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May 20, 2002
NEWS RELEASE
Sun accepts Octet to iForce(sm) Application Provider Partnership Program
Sun Microsystems, Inc. (Sun), a leading provider of industrial-strength
hardware, software and services worldwide, recently officially accepted
Octet Corp. (Octet), a private New York software development company, to
its iForce Application Provider Partnership Program also known to the
industry as a Global Solution Partner (GSP) program.
Octet joins a score of other successful technology companies creating
intellectual property in the form of an integrated solution that
combines hardware and software for niche market applications. Octet was
recognized as an iForce Partner due to its proven track successfully
delivering the customized software to financial services companies.
Octet work meets the business needs, demonstrates innovation, and
benefits customers with fixed cost structure and good return on
investment.
Octet shall bring even more value now with the option to officially
procure the latest Sun equipment and Sun software solutions at special
discounts, and to provide prompt and competent pre- and post-sale
technical support as well as ongoing maintenance of software and
hardware. Octet will offer special deals for upgrading existing Sun
systems, and for converting competitive systems to the latest Sun
technology.
Participation in Sun Competency Training and Certification Programs,
tiered in three core levels, - Workgroup level, Enterprise level and
Specialist level, which focuses on specific areas of data management,
server clustering and Java solutions, - will enable Octet to apply even
higher standards to its software development processes and a line of
financial software products.
Octet will leverage access to the US Sun Partner Web for getting market
exposure via multiple directories of Sun service and product providers,
and obtaining up-to-the-minute information about Sun sales and
promotions. Other benefits of the partnership include:
- Enrollment to the Demonstration and Development Equipment Purchase
Programs allowing Octet to equip special showrooms and to demonstrate to
customers and partners the capabilities of Sun and Octet solutions;
- Assistance with Press Relations and Literature Production, including
direct mail campaigns helping to generate leads, publish marketing
materials and informational newsletters.
About Sun Microsystems, Inc.
Since its inception in 1982, Sun Microsystems, Inc. (Nasdaq: SUNW)
propelled itself to its position as a leading provider of
industrial-strength hardware, software and services that make the Net
work. Sun can be found in more than 170 countries and on the World Wide
Web at http://www.sun.com
About Octet Corp.
Octet Corp. is a private New York software development company. Octet
delivers fixed-cost turnkey solutions for line-of-business operations of
financial services institutions. Company's offering includes Octet
Trading PlatformTM incorporating scalable software architecture and
real-time financial online transaction processing know-how. Octet rolls
out WiseChartsTM, an advanced financial charting and technical analysis
software product. Octet participates in the industry-wide Straight
Through Processing (STP) initiative: its OcteT+1 GatewayTM would enable
STP-compliant integration of financial software systems. Octet can be
found on the World Wide Web at http://www.octet.com
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