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Nati Shalom, CTO of GigaSpaces to Address Breakthroughs in High-Performance Computing at GridWorld 2006

NEW YORK, NY – GigaSpaces Technologies, the leader in scalability and performance solutions for applications using space-based architecture, announced today that in addition to exhibiting at GridWorld 2006 from September 11th through the 15th at the Washington Convention Center in Washington, D.C., the company’s Chief Technology Officer and founder Nati Shalom will speak to the topic of advanced technologies for scaling mainstream business applications without compromising performance and latency. Shalom’s session is planned for September 14th at 9:30 a.m.

Previewing the essence of his planned presentation, Shalom said in summary, “Attendees of this presentation can expect to get a unique glimpse into a new architecture that offers a Google-like approach to application building for mainstream, business-critical applications.”

GridWorld is the premier business-to-business trade event for both enterprise IT strategists and IT vendors exclusively focused on the commercial benefits of integrating grid computing technologies, products, and solutions into core IT operations. The conference provides attendees the opportunity to meet, learn and network with organizations in the open source, research, international, standards and media arenas.

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 transactions processing and low-latency requirements and provides an alternative to web-service for implementing high performance and scalable Service Oriented Architectures (SOA).

Among GigaSpaces’ customers are financial services, telecommunications, and government institutions such as 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). For more information, please visit