San Francisco, CA - February 18, 2008

San Francisco, CA – February 18, 2008 – Fitech Laboratories Inc., announced today the immediate availability of xTrade™ 3.8 for IBM DB2.
With this release, xTrade™ can now support large scale on-line applications for financial institutions with millions of accounts, such as banks and large security firms.

xTrade™ is a high performance framework to implement mission-critical financial on-line services built with database infrastructure. This framework provides standard system functions required for a financial trading system. xTrade™ provides unparalleled high-performance with the patented distributed caching technology for any systems having on-line accounts. It has been deployed more than 10 security firms for their internet trading systems.

Component-based development framework with built-in components that lowers the cost and shortens the period of development

xTrade™ is a framework with build-in components required for the development of Java-based enterprise systems. It is designed to build system efficiently by assembling or adding components for customer�fs needs. Addition or modification of its functions can be made flexibly realized by adding or removing some of the components. In this way, xTrade™ reduces cost and shortens the period of development.

High-performance with unique technology together with high quality basic functions for mission critical systems

xTrade™ provides basic functions such as scalability, availability and flexibility, which are must-haves for mission critical systems but are often time and cost consuming to develop. Fietch�fs state-of-the-art technology(US patent #6,615,317) such as distributed caching and high-speed clustering are implemented in xTrade™, achieving unparalleled performance and reliability. It also supports massive parallelism that can scale up on parallel machines with hundreds of cores, as well as more common multi-core systems with 4 to 16 cores.

xTrade™ is a trademark or a registered trademark of Fitech Laboratories, Inc. in Japan and other countries.

IBM and DB2 are trademarks or registered trademarks of International Business Machine in the United States and other countries.

Java is a trademark or a registered trademark of Sun Microsystems, Inc. in the United States and other countries.

Availability

xTrade™ 3.8 for DB2 has been released for the Windows, Solaris and Linux platforms and is available immediately.

CONTACT:  marketing@fitechlabs.com

About Fitech Laboratories, Inc.
Fitech Laboratories, Inc. is a leading provider of next generation software middleware technologies. By combining industry standards, service-oriented development expertise and latest technologies, Fitech Laboratories, Inc. enables organizations to drastically reduce development time and Total Cost of Ownership (TCO), while benefiting from a highly extensible, fast and reliable software infrastructure.



 News/Events