QueryObject Signs Strategic Distribution Agreement, First Customer for Latin America.Business/Technology Editors ROSLYN HEIGHTS Roslyn Heights (rŏz`lĭn), uninc. residential village (1990 pop. 6,405), Nassau co., SE N.Y., on Long Island. William Cullen Bryant lived and is buried in nearby Roslyn. , N.Y.--(BUSINESS WIRE)--July 31, 2000 Tecnologia Virtual to Resell the QueryObject System(R); Logistics Giant Estafeta Mexicana to Use QueryObjects to Analyze High-volume Distribution Data QueryObject Systems Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : QOSC; BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). : QOB QOB Quantity on Board ) today announced that it has signed a strategic reseller agreement with Tecnologia Virtual of Cuernavaca Mor., Mexico and a first joint customer, Estafeta Mexicana, the leading express courier service and distribution company in Mexico. The distribution agreement grants Tecnologia Virtual, S.A. the rights to resell and integrate the QueryObject System(R) with its current technology, mainly with Oloni(R), its online data warehousing See data warehouse. data warehousing - data warehouse tool. Estafeta Mexicana will utilize QueryObject's technology to provide efficient reporting and enhance customer satisfaction by analyzing the company's package delivery performance. "QueryObject Systems provides the perfect solution to the problem we were faced with -- the ability to rapidly query many tables with large data volumes," said Hector Chavez, systems manager for Estafeta Mexicana. "QueryObject Systems answered the problem by handling the large amounts of data with consistent, rapid response times to queries. Concurrent complex queries were executed to measure performance and the QueryObject System excelled." "The Estafeta Mexicana system is the perfect environment for QueryObject's technology," said Robert Thompson Robert Thompson may refer to:
"Tecnologia Virtual is a key partner in our strategy to assemble a worldwide network of integration partners," continued Thompson. "They are leaders in their market and have already demonstrated their effectiveness by bringing in Estafeta Mexicana as our first, major Latin American customer, and we look forward to long and profitable relationships with both companies." "Tecnologia Virtual is excited to represent QueryObject Systems in Mexico," said Eduardo Alessio, CEO for Tecnologia Virtual, S.A. "We evaluated several competitive systems, including Oracle Data Mart Suite 2.5, and found the solution provided by QueryObject to provide superior speed against larger data volumes. This agreement enables us to provide a high-performance, end-to-end business analysis solution to our clients." About the QueryObject System(R) The QueryObject System allows data intensive organizations such as eBusinesses, telecommunications, healthcare and insurance, or financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies to achieve a competitive advantage by analyzing more data...in more detail ...more quickly...over the Internet, or within other corporate environments. The QueryObject is the first true Information Age data structure, optimized for Internet data access and distribution. Where most databases were designed for client-server transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , the QueryObject is architected for Internet data analysis: --designed to work on Internet scale, both in terms of data volumes and number of users --at Internet velocity, with fast data mart load times, and query at the speed of thought --over server-centric or distributed network caching Internet architectures --in support of any industry standard analysis tools --while maintaining data privacy and security Its industry leading design permits very large amounts of behavioral data to be efficiently stored as a densely compressed loss-less mass, while a unique polynomial polynomial, mathematical expression which is a finite sum, each term being a constant times a product of one or more variables raised to powers. With only one variable the general form of a polynomial is a0xn+a index provides instant, random access to both the cross-dimensional totals and - via match keys - to the supporting transaction level data. The benefits are: --fast builds, and --fast, consistent analysis of large data volumes --by large, concurrent user In computer science, the number of concurrent users for a resource in a location, with the location being a computing network or a single computer, refers to the total number of people using the resource at the same time. populations --using any industry standards analytical tools Unique to the QueryObject System is the ability to efficiently stream analytical data, on demand, over the Internet to analytical tools or applications, facilitating the first truly networked Internet Information Architecture. The QueryObject Engine(tm), which transforms any production data source into QueryObject DataMarts, runs on Mainframe, 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 NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. servers, with native access to 22+ databases including SAP and PeopleSoft, allowing organizations to save time by processing business data directly on the platform on which it is created or stored. The QueryObject(tm) Server, running on UNIX, LINUX, or Windows NT, provides open end-user access to the resulting QueryObject data marts. Support for industry data access standards - JDBC (Java DataBase Connectivity) A programming interface that lets Java applications access a database via the SQL language. Since Java interpreters (Java Virtual Machines) are available for all major client platforms, this allows a platform-independent database , ODBC (Open DataBase Connectivity) A database programming interface from Microsoft that provides a common language for Windows applications to access databases on a network. , and OLE/DB - means that the QueryObject Server provides a powerful analytical back-end to most Business Intelligence and eBusiness Intelligence tools and applications, increasing their volume scaleability, query speed, and ability to support many concurrent users. The QueryObject(tm) Distributed Replication Server Replication Server is a Sybase product to provide bi-directional, heterogeneous replication, and synchronization across enterprise, client/server, desktop, and mobile systems. actually "Internet-enables" analytical data, so that it can be streamed over the Internet, Web-enabling BI client tools. This distributed network caching feature means that the QueryObject architecture can support virtually unlimited numbers of concurrent Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f , each using their personal choice of desktop BI clients. The QueryObject(tm) WEB Server complements QueryObject server strengths by providing Web-based users with FREE, downloadable access to a multi-dimensional Java client that turns standard browsers into flexible, intuitive, analytical clients allowing organizations to extend data access beyond their traditional BI communities without any additional per-seat costs. About Tecnologia Virtual Tecnologia Virtual is a leading supplier of software solutions to the Mexican Logistics, Distribution, and Bar Code Applications industries. Under this agreement, Tecnologia Virtual, will complement their existing portfolio of applications with highly optimized, business intelligence data marts built using the QueryObject System. For more information about Tecnologia Virtual, S.A. and its data warehousing technologies, including Oloni, visit the company's Web site at http://www.tvirtual.com About Estafeta Mexicana Estafeta Mexicana will use QueryObject data mart technology to rapidly analyze millions of daily delivery records over their corporate intranet. This will help secure Estafeta Mexicana's position as the leader in express distribution for Mexico by allowing them to ensure accurate delivery and the more effective customer service. About QueryObject Systems Corporation QueryObject Systems Corporation is a publicly held company headquartered in Roslyn Heights, NY with a European distribution subsidiary headquartered in Reading, the United Kingdom. Its scaleable Internet analytical technologies are available worldwide through a network of authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: distributors. About internetQueryObject Corporation internetQueryObject Corporation (doing business as iQO), also headquartered in Roslyn Heights, is a subsidiary of QueryObject Systems Corporation specializing in scaleable Internet analytical applications for Web analysis and e-Commerce. For more information about QueryObject Systems Corporation and its technologies, or iQO, visit the companies' web sites at http://www.queryobject.com and http://www.iqo.com. QueryObject System is a registered trademark and QueryObject, QueryObject Analyzer, internetQueryObject, iQO, and iQO.com are trademarks of QueryObject Systems Corporation. All other trademarks and registered trademarks referenced in this document are the property of their respective holders. This press release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created hereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the Company's development as a software products company, and the ability of certain partnerships to aid in that growth; the capability of the company's products to perform as optimized analytical data marts; and the ability of the company's products to support the performance of other business intelligence tools. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. |
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