Press Releases

Delivers Unprecedented Performance in Business Intelligence Reporting and Analytics on Big Data

San Francisco and Campbell, CA, January 11, 2012 — Birst, Inc., the leader in agile business analytics and ParAccel, Inc., provider of the world’s leading analytic platform, today announced that the two companies have partnered to power a scalable and sophisticated yet easy-to-use analytics solution for big data. Birst will leverage ParAccel’s analytic platform to further enhance the scalability of its business intelligence solution for complex and growing data sets, while ParAccel will use Birst’s front-end business intelligence solution to better visualize and manage the CRM applications used to run its business as well as in sales enablement.

“Whether companies elect to deploy their BI and analytics solutions in the cloud or on premise, the technology must deliver unsurpassed performance and scalability, especially when dealing with larger and more complex data sets,” said Chuck Berger, CEO for ParAccel. “The combination of Birst’s agile BI and ParAccel’s analytic platform enables companies to make sense of their big data and empowers business users to analyze a multitude of complex data types faster than ever before.”

Birst is a fully integrated Business Intelligence (BI) solution delivered in the cloud or on premise. It includes all of the components of an enterprise BI suite including data integration and ETL services, analytics, dashboards, pixel perfect and ad hoc reports, scheduling and delivery. ParAccel’s massively parallel, columnar, compressed and compiled approach delivers unmatched processing power.

“Birst has revolutionized traditional BI by delivering a much easier to deploy and use solution that can be run in the private or public cloud , yet still retain the enterprise capabilities one would expect from traditional big BI,” said Brad Peters, CEO and co-Founder of Birst. “With ParAccel’s ultra performance Birst is now extending these capabilities to the realm of big data, giving customers a way to unlock insights from ever-growing volumes of data.”

About ParAccel
To gain a competitive advantage in a fast paced, data-driven world companies need immediate answers to any business question they decide to ask. As the leading analytic platform provider, ParAccel accelerates analytics and opens the door for companies to accelerate, innovate, and compete. ParAccel Analytic Platform is an analytic database surrounded by extensibility and integration technology as a foundation for running big data analytics, anytime, anywhere. ParAccel’s Fortune 1000 customers, in digital media, retail, financial services, healthcare, and government, are testing the bounds of unconstrained analytics with the most prolific, most powerful, most expansive analytic platform in the world. For more information please contact us at info@paraccel.com or 866-903-0335.

About Birst
Birst™ is the leader in agile business analytics. It offers a single place to manage all of a business’ analytics and agility to answer questions that span departments, data sources, and deployments—across both public or private Clouds. Birst gives users the fastest way to answer their most pressing business questions—and then all the ones they didn’t know to ask. At one-third the cost, time, and staff of traditional big BI, Birst brings the benefits of analytics and fact-based decision-making to a much broader audience. For more information, visit www.birst.com.

ParAccel Honored with Red Herring Global 100 Award

CAMPBELL, Calif. (December 20, 2011) — ParAccel, Inc., provider of the world's leading analytic platform, today announced that it has been selected as a winner of Red Herring's Global 100 award, in recognition of the leading private companies from North America, Europe, and Asia.

“Choosing the best out of the previous two years was by no means a small feat," said Alex Vieux, Chairman of Red Herring. "After rigorous contemplation and discussion, we narrowed down our list from 1,100 potential companies to 100 winners. It was an extremely difficult process. ParAccel should be extremely proud of its achievement; the competition for the Top 100 was fierce. The Top 100 Global are truly the best of the best.”

Red Herring's Global 100 list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Skype, Baidu, Salesforce.com, YouTube, eBay and many others would change the way we live and work.

“ParAccel is empowering companies in a wide range of industries such as financial services, healthcare and retail to achieve unprecedented insights from their massive stores of internal and external data,” said Chuck Berger, ParAccel chairman and CEO. “Being selected as a Red Herring Global 100 company after its rigorous evaluation process validates our commitment to making ParAccel a world-class analytics leader by continuing to deliver game changing value to our customers.”

Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.

About ParAccel
To gain a competitive advantage in a fast paced, data-driven world companies need immediate answers to any business question they decide to ask. As the leading analytic platform provider, ParAccel accelerates analytics and opens the door for companies to accelerate, innovate, and compete. ParAccel Analytic Platform is an analytic database surrounded by extensibility and integration technology as a foundation for running big data analytics, anytime, anywhere. ParAccel’s Fortune 1000 customers, in digital media, retail, financial services, healthcare, and government, are testing the bounds of unconstrained analytics with the most prolific, most powerful, most expansive analytic platform in the world.

For more information please contact us at info@paraccel.com or 866-903-0335

Accelerates Time to Analytic Value by Rapid Deployment of Test and Development Environments

SC11, Seattle, WA - November 14, 2011— Kove and ParAccel today announced a new, joint solution available on Dell’s PowerEdge servers and Kove XPD2 Storage that enables near instantaneous analytic database duplication.  The solution combines the leading analytic platform and the leading high-performance DRAM storage, with Dell’s enterprise- class server.  The Kove-ParAccel database duplication solution enables the rapid delivery of an analytic sandbox clone that can be used by business analysts, or a quick provisioning clone for development and test in traditional on-premise environments.

“The collaboration between ParAccel and Kove using Dell servers  will enable innovative use cases for our powerful analytics platform, including the ability to Clone data to aid test and development of new analytics while increasing the quality of the data mart to the business or by deploying a parallel environment that can model an additional scenario.” said Chuck Berger, CEO for ParAccel.

In the cloning tests described above the XPD2 storage was mesh-connected to Dell PowerEdge servers running the ParAccel Database at R Systems hosting facility. Holding world records for latency, IOPS, and bandwidth, Kove’s XPD2 is the world’s fastest storage based on achieving the 14 fastest STAC-M3 Benchmarks ever.  Kove Direct Storage Access KDSAä technology outperforms all other storage media, including Flash memory and spinning disks, maintains consistent speed at any capacity level, up to 100%, and does not degrade over time. 

“This collaboration in deploying the Kove Xpress Memory Disk is a continuation of our leadership in high performance storage, providing real world solutions for those who need the absolute fastest storage available,” states Kove CEO, John Overton.  “The XPD2 connects directly to storage fabrics via standard Fibre Channel and InfiniBand interconnects, while reducing end-to-end application latency beyond any other available storage.”

"With rapid data growth and requirements for even faster analysis, customers are challenged to find more efficient ways to solve this problem," said Bob Barris, vice president of Global Sales, Banking and Securities at Dell.  “Dell continues to look for new ways to help enterprise database customers improve IT efficiency and today’s demonstration reinforces that there are affordable solutions to rapidly analyze data."

ParAccel running on Kove premium high performance storage benefits a number of real world use cases, especially in Financial Service in the areas of Risk, Fraud, and Trading. 

• In Risk Management, stress testing does far more than simply keeping regulators at bay: it helps executives make better strategic decisions, and determines if their future plans will drive optimal profits with acceptable exposure to multiple sources of risk.  The combined solution enables a centralized platform for holistic risk analysis – across all categories of risk such Counter-Party Credit Risk, Market Risk, etc. The ability for virtually unlimited scaling of datasets and analytic complexity provides a unified platform for risk assessment across the entire organization. 
• In Trading, the combined solution enables firms and traders to perform unconstrained back-testing at unprecedented speeds along any dimension across the entire dataset – ranging from TBs to PBs of trading data. The combined solution also delivers extreme performance for HFT (high frequency trading) platforms using industry-standard building blocks. 
• In Fraud Detection, ParAccel enables firms to parallel load massive amounts of data concurrent with queries to ensure that Fraud Analysts have access to the most current data, mitigating significant financial losses by putting the lid on crime at the point of sale.

