2010 Announcements

F5 Networks Executive Dan Matte
Joins Solace Board of Directors

December 9
“F5 Networks is one of the best managed companies in the technology industry, as evidenced by their consistent innovation and tremendous growth,” said Craig Betts, CEO of Solace Systems. “We are fortunate to be able to benefit from the unique knowledge and experience Dan has acquired while building F5’s business throughout its ascent from startup to dominant market leader.”

Nastel AutoPilot® Extends Monitoring Support to
Include Solace Systems Middleware Appliances

November 15
“Managing global messaging networks like Solace’s requires real-time monitoring, alerting administrators on the situations that really matter,” said Albert Mavashev, CTO of Nastel. “Solace’s highly regarded messaging solutions, combined with the automated discovery, proactive analysis, alerting and resolution of AutoPilot, provides the best solution available to our joint customers needing to improve performance, lower costs and stay compliant.”

Solace Secures Growth Equity Funding
from Tandem Expansion

November 2
As part of the transaction, André Gauthier, managing partner of Tandem, will join Solace’s board of directors. “Solace has assembled a talented team and established a loyal base of blue-chip customers,” said Gauthier. “Solace solutions are central to the needs of enterprises in many industries as they aim to cope with, and profit from, the rising tide of real-time information that drives their business.”

Thomson Reuters CTO Joins Solace’s Board of Directors

October 28
“As the CTO of a world-class firm whose core business is data delivery and with many years of executive experience in the financial services industry, Mr. Powell is uniquely qualified to offer our business guidance,” said Craig Betts, CEO of Solace Systems. “We’re delighted that he has chosen to join our board and will benefit greatly from the experience and knowledge he brings to the table.”

DHS Domestic Nuclear Detection Office Completes Initial Prototype of Solace Middleware Platform

October 5
“Our geospatially-aware, mission-critical messaging gives us an important element necessary to ultimately achieve an agency-wide information sharing architecture,” said Bob Dilonardo, CIO, Domestic Nuclear Detection Office. “The completion of this prototype is a significant step forward, enhancing our ability to use automated information sharing in order to ‘connect the dots’ — the cornerstone of an effective defense against terrorism.”

Retired U.S. Army General Wesley Clark
Joins Solace’s Board of Directors

September 28
“Solace is delivering on making the ever-increasing volume and velocity of real-time information a strategic asset for financial firms, government agencies, and a wide range of other organizations,” said Clark. “I look forward to working with the management team to help change the way information is used to improve both business and our global society.”

CNSX Markets Inc. Selects Solace
for Market Data Distribution

September 27
“The speed and reliability of market data is critical to our clients’ success,” said Richard Carleton, VP Corporate Development of CNSX Markets. “By using Solace’s hardware-based middleware solution to distribute market data to clients we’ll improve the robustness, manageability and scalability of our system so we can better meet the latency and service assurance needs of our customers today and over time.”

Solace Ranked the 14th Fastest Growing Tech Company in Canada in the Deloitte Technology Fast 50

September 23
“We are delighted to be included in the Deloitte Technology Fast 50 based on our 5-year revenue growth rate of 2,296%,” said Craig Betts, CEO of Solace Systems. “Our rise from technology startup to profitable market share leader in messaging middleware appliances has been driven by a relentless focus on helping our customers deliver real value in the way they manage and share information.”

Standard Chartered Bank Selects Solace
for Global Foreign Exchange Trading Platform

September 20
“As an organization in the midst of managing rapid growth across a large geography, Standard Chartered knows that investing in a long term strategy for messaging infrastructure is crucial,” said Anthony Hodge, Standard Chartered’s head of infrastructure solutions. “After an extensive review of available technologies, we realized that Solace met or exceeded our needs today and into the future.”

Solace Achieves Sub-400 Nanosecond Messaging Performance on Cisco Unified Computing System

September 20
Solace Systems today announced the completion of a series of performance tests using the Solace Unified Messaging Platform API on a single Cisco Unified Computing System C200-M2 server. When testing for low latency at high throughput between two cores within a single processor, the results show that Solace’s API delivered as many as 2.97 million messages per second with an average latency of 388 nanoseconds and a 99th percentile latency of 480 nanoseconds.

Security and Telecommunications Market Leaders
Form Secure City Technology Alliance

September 15
“This is an opportunity to transform how our public and civilian organizations deal with threats and emergency incidents,” said Terence Matthews, a technology industry enthusiast who has founded or been actively involved in more than 80 technology companies and will serve as SCTA Chairman. “The challenge is to improve interoperability between communications and security systems to enable immediate, coordinated responses to emergency incidents. We are uniting world-class technology companies and thought leaders to ensure we fully realize the capabilities of safety and security organizations globally.”

Solace and Serisys Sign Distribution Agreement for China

August 24
Serisys provides IT and systems integration services to the capital and banking markets in Asia. This agreement allows Serisys, which is based in Hong Kong and has offices in Shanghai, Tokyo and Singapore, to sell and service Solace equipment to financial services providers throughout China including Hong Kong.

Solace and Layer 7 Partner to Deliver Policy-Based, Ultra-Scalable Messaging for SOA and Cloud Environments

August 3
“Layer 7 is widely recognized as a leader in SOA/cloud security and connectivity solutions, and is a natural complement to Solace’s high-speed, message-oriented middleware solution,” said Shawn McAllister, CTO at Solace. “With the ability to be deployed as turnkey appliances, our combined solutions make the management of XML-based web services, security and content networking much easier and faster to roll out than software running on servers.”

StreamBase and Solace Systems Partner
for Low Latency Trading Solutions

June 22
Solace’s hardware-based messaging filters and routes full market data feeds into narrowcast streams which can be directly fed to Streambase CEP engines for market data analysis and trade decision making. Solace and Streambase together provide a sophisticated platform for very low and consistent latency while enabling faster, more insightful trading and improved risk management across multiple asset classes – especially equities, options and FX.

Solace Technology Release 5.0 Includes
More Messaging Firsts

June 15
Solace Systems, the leading provider of hardware-based middleware, today announced the release of V5.0 of SolOS, the specialized firmware used to control and manage Solace message and content routers. This release includes many new features and optimizations that provide additional benefits to its hardware-based platform as compared to software alternatives. The release features several messaging firsts, virtually all of which were suggested by customers in various stages of deployment on Solace’s platform.

ITRS Group and Solace Collaborate on Real-time Monitoring of Low Latency Messaging Infrastructure

June 15
“The move to high performance appliances for consolidated messaging backbones has underscored the need for real-time monitoring and intelligent analysis,” said Colin Thomas, director, alliances programme at ITRS. “Our mutual clients will quickly benefit from the competitive efficiencies and enhanced reliability provided by the proactive system management and monitoring.”

Solace Partners with NovaSparks for
Hardware-based Market Data Acceleration

June 9
The integration of Solace’s Unified Messaging Platform and NovaSparks’ all-hardware FPGA-based Ticker Plant solutions will enable customers to achieve ultra low latency market data distribution with absolute and deterministic performance.

Two Sigma Investments Selects Solace
for Messaging Infrastructure

June 8
“Technological advantage is one of the keys to Two Sigma’s success, and we realized that to remain highly competitive we needed to thoroughly evaluate all available messaging technologies,” said Christos Zoulas, Two Sigma’s chief technology officer. “We found Solace exceeded our requirements during extensive testing and we believe that the quality of their product is outstanding.”