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UK GRID SPECIALIST PAREMUS ANNOUNCES ALLIANCE WITH SUN

Paremus Ltd announced an Alliance partnership with Sun Microsystems Inc. Formed in 2001 by senior IT architects from the investment banking industry, Paremus brings a wealth of pragmatic experience and practical knowledge to the development of Grid and middleware solutions for mission-critical real-time enterprise environments.

"Sun and Paremus share a common vision of next generation business applications built upon self-healing, dynamically scalable and functionally evolvable compute fabrics," said Mike Francis, business development manager at Paremus. "Enterprises in the financial services industry are demanding these capabilities now, expecting unprecedented cost, resilience and agility benefits, so this is a very exciting time for both Sun and Paremus."

Paremus utility consulting services reveal the core recovery, agility and cost characteristics of an organization's IT environment in order to determine which business systems may benefit from Grid computing. In this holistic manner Paremus helps clients to make tangible, incremental, and safe steps towards realizing an open, autonomic, utility enterprise infrastructure service.

Sun's Grid Everywhere initiative features a three-pronged approach to Grid deployment based on building block components, extensive partnerships and alliances. Grid Everywhere is led by Sun's High-Performance and Technical Computing (HPTC) business unit, which was formed a year ago to leverage Sun's deep experience in HPTC and its broad portfolio of products and solutions to grow Sun's stake in high performance technical computing.

In addition, Sun is the Platinum Sponsor of Gt'04, an event being held May 24-26 in Philadelphia. Gt'04 -- a premiere enterprise Grid computing conference targeting industrial and commercial users -- will gather experts, and outline strategies and road maps for Grid deployment. For more information, visit www.gt04.com .

"Sun and Paremus offer financial services companies a first-mover advantage in building a peer-to-peer Grid fabric," said Shahin Khan, Sun's vice president of high performance and technical computing. "This approach solves a specially thorny problem: integrating and orchestrating resources and services while providing a high degree of resilience."

"This alliance is much more than a meeting of minds," said Richard Nicholson, CTO of Paremus. "We have been working with Sun's Java/Jini technology for many years in the context of robust, recovery-oriented systems for enterprise environments. The resultant autonomic solutions enable Paremus enterprise clients to truly exploit Sun's N1 Grid and Throughput processor technologies, whilst leveraging existing legacy systems, in a true utility data center environment."

About Sun Microsystems

Since its inception in 1982, a singular vision -- "The Network Is The Computer" -- has propelled Sun Microsystems Inc to its position as a leading provider of industrial-strength hardware, software and services that make the Net work. Sun can be found in more than 100 countries and on the World Wide Web at http://sun.com .

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