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Latest News

Computational Resource Exchanges Exceeds One Million CPU Hours Per Month
Posted by Erik Weaver, Thursday July 07 2005 @ 12:55PM EDT

News Release

DRI, Computational Resource Exchanges Exceeds One Million CPU Hours Per Month.

Orlando, Fla. (July 08, 2005) - Digital Ribbon, Inc., with its sights becoming the world's leading exchange for high performance computational resources, recently added a high speed 97 node Beowulf cluster at the University of Central Florida Institute for Simulation and training (IST) to its stable of potential resources. This addition brings Digital Ribbon total capacity to more than 1,030,000 CPU hours per month at the market rate of around $.60 cents per hour.

Erik Weaver, chief executive officer at Digital Ribbon, said that the increased capacity positions the company as a leading exchange for the buying and selling of computational power worldwide.

- There are hundreds of companies worldwide that use enormous amounts of computational computer power for research and development work, Weaver explained. "We are moving into a knowledge-based economy, which requires tremendous amounts of computational resources."

- Companies with deep pockets have traditionally invest in mainframes, supercomputers and Beowulf clusters, but for small firms, startup firms and companies who need substantial power for short periods, we operate as an exchange, supplying resources in a secure pure on-demand format from 1 node to 1000 nodes on an hourly to monthly basis. "We are delivering a cost effective alternative help balance these highs and low's to bioinformatics, advanced simulation and oil and gas discovery markets."

The exchange creates a secure way to make IT department a revenue source and deliver larger ROI gains, while lowering capital requirements for short to medium length data intensive problems.

Digital Ribbon is in the process of expanding resources into the distributed environment, in efforts to develop complete source for computing resources :We are contracting to supply 25,000 computers by the end of this year in a controlled-distributed environment." said Weaver.

* * *

For more information, please contact:

Erik Weaver, Chief Executive Officer, Digital Ribbon, Inc., 321-206-4839 ceo(at)digitalribbon.com

http://www.digitalribbon.com


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