AIPEX and Solace Systems Announce Distribution Deal

Firms to Provide Messaging Infrastructure to Banking and Finance Sectors

AIPEX and content networking vendor Solace Systems announced a new partnership to assist Australian financial organisations in improving the speed and throughput of their data distribution networks.

Recent economic turmoil has highlighted just how quickly things move in the world of banking and finance, showing the need for sophisticated technology infrastructure to deliver instantaneous and reliable access to information. Banking today is as much about speed as it is about money.

AIPEX has signed on as the sole distributor of Solace%u2019s content networking systems in Australia to assist financial institutions in operating more efficiently and effectively in the global marketplace. Solace provides a unique hardware approach to messaging middleware, which is 10 to 50 times faster than traditional software middleware. With Solace, financial firms enjoy more scalable and more reliable financial data distribution with lower cost of ownership.

Trevor Townsend, Director AIPEX stated, "In competitive industries that rely upon the timely delivery of information, a matter of a few milliseconds in the dissemination of information can be the difference between make and break, a fact we have borne witness to in recent turbulent times. Aipex recognised the opportunity that Solace%u2019s hardware based networking solutions present to the financial sector and combined with our understanding and expertise in financial systems, we believe it offers a compelling solution to the Australian marketplace."

"Australia is a major player in the global financial economy and requires world class solutions to compete," said Crispin Clarke, Solace%u2019s vice president of business development. "We are pleased to be able to harness Aipex%u2019s expertise in bringing leading-edge solutions to the Australian financial community."

AIPEX and Solace Systems will be exhibiting in booth number 21 at the third annual Technology and Innovation %u2013 The Future of Financial Technology show being held at the Four Seasons Hotel in Sydney Australia.

About Solace Systems

Solace Systems  is a leading provider of content networking equipment for enterprises, information providers and service providers globally. With Solace hardware, distributed applications share high-throughput, low-latency content distribution in an easy to manage, lower cost of ownership form factor.