Or-Yehuda,
Israel - February 8, 2001 - Mutek Solutions Ltd., a leading
provider of solutions that improve the availability and reliability
of business critical software applications, today announced
that the Intel 64 Fund has made an investment in the company.
Financial details were not disclosed.
The
investment will enable Mutek Solutions to help accelerate
the development and marketing of its Software Black Box Flight
Recorders for Intel's Itanium processor (IA-64)
product family on Windows and Linux operating systems. In
addition, Mutek and Intel will collaborate to optimize the
performance of Mutek's products on 32 bit and 64 bit Intel
architectures and will conduct various joint marketing activities.
"In
today's competitive world, companies need to ensure the availability
and reliability of their software applications," said
Michael C. Pope, Director of Intel's Solutions Development
Organization. "Intel 64 Fund invested to enable solutions
that are designed to improve availability and reliability
of server and client software, by pinpointing problems at
all application levels, from the user experience, through
the system level and down to the actual source code of the
applications."
"As
companies accelerate the implementation of their e-business
strategies, IT executives are challenged by the need to deliver
reliable and highly available business critical software systems
" said Yochi Slonim, President & CEO, Mutek Solutions
LTD. "The Intel 64 Fund investment will help us in delivering
our Black Box Flight Recorder solutions on IA-64 server platforms"
Black
Box Flight Recorders For Business Critical Applications
Mutek's
Black Box Flight Recorder for software operates like a flight
recorder for business critical applications on servers and
clients. With no modifications required to the applications
or the system, the Software Black Box Flight Recorder transparently
records the online operation of applications and delivers
alerts before failures occur. Application activity is recorded
at multiple levels, from the user's experience, through the
system level operations and down to the program's code lines
executed by the running process. In case of crashes or other
errors, system management, help desk and development personnel
access the Black Box through the network, playback the failed
scenario and pinpoint the root cause of the problem. Mutek's
Black Box Flight Recorder solutions include Black Boxes for
servers and clients, with front-end consoles for configuration,
problem pinpointing, analysis, and Black Box management.
About
the Intel 64 Fund
The Intel 64 Fund is a quarter billion dollar equity fund
that invests in emerging technologies for next-generation
servers and workstations utilizing Intel's IA-64 architecture.
The Fund is coordinated by Intel with Compaq, Dell, HP, Intel,
NEC, and SGI as co-investors. The Fund's other investors,
managed by Morgan Stanley Dean Witter, include Bank of America,
The Boeing Company, Circuit City, Enron, Ford Motor Company,
General Electric, McKessonHBOC, Morgan Stanley Dean Witter,
Reuters, Sabre, SmithKline Beecham, Sumitomo Corp., SunAmerica
and Telmex. Additional information about the Intel 64 Fund
is available at www.intel64fund.com.
About Mutek
Mutek
Solutions LTD develops and markets software solutions that
improve the availability of business critical software applications.
The Company's Black Box Flight Recorders for software applications
provide online alerts prior to system failures, record and
playback software malfunctions and pinpoint the root cause
of crashes and other errors in server and desktop applications.
The company was founded in 1996 and is headquartered in Or-Yehuda,
Israel. Mutek markets and supports its products in the US,
Europe and rest of the world through its sales offices and
distributors. Mutek's customers include e-business and traditional
blue chip companies in the computer and software industry,
financial services, telecom and cellular operators, manufacturing
and industrial companies.
Software Black Box Flight Recorders is a registered
trademark of Mutek Solutions Ltd. All other trademarks and
product names are the properties of their respective owners.
Copyright © 2000 Mutek Solutions Ltd, Inc. All Rights
Reserved.
©
Copyright 2001, Mutek Solutions Ltd. All rights reserved.
email: info@Mutek.com
|