DAILY NEWS AND INFORMATION FOR THE GLOBAL GRID COMMUNITY /    ( Table of Contents )

Breaking News - General:

Grid Software Provider DataSynapse Among Top Private Companies

DataSynapse Inc, a provider of Grid computing software for commercial applications, has been honored with the AlwaysOn (AO)100 Top Private Companies award for 2004.

AlwaysOn and KPMG's emerging business practice, KPMG 1Start, identified the 2004 AO100 companies based on their innovation and demonstrated leadership in at least two key areas: market traction measured by revenue or customer growth and new approaches and technologies that are likely to cause significant change to existing markets and well-established players.

"Private company innovation is incredibly strong and continues to flourish. Over 50 of last year's AO100 companies returned to this year's list and 50 new companies have been selected that are well positioned to significantly contribute to the second-generation of the Internet," noted Tony Perkins, AlwaysOn founder.

"We are extremely honored to receive the AlwaysOn Innovative 100 Private Companies Award," said Peter Y. Lee, DataSynapse co-founder and CEO. "This award validates the strategic direction of DataSynapse as the fastest-growing provider in the emerging market for on-demand computing. DataSynapse continues to triple its business, adding some of the world's leading financial institutions to its client roster and gaining traction in new markets."