©Celoxica 2008. T: +44 (0)1235 863656
Press release
Celoxica announces accelerated computing contract with NYSE Euronext
8 July, 2008 — Celoxica Holdings plc (AIM: CXA) – which is at the forefront of accelerated and low-latency computing solutions, today announces the securing of a contract which will see the deployment of a Celoxica accelerated computing solution at NYSE Euronext.
Celoxica worked with NYSE Euronext to develop an FPGA for tracking multicast messages.
Under the terms of the contract, Celoxica's FPGA Accelerator will be incorporated into NYSE Euronext's network infrastructure.
With capital markets continuing to experience ever growing market data volumes, the need for monitoring tools to be able to handle current market data volumes and have the capability of processing significant additional volumes is vital. Celoxica's Accelerator helps to meet this need by providing both ultra-high capacity for processing volumes while achieving ultra-low single digit microsecond latency.
Lee Staines, CEO of Celoxica commented: "For an organisation such as NYSE Euronext to use our technology as part of their system monitoring tools is very gratifying."
The product is designed to integrate simply with existing Infrastructure and is offered on standard servers through standard programming interfaces. Architected solutions are designed to easily take advantage of future developments in accelerated computing as well as the investments of the major players in the chip and server market. Celoxica's Accelerator can process 10 million messages per second, which provides capability for market data volumes expected in and beyond 2009.
ENQUIRIES
Celoxica Holdings plc (www.celoxica.com)
Tel: +44 (0)1235 863 656
Lee Staines, CEO
ICIS
Tel: +44 (0) 20 7651 8688
Tom Moriarty,
Tel
:
+44 (0) 7843 260 623
Caroline Evans-Jones
Arbuthnot
Tel: +44 (0) 20 7012 2000
Tom Griffiths
Alasdair Younie
About Celoxica
Celoxica is a leader in accelerated computing solutions, with a focus on low latency, high volume market data feed processing for Financial Services. Headquartered in Abingdon, Oxfordshire and New York, Celoxica is a public company quoted on AIM at the London Stock Exchange (AIM: CXA).
Celoxica’s solutions combine accelerated hardware, firmware, Application Programming Interfaces (APIs) and professional services to provide competitive edge to traders in today’s automated and electronic trading environments.
For more information, please visit the company website at www.celoxica.com