See Kove at SC2011 High Performance Computing Conference being held on November 14 to November 17 in Seattle, WA. Kove will be in the Intel Channel Pavilion # 2425 on Wednesday, November 16 and Thursday, November 17.

About Kove
Formed in 2004, Kove is a pioneering leader in high performance storage.  Kove provides patented, core technology components to solve the most challenging storage and data management needs.  Kove helps eliminate storage bottlenecks across a wide variety of applications in both the Financial and High Performance Computing markets. Kove XPD2 provides faster access to information and this means faster time to analysis and faster time to profitability. Visit http://kove.com.

About ParAccel
To gain a competitive advantage in a fast paced, data-driven world companies need immediate answers to any business question they decide to ask. As the leading analytic platform provider, ParAccel accelerates analytics and opens the door for companies to accelerate, innovate, and compete. ParAccel Analytic Platform is an analytic database surrounded by extensibility and integration technology as a foundation for running big data analytics, anytime, anywhere. ParAccel’s Fortune 1000 customers, in Digital Media, Retail, Financial Services, Healthcare, and Government, are testing the bounds of unconstrained analytics with the most prolific, most powerful, most expansive analytic platform in the world. For more information please contact us at info@paraccel.com or 866-903-0335

About R Systems
Founded in 2005, R Systems provides technical expertise and optimized HPC cluster resources to the commercial and academic research communities.  Visit www.rsystemsinc.com.

On demand analytic platform accelerates time to market, reduces project risk, and cost.

Campbell, California, November 2, 2011 – ParAccel, Inc., developer of the world’s most powerful analytic platform, today announced ParAccel Cloud Edition available for deployment on premise in a private cloud or in a public cloud. ParAccel Cloud Edition speeds time to analytic value allowing near instant deployment of the ParAccel Analytic platform, reducing project risk and allowing enterprise customers to provision just the amount of storage and compute power they need.

Successful enterprises realize they can significantly accelerate revenue growth and profitability by unlocking the value of the data they collect from their business operations and customer interactions. Legacy databases and data warehouses are unable to process the volume of data, the variations in data types, or the complexity of analytics in a timely manner. ParAccel has developed an analytic platform that allows enterprises to conduct analytics that were not previously possible with these legacy database vendors. 

ParAccel Cloud Edition allows enterprises to quickly provision an analytic platform right sized for the task at hand and to adjust the compute resources as the workload varies. ParAccel Cloud Edition also allows enterprises to shift resources between functions as needed in either a public or private cloud.

ParAccel Cloud Edition includes the ParAccel analytic database which enables integrated analytics through an extensibility framework as the foundation for complex analytics on large, varied datasets. Future versions of the Cloud Edition will include a provisioning tool that provides an intuitive interface and allows end users to set up this analytic platform in a matter of minutes. With this tool, and in order to speed the adoption of analytic “sandboxes,” the end users will find their sandbox already populated with prebuilt and off-the-shelf analytic functions and the capability to provision all required data. The solution will support the delivery of custom analytics and the rapid provisioning of multiple analytic instances. The result is rapid spin-up and spin-down of sandbox deployments, plus the ability to transfer into production with the click of a button.

“Our customers want to focus on the business value of analytics; they don’t want to worry about all the technology behind that effort,” said Chuck Berger, chairman and CEO of ParAccel. “Jumping onto the cloud or becoming a cloud provider within the walls of their organization sets the stage for new business applications that drive profitability and reduce risk.”

About ParAccel

To gain a competitive advantage in a fast paced, data-driven world companies need immediate answers to any business question they decide to ask.  As the leading analytic platform provider, ParAccel accelerates analytics and opens the door for companies to accelerate, innovate, and compete. ParAccel Analytic Platform is an analytic database surrounded by extensibility and integration technology as a foundation for running big data analytics, anytime, anywhere.  ParAccel’s Fortune 1000 customers, in Digital Media, Retail, Financial Services, Healthcare, and Government, are testing the bounds of unconstrained analytics with the most prolific, most powerful, most expansive analytic platform in the world.

For more information please contact us at info@paraccel.com or 866-903-0335

Rich Ghiossi Named Vice President of Marketing;
Alok Srivastava Joins as Vice President of Engineering

Campbell, Calif. – Oct. 25, 2011 – ParAccel, Inc., provider of the world's leading analytic platform, today announced it has made two strategic additions to its management team, rounding out the most experienced team in the big data analytics market. Rich Ghiossi, with more than thirty years of experience in marketing and business development in the data warehousing and business intelligence industry, has been appointed vice president of marketing. Alok Srivastava, with twenty-five years of experience in enterprise software R&D, engineering, product management and operations has been named vice president of engineering. The addition of Ghiossi and Srivastava positions ParAccel to continue its successful mission of helping companies use analytics to innovate, accelerate, and compete to win.

"In the last twelve months we have experienced tremendous momentum in all areas, including Amazon’s strategic investment in ParAccel, our continuing addition of new customers and strategic partners, and our aggressive pace of product innovation," said Chuck Berger, CEO at ParAccel." The addition of two experienced executives like Rich and Alok well positions us for continued success in 2012 and beyond."

Ghiossi will lead ParAccel's overall marketing efforts, driving its visibility and value in the rapidly growing data analytics market. He is a Silicon Valley industry veteran with deep experience at companies ranging in size from startup innovators to some of the world’s largest technology companies. Most recently Ghiossi was at Hewlett-Packard where he was responsible for evaluating innovative emerging technology for the company's business intelligence solutions unit. Earlier in his career, he also led marketing efforts for fast growing companies in business intelligence and analytics including Sagent Technology, Hyperoll and Whitelight Systems.

Srivastava will oversee ParAccel's engineering and development teams, helping to translate innovation into sustainable and measurable value for ParAccel's customers and partners. Prior to joining ParAccel, Srivastava was on the executive management team at Delphix Corporation, a startup in database virtualization where he helped build the company from the ground-up, leading the development of their product and building the development team. Before Delphix, Srivastava was director of engineering at Oracle for twelve years where he led multiple R&D and multi-platform engineering teams in U.S and India. During his tenure at Oracle, Srivastava was responsible for much of the innovation and development of their cluster database technology.

About ParAccel

In today's analytics-driven environment, gaining fast and accurate business insights from massive volumes of data provides significant strategic advantage. As the leader in the high performance Analytics Platform market, ParAccel enables organizations to address their most dynamic and complex analytic challenges and rapidly gain ultra-fast, deep insights from very large data sets. ParAccel’s Fortune 1000 customers include companies in the Financial Services, Retail and Healthcare industries, as well as government agencies. Each organization uses ParAccel to address their business-critical data issues outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335

Analytic Platform offering unleashes analytic backlog, frees valuable data warehouse resources

Campbell, Ca. and Tysons Corner, Va., September 27, 2011 – ParAccel, Inc., provider of the world’s leading analytic platform, together with MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that they have extended their strategic partnership. The alliance builds upon a recent announcement that ParAccel’s analytic acceleration technology will be a core component of MicroStrategy’s social media analytics applications as well as a high performance option for MicroStrategy Cloud customers. To support these applications, ParAccel has invested dedicated resources, provided comprehensive access to its software, and committed to delivering specific product enhancements that will optimize the integration of ParAccel’s analytic engine with MicroStrategy’s products and offerings.

