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BW: J.P. Morgan and TurboLinux in Supercomputing Contract

Jul 18, 2000, 20:00 (2 Talkback[s])

"TurboLinux Inc., the high-performance Linux company, announced today that J.P. Morgan & Co. Incorporated has deployed TurboLinux's EnFuzion software to help power the firm's worldwide risk management system for fixed income derivatives."

"TurboLinux is delivering world-class, mission-critical enterprise clustering solutions that are platform independent into some of the most demanding IT environments in the world," said T. Paul Thomas, president and CEO of TurboLinux. "We're pleased to partner with J.P. Morgan and we are committed to providing them and our other enterprise customers with the best technology and services available."

"TurboLinux EnFuzion, released yesterday for general availability worldwide, is a software solution that runs on all major UNIX operating systems, as well as Linux and Windows NT. EnFuzion provides companies with a cost-effective, time-efficient way of performing computationally intensive calculations, such as those required for derivatives modeling. The software's ability to manage parallel executions allows thousands of stand-alone computers to be clustered together to create the power of supercomputers. EnFuzion runs existing customer applications without modification, and provides node failover and an automated job scheduling that takes advantage of idle CPU cycles on cluster nodes."

Press Release