Beijing – 9-10 July, 2010 – Cluster Technology Limited (CLUSTERTECH) exhibited and presented at the China Insurance IT Application Summit Forum 2010 in Beijing.

This was the third time for China ComputerWorld and Sinosoft Co., Ltd. (Sinosoft) organizing Insurance IT App Summit in Beijing jointly. Invited around 200 life & general insurance company IT Directors, EDP supervisors and MIS Managers to attend the Forum.

ClusterTech introduced a cloud based middleware technology (GigaSpaces XAP) in last year’s China Insurance IT Application event and announced the result of 100+ time performance improvement through a joint Prove of Concept (PoC) project with Sinosoft. Testing was done on Sinosoft’s core insurance system platform under an isolated environment. We also announced the cloud computing technology was ready for enterprise use by showing various worldwide case studies.

This year, we showed how this cloud computing technology can be used in the China Insurance industry and what benefits would be brought by using this advanced technology. In a 25 minute presentation, ClusterTech showed the actual implementation of the GigaSpaces technology in Sinosoft’s core insurance backend system, the first ever cloud computing technology being used in the China insurance industry. We saw how cloud computing technology would be used in the core insurance frontend application level as well as system platform level. We demonstrated the preliminary results we obtained and the benefits we could get from such system.

Computing services in China Insurance industry need to be highly reliable, scalable, responsive and autonomic to support ubiquitous access, dynamic discovery and composability. In particular, enterprises need to determine the required service level through Quality of Services (QoS) and Service Level Agreement (SLA). In this event, we demonstrated how well GigaSpaces XAP can support all these requirements.

About GigaSpaces

GigaSpaces Technologies is a leading provider of a new generation of application platforms for Java and .Net environments that offer an alternative to traditional application-servers. The company's eXtreme Application Platform (XAP) leverages open-source and standard development frameworks to speed new application development and simplify migration of existing systems from traditional middleware and application server technologies to new virtual computing architectures. GigaSpaces customers include six of the world’s top 10 investment banks, world-leading exchanges, market data providers, hedge funds, retail banks, leading international and US telecommunications and mobile carriers, global Web-commerce companies, five of the world's top online gaming companies, and leading Internet media organizations. Founded in 2000, GigaSpaces has offices in the US, Europe and Asia.

For more information, please visit http://www.gigaspaces.com, the company’s open-source community portal or the company's blog at http://blog.gigaspaces.com/.

About Cluster Technology Limited (ClusterTech)
Founded in 2000, Cluster Technology Limited specializes in the provision of advanced computing technology solutions. ClusterTech utilizes Cluster, Grid, Cloud and other high performance computing (HPC) technologies to improve operational efficiency, address large-scale computing demand, develop Business Intelligence, and ensure high availability. ClusterTech, headquartered in Hong Kong, opened branches in Mainland China starting 2003, to provide one-stop advanced computing professional services including pre-sale testing, system design, software and hardware integration and optimization for clients in China. In 2009, ClusterTech was awarded the "Hong Kong Awards for Industries - Technological Achievement Certificate of Merit."

ClusterTech has served the advanced computing needs of over a hundred multinational and national level institutes including:

• Banking & Finance: HSBC, Bank of China, DBS (Singapore), Fubon Bank (Hong Kong, Taiwan), ING (North America), AMTD Financial Planning Ltd., Guangdong Investment Limited, Pan Asian Mortgage, etc.
• Government: The Chinese National Marine Data & Information Service, Chinese Meteorological Administration, China Earthquake Administration, 14 institutes of the Chinese Academy of Sciences, Environmental Protection Department of the Government of the HKSAR, Planning Department of the Government of the HKSAR, etc.
• Oil and Gas: China National Offshore Oil Corporation (CNOOC), China National Petroleum Corporation (CNPC), China Petrochemical Development Corporation (CPDC), PetroChina, China Petroleum & Chemical Corporation (SINOPEC) , etc.
• Manufacturers: Changchun FAW Group Corporation, China Sanjiang Space Group, etc.
• Retail and Service Industries: Shenzhen Yijing National Cartoon & Animation Industry Base, PCCW (Hong Kong), The Hong Kong Jockey Club, ITV(Britain), etc.
• Education and Research: 14 institutes of The Chinese Academy of Sciences, Tsinghua University, China University of Technology, etc.

For more information, please visit http://www.clustertech.com.