GigaSpaces Releases eXtreme Application Platform (XAP) 8.0 - Ensures Technology Openness and Provides Continuous Scaling

Elastic Application Platform Delivers a Robust Environment for Cloud and Data Centre Development

NEW YORK, January 31, 2011 - GigaSpaces Technologies (www.gigaspaces.com/), the leading
provider of a new generation of virtualised application platforms, announces
the launch of eXtreme Application Platform (XAP) 8.0 (
www.gigaspaces.com/). Openness and continuous scaling are the
foundations of GigaSpaces XAP 8.0, the industry's only virtual application
platform that enables end-to-end scalability with a single product. XAP 8.0
leverages the best of existing technologies and provides access to the
technologies of tomorrow, all while ensuring applications can be updated and
scale to need with zero downtime.

"Enterprises face the challenge of having to combine legacy systems with
newer technologies to meet their ever-increasing user demands and
simultaneous data growth," says Nati Shalom, GigaSpaces CTO. "8.0 enables
organisations to easily transition their existing infrastructure into the
more modern systems needed by today's applications, such as distributed
architectures, virtualised environments, and the cloud."

8.0's "Same Data, Any API" capability promotes openness and
interoperability, supporting all common interfaces for accessing data, such
as Memcached, JPA, JMS, Document, and the highly efficient native
object-oriented API. 8.0 ensures you can choose the best API for the use case
at hand and operate on the same data regardless of the APIs you have chosen.
This, in turn, significantly decreases the learning curve associated with
adopting the XAP technology, as organisations can use their existing
knowledge base to embrace the technologies of tomorrow.

Another major step forward with 8.0 is its support for
continuous scaling. Mission-critical enterprise applications - such as in the
financial services sector - and Web-focused applications, like e-commerce,
online gaming, and social media require continuous changes to the application
without bringing the system down. Continuous scaling allows for rolling
upgrades, continuous deployment, quick introduction of complex features, and
real-time changes to the applications data model, business logic, or even
underlying platform with zero downtime. This guarantees that businesses can
immediately react to market demands without worrying about costly downtime.

Operations and administration are also simplified with 8.0; XAP's elastic
middleware capabilities encompass the entire application stack, significantly
simplifying the administration of applications across large clusters and
providing proactive scaling and recovery from failure based on predefined SLA
rules. The new simplified Alerting API enables real-time problem isolation
and prevention by identifying problematic or erroneous situations and
reporting them to the user. The new multi-site deployment support makes
deploying and managing geographically distributed applications easier than
ever.

"Both traditional and web-focused enterprises are demanding
solutions that enable them to leverage their existing assets, work with
familiar technology, and speed time-to-value without increasing migration
costs," says Massimo Pezzini, Vice President and Gartner Fellow at Gartner.
"These solutions also must work across operational environments - the data
center, the cloud, and hybrid combinations of the two."

GigaSpaces' long-term vision has been to create a platform that optimizes
data-center and cloud readiness, making the development, deployment and
operations processes of the most demanding applications more efficient. With
XAP 8.0, distributed, scalable and highly performing applications can be
designed, modified, and implemented quickly while leveraging existing
knowledge and technology resources.

"Many Fortune 100 organisations and our other customers in financial
services, e-commerce, and e-gaming are already enjoying XAP's advantages in
simplifying the inherent complexity of managing their IT," says GigaSpaces
CEO Zeev Bikowsky. "XAP simultaneously increases efficiency and reduces
costs."

We invite you to evaluate XAP 8.0
(www.gigaspaces.com/content/demo).

About GigaSpaces

GigaSpaces Technologies is a leading provider of a new generation of
virtualised application platforms. Our flagship product, eXtreme Application
Platform (XAP), delivers end-to-end scalability across the entire stack, from
the data all the way to the application. XAP is the only product that
provides a complete in-memory solution on a single platform, enabling
high-speed processing of extreme transactional loads, while scaling to meet
any requirement - dynamically and linearly. XAP was designed from the ground
up to support any cloud environment - private, public, or hybrid - and offers
a pain-free, evolutionary path from today's data center to the technologies
of tomorrow.

More than 350 organisations worldwide are leveraging XAP to enhance IT
efficiency and performance. Among our customers are Fortune Global 500
companies, including top financial services enterprises, telecom carriers,
online gaming providers, and e-commerce companies, such as Dow Jones, NYSE,
Société Générale, Virgin Mobile, and Sears.

For more information, please visit www.gigaspaces.com, our blog at
blog.gigaspaces.com

    or contact:
    K2 Strategic Innovations
    Amy Kenigsberg
    amy@k2-si.com
    +972-9-794-1681 (GMT +2)
    U.S. +1-913-440-4072 (ET +7)

Contact: K2 Strategic Innovations, Amy Kenigsberg, amy at k2-si.com, +972-9-794-1681 (GMT +2), U.S. +1-913-440-4072 (ET +7)