Entropia Announces Calculation Milestone In Internet Distributed Computing; Becomes Founding Member of Intel-Sponsored Peer-to-Peer Computing Working Group.Business Editors/Hi-Tech Writers Intel Developer Forum Intel Developer Forum (IDF), is a twice yearly gathering of technologists to discuss Intel products and products based around Intel products. The first IDF was in 1997. There is usually a Spring IDF and a Fall IDF. Fall 2000 SAN DIEGO--(BUSINESS WIRE)--Aug. 24, 2000 As Intel (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :INTC INTC Intel (NASDAQ symbol) INTC Intercept INTC Interrupt Controller ) this week embraced Internet computing as a part of the emerging peer-to-peer trend at the Intel Developers Forum Conference, Entropia, Inc. - the company creating the world's most powerful Internet computing service - announced that its three-year-old Internet computing grid has surpassed the milestone of 60 exaflops, or 60 million million million floating point calculations. "Exaflop certainly is not a household word. To put this mind-boggling number in perspective, consider if all 6 billion people on Earth received one million dollars every week, it would take over 200 years to total 60 exa-dollars," said Jim Madsen, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Entropia. "This demonstrates how currently unused resources can be pooled to create an enormous amount of power which as a service Entropia provides to philanthropic causes and commercial businesses alike." Highlighted this week during Intel's Developer Forum Conference in San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , peer-to-peer computing See grid computing. - the uniting of computing resources of millions of personal computers -- is forging to the forefront of Internet technology after years of development. According to Intel and industry experts, this will have lasting impact on the way information is processed and distributed. "Entropia's innovative computing service is a great example of the power peer-to-peer technology generates from the Internet," said Bob Knighten of Intel's Enterprise Architecture Laboratory. "With three years of operation, peer-reviewed, published results and performance milestones such as this, Entropia will be a strong addition as a founding member to our Peer-to-Peer Working Group." This group will lead industry efforts to promote specifications, focused on issues such as interoperability, security, performance, privacy and management, for the infrastructure that will enable peer-to-peer computing everywhere. Entropia, which already has over 90,000 Intel processors in its Internet computing network, will be a significant supporter of this group. About Entropia, Inc. Entropia, Inc., is creating the world's largest Internet computing service by converting the idle time The duration of time a device is in an idle state, which means that it is operational, but not being used. of PCs into large-scale computer power via the Internet. By downloading Entropia software from the company's Web site, people can contribute their computers' otherwise wasted processor time to important projects that significantly accelerate progress and production in the medical, scientific, research, finance and entertainment industries. Entropia is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in San Diego, Calif. For additional information or to connect a PC to the Entropia network, visit www.entropia.com |
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