“ParAccel’s analytic engines are ideally suited to power MicroStrategy social, mobile, and business intelligence applications,” said Michael J. Saylor, chairman and CEO of MicroStrategy. “Working with ParAccel, MicroStrategy is committed to delivering critical new services like MicroStrategy Cloud and Gateway for Facebook that empower companies to tap into enterprise and social networking data to improve insight and business decision making.”

ParAccel, the leading analytics platform, is designed specifically for accelerating complex analytics on extremely large and diverse sets of data. MicroStrategy has installed ParAccel in its High Performance and Scalability Lab to perform testing and to better support joint customers.

“ParAccel and MicroStrategy provide innovative solutions where big data and analytics are a significant source of enduring competitive advantage,” commented Chuck Berger, CEO at ParAccel. “We’re excited about this strategic partnership with MicroStrategy and the opportunity to accelerate analytics with enterprise customers. Our joint work on MicroStrategy Cloud and Gateway for Facebook is the first of what we anticipate will be many key initiatives that will deliver strategic solutions for the customers of both companies.”

About MicroStrategy

Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy software enables leading organizations worldwide to analyze the vast amounts of data stored across their enterprises to make better business decisions. The MicroStrategy platform delivers actionable information to business users via the web and mobile devices, including the iPad, iPhone, and BlackBerry. Companies choose MicroStrategy for its ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its website. To learn more about MicroStrategy (NASDAQ:MSTR), visit www.microstrategy.com and follow us on Facebook (http://www.facebook.com/microstrategy) and Twitter (http://www.twitter.com/microstrategy).

MicroStrategy, MicroStrategy Business Intelligence Platform, and MicroStrategy Cloud are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

About ParAccel

In today’s analytics-driven environment, gaining fast and accurate business insights from massive volumes of data provides significant strategic advantage. As the leader in the high performance Analytics Platform market, ParAccel enables organizations to address their most dynamic and complex analytic challenges and rapidly gain ultra-fast, deep insights from very large data sets. ParAccel’s Fortune 1000 and government agency customers use ParAccel to address their critical data issues outside the scope of conventional data warehouses and existing analytic tools. ParAccel is committed to delivering the best in class analytic platform purpose-built to support analytics at any scale and in any on premise or cloud based deployment model.

For more information please contact us at info@paraccel.com or 866-903-0335

Analytic Platform offering unleashes analytic backlog, frees valuable data warehouse resources

Campbell, Calif. –August 10, 2011 – ParAccel, Inc., provider of the world’s leading analytic platform, today released its Analytic Offload Solution, a combination of products and services developed for offloading analytic workloads from data warehouses.  The new solution drives more accurate decisions, uncovers previously hidden risks and opportunities, and improves price performance by up to 100 times.[1]

As more organizations conduct complex analytics on sophisticated workloads, the traditional Business Intelligence (BI) infrastructure cannot keep up with the pace. Consequently, companies restrict access to important data or limit access by providing summarized data, which may result in inaccurate business decisions. For companies whose analytics were previously constrained, the solution aligns workloads with the right platforms, opens the door to new business innovation, and extends the life of existing data warehouse investments.

Offloading is built on the ParAccel Analytic Platform, an analytic database surrounded by extensibility and integration technology that serves as a foundation for analytics across the enterprise. In addition, ParAccel is launching a set of services designed to help companies identify the right workloads for offloading, quick start the analytic process, and rapidly progress to new application areas.

“We are seeing an increased demand across multiple industries for cross-organizational analytics programs, driven by new data sources like sensors and mobile transactions,” said Wayne Eckerson, director of Research at TechTarget. “Today, more executives and business leaders understand the high value of analytics and expect their organizations to expand the number of decisions that are driven by data.”

ParAccel’s new Analytic Offload Solution lets analytic-driven companies  analyze any amount of data. They can quickly access, import, and integrate data and analytic sources  from all areas across the organization. The offload process allows companies to experience more powerful analytic technology without disrupting data center standards. More importantly, the new solution enables them to rapidly spin-up and spin-down analytic data marts.

“Our customers demand an analytic solution that gives them speed and agility while answering the most complex and sophisticated questions asked by the business,” said Chuck Berger, chairman and CEO of ParAccel. “Adding ParAccel to their existing data infrastructure sets the analytic stage for new business applications and results that drive profitability and reduce risk.”

The solution sets the stage for unconstrained analytic performance regardless of the scale of data or the complexity of the analysis. Companies adopting the offload strategy are now able to span the entire analytic lifecycle from discovery to operational analytics.

[1] Based on an internal proof of concept where the ParAccel Offload Solution increased performance ten times at one-tenth of the cost, compared to upgrading the existing data warehouse platform.

ParAccel to Build MicroStrategy-Specific Enhancements to Further Optimize Performance

Monte Carlo, Monaco, Dateline − MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, and ParAccel, Inc., today announced they have extended their relationship to make ParAccel’s high performance analytical technology a core component of MicroStrategy’s social applications and an option for MicroStrategy Cloud customers. To support these applications, ParAccel has invested dedicated resources, provided unlimited access to its software, and is committed to delivering specific product enhancements that will optimize the integration of ParAccel’s analytic engine with MicroStrategy Cloud.

MicroStrategy Cloud is designed to enable rapid, cost-effective development of business intelligence, mobile and social apps. The first purpose-built cloud service architected and optimized for large data volumes, high concurrency, and high performance, MicroStrategy Cloud makes the complete MicroStrategy platform available to customers, enabling them focus on core competencies rather than maintain their own infrastructure and software .

ParAccel, a leading analytics platform, is designed specifically for high performance, complex analytics at any scale.  Through its on-demand analytics capabilities, ParAccel can leverage any analytic method and integrate all types of structured and unstructured data, resulting in rapid and deep insights for the most dynamic and complex data challenges.

ParAccel delivers this performance with the high levels of flexibility required for cloud deployments, prompting Amazon.com, a recent investor in ParAccel, to state that ParAccel was causing the industry “to rethink databases in the cloud.” From its inception, the ParAccel analytic platform was envisioned to meet the extreme requirements of Big Data cloud implementations, scaling to hundreds of nodes, thousands of users, and petabytes growing to exabytes of data. .  ParAccel is designed to provide the flexibility for deployment on any data center infrastructure and is optimized for virtualized environments, making it a natural choice to power MicroStrategy social applications.

“ParAccel and MicroStrategy share a common goal of enabling organizations to quickly and easily use the cloud to develop and deploy friendly, social, mobile and viral business intelligence applications,” said Sanju Bansal, COO of MicroStrategy.  “MicroStrategy Cloud will combine the power and flexibility of ParAccel’s analytical engine with MicroStrategy’s industry-leading business intelligence, enabling organizations to deliver large scale applications faster and more cost effectively than ever before.”

