Kx Growth Continues With New Partner in Australia


PALO ALTO, California and SYDNEY, July 21 /PRNewswire/ --     Kx Systems, the leader in high-performance database and timeseries
analysis, is delighted to announce that it has signed a partnership agreement
with Hologram Business Intelligence, the Australian-based supplier of
business performance management solutions.

The relationship between the two companies goes back a long way and means
that they already have an in-depth understanding of each other's products and
businesses. The deal will see Hologram taking on the sales, support and
consultancy of Kx's Kdb+ database and its q language in Asia-Pacific. Kx
products may also be incorporated into Hologram's offerings in the future.

Hologram's extensive experience in array language development and
applications in the finance, banking and treasury industries makes it a
natural and easy fit with Kx. Hologram's business focus includes high
performance, real-time transaction monitoring and data information systems.
The company's principals have an established track record of working with
banks, exchanges and credit unions in development and consultancy in areas
such as treasury systems, anti-money laundering, risk management, compliance
reporting, portfolio management and trading systems. They have worked with
institutions around the world including the Bank of South Australia and
Societe Generale, as well as the stock exchanges of Singapore, Indonesia,
Istanbul and Oslo.

Janet Lustgarten, CEO of Kx Systems, comments, "We are very much looking
forward to working with Hologram and extending our product reach to Australia
and New Zealand. Their thorough understanding of our language and database
means that they will be able to help financial institutions in their region
make full use of the benefits provided by Kx products. I'm excited about the
opportunities offered by the partnership and of extending the Kx product
family to the region."

Says Guy Pitman, founder and director of Hologram, "We see great
potential for Kdb+ and q, particularly in the areas of real-time data
analysis and high-end database engines for data intensive applications in
finance, fraud, banking and other high volume transaction systems. With two
offices in Australia and eyes firmly set on New Zealand and Asia we are
exceptionally well positioned to build momentum and growth around Kx's
products." Pitman adds, "I believe that high-end transaction processing is
currently less sophisticated than it could be in Australia and New Zealand.
Working with Kx will allow us to offer an exceptional service to institutions
operating in this field."

Notes to Editors

About Hologram

Hologram Pty Ltd, is an Australian Business Intelligence company founded
in 2004 to develop and deliver future-proofed Business Performance Management
solutions. Hologram's founders have an extensive track record as developers
of highly successful Treasury Risk Management and financial reporting
software packages.

Hologram's attention to detail, meticulous programming skills and ability
to solve the most complex mathematical problems are invisible to end users
who benefit from ease-of-use, point and click drill-down, and instant access
to real-time modelling and reporting from enterprise systems.

The company has a strong focus on manufacturing and financial
institutions with customers including leading beverage companies, credit
unions, merchant banks and leasing. http://www.hologrambi.com

About Kx

Kx offers a unified approach to streaming, real-time and historical data
analysis with its high-performance Kdb+ database platform. Kdb+ provides a
portable 64-bit implementation of our expressive query and programming
language to analyze and store streaming events, manipulate in-memory and
on-disk databases, and build distributed low-latency applications.

Our focus is on delivering the best performance and flexibility for
high-volume, data-intensive analytics and applications. We built the
technology. You build your business. Visit http://www.kx.com

Editorial Contacts:
    Alla Lapidus
    Moonlight Media
    Tel: +44(0)20-7250-4770
    Email: alla@moonlightmedia.co.uk

© PR Newswire Association LLC.

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