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Orlando, Fla. (June 9, 2005) – Digital Ribbon, Inc., a UCF
Technology Incubator client, has its sights on becoming the world’s
leading exchange for high performance computational resources.
The firm 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’s 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 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 traditionally invest in mainframes,
supercomputers and Beowulf clusters, but for small firms, startup
firms and companies who need substantial power for short periods,
we deliver those resources in a secure pure on-demand format from
one to 1000 nodes on an hourly to monthly basis,” Weaver
said. “We are offering a cost effective alternative to help
balance these highs and lows in bioinformatics, advanced simulation
and oil and gas discovery markets.”
The exchange creates a secure way to make the 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 an effort to develop complete sources
for computing resources. “We are contracting to supply 25,000
computers by the end of this year in a controlled-distributed environment.” said
Weaver.
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For more information, please contact:
Erik Weaver, Chief Executive Officer, Digital Ribbon, Inc., 321-206-4839
ceo@digitalribbon.com
Tom O’Neal or Carol Ann Dykes, UCF Technology Incubator,
407-882-0202
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
About the UCF Technology Incubator
Since its founding in 1999, the UCF Technology Incubator has
helped more than 80 emerging technology companies create over
$180 million in revenue and more than 600 new jobs with an average
salary of $59,000. As a result of this success, the UCF Technology
Incubator was recently named the 2004 Technology Incubator of
the Year by the National Business Incubation Association. Headquartered
in Research Park near the University, the Incubator is a true
collaboration in economic development between UCF, Orange County,
the City of Orlando the Florida High Tech Corridor Council and
the Metro Orlando Economic Development Commission. For more information,
please visit http://www.incubator.ucf.edu.
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