SOURCE: Encirq

October 09, 2007 11:05 ET

Encirq Reports Strong Growth

Encirq Doubles Client Base as New Management Team Executes on Expanded Strategy

BURLINGAME, CA--(Marketwire - October 9, 2007) - Encirq Corporation, a leading provider of software and services for ultra high-performance, low-latency event processing and data management, today announced strong results for the fiscal year ending June 30, 2007. Over the past year, the Company secured new design wins with leading companies in both Asia and North America, doubled its overall client base, partnered with leading systems integrators globally and successfully penetrated its top accounts with additional design wins and deployments. Additionally, the company brought in a new CEO to drive new business strategies for accelerated growth in both current and new markets.

"Leading companies are embracing the Encirq advantage for accelerating the development of more reliable, high-performance applications for their next-generation applications and systems," said Deb Goslin, CEO of Encirq. "Customers are realizing that traditional, in-house developed applications for processing real-time data no longer meet their needs for reliability, scalability and performance, especially with the explosion in both the volume and velocity of data that their systems must handle."

Driving the success and acceptance of Encirq are the results customers are achieving with the company's flagship product, DeviceSQL, together with the Company's design consulting expertise. DeviceSQL is an innovative software technology that enables development teams to improve the reliability and performance of their embedded applications by processing and managing data with greater efficiency and consistency. Today, DeviceSQL is used in such diverse systems as mobile handsets, automotive audio and infotainment systems, digital set-top boxes, printers and high-end telecom/datacom equipment.

Encirq has also embarked on the delivery of their technology to the enterprise through strategic partnerships with both multicore platform vendors and systems integrators that want to leverage Encirq's exceptionally fast stream processing engine. Encirq's technology dramatically improves the performance of ultra low-latency applications for complex event processing ("CEP") on multicore processors and has been shown to deliver one to two orders of magnitude improvement in throughput and reduced event processing latency compared to existing technologies. These performance advantages are important in time-critical financial trading applications, Homeland Security and Mil-Aero systems which need to do real-time processing and event detection on massive amounts of information.

About Encirq

Encirq Corporation is a leading provider of software and design services for ultra high-performance, low-latency event processing and data management. For embedded device applications, Encirq helps leading OEMs build reliable software for efficient management and processing of data so they can deliver better products in less time. For enterprise applications, Encirq's ultra high-performance stream processing engine and Event Processing Language make it possible for customers to process, monitor and act on large volumes of real-time data and events faster than with competing solutions. Encirq is headquartered in Silicon Valley and partners with companies around the globe to help transform their businesses and industries.

Additional information is available at www.encirq.com.

Contact Information

  • For Media Inquiries:
    Jan Liband
    Encirq Corporation
    650-292-3522
    Email Contact