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Versant and Panasas Deliver High Performance Database and Storage for Application Developers

^{Published on 2009-11-12 03:07:25 - Market Wire}
 

REDWOOD CITY, CA and FREMONT, CA--(Marketwire - November 12, 2009) - Versant Corporation (NASDAQ: [ VSNT ]), an industry leader in specialized data management software, and Panasas, the leading provider of storage for the world's most [ performance-intensive applications ], today announced a partnership to help accelerate database and storage performance for high-end application developers. The combined platform addresses the most demanding database and storage requirements found in [ high performance computing ] applications, especially for [ financial services ], modeling and simulation, and complex telecommunication network management.

"We are developing sophisticated financial analysis and real-time trading applications, requiring sub second market access to literally millions of data elements," says Philip Beckley, CEO of Puertofino Software, LLC, a financial services company based in Santa Fe, New Mexico. "We selected the Panasas storage system and the Versant Object Database for maximum performance and reliability in our mission critical application, providing us with a significant competitive advantage. We are particularly impressed with the seamless compatibility and the almost infinite scalability of the solution."

Panasas provides parallel access to [ storage ] with very high concurrency that allows customers of both Panasas and Versant to build new applications for life sciences, financial services and satellite imaging that cannot be done with traditional SAN/NAS storage and relational databases. The Versant Object Database allows these complex applications to be built quickly, while Panasas provides the storage I/O and scalability to achieve a customer's performance targets.

"Our customers are developing highly specialized data management applications where performance, scalability and reliability are of the utmost importance," said David Ingersoll, vice president, sales at Versant. "The Panasas storage solutions are a perfect fit for our high performance computing customers, extending our high performance, dual cache database architecture beyond traditional database platforms."

Versant Object Database

The Versant Object Database is the market leader in object databases. Using [ Versant Object Database ]for data storage brings powerful advantages to applications that use complex C++, Java and .NET object models, have high concurrency requirements and large data sets. The Versant Object Database is designed to handle the navigational access, seamless data distribution, and enterprise scale often required by these applications.

Panasas ActiveStor Parallel Storage

Panasas provides the most comprehensive family of parallel storage solutions available today. Every Panasas ActiveStor™ system is based on the leading PanFS™ Parallel File System and delivers exceptional performance, scalability and manageability. Leveraging its DirectFLOW® parallel storage access technology, Panasas now supports more than 500,000 servers with cost-effective, data-intensive, and linearly scalable storage solutions. This innovative architecture enables multiple parallel data paths between computing nodes and Panasas ActiveStor storage, thereby eliminating the inherent performance and capacity bottlenecks of today's file systems and file servers. Panasas also dramatically lowers the cost of managing data storage by supporting petabytes of data capacity growth within a single, easily managed namespace and framework.

About Panasas

Panasas, Inc., the leading provider of high performance storage for the world's most performance intensive applications, helps commercial, government and academic organizations accelerate their time to results leading to real world breakthroughs that improve people's lives. Panasas' high performance storage systems enable customers to maximize the benefits of compute clusters by eliminating the storage bottleneck created with legacy network storage technologies. Panasas ActiveStor Parallel Storage Clusters, in conjunction with the ActiveScale® Operating Environment and PanFS™ parallel file system, offers the most comprehensive portfolio of storage solutions for high performance computing (HPC) environments. Panasas is headquartered in Fremont, California. For more information, please visit [ www.panasas.com ].

About Versant

Versant Corporation (NASDAQ: [ VSNT ]) is an industry leader in database management software, helping software developers to create unique applications handling complex information and high performance / high availability requirements. Versant customers cut hardware costs, speed and simplify development, and significantly reduce administration costs. Versant's solutions are deployed in a wide array of industries, including telecommunications, financial services, transportation, manufacturing, and defense. With over 50,000 installations, Versant has been a highly reliable partner for Global 2000 companies such as Ericsson, Verizon, Siemens, US Government, and Financial Times. For more information, call 650-232-2400 or visit [ www.versant.com ].

Panasas, ActiveScale, DirectFLOW and PanFS are trademarks or registered trademarks of Panasas, Inc. All other trademarks are the property of their respective owners.