Compaq and Prologic to Market Fault-tolerant, Scalable, Windows NT-based Banking Solutions.HOUSTON--(BUSINESS WIRE)--April 14, 1998-- Prologic Ovation Banking System and Compaq ProLiant Servers Demonstrate Cluster-enabled Support for Enterprise Banking Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. (NYSE NYSE See: New York Stock Exchange :CPQ CPQ Compaq CPQ Conseil du Patronat du Québec (Canada) CPQ Configure-Price-Quote CPQ Conseil de Presse du Québec (Québec Press Council, Canada) CPQ Companion Parrot Quarterly ), the world's leading server vendor, and Prologic Corporation, the leading provider of client/server solutions for the banking industry, today announced worldwide that they have entered into a marketing agreement to promote joint solutions based on Compaq ProLiant servers and Ovation, the Windows NT-based enterprise-banking application from Prologic. The partnership will deliver integrated high-performance, high-availability, standards-based hardware and software systems for banking customers. "To retain and win new customers in a highly competitive market, financial institutions require flexible, scalable and fault-tolerant information systems," said Ronnie Ward, Vice President and General Manager, Enterprise Solutions Division, Compaq Computer Corporation. "The combination of Prologic's Ovation software and Compaq ProLiant servers will allow banking customers to rapidly deploy standards-based, high-availability solutions for the creation and delivery of new, customer-management functionality targeted to specific customer needs." With Ovation, financial institutions have the ability to identify unique customer and product relationships, to identify the contribution to profit at the customer level, and to handle relationship-driven pricing. "The combination of Ovation and Compaq servers is a can't-miss package for financial institutions," said Robert Wilband, President and Chief Executive Officer of Prologic Corporation. "Banks of all sizes - from $20 billion in assets down to $100 million in assets - can now purchase specialized hardware and software that are powerful and flexible enough for all their computing requirements." Recent clustering tests by Prologic and Compaq show that when using Microsoft Cluster Server Clustering software from Microsoft for Windows NT/2000. It provides rudimentary load balancing and two-node failover, which allows a second server to take over if the first one fails. Cluster Server was formerly code named Wolfpack. , the Ovation server will fail over from one node in the cluster to the other in the case of hardware failure. The success of testing a fail-over cluster scenario provides a foundation to further optimize Ovation to take advantage of the 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. and scalability possible with Compaq hardware running Microsoft cluster software. Hosted on Compaq ProLiant servers running Ovation, Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. NT and Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. , Prologic, Compaq, Microsoft, and 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. conducted benchmark tests on the day-to-day banking operations of a financial institution with over $20 billion in assets. The benchmark environment simulated a bank with approximately 2,000 branches, 10,000 employee workstations, 2,500 ATMs, eight million customers, and more than nine million accounts. This benchmark suggests that financial institutions can implement additional software and hardware to accommodate their growth as required and more cost-effectively than legacy customers who can't leverage their investment spending and must revisit their hardware and software systems. The Compaq Prologic Partnership Under terms of the agreement, Compaq and Prologic will conduct joint marketing activities worldwide, including speaking engagements, participation at financial industry trade shows and conferences, and co-hosting of executive retail-banking seminars. The companies will also work together to benchmark and certify a range of scalable and high-availability software and hardware solutions, including Compaq fibre channel-based products. About Prologic Founded in 1984, Prologic Corporation is the leading developer of client/server solutions for the financial industry. Through strategic alliances with Microsoft, global partners, and international customers, Prologic's banking solutions are in use in over 200 financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. organizations in 27 countries throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Asia-Pacific and Europe. For further information, visit the Prologic Corporation home page at http://www.prologiccorp.com. About Compaq Founded in 1982, Compaq Computer Corporation, a Fortune Global 200 company, is a worldwide information technology company. Compaq is the fifth largest computer company in the world and the largest global supplier of personal computers. With worldwide sales of $24.6 billion in 1997, Compaq develops and markets hardware, software, solutions and services, including industry-leading enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. solutions, fault-tolerant business-critical solutions, networking and communication products, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized Compaq marketing partners. Customer support and information about Compaq and its products can be found at http://www.compaq.com or by calling 1-800-OK-COMPAQ in North America. Product information and North America reseller locations can be obtained by calling 1-800-345-1518. -0- Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. CONTACT: Compaq Computer Corporation Bob Corbin, 281-514-0484 bob.corbin@compaq.com or Miller/Shandwick Technologies Dave Price
dprice@miller.shandwick.com or Prologic Corporation Marlene Yip, 604-214-5726 yip@prologiccorp.com |
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