Commonwealth Financial Network Deploys Web Farm With Fault Tolerant Server For Intel/Microsoft Market.Business Editors/High-Tech Writers BRIDGEPORT, Conn.--(BUSINESS WIRE)--Sept. 18, 2003 Brokerage firm purchases NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. 5800 series server from CRI CRI constant-rate infusion. to minimize downtime Computer Resolutions Inc. (CRI), a full-service supplier of computer hardware products and services, today announced that Commonwealth Financial Network, a leading investment brokerage firm based in Waltham, MA, recently purchased an NEC Express(R) 5800/320Lb fault-tolerant server. This is one of the first fault-tolerant servers offered to the Intel and Microsoft market, giving this segment higher system availability and data integrity capabilities. Commonwealth elected to go with the NEC machine running VMware(R) software for the new deployment of a Web cluster See Web farm. of servers. The cluster consists of four virtual machines that will run simultaneously on the NEC server. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. John Faverman, technical services manager at Commonwealth, "With the fault-tolerant NEC server, there is no interruption in processing and no loss of performance which is key to providing continuous Web site access to our brokerage customers and reps." Fault-tolerant technology means that redundant components, such as multiple processors and hard drives, perform the same functions to back up one another. The result is no disruption in performance and data integrity in the event of a system failure. This high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. for Intel-based servers running Windows translates into less downtime compared to clustering. Faverman added, ""Commonwealth has a long-time relationship with CRI who was instrumental in our purchased of the NEC server." According to CRI president, John Palmieri, "We're pleased to bring continuous availability to Commonwealth through NEC's fault tolerant The ability to continue non-stop when a hardware failure occurs. A fault-tolerant system is designed from the ground up for reliability by building multiples of all critical components, such as CPUs, memories, disks and power supplies into the same computer. products, which now offer this technology to any size enterprise at a low-end cost." About Computer Resolutions(SM) (CRI) (SM) Computer Resolutions Inc. ("CRI") is a privately owned, independent supplier of business-to-business computer hardware products and services. CRI services and answers all the information processing needs of banking clients from the front office workstations, back office servers to the centralized enterprise server. With an emphasis on service and reliability, CRI provides companies with technology solutions coupled with the experience and dedication to successfully deploy and support them. CRI is a Microsoft Certified Professional See Microsoft certification. and an authorized reseller of IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Compaq, Hewlett Packard, Unisys, NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers , Cisco, Craden, AddMaster, Epson and Dell products. CRI's clients include General Electric, Nasdaq, Armed Forces Bank, Meriden Public Schools and The Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. of Manchester. CRI headquarters, located in Bridgeport, CT can be reached at (800) 848-7185 or visit our Web site at www.cri1.com. About Commonwealth Financial Network With principal offices in Waltham, Mass., and San Diego, Commonwealth Financial Network is an investment brokerage firm that provides clearing, business, and investment management resources to a national network of over 800 independent financial consultants. Commonwealth has revenues of $200 million and has recorded a 40 percent annual average growth in revenues since its founding in 1979. In addition to providing a wide range of services and access to a full spectrum of financial and investment products, the company offers a variety of practice development services and distinguished experts to support business growth. Investment Advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and magazine has selected Commonwealth as national Broker/Dealer of the year five of the last six years. (SM) Computer Resolutions and CRI are service marks of Computer Resolutions Inc. The Computer Resolutions logo is a registered service mark of Computer Resolutions Inc. (R)All other trademarks, service marks or logos are trademarks, service marks or logos of their respective holders. www.cri1.com is a registered Internet domain of Computer Resolutions Inc. Copyright(C)2003 Computer Resolutions Inc. All Rights Reserved |
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