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Fifth Annual UPSIDE
Hot 100 Award Recognizes Company's Innovation, Leadership and Performance
MOUNTAIN VIEW, CA, May 19, 2000 -
Rainfinity, the provider of Internet Reliability Software,
announced today that it has been selected as one of UPSIDE Magazine's
Fifth Annual Hot 100 private companies. Each year, the coveted awards
spotlight the top 100 privately-held technology companies.
Rainfinity, which won an UPSIDE Hot 100 Award in the "Internet Infrastructure"
category, was one of 100 companies singled out by the editors of
UPSIDE and an advisory panel comprised of venture capitalists, financial
analysts and market researchers. More than 1000 companies were nominated
this year for awards, which were judged on the company's technological
achievements, customer acceptance of products or services, financial
performance, industry partnerships, financial backing, management
savvy and marketing. The complete list of the UPSIDE Hot 100 Award
winners is published in the June issue of UPSIDE, and can be found
online at http://www.upsidetoday.com.
"We evaluated hundreds of great companies spanning a broad range
of Internet-related market segments, and are pleased to recognize
Rainfinity among this year's winners," said David Bunnell, UPSIDE
CEO and Editor. "We feel confident that these 100 are among the
best young companies in the world."
Olivier Helleboid, CEO of Rainfinity said, "From the beginning,
Rainfinity's focus has been to develop and perfect a unique technology
for a series of software products designed to ensure Internet availability
and security. We believed that if we did that well, our success
as a company would be ensured.
"Being selected as one of UPSIDE's Hot 100 companies is a truly
wonderful affirmation that we are on the right track, reflecting
as it does the knowledgeable opinions of so many recognized experts
in the technology field."
Recently, Rainfinity announced a major breakthrough in simplifying
networking infrastructure by combining security and traffic management
into a single-layer Internet front-end. The new technology, Rainfront,
for the first time integrates multiple layers of firewall HA, Web
server load balancing traffic management devices and other dedicated
point solutions, into one highly scalable Internet front-end platform.
Rainfront eliminates the need for dedicated devices and reduces
cost and complexity significantly.
Based on Rainfinity's core technology, Reliable Array of Independent
Nodes (RAIN), Rainfront clusters together any number of Internet
front-ends. Rainfront incorporates Rainfinity's patent pending Highly
Available Internet Link (HAIL) technology to ensure continuous availability
of all Web servers connected to Rainfront. When Rainfront detects
any Web server hardware or software failures, it automatically shifts
traffic and sessions to the remaining healthy Web servers, without
interrupting service or disconnecting any HTTP sessions that were
running on the failed Web server.
About Rainfinity
Rainfinity develops and markets scalable Internet Reliability Software,
designed to ensure the continuous reliability and maximum performance
of the Internet. Rainfront builds on the highly successful product
Rainwall that was introduced in 1999. Based on its unique distributed
server clustering technology, Reliable Array of Independent Nodes
(RAIN), Rainfinity products alleviate performance and communications
bottlenecks and ensure uninterrupted Internet service.
Rainfinity's core technology, RAIN, is a patented clustering technology
that was conceived and developed by a team of Caltech scientists
who are among the company's founders. They worked in collaboration
with the National Aeronautics and Space Administration (NASA) to
develop a superior distributed clustering technology for next generation
space-borne computing systems.
The Caltech team formed Rainfinity to bring this technology to the
commercial market, focusing specifically on applying RAIN's exceptional
availability, performance and scalability characteristics to mission-critical
Internet applications.
Rainfinity develops products for Red Hat Linux (NASDAQ: RHAT), Microsoft
NT and (NASDAQ: MSFT) and Sun Solaris (NYSE: SUNW) operating systems.
Rainfinity's corporate headquarters is located at 1901 Landings
Drive, Mountain View, CA, with research offices in Pasadena. European
offices are in London and Munich. For more information, please call
(877) 724-6333, or visit www.rainfinity.com.
Contacts:
Alan Braverman / Susan Lindner
NYPR
(212) 421-3555
alan@nypr.com / susan@nypr.com
Denise Lowney
Rainfinity
650-962-5318
dlowney@rainfinity.com
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