FOR
IMMEDIATE RELEASE
Universal
Data Interface Corporation Joins Kx Systems in Strategic Alliance
NEW YORK,
January 10, 2001 - Universal Data Interface Corporation, an
XML based middleware company, and Kx Systems, developers of Kdb,
the ultra high performance relational database, announced a strategic
alliance today.
As part
of the strategic alliance UDICo will use Kx Systems' database
manager, Kdb, and its scripting language, K as part of the
UDI product.
UDICo's
flagship product, the Universal Data Interface, is a high-speed
middleware product that converts high volumes of data and
does large-scale transaction management in real time. Its
UDI Design Tool allows the creation of conversion specifications
quickly and easily using a graphical point-and-click interface,
and its Runtime Server can perform conversions and transaction
management according to these specifications on a variety
of platforms.
Kdb is
an RDBMS and an OLAP product that provides high performance
transaction processing and optimization of decision support
for both relational and time-series queries. Kdb is SQL92
compliant, and goes beyond SQL92 in its expressiveness. It
is exceptional for its small size and its ability to manipulate
massive amounts of data extremely quickly.
"Like
the UDI, Kx Systems has developed a product that is world
class," said Adam Greissman, UDICo's founder and CEO. "Partnering
with Kx System improves the performance of the UDI and enables
us to complete middleware projects that our competitors cannot
touch, as shown by our sale to AnnuityScout.com, in which
we used Kx Systems' technology."
"Having
UDICo join us as a business development partner validates
Kdb's performance in Internet applications," said Janet Lustgarten,
President and CEO of Kx. "Embedding Kx Systems technology
into the UDI is a win-win for both companies."
About
Kx Systems
Kx Systems (www.kx.com) is a software company that has been
serving international firms in finance, insurance and telecom
since 1993. Known for innovation and reliability, Kx has defined
a new product category in the database world - the ultra high
performance relational database system. Kx customers include:
Telstra, Zurich Financial Services Group and CIBC-Oppenheimer.
About Universal Data Interface Corporation (UDICo)
UDICo is an emerging leader in the data integration needs of today's
growing businesses. Founded in July 2000, UDICo's goal is "data
without borders" for any enterprise that needs it: data that can
be used quickly, openly, and seamlessly across disparate systems.
This lets IT departments get back to mission critical projects without
requiring the time and trouble to custom code solutions to myriad
middleware problems. UDICo is based in New York City and is privately
held. For more information, visit www.udico.com.
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