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LUXEMBOURG STOCK EXCHANGE EXTENDS VIRTUALIZED DATA CENTER CONSOLIDATION USING QUICKTRANSIT®

LOS GATOS, Calif., – January 22, 2007 – Transitive® Corporation, the leading provider of software that enables transportability of software applications across multiple hardware platforms, announced today that the Luxembourg Stock Exchange has successfully deployed Solaris/SPARC applications on x86-based servers in a virtualized environment using QuickTransit® for Solaris/SPARC-to-Linux/x86-64. This deployment has allowed the Luxembourg Stock Exchange to extend the benefits of its successful data center consolidation project to its legacy Solaris/SPARC applications, while reducing both the time and cost of migration to new server platforms.

Transitive’s QuickTransit application transport solution enables software applications written for one processor/OS pair to run on another platform without the need to ‘port’ or rewrite code. In the situation where applications are transported from older, legacy hardware to the latest, more powerful x86-based servers, QuickTransit customers often find that performance increases dramatically. For example, a funds-management application at the Luxembourg Stock Exchange now runs considerably faster on a modern Sun x86-based platform with QuickTransit installed, compared to its previous performance on the original SPARC-based server.

“QuickTransit has allowed the Luxembourg Stock Exchange to extend the benefits of data center virtualization to its Solaris/SPARC workloads and at the same time boost the performance of those applications significantly,” said Bernard Simon, Head of IT, Luxembourg Stock Exchange. “We are impressed with the ability of QuickTransit to run a broad range of Solaris/SPARC applications on our x86-based infrastructure without the need to re-write or modify those applications. QuickTransit is also a great fit with our VMware virtualization solution, and allows us to consolidate multiple Solaris/SPARC workloads onto a smaller number of x86 servers.”

“In financial services, data center efficiency is critical for business success, and the Luxembourg Stock Exchange is an excellent example of how customers in this sector can enjoy immediate benefits from deploying QuickTransit,” said Ian Robinson, vice president of Marketing for Transitive Corporation. “This deployment also highlights the many advantages of running QuickTransit in a virtualized environment, which include easy mobility of workloads, improved disaster recovery, and flexible system configuration. Those benefits, which were previously only available for x86-based workloads, can now be extended via QuickTransit to Solaris/SPARC workloads from legacy servers, thereby freeing up more data center space and increasing savings on power and maintenance costs.”

QuickTransit technology currently supports the PC, workstation and server markets, and is poised to expand into many other technology platforms in the future. By breaking the software/hardware bonds, organizations can transition to newer, higher performance, low-maintenance, energy-efficient platforms, without spending valuable human or financial resources on re-writing legacy software. In the server market, for example, this means that Transitive’s global customers can quickly and easily remove outdated and inefficient IT hardware from their data centers without disruption to users, while at the same time extending the useful life of key software applications. This transformation also allows organizations to more rapidly standardize on commodity-priced IT infrastructure, which delivers operational cost savings, improved service levels, simplified maintenance, faster responsiveness as well as lower energy costs and reduced environmental impact. 

About Transitive Corporation
Transitive is a pioneer and leader in providing solutions that allow the transportability of software applications across multiple hardware platforms. The company’s QuickTransit solutions allows software applications that have been compiled for one processor/operating system to run on another without any source code or binary changes and at speeds comparable to native ports. The QuickTransit application transport solution allows data center managers to transport legacy enterprise applications quickly and easily from outdated, proprietary hardware to modern, industry-standard platforms without incurring the costs and delays of porting projects, and with no disruption to end users. QuickTransit technology also facilitates computer companies’ migration to new hardware platforms; dramatically reduces software developers’ cost, risk, and time-to-market in supporting multiple hardware platforms; and makes significantly more software available for more hardware platforms. QuickTransit technology provides the engine for Apple’s Rosetta translation software and is currently shipping on all of Apple’s Intel-based computers.

Transitive Corporation is located in Los Gatos, California with a research and development team in Manchester, England. The company is privately held, with funding participation by Pond Venture Partners Ltd., Manchester Technology Fund, Crescendo Ventures and Accel Partners. For more information, please visit Transitive’s website at www.transitive.com.

About the Luxembourg Stock Exchange
The Luxemburg Stock Exchange began operations as a limited company in 1929 and has since gained extensive experience in the listing and trading of securities from many regions. Today the Exchange has two markets, Regulated and Euro MTF, with 28,000 international bond issues representing 60% of the international bond segment. It lists 6,500 investment funds in around twenty currencies, as well as 200 Global Depositary Receipts from issuers based in emerging economies. The Luxemburg Stock Exchange (Bourse du Luxembourg, BdL) is the major European listing centre for corporate bonds.

On April 2, 2006, the Luxembourg Stock Exchange announced a partnership agreement with Euronext.

The agreement has two objectives:

  1. providing for an exchange of technology between the two organizations, and
  2. developing trading in the corporate bond segment.

For more information about the Luxembourg Stock Exchange, visit: www.bourse.lu

Transitive, QuickTransit and the Transitive logo are registered trademarks of Transitive Corporation and/or its affiliates in the United States and other countries. All other company and product names may be trademarks of their respective owners.

“By enabling immediate software migration to chosen strategic server platforms, we believe that Transitive can help eliminate much of the difficulty and expense that companies face when upgrading hardware.”

Guy Chiarello
Chief Information Officer
Morgan Stanley