“We are excited to participate in the next generation of cloud-based analytic services,” commented Chuck Berger, chairman and CEO of ParAccel.  “MicroStrategy is an ideal partner for ParAccel as both of our companies are focused on providing best-of-breed analytic solutions to organizations where information analysis is understood to be a significant competitive advantage.”
For more details, visit http://www.microstrategy.com/montecarlo2011.

About ParAccel

In today’s analytics-driven environment, gaining fast and accurate business insights from massive volumes of data provides significant strategic advantage.  As the leader in the high performance Analytics Platform, ParAccel enables organizations to address their most dynamic and complex analytic challenges and rapidly gain ultra-fast, deep insights from very large data sets.  ParAccel’s Fortune 1000 customers include companies in the financial services, retail and healthcare industries, as well as government agencies.  Each organization uses ParAccel to address their business-critical data issues outside the scope of conventional data warehouses and existing analytic tools.

About MicroStrategy

Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy software enables leading organizations worldwide to analyze the vast amounts of data stored across their enterprises to make better business decisions. The MicroStrategy platform delivers actionable information to business users via the web and mobile devices, including the iPad, iPhone, and BlackBerry. Companies choose MicroStrategy for its ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its website. To learn more about MicroStrategy (Nasdaq: MSTR), visit www.microstrategy.com and follow us on Facebook (http://www.facebook.com/microstrategy) and Twitter (http://www.twitter.com/microstrategy).

MicroStrategy, MicroStrategy Business Intelligence Platform, and MicroStrategy 9 are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

Campbell, CA – July 7, 2011 – ParAccel, Inc., provider of the world’s leading analytic platform, today announced that it has closed its latest funding round.  Amazon.com, Inc. (NASDAQ: AMZN) joins ParAccel’s existing investors, Menlo Ventures, Mohr Davidow Ventures, Bay Partners, Walden International, Tao Venture Capital Partners and Silicon Valley Bank in the financing.  The Company will use the investment to capture the growing demand for ParAccel’s Analytic Platform and extend its technology lead.

“Powerful database solutions help customers with their most complex analytics work involving large data sets,” said Jeff Blackburn, senior vice president of business development for Amazon. “ParAccel has an industry-leading solution and is rethinking databases for the cloud – we’re excited to back such a strong team.”

“Our investors recognize the value of conducting unconstrained analysis on massive amounts of data to generate business insight in near real time. ParAccel enables large enterprises to use all of their data in ways that were previously not possible to drive business success,” commented Chuck Berger, ParAccel’s chairman and CEO.  “ParAccel’s software platform delivers the highest absolute performance as well as the best price – performance on industry standard hardware avoiding the high cost of custom appliances and leveraging customers’ existing IT staff and infrastructure.”

The amount of the financing was not disclosed.

About ParAccel

In today’s analytics-driven environment, gaining fast and accurate business insights from massive volumes of data provides significant strategic advantage.  As the leader in the high performance Analytics Platform, ParAccel enables organizations to address their most dynamic and complex analytic challenges and rapidly gain ultra-fast, deep insights from very large data sets.  ParAccel’s Fortune 1000 customers include companies in the financial services, retail and healthcare industries, as well as government agencies.  Each organization uses ParAccel to address their business-critical data issues outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335, or visit us athttp://www.paraccel.com.

Amazon.com Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management’s expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com’s financial results is included in Amazon.com’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.

CAMPBELL, Calif. (June 17, 2011)– ParAccel, Inc., provider of the world’s leading analytic platform, today announced that it has been selected as a winner for Red Herring’s Top 100 North America award, a prestigious recognition of the Top 100 leading private companies in North America.

Red Herring’s Top 100 North America list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe ParAccel embodies the vision, drive and innovation that define a successful entrepreneurial venture. ParAccel should be proud of its accomplishment, as the competition was very strong.”

“This award win further validates the enormous impact ParAccel has had on global organizations in the world’s most competitive markets and reflects our company’s accelerated growth and innovation during the last 12 months,” commented Chuck Berger, ParAccel chairman and CEO. “We will continue to make significant investments in technology, support and services to ensure our enterprise customers have access to the high performance analytics-driven solutions they need to power their businesses.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.

About ParAccel

In today’s analytics-driven environment, gaining fast and accurate business insights from massive volumes of data provides significant strategic advantage.  As the leader in the high performance Analytics Platform market, ParAccel enables organizations to address their most dynamic and complex analytic challenges and rapidly gain ultra-fast, deep insights from very large data sets.  ParAccel’s Fortune 1000 customers include companies in the financial services, retail and healthcare industries, as well as government agencies.  Each organization uses ParAccel to address their business-critical data issues outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335

Company to Demonstrate Breakthrough High Performance Analytics on NYSE Technologies’ Data Products at the Upcoming SIFMA Conference

Campbell, CA. – June 13, 2011 – ParAccel, Inc., provider of the world’s leading analytic platform, today announced that it has joined the NYSE Technologies Market Data Partner Program and released a utility that makes it significantly easier to conduct breakthrough analysis on market data generated by NYSE Technologies, a division of NYSE Euronext (NYSE: NYX). ParAccel is demonstrating its advanced analytic capabilities on NYSE Technologies market data at SIFMA’s Financial Services Technology Leaders Forum, being held this week in New York City from June 14-16.

Trade data volumes continue to grow at breakneck speeds, driven by increasingly complex trading strategies that use highly sophisticated automated trading systems. For financial institutions to maintain competitive advantage in capital markets, they must be able to scale their analysis faster than their data growth rates. These firms are starting to recognize that their traditional analytic solutions will not keep pace with the new generation of extreme analytic requirements.

“Firms trading in markets around the world rely on NYSE Technologies to deliver market data quickly and efficiently to help them optimize trading strategies across multiple exchanges and asset classes,” said Seth Payne, Historical Data Product Manager at NYSE Technologies.   “The ParAccel platform is another way we are helping customers better execute their business transactions by rapidly integrating critical data into their analytic platform.”

A number of the world’s largest financial institutions have turned to the ParAccel Analytic Database (PADB) to power their business. The release of the ParAccel Integration Utility makes it even easier for new and existing customers to more easily leverage the massive amounts of financial data available through NYSE Technologies’ global data products. Leveraging analytic integration capabilities released recently in PADB 3.1 , the utility loads and transforms NYSE Technologies Daily TAQ, OpenBook, and ArcaBook historical data sets at unprecedented speeds directly into ParAccel’s analytic platform. Complex analysis, such as back testing of trading strategies, can be immediately executed without delay, avoiding the need for a manual, cumbersome process to obtain, pre-process and manually load the information.

“It is important that analytic platforms be able to support not only huge amounts of data but the widest range of data sources,” said Barry Zane, founder and CTO. “Our integration with NYSE Technologies illustrates our commitment to delivering these capabilities to our customers in a wide range of industries.”

The ParAccel Integration Utility is available immediately for NYSE Technologies’ Daily TAQ, ArcaBook and OpenBook historical data sets. ParAccel is also planning to release interface utilities for additional NYSE Technologies data feeds and financial market data solutions.

