TimesTen Releases Real-Time Event Processing System on HP's Tru64 UNIX

4/1/2003 - TimesTen, Inc., a provider of real-time event processing software for telecommunications and financial services, announced plans to release its TimesTen® Real-Time Event Processing System on HP's Tru64 UNIX® operating system. Availability is anticipated in the second quarter of this year. TimesTen is adding this support in direct response to demand from the large number of mobile operators with Tru64 UNIX as part of their existing infrastructure, and who are developing convergent billing systems and new sophisticated value-added services (VAS). The availability of TimesTen will enable these companies to increase and extend the return on their technology investment by delivering the real-time event processing necessary to meet the performance and scalability demands of these new applications.

Mobile operators continue to forge ahead with advanced services that place a significant load on their existing infrastructure. One of the main evolutions is the transition from batch to real-time processing, with even greater emphasis on the availability of the systems. The TimesTen Real-Time Event Processing System was designed to meet the demands of next-generation mobile networks for massive scalability, real-time response, and non-stop operation-delivered on cost-effective hardware solutions. Mission critical applications such as billing and mediation rely on TimesTen to process thousands of events per second with zero data loss. When it comes to value added services, TimesTen enables greater flexibility by leveraging standards-based interfaces, allowing faster time to market for new features and applications as well as seamless integration of third party applications.

"HP's Tru64 UNIX is a proven platform within the OSS and VAS infrastructures of mobile operators," said John Trembley, director of telecom and networking at TimesTen, Inc. "These companies have shown significant interest in having TimesTen available to enable their Tru64 UNIX applications to support the real-time demands of advanced mobile services. By moving their applications to TimesTen, they can extend the life of their Tru64 UNIX investments."

"At HP, we look to work with companies such as TimesTen to provide strong support and ROI for our mutual customers' existing environments," said Don Jenkins, Director, Operating Environment Software Marketing, HP Business Critical Systems. "TimesTen helps our Tru64 UNIX customers increase their business performance and protect their investment by ensuring a smooth path forward to HP's premier HP-UX solutions on Itanium® processor-based systems."

About TimesTen, Inc.
TimesTen provides software for real-time event processing—a fundamental requirement of time-critical applications used by Wall Street firms and global telecom providers. Systems built with TimesTen inside are instantly responsive, highly reliable, and able to process massive transaction volumes. Cisco, Lehman Brothers, Nokia, and Sprint are among the customers who rely on TimesTen's software and expertise to create a unique advantage in a rapidly changing market. For more information, visit www.timesten.com.

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