NewMonics Earns Design Win At Inkra Networks; NewMonics' PERC powers Inkra's Virtual Service Architecture, Enabling Quality Development in a 'Fraction of the Time'.Business/Technology Editors Embedded Systems Embedded systems Computer systems that cannot be programmed by the user because they are preprogrammed for a specific task and are buried within the equipment they serve. Conference 2002 SAN FRANCISCO--(BUSINESS WIRE)--March 13, 2002 NewMonics, Inc., a leading supplier of advanced development solutions for next-generation embedded systems, today announced it has signed an agreement to license its PERC PERC See: Preferred equity redemption stock (R) virtual machine to Inkra Networks for Inkra's new Virtual Service Architecture targeting Internet data centers. NewMonics is the creator of the PERC Platform, a Java-compatible embedded virtual machine and libraries expressly made for complex embedded systems such as those found in network infrastructure devices. PERC has a customer following that includes Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony , Intel, Xata/Qualcomm and Parker Hannifin. Founded in May 2000, Inkra Networks is building a new class of data center switch to enable the rapid, nondisruptive and secure delivery of IP services in enterprise and service provider centers. PERC enables customers such as Inkra Networks to deliver improved product quality and reliability while reducing product development time and costs by at least 30 percent. With PERC, network equipment providers can smoothly and successfully transition to enhanced development models where the customer can program more quickly, integrate third-party code, modularize large programs and write easy-to-understand, easy-to-test and easy-to-document code. "Inkra's Virtual Service Architecture provides for the dynamic delivery of IP services in Internet data centers," says Sanjay Dhawan, 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 Inkra Networks. "NewMonics' PERC provides a Java-compatible environment that allows us to write quality code in a fraction of the time it would take us otherwise." "There is a growing pressure for suppliers of network equipment to deliver quality products in less time and with fewer people," says NewMonics Sales and Marketing Vice President Tim Tumilty. "PERC provides manufacturers with speed, efficiency and cost-effectiveness in development." About NewMonics, Inc. NewMonics provides advanced Java-compatible solutions for today's complex embedded systems, enabling equipment developers to realize substantial improvements in overall system capabilities while reducing time and cost to market. NewMonics' products and services center on patented embedded Java technology that delivers performance, predictable timing and reliability while introducing ease of development, reusability and openness. At the heart of this is NewMonics' PERC virtual machine, which revolutionizes the JVM See Java Virtual Machine. JVM - Java Virtual Machine to meet the exacting standards of fields such as network infrastructure, advanced industrial automation and fleet telematics. NewMonics also facilitates development with expert embedded Java support and professional services, as well as a suite of components comprising compilers, tools and libraries for Intel and Power PC microprocessors running with a variety of popular real-time operating systems. NewMonics 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 Lisle, Illinois, with partners and clients worldwide. For additional information, see www.newmonics.com. About Inkra Networks Inkra Networks is building a new class of data center switch that enables the rapid, nondisruptive and secure delivery of IP services in enterprise and service provider data centers. Inkra's Virtual Service Architecture (VSA VSA (in New Zealand) Voluntary Service Abroad ) changes the economics of IP service delivery by integrating thousands of firewall, 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. , load balancing, SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. and other advanced IP service instances into a scalable platform with a superior management system. Inkra's VSA delivers the performance and integrity of today's dedicated service appliances at the economics of shared systems. Headquartered in Fremont, California, Inkra is funded by Battery Ventures, Norwest Venture Partners, Storm Ventures and Greenstone green·stone n. Any of various altered basic igneous rocks colored green by chlorite, hornblende, or epidote. greenstone Noun NZ a type of green jade used for Maori carvings and ornaments Venture Partners. For more information, please visit www.inkra.com. |
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