Radiant Logic Reports Record Growth in 2006.Virtual Directory Market Leader Continues Strong Push into Financial, Telecommunications, Energy and Government Sectors NOVATO, Calif. -- Radiant Logic, Inc., the pioneer of virtual directory solutions, today announced record growth for 2006. The company's revenues jumped by 100 percent in 2006 over the previous year, as more customers recognized the value of virtual directories for identity integration. New customers of Radiant Logic's RadiantOne Virtual Directory Server and Identity Correlation products include British Petroleum, The US Department of Energy, Comcast, Discover Financial, State of Maine, Fiberlink, Ringier AG, Central Bank of Malaysia, Windstream Communications Windstream Corporation (NYSE: WIN) is the new name of Valor Telecom[1]. It took the Windstream name upon the spinoff of Alltel's wireline (local telephone) division and the division's simultaneous merger with Valor Telecom. , and General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. . While customer applications of the technology vary, most use RadiantOne solutions to leverage existing identity sources to accelerate and simplify the deployment of identity management projects. "Our customers need to authenticate users and must access identity profiles from a variety of sources in order to successfully implement their portals and identity management systems," said Michel Prompt, 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 Radiant Logic. "RadiantOne provides an abstraction layer Software that translates a high-level request into the low-level commands required to perform the operation. The most common abstraction layer is the programming interface (API) between an application and the operating system. to disparate data and acts as a directory without requiring ongoing, costly and complex data integration." In addition to new customers, Radiant Logic's growth came from existing customers who expanded their use of the RadiantOne virtual directory to tackle new data integration problems. "Now by abstracting data, there are so many things I can do and ways I can apply the data," said Jeff Anderson, Assistant Vice President -- Identity Management Systems at Fifth Third Bank. "It used to be a challenge on how we get data. Now it is all about the presentation of the data." Fifth Third, as well as Northwestern University Northwestern University, mainly at Evanston, Ill.; coeducational; chartered 1851, opened 1855 by Methodists. In 1873 it absorbed Evanston College for Ladies. and the US Federal Reserve Bank shared their success with Radiant Logic virtual directories at Radiant Logic's 2nd Annual Virtual Directory User Meeting. International expansion into growing markets, such as Europe and Asia, also spurred growth. Gartner Research, which has covered virtual directories in-depth for several years, estimates that by year-end 2009, virtual directories will be used by the majority of organizations implementing IAM IAM - Interactive Algebraic Manipulation. Interactive symbolic mathematics for PDP-10. ["IAM, A System for Interactive Algebraic Manipulation", C. Christensen et al, Proc Second Symp Symb Alg Manip, ACM Mar 1971]. solutions. Radiant Logic's sales in 2006 marked the second year in a row that the company experienced record growth. Radiant Logic announced availability of new versions of the RadiantOne components in 2006. RadiantOne Identity Correlation and Synchronization Server 5.0, introduced in June, establishes a common identity infrastructure, enables security policies, assists in compliance, and simplifies policy design and deployment. RadiantOne VDS (Virtual DMA Services) A programming interface that lets bus mastering devices cooperatively manage DMA channels. (Virtual Directory Server) 4.5 was also released in June to assist portals and web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. with the complex problem of authentication for multiple security domains. RadiantOne VDS 4.5 acts as a central point of authentication and as a directory for distributed applications, running on heterogeneous operating systems (Windows, Unix, Linux, mainframes) with their specific security domains. About Radiant Logic, Inc. Radiant Logic, Inc. is the leading provider of virtual directory solutions for identity management and enterprise information integration. RadiantOne Virtual Directory Server is being utilized by Fortune 500 corporations to provide virtual LDAP (Lightweight Directory Access Protocol) A protocol used to access a directory listing. LDAP support is implemented in Web browsers and e-mail programs, which can query an LDAP-compliant directory. access to any applications and data sources for authentication, authorization, profile and personalization data for security, provisioning, portals, and application integration projects. Radiant Logic's virtual directory solutions have been used to solve tough directory integration problems at companies around the world. Companies and organization such as British Petroleum, Comcast, Discover Financial, Disney, Defense Information Systems Agency, Federal Reserve Bank, Federal Home Loan Bank, Fifth Third Bank, Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. , Lexmark, Telecom Italia, Symantec, USAF and Time Warner Telecom Time Warner Telecom NASDAQ: TWTC is headquartered in Littleton, Colorado. The company provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP and security, to enterprise use the RadiantOne solution to speed deployment, solve directory integration challenges and cut costs for identity management projects. Partnerships with identity management software vendors -- CA and RSA/EMC -- along with professional services organizations -- Accenture, Booz Allen Hamilton Booz Allen Hamilton, Inc., referred to as Booz Allen is one of the oldest strategy consulting firms in the world.[1] The firm formerly had two consulting divisions: WCB (Worldwide Commercial Business, also known as “The Commercial Side”) and WTB and PricewaterhouseCoopers -- demonstrate the broad impact of virtual directory technology on the market. Radiant Logic is based in Novato, CA. RadiantOne[TM] is a trademark of Radiant Logic, Inc. For more information, visit www.radiantlogic.com. |
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