Press Releases

StreamBase Presents Best Practices & Strategies For Securing Profitable Enterprise Risk Management

Leader of Award-Winning Enterprise-Class Stream Processing Software Featured At Software & Information Industry Association's (SIIA) Annual Meeting

SIIA — NEW YORK, NY — June 22, 2006 — StreamBase Systems, Inc., provider of the industry's fastest and most powerful real-time and historical complex event processing software, today announced that StreamBase's Vice President of Marketing, Bill Hobbib is a featured guest speaker at SIIA's Financial Information Services Division (FISD) Annual Meeting taking place today at the New York Mercantile Exchange in New York City. In his session, "Securing Profitable Enterprise Risk Management (ERM)," Hobbib will discuss the growing trends, opportunities, and best practices around ERM and the strategies that can be employed to ensure optimal low-latency processing and analysis of real-time financial data.

As the securities industry continues to face steep regulatory and competitive pressures, identifying and controlling risks must be openly integrated into daily business practices. Financial firms everywhere are wrestling with globalization, financial product innovation, and increasing amounts of real-time data hitting their organizations, Processing and leveraging accurate, actionable data in real-time will not only improve how organizations address more predictable risks, but empower them with the ability to avoid bad investments. To learn more about this event, visit http://www.fisd.net/schedules/0606_gen_mtg.asp.

In other news this week, StreamBase announced the launch of its Event Persistence™ strategic roadmap at the SIA Technology Management Conference in New York City (See StreamBase Unveils Event Persistence™ Roadmap & Performance Milestones for Key Complex Event Processing Capabilities, June 20, 2006). StreamBase's combination of real-time performance, storage, and programmability now empowers enterprises to solve new classes of business challenges by integrating real-time streaming data with the ability to query up to terabytes (TBs) of stored data. This unprecedented unification of current and historical data is fueled by the standards-based next generation query language, StreamSQL™.

During SIA, StreamBase also announced its strategic initiative, "The Quest for The Da Vinci Coder," (See also StreamBase Announces Da Vinci Coder Contest for the Most Talented Programmers on Earth, June 20, 2006). Participants in The Quest have the opportunity, for the first time, to download the StreamBase Developer Edition to truly test-drive an enterprise-class complex event processing platform through a fun, interactive, and intellectually stimulating competition.

Contest participants will have the opportunity to compete amongst their peers to win weekly prizes valued at $1,000 USD, including a Bose® home theatre system, an iPod® ultimate collection, or an Xbox 360™ premium bundle, and then ultimately compete for the grand prize, which aside from being named, "The Da Vinci Coder," is valued at more than $10,000 USD. The grand prize Da Vinci Coder options include a whirlwind tour of London and Paris, or an amazing zero-gravity experience, or even the opportunity to "take the money & run.". To learn more, visit www.thedavincicoder.com.

About FISD

The Software & Information Industry Association's (SIIA) Financial Information Services Division (FISD) was established to provide a neutral and balanced business forum for exchanges, third-party providers, market data vendors, brokerage firms, asset managers, and banks to address and resolve issues related to the dissemination, management, administration and use of financial information. Members use FISD to exchange ideas, establish new levels of mutual understanding, and improve the business climate associated with the worldwide flow of financial information.

FISD was founded in 1985 and is governed by a 27-member Executive Committee consisting of equal numbers of exchanges, vendors and market data user firms.

About StreamBase

StreamBase's award-winning Stream Processing Platform, fueled by the standards-based next generation query language, StreamSQL™ and an Eclipse-based development environment, offers the fastest Complex Event Processing software for processing of real-time and historical data. With StreamBase and StreamSQL, enterprises can query, process, and analyze real-time and stored data at rates of up to hundreds of thousands messages/second. StreamBase's combination of real-time performance, persistence, and programmability empowers enterprises in industries like financial services, telecom and networking, e-Business, government and military to solve new classes of business challenges in a more timely, scalable, and cost effective manner than custom-coding. StreamBase is headquartered in Lexington, Massachusetts with offices in New York, Washington, D.C., and London. A downloadable version of StreamBase's software is available at www.streambase.com.

©2006 StreamBase Systems, Inc. All other trademarks or trade names are properties of their respective owners. All rights reserved.

StreamBase Systems Media Contacts: