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Former BEA Senior Executive Named GigaSpaces’ General Manager of the Americas

John Giubileo, an Industry Veteran, Joins to Further Grow Company’s Position in the Emerging Market for a New Generation of Application Platforms

NEW YORK, NY, September 3, 2008 – GigaSpaces Technologies today announced that John Giubileo has been named as the Company’s general manager of the Americas. Giubileo will oversee all sales and go-to-market activities in the Americas, including business development, partnerships, channels and OEM actions.

Giubileo brings a wealth of knowledge and industry insight to GigaSpaces, having previously served as senior vice president and general manager of channels and strategic alliances at BEA prior to its acquisition by Oracle. In this role, Giubileo had responsibility for BEA’s global strategic alliances (ISVs and SI), indirect sales and channel strategy, reporting directly the BEA executive leadership. His tenure at BEA began as senior vice president of engineering; responsible for global product development and delivery for the WebLogic platform offering. Prior to BEA, Giubileo oversaw and directly managed the eTrust product line at Computer Associates. Giubileo received a B.S. in Computer Science from the California University of Pennsylvania.

“Having learned closely about the Company and the market opportunity it addresses while at BEA, I am very eager to join the GigaSpaces team and contribute from my experience and knowledge,” said Giubileo. “I believe the Company is poised to play a very significant role in the emerging market for a new-generation of application platforms that can give businesses and developers the ability to leverage the new computing paradigms of cloud computing and extreme transaction processing.”

“John’s vast understanding of the former BEA partner, channel and product-to-market landscape will undoubtedly strengthen GigaSpaces’ overall position in the industry,” said Yaron Benvenisti, CEO, GigaSpaces. “With the disappearance of BEA as an independent platform player, and the emergence of new computing paradigms, we believe the market is ripe for a new generation of vendors and technologies. I look forward to leveraging John’s experience and background and working with him to capture a leadership position in this space.”

About GigaSpaces

GigaSpaces Technologies is a leading provider of a new generation of application platforms for Java and .Net environments that provide an alternative to traditional application-servers. The company’s technology allows businesses and developers to predictably scale on-line systems under any peak demand, guarantee real-time performance under any data processing load and seamlessly leverage the economies of scale offered by virtual computing environments such as clouds and grids. The company leverages open-source and standard development frameworks to easily migrate existing systems from traditional middleware and application-server technologies with their inherent limitations, to the new virtual computing architectures.

GigaSpaces’ customers include leading organizations in financial services, telecommunications, Web-commerce, On-line Gaming and the Internet media, where the need for mission-critical high-performance, reliability and scalability necessitates an alternative to traditional approaches. GigaSpaces was founded in 2000 and has offices in the US, Europe and Asia.

For more information, please visit http://www.gigaspaces.com/, or visit the company’s blog at http://www.gigaspacesblog.com/

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For additional information, contact:

Rachel Miller
SHIFT Communications
Tel: (+1) 617-779-1856
Email: gigaspaces@shiftcomm.com