DataSynapse and Calypso Expand Partnership to Offer Pre-Integrated Grid Computing Solutions to Leading Financial Institutions

Global Banks Benefit from Joint Offering and Accelerated Deployment of Grid Infrastructure

NEW YORK and SAN FRANCISCO · July 21, 2005 · DataSynapse, Inc., the fastest-growing provider of grid-computing solutions for the virtual enterprise, and Calypso Technology, Inc., a leading provider of cross-asset trading solutions for the capital markets industry, today announced that DataSynapse's GridServer® infrastructure software is now available pre-integrated with the Calypso trading platform.

Traders and risk managers using Calypso can access an enterprise level grid computing solution. Calypso users will benefit from being able to run Calypso's market-leading solution within a highly scalable environment that optimizes available system and data resources across the enterprise. With GridServer, financial institutions can guarantee workload execution and respond to changing business requirements in real time, satisfying the volatile and unpredictable demand for computer processing power.

"The lifeblood of our clients' business is being able to make informed decisions based on accurate and timely risk calculations and financial projections," said Kishore Bopardikar, founder and president of Calypso Technology, Inc. "Calypso brings to market a superior product offering and flexible IT infrastructure which is able to support high-volume and complex calculations and to improve time-to-results to build a competitive edge. Our partnership with DataSynapse will enable us to further build upon this capability."

The joint solution was co-developed by Calypso and DataSynapse and joint clients have already begun to benefit from using Calypso together with GridServer. One global bank acknowledges that with the jointly deployed solution, the bank can now easily support an increase in global trading volume without having to incur additional development or support costs.

"The Calypso partnership extends DataSynapse's leadership position in financial services and provides the market with a robust and seamless solution equipped to handle the speed and capacity requirements demanded by the business," said Mark Mszanski, executive vice president of global field operations at DataSynapse. "The joint offering ensures that users receive a fully optimized solution as new requirements surface for guaranteed application resiliency, resource utilization and high-performance computing."

About Calypso Technology, Inc.
Calypso Technology, Inc. is a leading provider of cross-asset trading and processing systems based on the industry's most modern platform. Since inception in 1997, Calypso's focus has been on providing banks and brokers with a solid infrastructure for automating their trading desks. Based on robust, flexible, modern software technology that can be deployed rapidly and is capable of supporting a range of asset classes, Calypso has the extensibility to meet the growing demands of a bank's business while also allowing the user to customize the Calypso software according to their needs. Calypso Technology, Inc. is an expanding organization with offices in eight locations worldwide.

For further information, please visit http://www.calypso.com/. Calypso is a registered trademark of Calypso Technology, Inc.

Alison Minaglia

TechnologyPR for DataSynapse

aminaglia@technologypr.com

(917)902-3404

Please register for access to more information and premium DataSynapse content.

Register Now!