ParAccel will be demonstrating high performance analytics on NYSE Technologies data at Booth #2503 at the SIFMA Financial Services Technology Leaders Forum. To schedule an appointment in advance, contact ParAccel at 866-903-0335 or email info@paraccel.com

About ParAccel

In today’s analytics-driven environment, gaining fast and accurate business insights from massive volumes of data provides significant strategic advantage.  As the leader in the high performance Analytics Platform market, ParAccel enables organizations to address their most dynamic and complex analytic challenges and rapidly gain ultra-fast, deep insights from very large data sets.  ParAccel’s Fortune 1000 customers include companies in the financial services, retail and healthcare industries, as well as government agencies.  Each organization uses ParAccel to address their business-critical data issues outside the scope of conventional data warehouses and existing analytic tools.

About NYSE Technologies

A division of NYSE Euronext (NYX), NYSE Technologies provides broadly accessible, comprehensive connectivity and transaction capabilities, data and infrastructure services, and managed solutions for a range of customers requiring next-generation performance and expertise for mission critical and value-added trading services. NYSE Technologies offers a diverse array of products, services and solutions to: the Buy Side, including order routing, liquidity discovery and access to a community of over 630 Broker-Dealers and execution destinations globally; the Sell Side, including high performance, end-to-end messaging software and innovative market data products delivered on the world’s largest, most reliable financial transaction network; and Market Venues and Exchanges, including multi-asset exchange platform services, managed services and expert consultancy. With offices across the U.S., Europe, and Asia, NYSE Technologies offers advanced integrated solutions for the global capital markets community, earning the ability to power trading operations for many of the world’s best financial institutions and exchanges. For additional information visit: www.nyse.com/technologies.

For more information please contact us at info@paraccel.com or 866-903-0335

ParAccel Analytic Database 3.1 Introduces Analytic Integration, ParAccel’s Strategy to Incorporate the Broadest Range of Tools and Data Sources into Its Industry Leading Analytic Platform; Company Announces Aggressive Hiring Plans to Accelerate Innovation

Campbell, CA. – June 09, 2011 – ParAccel, Inc., provider of the world’s leading analytic platform, today announced the latest version of its core technology.  ParAccel Analytic Database 3.1 (PADB 3.1) introduces analytic integration, a critical technology direction integral to the company’s long-term strategy.  With analytic integration, analysts can now address their most complex challenges by incorporating the widest range of analytic tools and data sources into PADB 3.1, which can then serve as the analytic hub of the organization.

“ParAccel’s analytic integration strategy is a key element for supporting the analytics-driven enterprise,” said Shawn Rogers, vice president of research for business intelligence and data warehousing at Enterprise Management Associates.  “By integrating all data and analytic tools across the enterprise, organizations can leverage their existing information assets and enable their analytic users to make the most informed business decisions.”

ParAccel also introduced enhanced disaster recovery capabilities and continues to build on its industry-leading analytic performance.  In addition, ParAccel announced that it is aggressively hiring engineers in its Silicon Valley and San Diego facilities and in the field to support and extend the company’s pace of innovation and customer-centric focus.

“In November 2010, ParAccel further raised the bar in the analytic database market by redefining performance and extensibility with the introduction of PADB 3.0,” commented Barry Zane, founder and CTO, ParAccel.  “Now, with this latest version, we continue to push the boundaries of what is possible by delivering true analytic integration that combines all data sources and data types within one powerful analytic query.  We are accelerating our pace of innovation and are laser-focused on redefining the technical capabilities of complex analytics.”

The new features and enhancements in PADB 3.1 include:

• Analytic integration capabilities:  Through seamless integration with other data sources and analytic systems, customers and organizations can now combine all internal and external data sources, both structured and unstructured, to maximize their return on investment.  PADB 3.1’s initial offerings include high performance parallel connectors for legacy databases and Hadoop along with a flexible framework for integrating any proprietary or standard data source.
• Enhanced disaster recovery capabilities:  PADB 3.1 introduces online, incremental backup and restore capabilities as well as increased uptime.
• Significant performance leadership:  PADB 3.1 platform builds upon its existing industry-leading performance – delivering up to 20 times faster execution of complex analytics queries.  Enhancements to the Omne Optimizer, Storage and Networking Subsystems are also included in the new version of PADB 3.1.

Based on the success of ParAccel’s technology, the company is also increasing  its corporate headcount in Silicon Valley and San Diego as well as worldwide staffing across all disciplines with an emphasis on engineering and sales.

About ParAccel

In today’s analytics-driven environment, gaining fast and accurate business insights from massive volumes of data provides significant strategic advantage.  As the leader in the high performance Analytics Platform market, ParAccel enables organizations to address their most dynamic and complex analytic challenges and rapidly gain ultra-fast, deep insights from very large data sets.  ParAccel’s Fortune 1000 customers include companies in the Financial Services, Retail and Healthcare industries, as well as government agencies.  Each organization uses ParAccel to address their business-critical data issues outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335

Campbell, Calif.—May 26, 2011— ParAccel, Inc., provider of the world’s leading analytic platform, announced its participation this week in the Business Analytics Innovation Summit in Chicago, IL from May 26-27. Bala Narasimhan, director of Product Management at ParAccel, will discuss how business analytics are evolving for global companies as a result of big data requirements. Narasimhan will also moderate a panel discussion with executives from several leading global organizations on the game-changing impact of innovative analytic platforms. The Summit, which attracts senior executives operating in the areas of planning and forecasting, aims to bring forward-thinking business leaders together to shape revolutionary ideas that ultimately spark innovation in business analytics.

Session: “Business Analytics in the Big Data Analytics Age”

Speakers: Bala Narasimhan, Sr. Director, Product Management, ParAccel

Date: Thursday, May 26 from 4:00 – 4:30 p.m. CT

Location: Westin Michigan Avenue Hotel, Chicago

Panel: “How the Revolution in Analytics will Transform Your Business”

Moderator: Bala Narasimhan, Sr. Director, Product Management, ParAccel

Participants: Jeremy TerBush, Wyndham, Srinivas Raghaven, Verizon, Carlos Costa, BNY Melon and Rick Glick,ParAccel

Date: Thursday, May 26 from 4:30 – 5:30 p.m. CT

Location: Westin Michigan Avenue Hotel, Chicago

For more information on the event, please visit http://www.theiegroup.com/Business_Analytics/Overview.html

About ParAccel

In today’s analytics-driven environment, gaining fast and accurate business insights from massive volumes of data provides significant strategic advantage.  As the leader in the high performance Analytics Platform market, ParAccel enables organizations to address their most dynamic and complex analytic challenges and rapidly gain ultra-fast, deep insights from very large data sets.  ParAccel’s Fortune 1000 customers include companies in the Financial Services, Retail and Healthcare industries, as well as government agencies.  Each organization uses ParAccel to address their business-critical data issues outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335

Industry Expert in Capital and Equity Markets Joins Forces with Leader in Analytic Database Solutions for Big Data

Campbell, Calif. – May 16, 2011 – ParAccel, Inc., provider of the world’s leading analytic platform, today announced the appointment of Minder Cheng to its strategic advisory board. Cheng brings more than two decades of experience as a pioneer and leader with several of the world’s leading financial services organizations to ParAccel and will work directly with the company’s executive team to help expand its value within this critical industry.

“The 2007 financial crisis illustrated that global financial services companies require sophisticated technologies that can keep up with the  growing volumes of data and the complexities of extreme financial analytics,” said Minder Cheng. “Technology innovators like ParAccel are enabling these companies to solve the challenge of implementing effective risk management controls across all of their financial instruments and meet the strict compliance requirements of new regulations such as Dodd Frank and Basel III. I am excited about joining the strategic advisory board at ParAccel and helping the company develop ideal technology frameworks for the world’s leading financial services companies.  Many of these firms have already adopted the ParAccel Analytic Database as a key technology for running their business.”

