ANTs and Coral8 Team to Boost Performance for Next-Generation Complex Event Processing Application Environments
Companies Seek to Tap Burgeoning Opportunities in Financial and Defense Markets
BURLINGAME and MOUNTAIN VIEW, Calif.,, May 30, 2007 -- ANTs software inc. (OTCBB:ANTS), a leader in compatible, high-performance SQL database management systems, and Coral8, Inc., a leading provider of complex event processing (CEP) software, today announced a joint marketing and alliance agreement for a solution that should boost end-to-end performance of next-generation CEP application environments, and position the companies to tap growing opportunities for their products in the financial services and defense markets. The agreement represents an initial step in developing a closer, more extensive relationship between the two companies, who intend to participate in a number of joint marketing activities with the goal of raising awareness of the performance benefits gained by combining their technologies, especially for trading and network-centric warfare applications.
The combination of the ANTs Data Server and the Coral8 Engine deliver the end-to-end application performance increasingly demanded by financial services companies and defense contractors. Coral8 provides very complex intelligence and analysis of real-time and static data to help organizations react to events as they happen and make more informed decisions more quickly. Every CEP application needs to store data for persistence, and must be able to store this flood of data without bogging down the system. However, conventional databases create a performance bottleneck because they are not able to keep up as financial services, and other customers seeking to make decisions more quickly and remain competitive, increase performance requirements.
“We have evaluated many database products for our needs and believe that ANTs is superior to all other products on the market when it comes to updating and the ability to push data into the system, and when you’re on Wall Street, that’s the name of the game,” said Terry Cunningham, CEO of Coral8, Inc. “For the same reason, our two companies’ technologies should be appropriate for a number of intelligence and defense applications, especially in the area of network-centric warfare and homeland security, and we look forward to forging a closer relationship with ANTs to develop solutions that address these growing market opportunities.”
In financial services, according to Cunningham, mushrooming message rates and data volumes present both an opportunity and a threat. Applying ultra high-speed technology, such as CEP, can allow the firms to find opportunities and make trades faster than their competitors. But with faster execution comes increasing regulatory monitoring, as shown with RegNMS and MiFID. Therefore, companies must process and store this information exceedingly fast, increasing the need for high-performance databases that are tightly integrated with CEP engines.
“Conventional databases cannot handle the high read and insert rates brought about with the processing of millions of messages per second in next-generation complex event processing applications,” said Joseph Kozak president and CEO of ANTs Software. “The Coral8 Engine is clearly the CEP performance leader, and with the addition of the high-performance ANTs Data Server, our companies can deliver a solution that meets the end-to-end performance needs of demanding, next-generation CEP applications.”
According to Kozak, Coral8’s asynchronous batch writing capability is a perfect complement to ANTs’ Flood Insert capability. Working together, they enable the system to capture and insert data with unmatched speed. Flood Insert is a key feature of the ANTs Data Server for extreme data loading, enabling it to execute up to one million inserts/second. Additionally, ANTs and Coral8 are already working together with a number of solution partners, including IBM, in financial, defense, and government markets.
“Performance is an essential part of our value proposition, and having worked with both ANTs and Coral8, we are excited by the potential their combined technologies promise for enabling a new generation of real-time financial services applications,” said Danny Moore, COO of Wombat Financial Software. “Wombat assembles the finest technology components to meet the extreme performance requirements our customers demand for their real-time systems, and both ANTs and Coral8 offer significant performance and other advantages.”
The Coral8 Engine combines a high-performance event processing architecture, a familiar, SQL-based development language and enterprise-class server features to ease the building and deployment of innovative, real-time CEP applications. The advanced, high performance event processing architecture provides the power, speed and throughput needed for any sized CEP application, with very low latency. Coral8 removes development complexity, reduces time-to-deployment, and lowers administration costs to get powerful CEP applications delivered quickly and scaled anywhere in the enterprise.
The ANTs Data Server is a full-featured, standards-compliant relational database management system based on a breakthrough, high-performance SQL query execution engine that incorporates innovative lock-free operations. It can typically be deployed on fewer, low-cost servers with the potential to reduce hardware, software, and system administration costs by 60 to 90 percent. Through its compatibility with Oracle, Sybase, and SQL Server databases, and its embedded deployment mode that supports Oracle-TimesTen applications, the ANTs Data Server allows easy interoperability with these databases.
ANTs software inc.
ANTs software inc. (OTCBB: ANTS), based in Silicon Valley, develops and sells the ANTs Data Server, an affordable, high-performance relational database that is compatible with popular databases. The company's mission is to help customers reduce hardware, software, and development costs by providing exceptional database price/performance. For more information on ANTs Software, visit www.ants.com.
About Coral8
Based in Mountain View, Calif., Coral8, Inc. is a leading provider of software for Complex Event Processing (CEP). Bringing together high-performance, an innovative SQLbased programming language and enterprise-class features, the Coral8 Engine is the fastest, lowest cost way to build and deploy powerful new CEP applications. Developers seeking to build next generation CEP applications can freely download the Coral8 Engine for development purposes. For more information, please visit www.coral8.com or call (650) 210-3810.
Media Contact
ANTs contact:
Patrick Corman
Corman Communications, LLC
(650) 326-9648
patrick@cormancom.com
Cesar Rojas
ANTs software inc.
(650) 931-0535
cesar.rojas@ants.com
Coral8 contact:
Alissa Vasilevskis
Schwartz Communications
(415) 817-2523
avasilevskis@schwartz-pr.com
John Morrell
Coral8, Inc.
(650) 210-3933
johnm@coral8.com
