Warwick, UK - November 5, 2004 - Streamline Computing Ltd, the UK's
leading provider of high performance cluster supercomputers today
announced its plans to develop and market its software under the
Allinea brand.
Following the worldwide success of its first software product, the
Distributed Debugging Tool (DDT), and with the continued growth of its
UK-based system integration business, Streamline Computing has formed
Allinea Software Ltd as a step towards the eventual de-merger of the
two entities. The move will allow both Streamline and Allinea to focus
on their individual lines of business, and avoid any potential
conflict of interest in software dealings with Streamline's European
competitors.
"With the adoption of our parallel debugger growing rapidly, and with
a number of other tools in development, the need for us to create a
suitable vehicle for selling and marketing our software products has
become evident," said Michael Rudgyard, the founder of Streamline
Computing and CEO of Allinea. "Both our software development and
system integration teams have grown considerably over recent years,
and we have been working to reorganize the management structure within
Streamline to reflect this."
Streamline will continue to sell Allinea products as a primary UK
reseller, much as it currently sells software tools and compilers from
other third parties. "This strategic move provides an exciting
opportunity for Streamline and Allinea to consolidate their
businesses, and maintain the strong growth of their individual
customer bases," said Richard Groves, who takes over as CEO of
Streamline. "The two management teams will continue to generate and
develop joint business opportunities in order to provide a complete
solution to our customers."
Allinea Software will be exhibiting at the Supercomputing Conference
(SC2004) in Pittsburgh, USA on November 8 -11, 2004, where it will
launch the most recent version of its DDT product, as well as announce
an exciting new suite of interoperable software tools.
About Streamline Computing Ltd.
Streamline Computing Ltd is the UK's leading integrator of HPC
clusters. Formed by ex-academics from Warwick and Oxford Universities,
the company has unrivalled expertise in scientific computing, parallel
computing, and Linux clustering. Streamline's customers include the
majority of the UK's research universities, and a large number of
high-profile commercial customers. See http://www.streamline-computing.com.
About Allinea Software Ltd.
For more information on Allinea Software, visit http://www.allinea.com
or email info@allinea.com