Cheng has spent his career in strategic management roles at the world’s leading financial institutions.  Until July 2010, Cheng was with BlackRock in San Francisco as chief investment officer for index equity and capital markets as well as a member of the firm’s operating committee. Cheng joined BlackRock following its 2009 acquisition of Barclays Global Investors (BGI), where he was a member of the firm’s executive committee and worked in a variety of positions for 10 years, including as chief investment officer of BGI’s equity and capital markets worldwide. Within this critical role, he was responsible for active equity, index equity, transition management, securities lending and cash products, as well as securities finance, corporate governance, and equity, foreign exchange and futures trading activities. Cheng has also held research, strategy and proprietary trading roles at Convergence Asset Management in Connecticut, Sumitomo Finance International in London, Salomon Brothers in Tokyo, and the New York Stock Exchange in New York. In addition to serving on ParAccel’s strategic advisory board, Cheng serves on the board of directors at Investment Technology Group, a leading agency research broker and financial technology firm.

“From the beginning, the financial services industry has been a critical focus for ParAccel and we continue to maintain a laser focus on the requirements of the leaders in this hypercompetitive and complex market,” said Chuck Berger, CEO at ParAccel. “Minder has unmatched expertise and experience in equities and capital markets and will be valuable in helping us further our leadership in delivering the ideal solutions to solve the most complex analytic and big data challenges.”

About ParAccel

ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335

CTOs from both companies to present how interclick leverages ParAccel’s high-performance analytic database in solution providors session

Campbell, Calif.—April 28, 2011— ParAccel, Inc., provider of the world’s leading analytic platform, today announced that its founder and CTO Barry Zane will co-participate in a solution providers session at the Gartner Business Intelligence Summit in Los Angeles on May 4, 2011. Zane and Andrew Katz, CTO of interclick , will discuss how use of ParAccel’s leading next-generation analytics platform has helped interclick in its quest to transform how marketers understand and target their online audiences, resulting in better campaign performance across verticals.

The Gartner Business Intelligence Summit will explore the trends, technologies and strategies that shape today’s most successful BI initiatives.

Session: Pushing the Envelope in Digital Media with interclick and ParAccel

Speakers:

 Barry Zane, founder and CTO, ParAccel

Andrew Katz, CTO, interclick

Date: Wednesday, May 4 at 10:45 a.m. PT

Location: Santa Monica Room

At this solution providers session, participants will learn how interclick uses the ParAccel Analytic Database to process over a billion records per day and perform demanding analytics for Fortune 500 customers.

For more information on the event, please visit http://www.gartner.com/technology/summits/na/business-intelligence/index.jsp

About ParAccel

ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335

Barry Zane to Participate on Panel of Industry Leaders Who Will Demystify Challenges of Big Data Analytics and Quantifying Aggregate Risk in Banking

Campbell, Calif.—March 21, 2011— ParAccel, Inc., provider of the world’s leading analytic platform, today announced that ParAccel founder and CTO Barry Zane will be on a panel at the GigaOm Structure Big Data Conference in New York City on March 23, 2011. Zane will be speaking alongside executives from Barclays Capital and Investment Technology Group on how to architect systems that crack big data problems. The panel will explore how banks can now analyze risk and investment across all levels of the enterprise in order to establish quantifiable exposure at any given point in time.

The Structure Big Data conference educates top industry leaders on how to make better use of data locked away in their organization. The conference will explore new technologies such as Hadoop, NoSQL and next-generation analytic platforms.

Risk Management Panel at a Glance

• Who: Barry Zane, founder and CTO at ParAccel, with Minder Cheng, board member of Investment Technology Group, and Thomas Chippas, managing director of Barclays Capital; moderated by Jim Smith, general partner at Mohr Davidow
• What: “The Big Big Big Picture: Quantifying the Aggregate Risk in Banking”
• When: Wednesday, March 23 at 4:10 p.m. ET
• Where: Structure Big Data conference at Chelsea Piers,Pier 60, New York

ParAccel Big Data Analytics Workshop

• Who: Bala Narasimhan, head of product management at ParAccel, and Jim Zhang, partner at Fuzzy Logix
• What: “The Power and Promise of Big Data Analytics”
• When: Wednesday, March 23 at 10:30 a.m. ET
• Where: Structure Big Data conference at Chelsea Piers,Pier 60, New York

At this workshop participants will learn what it takes to bring advanced and predictive analytics to life. While questions along the lines of “What happened?” or “What is happening?” continue to be important for operational execution, answers to questions of the form “What will happen?” and “Why?” are becoming increasingly critical for firms to maintain competitive advantage.

For more information on the event, please visit http://event.gigaom.com/bigdata/

For more information on ParAccel, contact info@paraccel.com or 866-903-0335

About ParAccel

ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335

The Integration of the ParAccel Analytic Database (PADB) and DB Lytix from Fuzzy Logix Provides a High Performance, Best-of-Breed Platform for Predictive Analytics

Campbell, Calif. – March 14, 2011 – ParAccel, Inc., provider of the leading high-performance analytics platform, introduces additional analytic libraries that leverage PADB’s ability to execute advanced analytics directly inside the database. They were developed in close partnership with Fuzzy Logix, a leading provider of innovative analytics solutions. ParAccel’s customers can now leverage hundreds of additional off-the-shelf functions based on Fuzzy Logix’s DB Lytix™ – an in-database analytics software library. The combined best-of-breed solution boosts analytic performance, accelerates time-to-analysis, and eliminates analytic silos.

Customers can now reduce cycle times up to 70 percent by eliminating the need to copy and replicate data to specialized platforms for advanced analytics. Moving the analytics inside the database also provides more reliable and precise results based on a full available dataset rather than a limited subset. Because the additional functions can be leveraged using standard Structured Query Language (SQL) and business intelligence tools, companies can easily accelerate their use of sophisticated advanced analytics across the organization.

“ParAccel’s partnership with Fuzzy Logix enables customers to derive even more value from their data using our high-performance analytic platform,” said Barry Zane, founder and CTO of ParAccel. “Our partnership ultimately provides customers with additional sophisticated analytics that they need to tackle the challenge of predictive analytics, along with our existing support for custom functions, MapReduce and integration with structured and unstructured data.”

Now organizations can choose from hundreds of additional pre-built functions in their analysis, removing the need to spend time and money to create functions such as Monte Carlo simulations or multiple regression for their analyses. Fuzzy Logix and ParAccel are also working in tandem to provide a unique library of advanced functions for Financial Services that will be released later this year.

“ParAccel’s high-performance database is an ideal platform for Fuzzy Logix’s extensive in-database analytics solutions,” said Partha Sen, CEO of Fuzzy Logix. “The combination of PADB and DB Lytix will eliminate the costly and time consuming process of moving large amounts of data for performing analytics. By running in-database analytics natively in PADB, companies can quickly and efficiently achieve performance gains that range from 10X to over 100X.”

