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SpatialNews.com Press Release

iSpheres Releases the Next Generation of its Real-Time Event Server
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OAKLAND, Calif., Feb. 3 - iSpheres Corporation, pioneer of real-time event management platforms, announced today the availability of Version 4 of iSpheres Halo Event Server. iSpheres Halo allows organizations to rapidly deploy applications that monitor critical events from distributed sources and business processes and trigger alerts according to user-defined criteria. iSpheres customers are using iSpheres Halo for payment processing, risk management, trading, counterintelligence, and homeland security, among others.

In a separate release, iSpheres announced today iSpheres BAM (Business Activity Monitoring) Pilot Program to IT developers who want to download iSpheres Halo and configure BAM applications in one week.

According to IT research firm Gartner, "Enterprises will achieve new levels of flexibility and a deeper understanding of their business processes by applying the techniques of complex-event processing (CEP) to their daily work. Enterprises will achieve new levels of flexibility and a deeper understanding of their business processes by applying the techniques of complex-event processing (CEP) to their daily work."(1)

"Existing event management technologies have failed to deliver the flexibility and performance required to manage true real-time environments," said David Dawson, Vice President of Marketing of iSpheres Corporation. "The organizations that are using iSpheres Halo for their BAM initiatives are outpacing the rest of their market by managing highly fluid business operations with greater speed and accuracy."

Enhanced Event Processing Capabilities -- To handle the complexities associated with disparate data environments, Version 4 adds two additional methods for event processing: time-series and text-based. Time-series event processing detects change conditions over a moving time window -- for example, moving price averages or network performance degradation. Text-based event processing detects anomalies in unstructured data sources -- for example email, news stories, and instant messages.

Improved Scalability -- To manage large numbers of users and fast-changing data environments, Version 4 filters, normalizes, detects and responds to over 100,000 events per second on a 2-CPU Intel processor.

Faster Time to Deployment -- To speed application development and modification, Version 4 provides more pre-built event management modules including Java sensors that monitor, acquire and publish data to: Mobile Devices (SMS), Databases (JDBC/SQL), EJBs, Email (SMTP), Instant Messaging (SMPP), Inter-Router (RMF), Messaging Middleware (JMS, TIB/RV, IBM MQ), SNMP, OS (Exec), RMI, Web (SOAP, XML, HTTP), Files (FTP, SSH, SCP).

(1) Gartner, Emerging Trends in Software Infrastructure, December 2003

About iSpheres

Founded in 1998, iSpheres is a pioneer in "sense and respond" technology and launched its first production event server in 2000. Derived from military command and control systems, event servers monitor distributed data environments for asynchronous events and execute application functions in real-time.

The origin of iSpheres is a 10-year research project funded by the U.S. military and conducted at the California Institute of Technology. The "Infospheres Project" yielded the algorithms and framework for iSpheres core technology. iSpheres customers have successfully deployed real-time event management applications in Trading, Risk Management, Counterintelligence, Homeland Security, Supply Chain Management, and Logistics. For more information, call 510-302-6700 or visit http://www.ispheres.com


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