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Subject: [announce] OASIS Member News: Datapower's Intelligent XML-awareNetworking Device Powers Delivery of Real-time Financial Information forHemscott
DATAPOWER'S INTELLIGENT XML-AWARE NETWORKING DEVICE POWERS DELIVERY OF REAL-TIME FINANCIAL INFORMATION FOR HEMSCOTT World's First Wire-Speed XML Accelerator Provides Dramatic Boost in Performance for Europe's Leading Financial Information Provider CAMBRIDGE, Mass.-August 26, 2002-DataPower Technology, the industry's leading provider of intelligent XML-aware network infrastructure, today announced that Hemscott PLC, a leading business information and research company, has deployed the DataPower XA35 XML AcceleratorT to provide highly-customized real-time data to its customer base of European financial services organizations, professional advisors and sophisticated retail investors. Hemscott has selected each of its business lines to be powered by the XA35 XML Accelerator, a first-of-its-kind network device that processes XML into varied data formats at wire-speed to ensure that users receive dynamic information quickly and without fail. The XA35 leverages DataPower's patent-pending XG3T technology and is the world's only XML-aware network device capable of intelligently and securely processing XML traffic at wire-speed. (See related announcement "DataPower Technology Delivers Industry's First Wire-speed Intelligent XML-Aware Network Device," August 26, 2002) "We provide a high-end service to demanding clientele for whom speed is an absolute market requirement. The XA35 gives us that advantage," said Stephen Roche, CTO of Hemscott. "With the DataPower XA35 in place, files that once took twenty (20) seconds to transform can now be processed in less than one (1) second. As for the transition, it was painless. We were up and running in less than a day." Hemscott is a London-based company that is the number one provider of fully outsourced investor relations Web sites in the United Kingdom and Ireland, Hemscott's own web site (www.hemscott.net) is rated as one of the top financial portals in the world and financiers worldwide depend daily on Hemscott's custom reporting service to make strategic investment decisions. Hemscott operates Sun (NasdaqNM:SUNW) SolarisT Operating Environment software with an OracleR (NasdaqNM:ORCL) database of information detailing publicly traded companies in Europe - its core asset. Hemscott recently migrated to XML to facilitate a constant stream of real-time, dynamic and customized information from this database to its customers. When Hemscott initially transitioned to XML it incurred unfavorable XML processing performance using only a software-based platform. This performance degradation caused severe bottlenecks that prevented Hemscott from taking the application to real production. After careful evaluation, Hemscott selected and deployed DataPower's XA35 network device and realized a two thousand percent (2000%) increase in performance and eliminated the need to overprovision multiple, high-cost servers. "For the past three years, DataPower has continually broken new ground with several category-defining XML-aware network solutions," said Eugene Kuznetsov, president, founder and CTO of DataPower. "The real-time delivery of accurate information is increasingly a competitive advantage and requirement for any business. DataPower makes this possible through unique, intelligent wire-speed XML processing. Companies like Hemscott also realize significant cost savings because DataPower's XA35 reduces the need to purchase expensive new servers." About Hemscott PLC Hemscott plc is a leading business information and research company. It offers a range of information services and bespoke research, both online and offline. Customers include UK and European listed companies, financial services organizations, their professional advisers and sophisticated retail investors. The company has two core-operating divisions - Business Information and Media Services. The Business Information division comprises Data Services (the provision of data in both raw and software products and research) and Online Investor Relations Outsourcing (the provision of a fully out-sourced, cost-effective, tailored service for the investor relations component of European quoted companies web sites). The Media Services division comprises www.hemscott.com (the leading financial portal for professional investors, business professionals and private investors) and Online Publishing (e-mail publications and microsites). About DataPower Technology DataPower Technology provides enterprises with intelligent XML-Aware network infrastructure to ensure unparalleled performance, security and manageability of next-generation applications and XML Web Services. DataPower's patent-pending XML Generation Three (XG3T) technology powers the industry's first wire-speed XML acceleration devices that provide immediate return on technology investments while streamlining application deployments. Founded in 1999, DataPower is privately held and based in Cambridge, MA. Investors include Seed Capital Partners, Venrock Associates and Mobius Venture Capital. For more information about DataPower Technology, please contact 617-864-0455 or visit www.datapower.com.
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