MDA EarthSat Weather Partners with YellowJacket Software to Deliver Critical Weather Updates.ROCKVILLE, Md. -- YellowJacket Software and MDA (1) (Monochrome Display Adapter) The first IBM PC monochrome video display standard for text. Due to its lack of graphics, MDA cards were often replaced with Hercules cards, which provided both text and graphics. See PC display modes and Hercules Graphics. EarthSat Energy Weather (formerly EarthSat Corp.) announced today that critical midday weather updates will now be delivered to EarthSat clients via YJ Energy, YellowJacket Software's secure and reliable managed communication service. YJ Energy will allow traders and key decision makers to receive EarthSat forecaster updates as soon as they are released. Matt Rogers, Deputy Director of Weather at MDA Federal, is eager to rollout the new technology. "We've been frustrated frus·trate tr.v. frus·trat·ed, frus·trat·ing, frus·trates 1. a. To prevent from accomplishing a purpose or fulfilling a desire; thwart: by the lack of reliability of the various public instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or services and the need to address the preferences of each client's IT department. We chose YellowJacket because the system will satisfy each IT manager while supporting the real-time needs of our traders. We plan to use YJ Energy for the delivery of additional real-time products in the future," Rogers said. YJ Energy will be freely available to all of MDA EarthSat's Noon clients. "This is an excellent opportunity for the broader energy trading community to become comfortable with a secure platform that is already heavily utilized within the weather derivatives Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to reduce risk associated with adverse or unexpected weather conditions. marketplace. We look forward to working with MDA EarthSat on this exciting venture," states Jacob Pechenik, 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 YellowJacket Software. About MDA Federal's EarthSat Weather MDA Federal's EarthSat Weather group produces daily forecasts, of special interest, for the majority of traders, analysts and meteorologists Atmospheric scientists
About YellowJacket Software YellowJacket Software, Inc (YJS) provides a managed communication and market data service that delivers improved efficiency to the weather and energy derivatives markets by reducing trading, price verification and compliance costs. Since 2004, YJS has fostered weather derivatives market liquidity by helping dealers more quickly spot, evaluate and negotiate trading opportunities and by providing brokers with tools to facilitate more transactions. YJS supports regulatory compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). and integrates with third party content monitoring and archiving solutions. YJS clients include broker/dealers, utilities, hedge funds and institutional investors. For more information, visit www.yellowjacketsoftware.com. |
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