To learn how to realize the potential of predictive analytics, please attend the “Power and Promise of Big Analytics” workshop at GigaOM’s Structure Big Data 2011 event at Pier Sixty at the Chelsea Piers in New York City on March 23, 2011. ParAccel’s Bala Narasimhan and Fuzzy Logix’s Jim Zhang will co-present at 10:30 a.m. ET.

About Fuzzy Logix

Fuzzy Logix is a leading predictive analytics software and services company. Fuzzy Logix enables companies to embed in-database analytics directly into their business processes, data warehouses, enterprise applications, devices, and web services. By directly integrating analytics into the areas where data already resides, Fuzzy Logix enables enormous processing efficiencies and dramatically reduces the cycle time for analytics.

Fuzzy Logix was founded by investment bankers. The vision for the company was conceived in 1995 and since then extensive research and development efforts were undertaken by the founding partners in the areas of quantita­tive finance and high performance computational methods. These efforts resulted in the development of more than 800 different types of algorithms in the areas of Statis­tics, Data Mining and Predictive Analytics, Monte Carlo Simulations, Financial Analytics, Geo Spatial Analytics and Text Analytics. These algorithms were written in C/C++ and C# and later formed the very founda­tion on which Fuzzy Logix has evolved over the last few years.

About ParAccel
ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335

Technology Research Company Recognizes ParAccel’s Ability to Execute and
Completeness of Vision

Campbell, Calif.—March 2, 2011— ParAccel, Inc., provider of the world’s fastest analytic database, today announced it has been positioned by Gartner, Inc. in the “Visionaries” quadrant of the “Magic Quadrant for Data Warehouse Database Management Systems.”1 The report measures vendors on a set of criteria that include “completeness of vision” and “ability to execute.”

“We believe our position in the ‘Visionaries’ quadrant of Gartner’s ‘Magic Quadrant for Data Warehouse Database Management Systems’ affirms what we have been hearing from our customers in the last 18 months,” said ParAccel CEO, Chuck Berger. “ParAccel’s analytic database empowers companies to solve their most challenging, data-driven analytic problems in minutes rather than days, enabling them to make business decisions that give them clear advantage over their competitors.”

Analytics is becoming the key business requirement for an increasing number of companies worldwide that are seeking real-time data insight. ParAccel Analytic Database (PADB), designed to execute intense analytic computations on vast data volumes with unprecedented performance, is helping enterprises fundamentally change how they do business. With the introduction of extensible analytics, companies can bring custom and off-the-shelf advanced analytics to their data rather than move the data to the analytics, boosting performance by 10-100X. An open, flexible framework for extensible analytics also enables customers to integrate new data processing frameworks like Hadoop (Map Reduce) into their overall analytical process.

[1] Gartner “Magic Quadrant for Data Warehouse Database Management Systems” by Donald Feinberg, Mark A. Beyer, Jan. 28, 2011

About the Magic Quadrant

The Magic Quadrant is copyrighted 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About ParAccel
ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

For more information please contact us at info@paraccel.com or 866-903-0335

Accelerated Adoption of the World’s Fastest Analytic Database Drives Tremendous Growth and Momentum for ParAccel

Campbell, Calif. – February 2, 2011 – ParAccel, Inc., provider of the world’s fastest analytic database, today announced that it achieved record financial performance in 2010 with 300 percent revenue growth over 2009. The company doubled its customer base with key enterprise wins, launched ParAccel Analytic Database (PADB) 3.0, and continued to expand partnerships with leading platform, storage and analytics vendors. To keep pace with its growth, the company hired key new executives and moved its corporate headquarters to a larger facility located in Campbell – the heart of Silicon Valley.

“When I joined ParAccel in August 2010, I knew that with our impressive sales pipeline and continued technological advancement, we would close the year with tremendous growth,” said ParAccel CEO Chuck Berger. “The data warehouse market, and specifically the market for high-performance analytic databases, is growing and evolving at an exponential rate; and ParAccel is taking advantage of the unprecedented demand by putting the best product in the hands of the biggest customers. With tripled revenues and impressive customer wins last year, we proved that PADB is having a significant impact on our customers’ ability to compete in analytics- driven industries such as financial services, retail and the federal government.”

In addition to appointing Berger as Chairman and CEO, ParAccel also recently added Paul Zolfaghari, former MicroStrategy executive vice president, as chief operating officer, Tarun Loomba, former executive at Seagate and Cisco, as chief marketing officer, and Dave Kloc as vice president of international operations. Kloc held executive management roles at Aster Data and Netezza, among other business intelligence companies before joining ParAccel.

“We have built an executive team that brings more than 30 years of experience in the business intelligence and high-end analytics market,” said Barry Zane, founder and CTO, ParAccel. “With this new, energized executive team in place, strategic partnerships with NetApp, VMware, Fuzzy Logix, and leading business intelligence vendors, combined with a commitment to provide customers with the most complete solution for solving the most complex analytic challenges, ParAccel is poised for an even more impressive 2011.”

Key achievements in 2010 include:
• Record Financial Performance—Increased revenue by 300 percent, including closing Q4 at an all-time high
• Strong Customer Growth—Doubled customer base, including key wins in: financial services, retail and government
• Technology Innovation—Released ParAccel Analytic Database (PADB) 3.0, the next generation of high performance analytics that enables organizations to rapidly generate custom in-database analytics, accelerate time to analysis, use their existing infrastructure standards and provide unmatched extensibility and performance for businesses that demand and rely on instant decisions
• Growth of Technology Ecosystem— Secured certifications with leading business intelligence vendors including MicroStrategy, Cognos, Information Builders, and Tableau, and developed strategic technology partnerships with NetApp, VMware and Fuzzy Logix
• Industry Recognition—Listed among The Wall Street Journal’s Top 50 Venture-Backed Companies and named to the Red Herring Global 100
• International Growth—Built team focused on business outside of North America in response to growing international demand

For more information on ParAccel please visit http://paraccel.com .

About ParAccel
ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

PADB is a columnar-based, massively parallel processing (MPP) software only analytic database. Designed for businesses seeking data insight at the speed of now without costly investment in proprietary hardware solutions, ParAccel delivers the industry’s highest performance against complex SQL workloads and the most challenging analytic queries. True schema-neutral, load-and-go analysis and unmatched price-performance means an accelerated speed to information and ROI.

For more information please contact us at info@paraccel.com or 866-903-0335

ParAccel Analytic Database (PADB) and MI9 Business Intelligence System Empower Retail Customers to Quickly, Reliably and Cost-Effectively Execute Time-Sensitive and Business Critical Analytics

Campbell, Calif. – January 25, 2011 – ParAccel, Inc., provider of the world’s fastest analytic database, today announced a partnership with MI9, the industry-leading retail solutions provider of The Intelligent Retail System. The integration of ParAccel’s high performance, next generation analytic database (PADB) with MI9 provides retailers with a cost-effective, easy-to-use solution for analyzing data, with the ability to quickly integrate and analyze any business-critical information. As a result, everyone within the retail organization has access to the most accurate and up-to-date information they need to make business decisions at multiple levels of the business.

ParAccel enables organizations to tackle even the most complex analytic challenges and glean ultra-fast, deep insights from rapidly growing volumes of data. Data-driven retail businesses can take advantage of ParAccel and MI9 to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools. The partnership delivers to the retail customer, the ability to execute ad-hoc and operational analysis for strategic new business opportunities and applications within timeframes and budgets that were previously impossible.

