DataSynapse Completes Another Banner Year, as Virtualization Market Flourishes

NEW YORK – Jan. 7, 2008 – DataSynapse, Inc., the global provider of real-time infrastructure software, today announced that it experienced another solid year of growth in 2007, as it increased its sales year-over-year by more than 50 percent, while making significant additions to its product portfolio, executive leadership team and customer roster.

“For a company to remain successful in the rapidly evolving virtualization and real-time infrastructure markets, it has to be continuously listening to its customers, watching industry developments and refining its own technology,” said Dan Kusnetzky, president and principal analyst, Kusnetzky Group LLC.  “Since its inception, DataSynapse has taken all the right steps in building and aligning its technology with the needs of the market.”

According to IDC, the virtualization market will grow to $11.7 billion by 2011 as businesses turn to the technology to address data center issues.  In preparation for continued market growth in 2008 and beyond, DataSynapse strengthened its executive management in 2007 and deepened its alliance roster.  Expanding its global presence, DataSynapse teamed with more companies throughout Asia and Europe to complement its 13-country customer base. 

DataSynapse also announced significant enhancements to one of its flagship solutions and introduced the first commercial product that provides visibility and analytics for virtualization infrastructures. 

“With a large global base of partners and clients and an expanded product portfolio, DataSynapse is well positioned to continue enabling enterprises to capitalize on the promise of application virtualization and better align IT with business growth,” said Peter Lee, CEO and co-founder, DataSynapse.  “We look forward to delivering on the promise of real-time infrastructure so that companies in a wide range of markets can run their IT infrastructures in real time like their businesses.” 

Notable corporate highlights in 2007 included:

Product Innovation
The company announced its GridServer® 5.0 software, the first product to offer mega-grid capabilities for grids of up to 20,000 nodes.  The software answers the call for improved global administration, including seamless integration with enterprise authorization frameworks and role-based security policies that allow organizations to protect application integrity in a distributed environment.  DataSynapse also launched its VersaVision™ software, a business-level reporting and analytics platform that measures service level for user experience, cost, utilization and performance.

Strengthened Executive Team
In support of its global expansion, DataSynapse strengthened its executive leadership team by appointing Alun Baker as senior vice president and managing director for EMEA.  Also, co-founder and CTO Jamie Bernardin has taken on more executive leadership responsibilities and been appointed president of DataSynapse.

Recognized Customer Success
DataSynapse announced successful implementations with new customers, most notably UniCredit, one of Europe’s largest banking and financial services companies, and LexisNexis® Applied Discovery Inc., a leading provider of Applied Discovery® electronic discovery services to the nation’s top law firms and corporations.  This year also ushered in DataSynapse’s inaugural user conference, ALIGN 2007, which brought company executives together with customers, partners and industry experts to discuss real-time infrastructure strategies.

Partner Momentum
With explosive growth in the virtualization space, DataSynapse joined forces with additional systems vendors, ISVs and systems integrators.  Some of DataSynapse’s 2007 strategic alliances included Capgemini, Evident Software, ISID, KCI, Longview Solutions, OpTier™ and Pricing Partners. 

Industry Leadership and Recognition
DataSynapse continued to be recognized for its industry leadership, innovative technology and business achievement.  In 2007 alone, DataSynapse and its customers won industry awards with Always On, Banking Technology, Computerworld, Financial-i, Inc., Information Age, InfoWorld and Network World.  DataSynapse was also honored by Gartner in its “Hype Cycle for IT Operations Management” report, which named DataSynapse as a vendor that delivers on the promise for real-time infrastructures.

Alison Minaglia

TechnologyPR for DataSynapse

aminaglia@technologypr.com

(917)902-3404

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