DataSynapse Wins KPMG and AlwaysOn Innovative Award for 100 Top Private Companies 2004

Grid Computing Software Provider Recognized Among Leading Innovative Private Companies

NEW YORK, NY · July 6, 2004 · DataSynapse, Inc., the fastest-growing provider of grid computing software for commercial applications has been honored with the AlwaysOn (AO)100 Top Private Companies award for 2004. The AO100 companies will be honored during a reception at the upcoming AO2004: The Innovation Summit to be held July 13th at Frances C. Arrillaga Alumni Center on the Stanford University Campus.

AlwaysOn and KPMG's emerging business practice, KPMG 1Start, identified the 2004 AO100 companies based on their innovation and demonstrated leadership in at least two key areas: market traction measured by revenue or customer growth and new approaches and technologies that are likely to cause significant change to existing markets and well-established players.

"Private company innovation is incredibly strong and continues to flourish. Over 50 of last year's AO100 companies returned to this year's list and 50 new companies have been selected that are well positioned to significantly contribute to the second-generation of the Internet," notes Tony Perkins, AlwaysOn founder.

"We are extremely honored to receive the AlwaysOn Innovative 100 Private Companies Award," said Peter Y. Lee, DataSynapse co-founder and CEO. "This award validates the strategic direction of DataSynapse as the fastest-growing provider in the emerging market for on demand computing. DataSynapse continues to triple its business, adding some of the world’s leading financial institutions to its client roster and gaining traction in new markets.”

For more details about the AO100 winners, please visit AlwaysOn (http://www.alwayson-network.com/.)

About AlwaysOn
AlwaysOn (AO) is an “open source media company” dedicated to connecting global leaders and technology industry insiders whose ideas and innovations are shaping the always-on world. Founded in January of 2003, AO is the first and only media brand to combine participatory journalism (blogging), with a powerful social network—the AO Zaibatsu. AO believes that individuals and businesses will increasingly use interactive media applications to “step over the head of the media” and communicate directly to customers, suppliers and employees. AlwaysOn, LLC, is a privately held and virtually headquartered company born out of the heart of Silicon Valley.


About DataSynapse

DataSynapse is a world leader in dynamic application service management software for the always on, always responsive data center. The DataSynapse platform is used by leading organizations to deliver, manage, and optimize scalable enterprise-class application services. DataSynapse provides a standardized, automated approach to configuring, activating and scaling enterprise applications in real-time environments for many of the world’s leading companies. For more information, please visit www.datasynapse.com.

 



Media and Analyst Contact

Alison Minaglia

aminaglia@datasynapse.com

(917)902-3404