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Subject: [announce] OASIS Member News: Vordel enhances performance of Webservices
Vordel enhances performance of Web services security with support for Intel (r) Itanium(tm) processor Rapidly Delivering Software Built to Process and Secure Volumes of Data for Financial Organizations Dublin, Ireland and Santa Clara, Calif. - January 15, 2002 - Vordel, the Web services security company, today announced the interoperability of its signature product, TalkXML(tm) and Intel's(r) Itanium(tm) processor. Vordel's products enable financial organizations to deploy security in a Web services environment. Vordel TalkXML(tm) provides a digitally signed audit trail for commercial transactions. The product is designed for the data conversion and routing requirements that are characteristic of complex financial trading environments. TalkXML's compatibility with Intel's Itanium 64-bit processor allows the software to process large volumes of data at high-speed using Vordel's patent-pending technology. "Vordel and Intel support the vision to meet the critical enterprise computing challenges facing large financial organizations," said David Ryan, CEO, Vordel. "The outstanding processing power of Intel(r) Architecture 64bit technology provides an ideal platform for the high volume critical business applications enabled by TalkXML." Ryan continued, "This interoperability will enable organizations to swiftly exchange and process high volumes of data while maintaining strong security and a complete audit trail of all transactions." "Intel's Itanium processor provides a reliable enterprise computing platform for companies which require ultimate performance, scalability and security," said John Woodget, Director Intel Northern & Central Europe. "The Intel(r) Itanium(tm) processor is designed to deliver an immediate performance benefit for intensive web security applications. In the evolving business environment with an emphasis on the extension of business processes over the internet between trading partners, Web services security applications become increasingly more important." The Intel(r) Solution Center in Moscow, a high-tech testing and optimization facility, has been working closely with Vordel to characterize and optimize the Vordel TalkXML Server on both the Intel(r) Pentium(r) III Xeon(tm) and Intel Itanium processor. The results achieved demonstrated excellence, with a 20-fold performance increase on an 8-way Intel Pentium III Xeon processor-based server and a 7-fold increase when running on an Intel Itanium 800 MHz processor-based system. About Intel Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom. About Intel 64 Fund The Intel 64 Fund is a quarter billion dollar equity investment fund that invests in technology companies developing innovative enterprise solutions for Itanium-based server and workstations. The fund is coordinated by Intel with Compaq, Dell, Hewlett-Packard, Intel, NEC, and SGI as co-investors. The Fund's other investors, managed by Morgan Stanley Dean Witter, include Bank of America, The Boeing Company, Circuit City, Enron, Ford Motor Company, General Electric, McKessonHBOC, Morgan Stanley Dean Witter, Reuters, Sabre, SmithKline Beecham, Sumitomo Corporation, SunAmerica and Telmex. Additional information about the Intel 64 Fund is available at www.intel.com/capital. About Vordel Vordel is the Web services security company developing products that provide security, accountability, integration and performance for business transactions over the Internet. Vordel's flagship product, TalkXML(tm) enables companies to integrate business applications securely over the Web. Vordel is a privately held company headquartered in Dublin, Ireland with offices in Boston, Massachusetts and London, England. Institutional investors in Vordel include DrKW, Elderstreet VC, ICC Venture Capital, the Intel IA64 fund, and the Powerscourt Fund. Additional information about Vordel is available at www.vordel.com Vordel Press Contact: Hugh Carroll Maryellen Cronin Vordel FitzGerald Communications P: +353 1 215 3333 P: 617-488-9500 ext. 249 E: press-info@vordel.com E: mcronin@fitzgerald.com
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