SOURCE: GigaSpaces

May 01, 2008 09:00 ET

GigaSpaces Technologies, Microsoft and Lab49 Host Executive Breakfast Seminar

Executives to Discuss GigaSpaces' and Microsoft's 'Excel that Scales' Joint Solution: Excel Applications in Financial Services

NEW YORK, NY--(Marketwire - May 1, 2008) -


Who:

Craig Saint-Amour, industry solutions director, capital markets, financial services group at Microsoft

Luke Flemmer, managing director at Lab49

Owen Taylor, director of worldwide technical communications at GigaSpaces

What:

Executive Breakfast Seminar: Excel that Scales - High Performance Excel Applications for Traders and Analysts in Financial Services

When:

Wednesday, May 7, 2008 from 8:30 a.m. to 11:00 a.m. ET

Where:

Microsoft Corporation, Radio City Conference Room

1290 Avenue of the Americas, New York, NY

RSVP:

To register and confirm your attendance please contact merida@gigaspaces.com

GigaSpaces Technologies today announced that they are hosting an executive breakfast seminar along with Microsoft Corporation and Lab49 to discuss the GigaSpaces and Microsoft joint solution, which enhances the scalability of Microsoft Excel. This offering allows enterprises to harness the power of their data centers to scale their Excel-based applications and dramatically improve their users' productivity. Craig Saint-Amour, Luke Flemmer and Owen Taylor will present a complete solution that allows enterprises to off load data and computation (Excel macros, VBA, etc.) from users' desktops to the server side, benefit from improved resiliency, scalability, and total cost of ownership of their Excel based applications.

During the seminar Saint-Amour, Flemmer and Taylor will discuss solution benefits such as how to:

--  Handle massive amounts of data (e.g. market feeds) in a reliable
    manner
--  Dramatically reduce processing times and enable more accurate risk and
    portfolio management (perform more VAR calculations and Monte Carlo
    simulation runs per hour)
--  Share data between multiple traders and analysts, and enable better
    collaboration
--  Shield users from desktop and server failures
--  Enable Excel applications to scale up (and down) to meet varying loads
--  Free up desktop resources
--  Effectively migrate Excel logic to run as server side, managed code
    

Saint-Amour is responsible for strategy, solutions delivery, partner management, marketing and industry sales in the financial services group at Microsoft Corporation. He has more than 30 years of U.S. and International business experience and has focused the last 20 years on the financial services industry. Prior to joining Microsoft, Saint-Amour worked at SUN Microsystems and Digital Equipment Corporation within the Corporate Accounts Program. Additionally, he has had tenures with both Wang Laboratories and IBM.

Flemmer is a founder and managing director at Lab49, working with existing clients overseeing Lab49's engagements, advising them on technology direction, particularly in the area of fixed income. Prior to founding Lab49, Flemmer worked alongside other founding partners at Simile Software, where he managed the engineering team and co-developed the firm's core intellectual property. Additionally, he has served in executive roles at both Braindock and Nimbl Inc. Flemmer has spent most of his career consulting and developing technology for major corporations, and his particular interest and experience are in the areas of real-time, high throughput systems, and in the design and application of evolutionary and adaptive software systems.

Taylor is the director of worldwide technical communications at GigaSpaces Technologies. His areas of expertise include J2EE design patterns, performance tuning of J2EE applications, and translating new architectural concepts and technical capabilities of space-based solutions into readily accessible formats. Prior to GigaSpaces, Taylor presided in executive and consulting positions at Identify Software, The Middleware Company, The New CustomWare Company and Inprise.

About GigaSpaces

GigaSpaces Technologies is a leading provider of a scale-out application server for Java, .Net and C++ environments. The GigaSpaces middleware is a single product that handles data, business logic and messaging -- and utilizes industry-standard APIs and an open source stack to provide a complete application infrastructure solution. With GigaSpaces, applications can be easily built for scalability, reliability and high-performance in distributed environments, such as SOA, clusters, grids and cloud computing.

GigaSpaces' customers include leading organizations in financial services, telecommunications, manufacturing and the Internet, where the need for mission-critical high-performance, reliability and scalability necessitates an alternative to traditional approaches. GigaSpaces was founded in 2000 and has offices worldwide. For more information visit: http://www.gigaspaces.com

For more information, please visit http://www.gigaspaces.com, or visit the company's blog at http://www.gigaspacesblog.com.