AMD and Rogue Wave Collaborate to Advance Parallel Computing Efforts in Financial Services Industry

BOULDER, CO--(Marketwire - June 9, 2008) - Rogue Wave Software, Inc., the leader in enterprise class C++ components and infrastructure, today announced a collaboration with AMD (NYSE: AMD). Rogue Wave will work with AMD to enhance the processing power of specialized applications in the financial services industry. Using the Rogue Wave® Hydra product suite, the companies seek to provide new solutions to help AMD customers further expand their parallel computing strategies.

Many developers in the financial services industry are looking to increase computing performance to support higher business volumes, run faster, support more users and process more transactions. In addition to the promise of multi-core CPU hardware, recent advances in graphical processing unit (GPU) chip sets have allowed developers to harness compute power of specialized modern graphics processors to deliver significant performance increases in high performance compute environments such as financial algorithmic applications.

However, writing code in this field can be difficult and time-consuming, and using proprietary APIs means code written for one brand of GPU cannot be easily ported to another GPU or to multi-core CPUs. Since most existing code is not designed to take advantage of the high performance potential of GPUs, it can present significant challenges for developers trying to accelerate their applications with GPUs.

"The future of parallel computing depends on two key elements. First, can your new and existing applications tap performance improvements without rewriting the code? Second, can they do it across multi-core CPUs, GPUs and other future specialized hardware? If enterprises cannot do both, parallel computing efforts won't deliver on their promise," said Tom Gaunt, Senior Vice President of Sales and Marketing for Rogue Wave. "This collaboration is an important step in not just researching, but delivering solutions that address these challenges and further the cause of parallel computing."

"AMD recognizes that offering users ways to develop applications that migrate easily between multi-core CPUs, GPUs and future architectures is essential in enabling the productivity of our customers and the longevity of their applications," said Patricia Harrell, Director of AMD Stream Computing. "We are pleased that our relationship with Rogue Wave will enable us to work towards providing an important cross-platform programming solution, while at the same time, growing our valuable technology partner ecosystem."

As part of this relationship, AMD and Rogue Wave will be exhibiting together at the Securities Industry and Financial Markets Association (SIFMA) Technology Management Conference and Exhibit in New York City, June 10-12 at booth #2000. For more information, visit http://events.sifma.org/2008/107/event.aspx?id=526.

About the Rogue Wave® Hydra Suite

The Rogue Wave® Hydra Suite delivers a scalable service grid for high performance business applications delivered with a Service Oriented Architecture (SOA). The Hydra Suite consists of HydraSCA, HydraExpress, and HydraSDO™ working together in an efficient service grid that is designed to deliver the agility and flexibility benefits a SOA inherently provides, without sacrificing the high performance businesses require. The Rogue Wave® Hydra Suite delivers the latest Service Component Architecture (SCA) and Service Data Object (SDO) standards along with C++ Web Services based on the well-established SOAP and WSDL standards.

About Rogue Wave

Rogue Wave Software, Inc. is the leading provider of enterprise class C++ components and infrastructure that enable organizations to build and deploy high performance applications. Only Rogue Wave provides the most complete C++ technology stack including C++ components, UI components, run-time infrastructure, and services. Today, thousands of organizations worldwide have chosen Rogue Wave. For more information go to http://www.roguewave.com.

AMD, the AMD Arrow logo and combinations thereof are trademarks of Advanced Micro Devices, Inc. Rogue Wave is a registered trademark of Rogue Wave Software, Inc. in the United States and other countries. Other names are for informational purposes only and may be trademarks of their respective owners.

Contact Information: For Rogue Wave Software Suzanne Miller Reidy Communications (314) 795-4225