BuildNet Completes Design and Testing of Its e-hub.Business/Technology Editors RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C.--(BUSINESS WIRE)--May 3, 2000 Data Center Uses 21 Fully Expandable Servers, 56 Gigabytes of Memory and Two Terabytes of Storage Capacity to Provide Electronic Commerce for the Building Industry BuildNet, Inc., a leading provider of management software to homebuilders and suppliers in the residential construction industry, today announced that it has completed the design, integration and testing of its "e-hub" data center. This e-hub data center, which should provide "highly-available" user access, will strengthen the BuildNet E-Building Exchange, helping to assure highly secure means to conduct business-to-business e-commerce, as well as host BuildNet's data warehouse and corporate applications. The e-hub data center, which was created with technological support from Cary, North Carolina-based Strategic Technologies, currently has 21 fully expandable servers, over 56 gigabytes of memory, and two terabytes of storage capacity. The e-hub data center uses servers from Sun and Dell, network equipment from Cisco and storage capability from EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. . It will be physically housed in Plano, Tex., where EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. already hosts BuildNet's E-Building Exchange. Once installed, it will be the single platform through which flows all the data generated by BuildNet's E-Building Exchange. Strategic Technologies was selected to both design and implement the e-hub infrastructure, and manage the many vendors who contributed to its construction. The e-hub data center was pre-staged and tested at Strategic Technologies' Cary, North Carolina Cary is the second largest municipality in Wake County, North Carolina and the third largest municipality in The Triangle (North Carolina) behind Raleigh and Durham. It is the seventh largest municipality in North Carolina. lab facility. Both BuildNet and Strategic Technologies went to great lengths to secure the e-hub system, installing state-of-the-art encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. technology, multiple firewalls and secure virtual private network (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ) capabilities. With these advanced security features, the e-hub data center should ensure data confidentiality, data integrity, data origin authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. and anti-replay features. Also, the e-hub data center has fault-tolerance (the ability to recover without losing data if the system fails), with single points of failure eliminated and virtually continuous up time guaranteed. "The e-hub we've designed and assembled with Strategic Technologies' help is highly secure against unauthorized users and highly redundant to protect our customers' data," said Peter Abene, BuildNet's chief technology officer. "As BuildNet's E-Building Exchange grows in market share, the system is designed to grow with it, as we have designed in expandable servers, functionality and data storage capability." "We've found that projects of this magnitude succeed not because of technology, but because of project-management and execution," said Will Shook, Strategic Technologies' executive vice president. "So, we have invested heavily in our project-management resources to ensure that this project was done right and delivered in a timely way. BuildNet's success is our success, and we couldn't be happier with today's outcome." About Strategic Technologies Strategic Technologies, an IT professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. and e-business solutions provider is headquartered in Cary, N.C., and has regional offices in Charlotte, N.C., Greenville, S.C., Atlanta, Ga., Richmond, Va., Knoxville, Tenn., Nashville, Tenn., and Birmingham, Ala ALA aminolevulinic acid. Ala alanine. ala (a´lah) pl. a´lae [L.] a winglike process. . Over the years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time company has consistently placed in the Inc. 500, Triangle Fast 50, Technology Fast 50 and VAR Business magazine's list of the nation's top 500 value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. . About BuildNet, Inc. BuildNet, Inc., located in Research Triangle Park, N.C., is a leading provider of management software to homebuilders and suppliers in the residential construction industry. BuildNet's objective is to be the business-to-business e-commerce solution for the residential construction industry. To reach that objective, BuildNet has designed the BuildNet E-Building Exchange to provide secure Internet-based procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , e-commerce, and information services See Information Systems. for homebuilders, suppliers, and manufacturers. The BuildNet E-Building Exchange will allow users to confirm pricing and product specifications, place purchase orders, and add both product and order information automatically to builders' and suppliers' management systems. In addition, manufacturers will be able to place product information and catalogs on the BuildNet E-Building Exchange for access by homebuilders and suppliers. BuildNet is testing the BuildNet E-Building Exchange and expects to initiate a limited market rollout in two cities during the second quarter of 2000 and plans to commence a commercial rollout in an additional four to six cities in the second half of 2000. BuildNet's aggregated software customer base includes homebuilders that accounted for approximately 43% of 1999 U.S. single-family home closings. Learn more about BuildNet by visiting www.buildnet.com This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . The actual results might differ materially from those projected in the forward-looking statements for various reasons, including the Company's limited Internet operating history, the development and rollout of the BuildNet E-Building Exchange, and the acceptance of the BuildNet E-Building Exchange by any of the Company's existing software customers or any new customers. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the Company's SEC filings, including its Registration Statement on Form S-1. Products and company named herein may be trademarks of their respective owners.(c)2000 |
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