SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Persistence Software Inc - (PRSW)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mohan Marette who wrote ()6/6/2000 9:55:00 AM
From: bob zagorin  Read Replies (1) of 95
 
Sprint Enterprise Network Services Selects Persistence Software As Lynchpin Of New Three-Tier Architecture

SAN MATEO, Calif.--(BUSINESS WIRE)--June 6, 2000--

Sprint Completes Infrastructure Architecture With PowerTier for Enterprise JavaBeans Transactional Application Server

Persistence Software (Nasdaq:PRSW) today announced that Sprint Enterprise Network Services (nee "Sprint Paranet") has implemented Persistence PowerTier(TM) for Enterprise JavaBeans(TM) (EJB) transactional application server to complete its three-tier infrastructure architecture for communicating critical and highly sensitive data to its customers. Sprint Enterprise Network Services, the IT consulting and integrated-network management division of Sprint (NYSE:FON), is using PowerTier as the middle-tier interface between its web-based clients and corporate databases -- adding essential flexibility and security to its customer-facing information infrastructure.

"Incorporating PowerTier as our enterprise solution was one of the best decisions we made in 1999," said Paul Cali, Director of IS, Sprint Enterprise Network Services. "We had a tight time frame for deployment, but the flexibility of PowerTier had us up and running in under two months. While PowerTier is already helping us track revenue, maximize the use of resources, and hire for upcoming projects, the infrastructure it has enabled will continue to support the IS development team in providing more efficient means of transmitting critical data to those who need it the most -- our customers."

Sprint was already well advanced in constructing its new infrastructure architecture when it replaced its previously selected application server software with PowerTier, following a thorough evaluation of several competing products. The new infrastructure underpins the internal business processes at Sprint Enterprise Network Services as well as its remote services including managed network, help desk, desktop, server and application, database, and security services -- all based on best in class software and hardware.

PowerTier is the only Java-based application server solution fully capable of implementing the latest Java Development Kit (JDK), version 1.2.2, and all applications written by the Sprint development team are based on an integral part of that JDK. Servlets were quickly written to integrate PowerTier with Sprint's backend servers (including its financial, resource management and legacy systems), and EJB-technology "session beans" were easily created to enable key applications. PowerTier also enabled Sprint to successfully implement Java's new security model, which helps protect the integrity of the confidential customer information that moves over the Sprint Enterprise Network Services IT infrastructure.

"Sprint Enterprise Network Services' integrated solutions -- ranging from the desktop to wide-area networks -- are best-of-breed. Once again, Persistence has been selected as the integral, enabling technology for a leading-edge company," said Chris Keene, CEO, Persistence Software. "PowerTier saved Sprint hours of development time and helped them meet a rigorous deployment deadline, while providing a substantial performance increase over competing systems."

About Sprint Enterprise Network Services

Sprint Enterprise Network Services provides customers with end-to-end IT professional solutions. Sprint Enterprise Network Services is Sprint's IT consulting and integrated-network management organization. Sprint is a global communications company -- at the forefront of integrating long-distance, local and wireless communications services, and one of the largest carriers of Internet traffic. Sprint built and operates the United States' first nationwide all-digital, fiber-optic network and is a leader in advanced data communications services. Sprint has $20 billion in annual revenues and serves more than 20 million business and residential customers.

About Persistence Software

Persistence Software, The Engine For E-Commerce(TM), delivers caching solutions for rich Internet e-business that change the rules of the game. Patented caching application servers from Persistence currently accelerate business processing for some of the world's most demanding web sites, including iPIX, Reuters, Cisco, FedEx and ShopNow.com. Persistence Software (Nasdaq:PRSW) is headquartered in San Mateo, California. For more information, see persistence.com.

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties, which could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, Persistence Software's limited operating history, potential fluctuations in our operating results, uncertainties related to our long sales cycle, our reliance on a relatively small number of customers, our dependence on the Java programming language and the Enterprise JavaBeans standard becoming widely accepted standards, failure to manage our growth or attract and retain the services of key employees, our need to deliver products that meet rapidly changing technology standards, our need to build a strong direct sales team and develop third party sales channels, our dependence on the deployment of enterprise-wide system deployments, and our need to address competition from companies with substantially greater resources. Further information regarding these and other risks is included in our prospectus dated June 24, 1999 and in our other filings with the Securities and Exchange Commission.

Persistence is a registered trademark and PowerTier is a trademark of Persistence Software Inc. in the United States and other countries. Persistence currently holds U.S. Patents Nos. 5,499,371; 5,615,362; 5,706,506. All other product, trademark, company, or service names mentioned herein are the property of their respective owners.

CONTACT:

Persistence Software

Kristine Austin, 650/372-3622

kaustin@persistence.com

or

Direct @ccess PR

Rebecca Mettler, 703/212-7075

mettler@bellatlantic.net
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext