REDB looks good!
Red Brick and GE Capital Consulting Deliver Data Warehouse Business AndTechnology Solutions for Healthcare, Retail, Insurance and Manufacturing
LOS GATOS, Calif., Nov. 10 /PRNewswire/ -- Red Brick(R) Systems, Inc. (Nasdaq: REDB) today announced a strategic partnership with GE Capital Consulting of St. Paul, Minnesota to deliver business and technology solutions designed to support data warehousing needs in healthcare, retail, manufacturing and insurance.
GE Capital Consulting is a leading systems integrator focused on helping organizations prepare for the future by improving business processes and designing effective information technology systems, which are key to continued success. As part of the agreement, GE Capital Consulting will resell Red Brick DecisionScape(SM) products through its data warehousing practice.
GE Capital Consulting is a new channel partner in the Red Brick Solutions Partner Program, designed to support active service and application solutions partners who are dedicated to fostering rapid and superior decision support solutions for small-to-large businesses.
Red Brick DecisionScape includes integrated products, services, methodology and partnerships designed specifically for data warehousing and decision support projects. Red Brick's history of expertise and innovative technology for data warehousing provides a rich and comprehensive base on which to build successful business analytic solutions. Red Brick DecisionScape will power customized data warehousing solutions delivered through GE Capital Consulting.
"We are very pleased to partner with GE Capital Consulting to bring a high-end technical platform designed specifically for data warehousing into GE's comprehensive solutions," said Paul Rodwick, vice president of Marketing at Red Brick. "GE Capital Consulting's expertise in targeted markets such as healthcare, retail, insurance and manufacturing will greatly contribute to the development of successful data warehousing solutions, particularly when Red Brick's technology delivers quick deployment and a high return on investment."
"We recognize the value Red Brick's products offer for cutting-edge solutions that will help our clients strategically improve their business through superior decision-making," said David Rowe, director of GE Capital Consulting's Data Warehouse Practice. "The addition of these products in our practice will enable us to improve the speed, efficiency and overall analysis capabilities in our data warehousing solutions for clients."
The Red Brick -- GE Capital Consulting Partnership Agreement
The Red Brick -- GE Capital Consulting partnership makes Red Brick products available for resale through GE Capital Consulting's business solutions. GE Capital Consulting offers strong expertise in all aspects of the data warehousing lifecycle, utilizes a proven data warehousing methodology, specializes in multi-platform and multi-vendor integration and has significant data warehousing tools expertise.
Red Brick offers software products designed specifically for data warehousing. Red Brick Warehouse is an open relational database management system built from the ground up to support data warehousing. Red Brick Warehouse offers significant capabilities for a data warehousing environment such as:
* A family of leading, unique join and indexing technologies
* A high-performance loader
* Red Brick Data Mine(TM), server-integrated data mining
* Red Brick Vista(TM), server-integrated aggregate navigation and
management
* Intelligent parallelism
* Red Brick Warehouse Administrator(TM), a GUI administration tool
* Real-time data updates with query concurrency
* Superior support for very large, complex data models and high numbers of
users
Red Brick Formation(TM) is a data extraction, transformation and movement tool designed to ease complex data transformations for large amounts of data in an easy-to-use, graphical, data flow paradigm.
Red Brick also offers SQL-BackTrack(TM) for Red Brick Warehouse, a leading backup and recovery solution for very large database administration requirements.
About GE Capital Consulting
GE Capital Consulting is a part of GE Capital IT Solutions-Worldwide and provides a full range of consulting services to help organizations improve their business and information technology processes via customized, technology-based solutions. With operating headquarters in St. Paul, Minnesota, GE Capital Consulting operates nationally through 17 locations.
About Red Brick
Red Brick Systems, Inc. is a premier provider of data warehousing solutions. Through Red Brick DecisionScape, a comprehensive, integrated environment of products, services, methodology and partnerships, Red Brick helps its customers and partners improve the quality, speed and accuracy of their business decision-making. Red Brick's leading expertise and innovative, server-integrated technology deliver scalable decision support solutions for data warehousing, data marts, OLAP and data mining.
Except for the historical information contained herein, the matters discussed in this news release include forward-looking statements that involve risks and uncertainties described from time to time in Red Brick's filings with the Securities and Exchange Commission (SEC). We refer you to the "Risk Factors" in the most recent Annual Report filed with the SEC on Form 10-K for the year ended December 31, 1997 and the most recent Quarterly Report filed with the SEC on Form 10-Q for the quarter ended June 30, 1998. These documents contain and identify important factors that could cause the actual results to differ materially from those contained herein, including, without limitation: Competition; Sales and Marketing Repositioning; Dependence on New Products and Rapid Technological Change; Feasibility of In-Process Technology; Dependence upon Key Personnel; and Dependence on Continued Growth of the Data Warehouse Market.
NOTE: Red Brick and the Red Brick logo are registered trademarks, Red Brick Vista, Red Brick Formation, Red Brick Data Mine and Red Brick Warehouse Administrator are trademarks and Red Brick DecisionScape is a service mark and a trademark of Red Brick Systems, Inc. SQL-BackTrack is a trademark of BMC Corporation. All other trademarks and registered trademarks are the property of their respective holders.
SOURCE Red Brick Systems, Inc.
CO: Red Brick Systems, Inc.; GE Capital Consulting
ST: California, Minnesota
IN: CPR
SU: PDT
11/10/98 07:33 EST prnewswire.com
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