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S/Solace Systems

Solace Systems and Serisys Sign Distribution Agreement for China

2010-08-25 16:13
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OTTAWA, Ontario & HONG KONG--(BUSINESS WIRE)--Solace Systems, the leading provider of messaging middleware appliances, today announced that Serisys Solutions Limited will begin distributing Solace's hardware-based middleware products to financial firms in China.

Serisys provides IT and systems integration services to the capital and banking markets in Asia. This agreement allows Serisys, which is based in Hong Kong and has offices in Shanghai, Tokyo and Singapore, to sell and service Solace equipment to financial services providers throughout China including Hong Kong.

“Financial firms in China and Hong Kong are experiencing massive transaction volumes that are pushing existing systems to their limits,” said Crispin Clarke, regional vice president, Asia Pacific at Solace Systems. "Working with a visionary firm like Serisys improves our ability to bring the benefits of middleware appliances to leading financial firms in one of Asia’s fastest growing markets."

"We are delighted to add Solace to our portfolio of next-generation solutions for financial services," said H.K. Mo, CEO of Serisys. "We believe that hardware solutions are the next wave in the messaging solution lifecycle, and Solace offers all the benefits of traditional software-based messaging with much better performance and scalability."

About Solace Systems

Solace Systems (www.solacesystems.com) is the leading provider of messaging middleware appliances. Middleware, which has historically been software-based, enables disparate enterprise applications and information systems to share information. By performing this function in purpose-built hardware, Solace products accelerate information flow while reducing the cost and complexity of IT infrastructure. Solace products have been successfully deployed by global leaders in many segments of the financial services market (buy side firms, investment banks, exchanges, and financial information providers) and other markets such as government, telecommunications, transportation and logistics, and utility computing.

About Serisys

Serisys (www.serisys.com) provides IT services and solutions to the capital markets and banking industries in Asia. Serisys offers next generation, proven, world-class software platforms from Europe and North America to support the retooling of the capital markets in China, Japan and the rest of Asia. Serisys is headquartered in Hong Kong, with offices in Shanghai, Tokyo and Singapore, and provides application service provision (ASP), application implementation, and 24*7 application support of mission critical applications across Asia.

Contacts

For Solace Systems
Corporate/Media inquiries
Laura Slater, + 1 613-271-1010 x 1052
laura.slater@solacesystems.com
or
For Serisys
Kenneth Lau, + 852 2823 9508
Fax + 852 2376 3030
kenneth.lau[@]serisys.com