Message 14301053
itemus invests US$1.4-million in SpiderCache
Revolutionary technology helps end "World Wide Wait"
TORONTO, Aug. 30 /CNW/ - itemus inc. (TSE: ITM, OTCBB: ITMUF) is
pleased
to announce today it has invested US$1.4-million in SpiderCache Inc. The
Vancouver-based company develops revolutionary technology that speeds
up the
delivery of Internet content.
"SpiderCache is all about speed," said itemus Executive Vice President
Dave Schulz. "Not just in the form of faster-loading Web pages, but
quicker
transactions for online e-Businesses. That's ultimately what will keep
Internet users happy and coming back for more."
Mr. Schulz added: "As an Internet Operating Company, itemus is focused
on addressing the fundamental limitations of today's Internet. We believe
our investment in SpiderCache complements many of our other interests
in the
key area of next generation networking and rich media. That includes
breaking
through the broadband bottleneck."
SpiderCache's flagship product, SpiderCache v1.0, caches dynamically
created content unlike any other product currently on the market. This
patent
pending technology reduces server overhead, protects against traffic
surges
and ensures customers always see the freshest content available.
SpiderCache's
unique caching abilities make its speed truly exceptional.
"SpiderCache moves information to users more efficiently using the same
server hardware and the same Web site page code," said SpiderCache
President
and CEO Greg Parker. "That means SpiderCache not only delivers content
to you
faster than ever before, it allows servers to serve more people -- helping to
end the World Wide Wait."
Mr. Parker added: "In fact, installation of SpiderCache at Investment.com
improved delivery performance more than 35 times over existing Active
Server
Page (ASP) technology, while at the same time quadrupling the ability to
handle user requests."
Investment.com, a Web site designed for the mainstream investor, is a
financial media network with products and services online, available in
print
and via streaming audio and video. The company is one of several North
American firms currently Beta testing SpiderCache.
About SpiderCache
SpiderCache Inc. is poised to be a major player in the Internet
performance market. Its management team is comprised of high tech
professionals with a long history of success in international markets. For
more information, please visit the company's Web site at
www.spidercache.com. |
