DLJdirect Distributes Business-Critical Customer Software With Marimba's Castanet.
Castanet Simplifies Distribution of DLJdirect's New
MarketSpeed(tm) Software Versions and Makes it Easy for Investors
to Keep Their Software Current
Marimba(R) Inc. (Nasdaq:MRBA), a leading provider of Internet-based software management solutions, today announced that DLJdirect Inc. (NYSE:DIR) has implemented Castanet to distribute a software package and subsequent updates over the Web.
DLJdirect MarketSpeed(tm) 3.0 is one of the brokerage industry's premier investment management and online trading software applications.
"With Castanet, we can make the software distribution and updating processes easy and fast, so that retail customers will always have the latest versions of our software," said Suresh Kumar, Chief Information Officer of DLJdirect. "This ensures that they are always benefiting from our ongoing efforts to improve the software. At the same time, by minimizing the number of users relying on outdated software, we can reduce overhead support costs."
Castanet transfers only code that has actually been modified. With these incremental data transfers and other bandwidth utilization features, downloading times are minimized so customer service is optimized. DLJdirect favored Castanet's solution because of its checkpoint/restart feature.
"With Castanet's checkpoint/restart feature, if a transmission error occurs, the download process begins at the point where it left off," said Kumar.
DLJdirect is also planning to use Castanet internally to distribute new versions of MarketSpeed.
"This process will be streamlined with Castanet's ability to perform incremental upgrades automatically," said Kumar. "In addition, with Castanet, we could have the potential to have a full report on the version status of every server allowing us to document the updating process."
DLJdirect (NYSE:DIR), one of America's premier online brokerage firms, is the online brokerage subsidiary of Donaldson, Lufkin & Jenrette (NYSE:DLJ), a leading integrated investment and merchant bank serving institutional, corporate, government and individual investors. Established in 1988, DLJdirect offers a broad range of investment products and services to sophisticated, self-directed investors. DLJdirect has more than 700,000 customer accounts with over $14.2 billion in assets. For more information on DLJdirect, refer to the company's World Wide Web site at http://www.DLJdirect.com.
Marimba is a leading provider of Internet-based software management solutions that enable companies to expand their market reach, streamline business processes and strengthen relationships with customers, business partners and employees. Marimba's Castanet product family provides an efficient and reliable infrastructure by which enterprises can distribute, update and manage applications and related data over corporate intranets, extranets and the Internet. Depended upon by such organizations as The Home Depot, Intuit, Morgan Stanley, and Seagate Technology, Castanet enables companies to leverage the Internet more efficiently by reducing software management costs, delivering greater functionality and improving customer loyalty. Marimba is headquartered in Mountain View, Calif., and can be reached at 650/930-5282, email@example.com, or at its Web site at http://www.marimba.com.
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by this section. These forward-looking statements concern, among other things, our announced customer's rollout of its applications with Castanet; the specific technical and performance benefits our customer expects to achieve with Castanet; and the cost savings the customer expects to receive from using Castanet. Those results are subject to a number of risks and uncertainties, including: the remaining time and effort required to complete the customer's deployment, which may be greater than anticipated; technical challenges specific to the customer's Castanet implementation, which could impact the utilization of its applications; and other business and expense factors particular to the customer that could impact whether the customer is able to achieve expected savings with Castanet. Actual results may differ materially due to these and other factors. The matters discussed in this press release also involve risks and uncertainties described from time to time in Marimba's filings with the Securities and Exchange Commission. In particular, see the Risk Factors described in Marimba's final Prospectus dated April 29, 1999, for its initial public offering as well as its most recent Quarterly Report on Form 10-Q. Marimba assumes no obligation to update the forward-looking information contained in this press release.
Marimba and Castanet are registered trademarks of Marimba Inc. in the U.S. and/or other countries. All other product, trademark, company or service names mentioned herein are the property of their respective owners.
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|Date:||Oct 14, 1999|
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