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PrimeurWeekly 13 May 2008
>EuroFlash
>First EDGeS User and Industry Forum meeting calls for participation
>EDGeS BOF Session "Integrating Service and Desktop Grids" at OGF23 in Barcelona
>International Supercomputing Conference in Dresden closes advance registration May 19
>EchoGRID Researcher Exchange Programme now open to Software & Services unit projects
>IBM Power 6 Supercomputer to boost research at Max Planck Society
>GBP 900,000 helps Queen's lead the way in next generation computing
>GridTalk upgrades European Grid computing communications
>Voltaire to deliver InfiniBand support to Novell customers
>Voltaire announces availability of customer support for OFED on any InfiniBand fabric
>USFlash
>NCAR installs 76-teraflop supercomputer for critical research on climate change and severe weather
>Berkeley Lab researchers propose new breed of supercomputers for improving global climate predictions
>SGI to supply NASA's next major supercomputer
>AvarSYS expands high performance computing capabilities with key hires
>Platform Computing establishes Financial Services Business Unit
>HP introduces "extreme" storage for on-line and digital media businesses
>Dell unveils virtualization blockbuster - from servers and storage to software and services
>Vietnam's new collaboration portal goes live on IBM Cloud, accelerating universities' adoption of service science
>Platform Computing's strategy pays off with strong growth
>HP Labs opens research opportunities to academia
>Verari Systems completes milestone shipment of newest blade-based hybrid storage and server solution
>US Hydrologic information system initiative
>Univa UD receives Series B financing
>Oracle debuts enhanced preview of Oracle Fusion Middleware 11g
>Siemens Shared Services banks on Oracle Real Application Clusters to serve over 70,000 employees across the nation
>Dell and VMware simplify disaster recovery with integrated virtual data centre solution
Platform Computing establishes Financial Services Business Unit
Toronto 06 May 2008

Platform Computing has formed a Financial Services Business Unit and promoted Jim Mancuso as its General Manager. The global expert in High Performance Computing (HPC) management software has just completed a year of record revenue and saw strong growth in Financial Services, where revenues doubled year over year.

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To build on the momentum and capitalize on opportunities in Financial Services, the company created a unit dedicated to this specialized market sector. With consistent strong growth across all major geographies including North America, Europe and Asia, Financial Services continues to be a global driver for Platform. Platform's Financial Services Business Unit will be based in New York City.

As General Manager, Financial Services, Mr. Mancuso will oversee Platform's Financial Services business strategy including market direction and product definition with full P&L responsibility. He will report directly to Platform's CEO Songnian Zhou. Mr. Mancuso previously served as Platform's Financial Services Vice President of North American Sales, where he led a team of specialists dedicated to providing personalized services and support to Platform's Financial Services customers. Prior to joining Platform, Mr. Mancuso was a senior executive at CorrectNet where he was responsible for a tenfold increase in revenue, transforming the company into a dominant technology vendor in the alternative investments industry.

"I am excited and honored to accept the position of General Manager, Financial Services", stated Jim Mancuso, General Manager, Financial Services, Platform Computing. "In the last year, Platform has continued to expand its customer base, meeting the demand for increased speed and higher utilization of compute resources required by Financial Services organizations. I look forward to delivering innovative solutions and continuing to position Platform as a leader and innovator in Financial Services."

"I am pleased to announce the establishment of Platform’s Financial Services Business Unit and would like to congratulate Jim on his promotion as its General Manager", stated Songnian Zhou, CEO, Platform Computing. "Enterprise Grid has proven itself as an enabling technology for Financial Services organisations to pursue new growth opportunities, to better quantify their business risks and increase utilization of their IT resources. Platform expects to continue leading the market."
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Source: Platform

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