Objectivity Reports Profitable Results for First Half FY 2004.Business Editors MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb. 2, 2004 Success Credited to New Free Downloadable Trial Version, Effective Cost Management and Focus on Emerging National Security Markets 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 six months as well as the quarter ended December 31, 2003. The results place the company ahead of plan for FY 2004. The company attributes its success to the availability of its new free Objectivity/DB 8.0 download, 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 and commercial 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 delivered a new version of its flagship product Objectivity/DB Version 8.0, downloadable for a free 30-day trial from Objectivity's web site (www.objectivity.com). Objectivity/DB 8.0 makes it easier to design, develop and deploy scalable, distributed, high availability applications. This is the latest version of Objectivity's highly scalable, federated Connected and treated as one. See federated database and federated directories. object-oriented database for mission critical applications. New in this release are integration with and support for Eclipse IDE, XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , and High Availability. Additionally, Objectivity/DB Release 8.0 provides transparent interoperability for C++, 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. This BEA Ready release supports BEA WebLogic. It has full Java Transaction API The Java Transaction API (JTA) is one of the Java EE APIs allowing distributed transactions to be done across multiple XA resources. JTA is a specification developed under the Java Community Process as JSR 907. (JTA) integration allowing Objectivity/DB 8.0 to serve as an EJB-managed transaction resource. "Our Version 8.0 download has enabled us to see significant growth in all of our target markets. It makes it easier than ever to develop mission critical applications using Objectivity/DB," 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 also 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 rapidly increasing volumes of information." 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. |
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