|By Marketwired .||
|November 7, 2012 02:00 AM EST||
SHEFFIELD, UNITED KINGDOM and SAN RAMON, CA -- (Marketwire) -- 11/07/12 -- WANdisco (LSE: WAND), a leading provider of global collaboration software to the software development industry, announces that, after a thorough examination process, the United States Patent & Trademark Office (USPTO) has allowed the Company's U.S. Patent Application, which will protect the Company's core replication technology. The patent application was allowed on November 6, 2012.
The allowed patent application, entitled "Distributed computing systems and system components thereof" covers fundamentals of active-active replication over a Wide Area Network ("WAN"). The patent states that "unlike conventional solutions, the multi-site computing system architecture does not rely on a central transaction coordinator that is known to be a single-point-of-failure." The patented technology is incorporated in WANdisco's product range, including Subversion MultiSite, which is used by leading companies such as HP, Intel, Barclays, McAfee, Honda and Wal-Mart for globally distributed software development.
The directors believe that this technology can be deployed in many other technology verticals including the Big Data market, which according to Wikibon is forecast to grow at a CAGR of 58% between now and 2017 or from $5 billion to over $50 billion.
Commenting on the patent, David Richards, WANdisco Chairman and Chief Executive Officer, said:
"I am delighted the USPTO has allowed WANdisco's patent, which we believe to be a breakthrough in the field of data replication. This patent validates our leadership in distributed computing and our belief that no other company can achieve active-active replication over a Wide Area Network. We believe this patent is far reaching and will change storage area networks and their application. Presently, we have integrated this technology into our version control systems for software engineers and have plans, as previously stated, to apply the technology in the Big Data market - today's patent decision re-confirms our belief, as the leader in this field."
WANdisco (LSE: WAND) is a leading provider of Apache Subversion-based software and services for the enterprise. The company's products include: uberSVN - the new open ALM platform for Subversion, Subversion MultiSite, Subversion Access Control and Subversion Clustering. Fortune Global 1000 companies such as AT&T, Intel, Honda, Nokia, Juniper Networks and Motorola rely on WANdisco's Subversion solutions for enterprise-class performance, scalability and 24-by-7 availability. A recent Forrester Total Economic Impact (TEI) study of WANdisco's Subversion MultiSite revealed a 167% return on investment with a nine-month payback period. Subversion is recognized by Forrester as the sole leader in the Standalone Software Configuration Management (SCM) category. For more information, please visit us at: http://www.wandisco.com.
Subversion and the Subversion logo are trademarks of the Apache Software Foundation.
All product and company names herein may be trademarks of their registered owners.
For further information please contact:
Chairman and Chief Executive Officer
Chief Financial Officer
via FTI Consulting
Matt Dixon / Sophie McMillan / Jon Snowball
+44 (0)20 7831 3113
Panmure Gordon & Co.
Fred Walsh / Giles Stewart (Corporate Finance)
Adam Pollock, Charles Leigh-Pemberton (Corporate Broking)
+44 (0)20 7886 2500
+1 (510) 748 8200 x203
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