OpTier Receives Top Award at Globes and Ernst & Young Conference
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Innovator in Business Transaction Management Selected as 'Most Promising Start up 2007-2008' at the 11th Annual Israel Journey Conference 2007
NEW YORK, Nov. 5 / -- OpTier®, the leader in Business Transaction Management, today announced that it has been named "Most Promising Start up 2007-2008" by top Israeli business outlet "Globes" and Ernst & Young, as part of the organizations' 11th Annual Journey Conference. The awards were announced at the conference on October 25 in Tel-Aviv. An interview with OpTier's CEO and Chairman of the Board, Israel Mazin, about the company and award is available at: http://www.globes.co.il/serveEN/globes/docView.asp?did=1000267961&fid=1724/.
For the past three years, "Globes" has identified the top Israeli organizations to honor as part of its annual conference, co-hosted by Ernst & Young. This year's ten finalists span industries from high tech to drug development to medical IT and several others. OpTier was honored as the preeminent of the group for its seasoned management team, corporate success and the value its products bring to market.
"The Globes award is one of the most prestigious awards an organization can receive in Israel," said Mazin. "Getting to this position has been a combination of hard work, a technology that delivers immediate results and a true partnership with our customers. We share this award with our dedicated team, customers and investors who have made our company and technology a category leader."
While considered a start-up based on the award criteria, OpTier has achieved significant success in the two and half years since the company's launch. In this short time, the company has already secured $47 million in venture capital (as well as an undisclosed amount by Cisco), secured a strong list of Global 2000 customers and has been highlighted by analyst firms Gartner, Forrester, IDC, EMA and others, for its unique approach to Business Transaction Management. Among its many industry honors, OpTier's CoreFirst technology and customer TransUnion Interactive, were most recently highlighted by Network World magazine as one of "10 Tools to Manage SOA." The article is available at: http://www.networkworld.com/supp/2007/ndc6/102207-soa-management-tools.html.
About OpTier
OpTier® provides software solutions that dynamically link business services to underlying IT infrastructure, assuring service delivery and optimizing IT resources. Its unique Business Transaction Management(TM) technology -- which delivers end-to-end visibility and control of all business transactions -- makes effective Business Service Management a reality. OpTier tracks and monitors all business transactions -- across all tiers, all the time. It identifies and isolates performance problems as they develop, thus minimizing the cost to resolve them. OpTier generates intelligence, for more effective testing, capacity planning, provisioning and decision-making. It can further prioritize transaction resource allocation based on business needs. For more information, visit http://www.optier.com/.
Source: OpTier
CONTACT: Lindsay Diamond of OpTier, +1-212-679-2700, Lindsay.Diamond@optier.com; or Avi Dines or Jennifer Barlow, both of Schwartz Communications, Inc., +1-781-684-0770, OpTier@schwartz-pr.com, for OpTier
Web site: http://www.optier.com/
