GemStone Systems® to Deliver Next Generation Data Platform for Financial Services

GemFire® on Intel for Financial Services (GIFS) Powers Advanced Data Infrastructure, Delivering Low- Latency and Increased Reliability

Santa Clara, CA - June 12, 2006 - GemStone Systems, the leading provider of the Enterprise Data Fabric, today announced it will deliver high speed data access and distribution capabilities on Intel’s financial services technology platform. GemFire on Intel for Financial Services (GIFS) combines software, hardware, tools and services to provide a scalable, high throughput, low-latency solution to improve data reliability, manageability and availability. GIFS combats the growing challenges facing financial organizations by significantly reducing resource requirements and resulting in lower total cost of ownership and improved ROI.

By deploying GemFire Enterprise Data Fabric (EDF) on Intel technology, the GIFS solution delivers unparalleled infrastructure scalability and compute and data throughput to improve data access and analysis and ensure continuous application and data availability. GemFire EDF provides reliable, low-latency data distribution to intelligently route crucial data elements across multiple applications, enabling improved and timely decision making.  The advanced data fabric complements Intel’s next generation technology portfolio, created to enhance the performance, manageability and efficiency of systems. GIFS offers financial organizations a comprehensive solution to address diverse needs at all levels of an organization.

GIFS is a highly-tested, scalable solution that is ideally suited for large scale clusters and grids, providing improved throughput, exceptional performance and enhanced system management capabilities for mission-critical environments such as trading, market-data and risk computation infrastructures. This best-in-class product, services and technology collaboration supplies a powerful and unique solution that delivers a significant data and hardware platform advantage with measurable performance tuning and monitoring benefits.

“Intel is committed to introducingand driving innovative, advanced technology to the market enabling organizations to efficiently analyze huge volumes of data in shorter periods of time,” said Eric Doyle, director, Financial Services, Intel Corporation.  “Our enhancedhardware offerings such as 64-bit computing andIntel’s I/O Acceleration Technology (I/O AT) augment the sophisticated data infrastructure solutionin GemFire.”

The GIFS solution delivers essential services and unique differentiators to financial organizations, including:

• Low-latency management of large data volumes on a 64-bit and multi-core processor platform
• High speed data distribution layered on I/O Acceleration Technology
• Sophisticated high availability models and system management framework
• Tool-set for optimizing performance in native environments
• Collaboration and explicitly mapped Intel and GemStone technologies

“GIFS represents the first step in what we anticipate to be a long-term collaborative relationship with Intel,” said Juan Menendez, SVP of business development, GemStone Systems. “By combining the high-speed data distribution and access provided by GemFire EDF with Intel’s best-in-breed hardware offerings, we can deliver a solution that enables customers to compete and operate more effectively. The power and flexibility of GIFS ensures its applicability across numerous functions in front, middle and back offices, delivering a comprehensive solution that will benefit any customer moving to implement an Intel based trading solution.”

GemStone and Intel will demonstrate GIFS for trading and risk management at the Securities Industry Association Technology Management Conference, June 20 – 22, 2006, in New York. Demonstrations will take place in the Intel stand, #2615, the GemStone stand, # 2115, and at the GemFire on Intel for Financial Services launch party, Tuesday, June 20, at the Hilton New York, Meeting Room A on the Concourse level, from 6:00 pm - 8:00 pm. Additional information on GIFS, including solution architecture, technology whitepaper and demos can be downloaded at www.gemstone.com/solutions/GIFS.

About GemFire Enterprise
GemFire Enterprise provides a pervasive, distributed data fabric for highly available data-on-demand at memory speeds. The GemFire enterprise data fabric (EDF) operates seamlessly on multiple platforms in heterogeneous operating environments with universal language support, enabling data virtualization and transparency of data sources to the consuming applications. GemFire connects to databases, application stores, analytical tools, messaging systems, and mainframes, enabling the deployment of high-performance service-oriented architectures at significantly lower costs.

About GemStone Systems, Inc.
GemStone Systems is a privately held infrastructure software company that provides data services solutions for enterprise business architects and data infrastructure managers that are building, enhancing or simplifying access, distribution, integration and management of information within and across the enterprise.  Founded in 1982, and with over 200 installed customers, GemStone is recognized worldwide for its unique competency and patented technology in object management, virtual memory architectures, high-performance caching, and data distribution technologies.