Released on: May 21, 2008, 3:37 am

Press Release Author: PRHUB

Industry: Software

Press Release Summary: Itanium® Solutions Alliance, a global community formed in
collaboration with the world's leading IT companies unveiled its roadmap for 2008 at
a special media round table today for the Indian media. The alliance also shared
winners of its second annual innovation awards and its intention to expand
partnerships and solutions presence in India. This year's category winners are S7
Software for Entrepreneurial Innovation, Protégé Software for Enterprise Business
Application achievement; and Gencom Inc. for Humanitarian Impact.

Press Release Body: Bangalore, May 21, 2008: Itanium® Solutions Alliance, a global
community formed in collaboration with the world's leading IT companies unveiled its
roadmap for 2008 at a special media round table today for the Indian media. The
alliance also shared winners of its second annual innovation awards and its
intention to expand partnerships and solutions presence in India. This year's
category winners are S7 Software for Entrepreneurial Innovation, Protégé Software
for Enterprise Business Application achievement; and Gencom Inc. for Humanitarian
Impact.
"The stories of this year's winners amply demonstrates the impact of Intel® Itanium®
technology in solving mission-critical computing challenges in a wide range of
application environments. The breadth of entries was impressive and selecting a
winner in each category was quite challenging. The winners' and finalists' solutions
clearly showcase the value of an Itanium®-based solution over costlier mainframes in
real-life applications," said Joan Jacobs, executive director, Itanium® Solutions
Alliance.
S7 Software Solutions a software services and product-based company specializing in
software migration and re-engineering domain, was recognized for porting more than 2
million lines of software code of a Fortune 100 company's financial transaction
processing system. Faster response time, higher availability and flexible
scalability made the Itanium®-based platform the perfect fit for their migration
challenge. "By migrating our customer's application engine onto the Intel® Itanium®
architecture, we helped our customer derive the benefits of Itanium's scalability
and performance features including faster transaction time, secure around-the-clock
processing and extensive software environment," said Phaniraj Raghavendra, software
architect, S7 Software Solutions.
Enterprise Business Application category winner Protégésoft developed Financial
Portfolio Builder (FPB), a comprehensive financial investment system that runs on
four-way HP Integrity servers based on Intel® Itanium® processors, and supports the
entire spectrum of portfolio management on a single unified platform. FPB helps
rebalance thousands of client accounts in a matter of minutes, optimizing risk and
return exposure and providing greater customer service at lower cost and better
performance. Investment banks have already achieved annualized portfolio returns of
more than 22 percent with an efficiency of almost 30,000 times faster than the
conventional method.


Gencom's Genesys, hosts the world's fastest in-silico drug discovery systems,
produces the cleanest copy of the Human Genome in existence and provides the most
comprehensive collection of biological and chemical data available needed for drug
discovery research. A leader in drug discovery optimization, Genecom is advancing
the current state of high performance computing for institutions engaged in
functional genomics and other computationally intensive drug discovery activities.
The alliance has forged a partnership with Microsoft and reached an agreement with
Sophos (www.sophos.com), a world leader in IT security and control, for a Q4 2008
release of Sophos Anti-Virus for Linux on Itanium-based systems for Red Hat EL 4.x
and Red Hat EL 5.x besides showcasing technology preview of Sun Microsystems Java
6.0 on Itanium-based servers.
ISA recognizes innovation in Itanium® architecture with the annual Itanium®
Solutions Alliance Innovation Award. The global award program recognizes innovation
and achievement using Intel® Itanium® processor technology to solve complex
entrepreneurial, business and humanitarian challenges. Each project is judged on the
level of difficulty, originality and the results produced; while the winner receives
a cash price of $50,000 U.S.
About the Itanium® Solutions Alliance
The Itanium® Solutions Alliance was formed by leading enterprise and technical
solutions providers to work together toward a common objective of transitioning the
world of proprietary computing platforms to open, industry standard solutions based
on Intel® Itanium® architecture. Together with leading enterprise software and
hardware providers, the Alliance is dedicated to accelerating the adoption and
ongoing development of Itanium-based solutions. The alliance endeavors to drive more
powerful, cost-effective business solutions on Itanium-based systems with leading
enterprise ISVs for health care, financial services and government services market
segments. It also promotes Itanium-based systems as an alternative to mainframe
technology, besides strengthening virtualizations and security. For information
about Itanium®-based solutions that bolster mission-critical computing, please visit
www.itaniumsolutions.com; More information about the Itanium® Solutions Alliance,
membership, industry resources and developer programs can be found at
www.itaniumsolutionsalliance.org; For more information about the Innovation Award or
the winning organizations, visit
www.itaniumsolutionsalliance.org/programs/innovationaward2008
For editorial queries contact: Emilee/Samyuktha,
PR@emilee@prhub.com,samyuktha@prhub.com

© 2008. Itanium is a registered trademark of Intel Corporation. Intel and Itanium
are trademarks or registered trademarks of Intel Corporation. *All trademarks, trade
names, service marks, and logos referenced herein belong to their respective
companies.


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