ParAccel and MI9 have jointly developed industry-leading retail analytic solutions that:

• Enable market leading performance across more than 5,000 retail metrics
• Analyze data on-the-fly, even with constant intra-day updates
• Deploy via a unique architectural framework for fast and efficient data management, integration, aggregation, and distribution
• Perform in-depth analysis – even at the lowest, most granular, levels of detail
• Efficiently scale in a highly modular approach, enabling retailers to implement and grow the retail solution at their pace on commodity hardware

“Retail organizations require immediate access to intelligent information,” said Mike Burge, CEO, MI9. “ParAccel’s performance, enabled by columnar data storage and massively parallel processing power, is a perfect fit for MI9’s Business Intelligence System. Retail customers now have the ability to rapidly tackle business challenges with full confidence that the information they need is reliable, accurate and available on-demand.”

“ParAccel’s partnership with MI9 delivers the next generation of business intelligence and advanced analytics to retail organizations,” said Chuck Berger, CEO, ParAccel, “Customers not only have the ability to analyze data faster with more flexibility, but they’re gaining the capability to fundamentally change the way they do business and achieve a competitive advantage in the market.”

About MI9
MI9 is a software development company specializing in Business Intelligence-centric solutions for retail.  MI9’s intelligent Retail System product suite includes: MI9 Business Intelligence

(BI & retail data warehouse), MI9 Merchant, a merchandise management system with fully integrated BI, MI9 Store, a comprehensive POS and store management system, and

MI9 Allocation, which optimizes inventory across all channels of the business. Select clients embracing this ‘intelligent’ approach to retailing include: Tuesday Morning, Barneys New York, Danier Leather, Hard Rock Café, Aubuchon Hardware, Home Depot Mexico, Holt Renfrew, Marvin’s, Friedman’s, Academy Sports + Outdoors, Crabtree & Evelyn, and Bare Escentuals.

For more information on MI9, visit www.mi9retail.com or call us at 416-491-1483.

About ParAccel
ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

PADB is a columnar-based, massively parallel processing (MPP) software only analytic database. Designed for businesses seeking data insight at the speed of now without costly investment in proprietary hardware solutions, ParAccel delivers the industry’s highest performance against complex SQL workloads and the most challenging analytic queries. True schema-neutral, load-and-go analysis and unmatched price-performance mean an accelerated speed to information and ROI.

For more information please contact us at info@paraccel.com or 866-903-0335

Former Netezza and Aster Data Executive hired to address growing worldwide demand for ParAccel Analytic Database

Campbell, Calif. – January 12, 2011 – ParAccel, Inc provider of the world’s fastest analytic database, today announced that Dave Kloc has been appointed vice president of international operations. Kloc has more than 20 years of experience in sales and channels management in the data warehousing market and is now responsible for ParAccel’s international business operations.

“International demand for ParAccel Analytic Database is ramping up and we carefully searched for an executive with a successful track record of business strategy, planning and execution. Dave’s vast expertise in our space, as well as deep international experience, makes him a valuable asset and significant addition to the ParAccel team,” said Chuck Berger, chairman and chief executive officer at ParAccel. “Following the recent appointment of Paul Zolfaghari as ParAccel COO, we’re anticipating a year of tremendous growth with these two senior sales executives. As this market develops, both domestically and around the world, ParAccel enables customers, in a variety of industries, to solve their toughest analytics problems.”

Kloc brings to ParAccel substantial experience in the data warehousing and analytics market. Most recently he was at Aster Data where he was responsible for their Worldwide Channels and Partners programs.  Prior to Aster Data, Kloc launched Netezza’s European business and, as VP EMEA Operations, grew the business to $20M in annual revenue and 35 customers. Kloc spent eight years at Netezza where he served in a variety of positions.

“The business intelligence and advanced analytics market is growing exponentially, both in the US and internationally.  ParAccel is a driving force in the industry, and I am excited to join the team to drive international expansion” said Kloc. “Customers across the globe are increasingly demanding higher performance solutions and predictive analytic capabilities in order to retain a competitive edge.  ParAccel delivers on these demands and is a frontrunner in this space, ultimately changing the way their customers do business.”

About ParAccel
ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

PADB is a columnar-based, massively parallel processing (MPP) software only analytic database. Designed for businesses seeking data insight at the speed of now without costly investment in proprietary hardware solutions, ParAccel delivers the industry’s highest performance against complex SQL workloads and the most challenging analytic queries. True schema-neutral, load-and-go analysis and unmatched price-performance means an accelerated speed to information and ROI.

For more information please contact us at info@paraccel.com or 866-903-0335

Former MicroStrategy Executive Vice President Brings Extensive Analytics Expertise To Accelerate ParAccel’s Growth

Campbell, CA. – January 6, 2011 – ParAccel, Inc., provider of the world’s fastest and most powerful analytic database, today announced the appointment of Paul Zolfaghari as chief operating officer. Mr. Zolfaghari has been an executive for more than a decade in the business intelligence and data analytics industry, and as COO at ParAccel he will oversee global revenue, marketing, and business development.  He will report to Chuck Berger, chairman and CEO who joined the company in August 2010.

“After more than a decade in this space, it is clear to me that the rate of data accumulation is relentless and accelerating.  Successful organizations understand that timely and sophisticated analysis of that data will lead to increased profits and significant competitive advantage ” said Paul Zolfaghari, COO at ParAccel. “The best business intelligence and analytic tools are often hampered by the ability of the underlying database to access and analyze large amounts of data in nearly real time. Because ParAccel is unmatched in its ability to solve this problem, I am excited to join the leadership team that will drive its adoption in the marketplace.”

Prior to joining ParAccel, Zolfaghari worked for more than eleven years at MicroStrategy, Inc., a leading business intelligence software company where he most recently served as executive vice president, worldwide sales and operations.  In that role for nearly five years, he reported to the CEO and was responsible for MicroStrategy’s worldwide field operations and annual revenue of more than $400 million. Prior to his role as EVP of worldwide sales and operations, he served in a series of executive management roles at MicroStrategy, including vice president, worldwide business affairs, and vice president and chief of staff. Zolfaghari received a Bachelor’s of Arts in English from Gettysburg College in 1986 and received his J.D. with Honors from the University of Pittsburgh in 1991.

“It is noteworthy that an executive of Paul’s caliber has chosen to join ParAccel,” Chuck Berger, CEO at ParAccel said. “Paul brings significant experience at developing and driving successful strategies that accelerate growth, market share, and awareness. His extensive customer and partner relationships across the business intelligence and analytics market and his focus on operational excellence are unprecedented and will contribute to taking ParAccel to the next level and beyond.”  The strength of the ParAccel Database has already led to record revenues and bookings in 2010 as well as the addition of many new customers in the financial services, retail, and government markets.

Zolfaghari will be taking on his new role as COO at ParAccel on January 15, 2011.

About ParAccel

ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

PADB is a columnar-based, massively parallel processing (MPP) software only analytic database. Designed for businesses seeking data insight at the speed of now without costly investment in proprietary hardware solutions, ParAccel delivers the industry’s highest performance against complex SQL workloads and the most challenging analytic queries. True schema-neutral, load-and-go analysis and unmatched price-performance means an accelerated speed to information and ROI.

For more information please contact us at info@paraccel.com or 866-903-0335