2008-08-07 23:58:01 -
www.netezza.com - for Netezza Corporation Payal Cudia, 781-684-0770 Netezza@schwartz-pr.com Netezza Corporation (NYSE Arca: NZ), the global leader in data warehouse appliances, today announced it has acquired technology from Intelligent Integration Systems, Inc. (IISi), a member of the Netezza Developer Network (NDN) program. This technology will be delivered through Netezza's global sales and marketing channel and will accelerate the after-market for
third party applications that take advantage of Netezza's "on stream" analytic capability.
IISi was a founding member of the NDN and has a proven track-record in developing unique software solutions that exploit massively parallel processing (MPP) in data warehousing.
"We have been able to develop advanced algorithms that run inside the Netezza appliance, exploiting Netezza's unique parallel architecture for high performance," said Rich Zimmerman, president and CTO, IISi. "The NDN allows IISi to productize these algorithms and deliver them to the large and growing base of Netezza users."
The technology developed by IISi that Netezza is acquiring includes spatial analytic capabilities and an extended SQL toolkit for Netezza, which adds new SQL functionality to the Netezza platform. Netezza will sell this offering through its global sales operations and partners.
"IISi has created technology solutions that not only have immediate appeal to Netezza customers, but also allow us to expand our reach into the spatial market. This acquisition allows us to seed the market for these third-party applications and will be a catalyst for creating a marketplace of offerings from our NDN members," said Jim Baum, president and COO, Netezza. "This agreement also underscores the value of the NDN: Netezza users have a rich choice of applications; NDN partners can establish a revenue stream from their productized expertise; Netezza is able to bring better solutions to market."
About Netezza Corporation
Netezza is the global leader in data warehouse appliances that dramatically simplify high-performance analytics for business users across the extended enterprise, delivering significant competitive and operational advantage in today's information-intensive marketplaces. The Netezza Performance Server(R) (NPS(R)) family of streaming analytic(TM) appliances brings appliance simplicity to a broad range of complex data warehouse and analytic challenges. Customers who have realized the benefits of Netezza appliances include Ahold, Amazon.com, CNET Networks, Debenhams, Department of Veterans Affairs, Epsilon, Nationwide, Neiman Marcus, Orange UK, Premier, Inc., Ross Stores, Ryder System, Inc., The Carphone Warehouse and Virgin Media. Based in Marlborough, Mass., Netezza has offices in Washington, DC, the United Kingdom and Asia Pacific. For more information about Netezza, please visit www.netezza.com.
About IISi
Intelligent Integration Systems, Inc. or "IISi" develops software products and systems solutions that manage, analyze, and clean large volumes of data in faster and more cost-effective ways. IISi software and integration designs unleash the power of a new generation of massively parallel processing (MPP) data warehousing platforms to enable key applications to run 10 to 100 times faster than with traditional solutions. IISi was founded in 2005. IISi principals have more than a decade of experience serving Fortune 500 companies and major non-profits - including Intel, IBM, HP, 3M, Motorola, AMD, Comcast, AT&T, the Howard Hughes Medical Institute, and the Democratic National Committee. Those systems have served the genomic, health, biotech, consumer intelligence, finance, and semiconductor manufacturing sectors. For more information, please visit www.intelligent-isi.com. Netezza, Netezza Performance Server, NPS and streaming analytic are trademarks of Netezza Corporation. Other names may be trademarks of their respective owners.
Software Developer's Applications are Among First to Market that
Exploit
Netezza OnStream(TM) Platform for Advanced Analytic Development
