Ascential Software Takes Leadership Position in Defining Grid Computing Standards and Architecture
Tuesday May 20, 8:32 am ET
Ascential is the First Enterprise Integration Software Provider to Join the Global Grid Forum; Other Members Include Hewlett-Packard, Microsoft Research, Sun Microsystems, and Veritas
WESTBORO, Mass., May 20 /PRNewswire-FirstCall/ -- Ascential Software Corporation (Nasdaq: ASCL - News), the enterprise integration leader, today announced that it is the first enterprise integration software provider to join the Global Grid Forum ("GGF"), an industry association formed to advance grid computing.
"Grid computing is a significant emerging technology and we are very glad that Ascential Software has joined with other technology visionaries to promote and support the development, deployment, and implementation of grid computing," said Mary Spada, GCF's vice chairman, operations, and program manager, strategic initiatives, for the Mathematics and Computational Sciences division of Argonne National Laboratory, a U.S. Department of Energy laboratory operated by the University of Chicago. "Ascential's enterprise integration expertise is a valuable contribution to GCF's efforts to establish and document specifications and best-practices for computational grids."
"Ascential's participation in the Global Grid Forum positions us to shape, advance, and commercialize this exciting information technology in ways that are imminently valuable to our customers and partners," said Jim Welch, vice president of engineering, Ascential Software. "Establishing standards is a major milestone in broad market acceptance of grid computing and the subsequent advent of new applications that process far larger volumes of information than is now possible."
Grid computing has the potential to lower costs and boost efficiencies of computing networks by expanding resources, allocating processing power wherever it is needed, anywhere in the world, increasing storage capacity, and enhancing data exchange. Ascential will apply its expertise in parallel computing and enterprise integration to help formulate standards that ensure the creation of scalable, high-throughput commercial computing grids.
"The promise of grid computing brings with it greater enterprise integration challenges as data volume, types, sources, and other demands increase. Ascential's data profiling, quality, transformation and large-scale parallel processing solutions help our customers address these challenges. Many are doing so more frequently on grid computers, or are evaluating the grid approach, and our role in the Global Grid Forum gives us the opportunity to share our knowledge with colleagues and customers alike to our mutual benefit," said Welch.
About the Global Grid Forum
The Global Grid Forum ("GGF") is a community-initiated forum of more than 5,000 individual researchers and practitioners working on distributed computing, or "grid" technologies. GGF's primary objective is to promote and support the development, deployment and implementation of Grid technologies and applications via the creation and documentation of "best practices," including technical specifications, user experiences and implementation guidelines. The next GGF meeting, GGF8, will be held in Seattle, Washington, USA, from June 24 -- 27, 2003, and is expected to include more than 1,000 global grid leaders. More information about GGF can be found at www.ggf.org.
About Ascential
Ascential Software Corporation is the leading provider of enterprise integration solutions to the Global 2000. Customers use the Ascential(TM) Enterprise Integration Suite and products to turn vast amounts of disparate, unrefined data into reusable information that drives business success. Ascential's unique comprehensive data integration suite enables customers to easily collect, validate, organize, administer and deliver information to realize more value from their enterprise data, reduce costs and increase profitability. Headquartered in Westboro, Mass., Ascential has offices worldwide and supports more than 2,200 customers in such industries as financial services, telecommunications, healthcare, life sciences, manufacturing, consumer goods and retail. More information on Ascential can be found on the Web at www.ascential.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements based on current expectations or beliefs, as well as a number of assumptions about future events, and these statements are subject to important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The forward-looking statements in this release address a variety of subjects including, for example, the emergence of grid computing; Ascential's contribution to the Global Grid Forum; the formulation of standards; the potential of grid computing to lower costs and boost efficiency; value to Ascential's customers and partners; market acceptance; and the ability of Ascential's customers to easily collect, validate, organize, administer and deliver information to realize more value from their enterprise data, reduce costs and increase profitability. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the ability of Ascential to expand its market share; growth rates for the enterprise data integration software market; general business conditions in the software industry, the technology sector, and in the domestic and international economies; rapid technological change in the markets served by Ascential; dependence on international operations; global and geopolitical instability; and difficulties that Ascential may experience integrating technologies, operations and personnel of completed or future acquisitions. For a detailed discussion of these and other cautionary statements, please refer to the filings made by Ascential with the Securities and Exchange Commission, including, without limitation, the most recent Quarterly Report on Form 10-Q. Ascential disclaims any intent or obligation to update any forward- looking statements made herein to reflect any change in Ascential's expectations with regard thereto or any change in events, conditions, or circumstances on which such statements are based.
Ascential is a trademark of Ascential Software Corporation or its affiliates and may be registered in the United States or other jurisdictions. Other marks are the property of the owners of those marks.
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Source: Ascential Software Corporation |
