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Lightstreamer & EDATA Partnership for the Middle East

Lightstreamer, the streaming engine for AJAX applications has signed a distribution partnership agreement with EDATA.

Bahrain, MEFTEC 11th February 2008 -- Lightstreamer and EDATA Tech & Consulting from Amman, Jordan have signed a partnership agreement where EDATA will distribute Lightstreamerís push technology in the Middle East.

"In order to meet the growing demand for real-time solutions in the region, we chose Lightstreamer because with this technology our Trading Platform will enter a new era as a sophisticated solid system in both business functionality and Technology perspective " Says Tareq Saleh CEO & Vice President at EDATA.

Lightstreamer is the leading push server for live data distribution based on the Ajax-Comet paradigm (also known as "AJAX Push"). Its server component implements a messaging system based on http that can manage thousands of streaming connections, where data is pushed to the many types of client (Ajax, Flex, Java, .Net, Mobile etc) in a real asynchronous fashion.

"We are delighted that EDATA has chosen to work with Lightstreamer and act as a strategic partner, both for marketing as well as the implementation of systems integration and Arabic localization services in the region" says Simon Walmsley Vice President of Sales at Lightstreamer.

About Lightstreamer
Lightstreamer is a scalable and reliable Server used to push live data to Rich Internet Applications. Based on the AJAX-Comet paradigm, it streams real-time data to any Web browser, without installing anything on the client. Both HTML and Flex applications can receive data from Lightstreamer, as well as traditional thick clients. Lightstreamer has been used in many mission-critical production systems, where scalability, low network impact, bandwidth management, adaptive streaming, and other advanced features, have proven fundamental. The development of Lightstreamer began in 2000, as part of a system Integratorís activity for the Italian financial market. In 2004 Lightstreamer was separated into an independent ISV (legal entity Weswit Srl) to provide 'push technology' to a wider global market. For more information see www.lightstreamer.com where several on-line demonstrations are available.

About EDATA
EDATA is a technology and consulting company, enabling the financial sector in the Middle East with brokerage and financial platforms. EDATA was established in 2005 and offers end-to-end total solutions that empower the independent, corporate and banking brokerage entities by aligning their business and technical needs.
In its offerings, EDATA seeks to meet the scalability, availability, and durability requirements, and on the business side, EDATA has comprehensive understanding of the stock brokerage sector, thus analytics, reporting, risk management, auditing and back office operations attain a great deal of importance.
EDATA trading platforms have been successfully implemented in large scale trading firms for real-time transactional support, user friendliness and straightforward integration within the over all enterprise architecture.
EDATA strives to offer low maintenance, high performance and premium quality applications. For more information on EDATA please visit our website www.edatatechconsulting.com.