10/7/2004 - Birdstep Technology (OSE: BIRD) announced its continued growth in the financial marketplace with National Commodity & Derivatives Exchange Limited’s (NCDEX) additional orders of the RDM Embedded data management solution. NCDEX has more than doubled its RDM Embedded based usage in its commodity trading application.
RDM Embedded provides NCDEX with a high performance, proven embedded data management solution. Data management in financial trading applications must provide very high transaction rates and exceptional reliability. With RDM Embedded, NCDEX achieves unmatched transaction performance in an exceptionally stable product. The combination of features, performance and size has made RDM Embedded popular for financial service applications.
“Since we launched our application in December 2003, we have been very pleased with the performance and stability of Birdstep’s RDM Embedded. In fact, the product has been so successful that we were able to expand our application’s deployment to additional traders. In part, this is because RDM Embedded has been a solid contributor to the product’s success,” commented an official of NCDEX.
“We are pleased that NCDEX has purchased more licenses of our RDM Embedded product. We have a proven track record in the financial market and will continue to develop robust, secure, highly available data management solutions demanded by our customers. In addition to NCDEX, RDM Embedded is used extensively by the National Stock Exchange of India,” said Steinar Sande, Birdstep Technology Vice President of Sales.
About Birdstep Technology
Birdstep Technology is traded on the Oslo Stock Exchange (OSE) under ticker 'BIRD'. The company has headquarters in Oslo and Seattle in addition to offices in London, Boston and San Francisco. Birdstep's small footprint, high performance database technologies combined with its wireless roaming and access software enables companies to build innovative solutions for embedded systems and the Mobile Internet. Birdstep makes your information accessible anytime, anywhere, on any device and on any infrastructure. Birdstep's global customers include 3Com (COMS), VERITAS (VRTS), Harman Becker Automotive Systems, HP (HPQ), Accenture (ACN), Telenor (TELN), PCTel (PCTI), Connect One and the National Stock Exchange of India. For more information, visit www.birdstep.com
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