European media conglomerate.

"DataSynapse continues to lead the worldwide grid community with increased enterprise adoption of our GridServer software and a renewed commitment to industry standards," said Peter Y. Lee, co-founder and CEO of DataSynapse. "The successes achieved in the first half of 2005 are a testament to the tangible business value our clients derive from a more agile and responsive IT infrastructure and demonstrates the growing commercial demand for grid technology."

Attracting a variety of independent software vendors, systems integrators and complementary reseller relationships, the first half of 2005 saw a tremendous amount of partner activity and success. Partner-related sales contributed to more than one-third of the company's total business in the first half. DataSynapse announced strategic partnerships with Milliman USA, Summit Systems, HP, Tata Consultancy Services, Novell and Calypso Technology Inc. The introduction of GridServer Virtual Enterprise Edition in February brought to market a standards-based and highly scalable virtual processing environment that enables the broadest set of enterprise applications to execute on a shared computing infrastructure. Supporting batch, object, event-driven and service-oriented application architectures, DataSynapse offers a grid solution capable of sustaining a variety of application and resource types in a transactional grid environment.
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