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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: J Bertrand who wrote (8968)	1/26/1998 9:31:00 AM
From: Silicon Trader	Read Replies (1) \| Respond to of 14631

IFMX News Release)))))))). Quote.com News. Free for 30 Days. Click here Hana Bank, Korea Chooses Informix Database for Strategic Data Warehouse Information System BusinessWire, Monday, January 26, 1998 at 08:10 MENLO PARK, Calif.--(BUSINESS WIRE)--Jan. 26, 1998--Informix Corp. (NASDAQ:IFMX), the leading provider of innovative database technology today announced that Hana Bank, selected by Euromoney Magazine as the best financial institution for the past 5 years, has chosen Informix(R) Dynamic Server(TM) with Extended Parallel Option(TM) for their Strategic Information System (SIS). The Strategic Information System will provide Hana Bank with a data warehouse solution that will manage the rapidly changing financial and credit information about Hana Bank customers worldwide. SIS will provide the capability to analyze customer data for marketing and sales purposes with the intent to deliver better service and increase bank profits. SIS is scheduled to be in production in the first half of 1998. "We selected Informix because they supplied us with the most suitable database for online transaction processing and OLAP/data warehousing environments," said SangHoon Choi, project manager for the data warehouse team at Hana Bank. "Informix Dynamic Server with the Extended Parallel Option was thoroughly evaluated, particularly in the areas of scalability, processing rate, and ease of manageability. Since we needed to build a large capacity data warehouse on a MPP system, we tested the system extensively to make sure it could meet our capacity needs." In addition, the MetaCube(TM) ROLAP Option was also selected after doing a competitive benchmark against SAS and Oracle Discoverer. Hana Bank plans to scale the data warehouse to over 1 terabyte in size by next month. The system will run OLTP applications on Pyramid Technology's RM 600 systems and OLAP applications on an RM1000 MPP system. "Informix is rapidly becoming the database standard for financial services organizations as they use data warehousing to transition their industry from a product-centric focus to a customer-centric focus," said Tony Rodoni, director of product marketing, Informix. "We are happy to see Hana Bank join Fleet Street Bank, First Union National Bank and others into our family of data warehousing customers." Informix in Data Warehousing Informix provides the only truly scaleable and extensible database powerful enough to support large data warehouse implementations, especially as end users increase in numbers and the database grows from tens or hundreds of gigabytes to multiple terabytes. At the core of the Informix data warehouse solution is Informix Dynamic Server, which supports both OLTP and data warehousing applications and offers built-in parallelism and dynamic administration to guarantee the performance and availability essential for today's demanding data warehousing systems. The Extended Parallel Option optimizes Informix Dynamic Server for loosely coupled or shared-nothing computing architectures, including clusters of symmetric multiprocessors and massively parallel processors. The option features proven near-linear scalability to hundreds of processors for the highest performance, even on terabytes of business data. The MetaCube ROLAP Option provides a multidimensional view of the data warehouse, enabling customers to analyze data using open data warehouse tools. About Informix Informix Corp., the world's database technology leader, provides innovative database technology that enables the world's leading corporations to manage and grow their business. Informix is widely recognized as the technology leader for corporate computing environments ranging from workgroups to very large OLTP and data warehouse applications. Informix's database servers, application development tools, superior customer service, and strong partnerships enable the company to be at the forefront of many leading-edge information technology solution areas. More information about Informix is available via the World Wide Web at informix.com . (c)1998 Informix Corporation. The following are worldwide trademarks of Informix Software, Inc., Informix Corporation, or their subsidiaries, registered in the United States of America as indicated by "(R)" and in numerous countries worldwide: Informix(R), Informix Dynamic Server(TM), Extended Parallel Option(TM), MetaCube(TM) ROLAP Option. Other products, names or marks may be trademarks or service marks of their respective owners. Note to editors: Informix news releases are available at no charge through Business Wire's NewsOnDemand fax service. To immediately receive an index of available releases, call 1-800/356-0851. CONTACT: Informix Corp., Menlo Park Jaye Prosser, 650/926-6316 GO N R A G MBA