Objectivity Reports Profitable Results For FY 2003; Success Credited to Cost Management and Focus on Emerging National Security and Intelligence Markets.Business Editors/High-Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aug. 26, 2003 Objectivity, Inc., the leader in high performance database engines that manage complex data, real-time applications and very large volumes of data, today announced that the company reported profitable results for the fiscal year 2003 ended June 30, 2003. The company attributes its success to careful attention to cost management and its focus on the emerging national security and intelligence markets that benefit significantly from Objectivity/DB. Objectivity/DB is a distributed, federated database that enables its government agency customers with disparate legacy databases to share information to find the "needle in the haystack." Objectivity markets Objectivity/DB to ISVs, OEMs and end-users for real-time processing of complex data, document and process management, scientific computing and complex defense and security applications. Objectivity's customers develop solutions built on Objectivity/DB for the government, telecommunications, Internet infrastructure, manufacturing, scientific and IT markets. Objectivity also delivers a High Availability Option that ensures system data availability in the event of system failure and sophisticated user data replication across geographically dispersed servers. Additionally, Objectivity's Active Schema allows users to change object definitions on the fly. Objectivity has delivered new features and options for enhanced reliability, scalability and performance including transparent interoperability for C++, .Net, Java, Smalltalk and SQL SQL in full Structured Query Language. Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results. ++/ODBC applications running on AIX, HP-UX HP's version of Unix that runs on its 9000 family. It is based on SVID and incorporates features from BSD Unix along with several HP innovations. (operating system) HP-UX - The version of Unix running on Hewlett-Packard workstations. , IRIX A Unix-based operating system from SGI that is used in its computer systems from desktop to supercomputer. It is an enhanced version of Unix System V Release 4. IRIX integrates the X Window system with OpenGL, creating the first real time 3D X environment. , LynxOS, Red Hat Linux Red Hat Linux, assembled by Red Hat, was a popular, "middle-aged" Linux distribution (not as old as Slackware but older than Ubuntu) upon its discontinuation in 2004.[1] Red Hat Linux 1.0 was released on November 3, 1994. , Solaris, Tru-64 UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). and Windows. Objectivity is now BEA Ready adding Container Managed Persistence An entity bean (EJB) that delegates responsibility for storage to its container. Contrast with bean managed persistence. See EJB. to its existing Weblogic Ready facilities. These features, plus many more, have made Objectivity/DB the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, for distributed, scalable, mission-critical applications. "Our successful financial performance is a tremendous accomplishment during this high tech economic downturn," states Jay Jarrell, 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 Objectivity. "We attribute much of our success to our growth in the government sector, specifically the areas of national security and intelligence, where we help to find the elusive data within the government's legacy databases. We're also seeing a slow but consistent recovery in the telecom sector." About Objectivity, Inc. Objectivity, Inc. is a leading provider of distributed, scalable object databases with unrivaled support for mixed-language development and mixed-hardware environments. Objectivity increases developer productivity and shortens time to market. Objectivity provides an ideal database platform for mission-critical applications that require continuous performance and adaptability for future technologies. Objectivity, Inc., is headquartered in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. , USA. For more information, contact Objectivity by e-mail at info@objectivity.com, on the World Wide Web at http://www.objectivity.com or by calling (650) 254-7100. Note to editors: All product names contained herein remain the trademarks or registered trademarks of their respective companies. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion