ALGERAIX DATA NAMED “COOL VENDOR”

FOR IMMEDIATE RELEASE

Leading Analyst Firm Names Algebraix Data “Cool Vendor”

Cool Vendors Are Deemed Innovative, Impactful and Intriguing

SAN DIEGO, CA., May 3, 2010 – Algebraix Data Corporation today announced Gartner has named the company a “Cool Vendor” in the report “Cool Vendors in Data Management and Integration, 2010” published April 21, 2010 by Eric Thoo, Donald Feinberg, Ted Friedman and Andreas Bitterer. The report includes an analysis of five vendors with “innovative approaches and technologies to help organizations improve the scalability of databases, introducing new optimization techniques, integrating data for delivery to software as a service (SaaS)-based applications and ensuring the quality of data across applications and data structures.”

According to Gartner, “new database management system (DBMS) technologies continue to emerge through the use of new optimization techniques to manage mixed data types.” The report urges readers to “explore alternative DBMS technologies and optimization techniques for addressing workload scalability challenges in data persistence activity, such as data warehouses for mission-critical front-line operations.”

“We’re pleased to have earned Gartner’s recognition of our new database technology that uses extended set mathematics to create massive improvements in scalability, performance and flexibility,” said Charlie Silver, CEO, Algebraix Data. “We definitely challenge anyone to pit our approach and technology against competitors in a proof-of-concept test. We consistently win any benchmarking where data volumes are large and business analytics is the core application.”

About Gartner’s Cool Vendors Selection Process

Gartner’s listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn’t do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner’s interest or curiosity in approximately the past six months.

About Algebraix Data Corporation

Founded in 2004, Algebraix Data Corporation’s patented data-management software promises to disrupt the entire BI complex. Its A2DB advanced analytic database enables real-time data access, eliminates manual performance tuning and runs on affordable commodity hardware. The consequent boost in simplicity, performance and value represent a breakthrough not seen since the relational database was first introduced.  For more information, visit:  www.algebraixdata.com.

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Press Contact:
Samantha Singh
Gutenberg Communications for Algebraix Data
408.335.6965