GigaSpaces Positioned in Visionaries Quadrant by Analyst Firm in Enterprise Application Servers (EAS) Magic Quadrant

The "Completeness of Vision" criteria reflects the vendor's ability to understand the market trends, influence them, and follow them with agility and consistency.

New York, NY - GigaSpaces, Inc. announced today that Gartner, Inc. positioned the company in the visionaries quadrant in its "Magic Quadrant" analysis of the Enterprise Application Servers (EAS) market. GigaSpaces is the inventor of space-based architectures which easily and robustly scale complex business-critical applications. Space-based architecture is a new paradigm that incorporates, in a holistic approach, many of the emerging trends in the IT industry, including grid computing and services-oriented architecture (SOA). GigaSpaces is the first software provider that embeds space-based computing principles into a software platform, enabling organizations to get linear scalability and continuous availability from their existing application environments.

CEO Yaron Benvenisti said, "We are very pleased to have been positioned in the visionaries quadrant in the Gartner Magic Quadrant for EAS. We believe it clearly demonstrates that our distinct space-based model and its holistic approach are being well-acknowledged in the market."

Of the EAS space, Gartner said: "Application server technology is the basis of business applications. This market is evolving to address changes in business application architectures. Service-oriented architecture, open-source software, event-driven architecture and high-end extreme transaction processing are the key drivers."

GigaSpaces was evaluated across all nine Gartner criteria for completeness of vision, as stated in its August, 2006 report, Magic Quadrant for Enterprise Application Servers, 2006 by Yefim Natis, Massimo Pezzini, Kimihiko Iijima and Michael Barnes. These nine factors range from advanced web services support, impactful web innovation, and business process composition to ultra-high-end extreme transaction processing, productivity for developers, internal microkernel-style (pluggable) architecture, and support of deployment on hardware grids.

About GigaSpaces
GigaSpaces provides a single platform for end-to-end scalability of high performance and stateful distributed applications. GigaSpaces' unique approach enables developers to Write their business logic Once and then seamlessly Scale out the application linearly Anywhere, and on-demand. It is targeted at applications characterized by high-volume transaction processing and low-latency requirements and provides an alternative to web services for implementing high performance and scalable service-oriented architectures. GigaSpaces customers include leaders in the financial services, telecommunications sectors, and government institutions, including: Nortel, Societe Generale, Hutchinson 3G, Virgin Mobile, Chicago Mercantile Exchange and Dow Jones where the need for mission-critical high-performance, low-latency, reliability and scalability necessitates an alternative to traditional approaches. GigaSpaces was founded in 2000 and has offices in New York, San Francisco, London, Paris and Israel. It is a privately held company, funded by BRM Capital, Intel Capital and is an affiliated company of the Formula Group (NASDAQ: FORTY).

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About the Magic Quadrant
The Magic Quadrant is copyrighted August, 2006 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


Edotorial Contact:
Alit Bar Sadeh
GigaSpaces Technologies, Inc.
Tel: (+1)  -917-701-5185

AgencyNext, Inc.
Tel: (+1)  -508-647-0044
GigaSpaces is a trademark of GigaSpaces Technologies, Inc. All other trademarks are the property of their respective owners.

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