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Industry Leaders Deliver First Products
Vancouver, British Columbia; June 18, 2007 --
Teradici Corporation, a well-funded, privately-held semiconductor company, today announced it has developed a groundbreaking technology platform that for the first time delivers a complete PC or workstation user experience over standard corporate networks. Teradici's innovative technology, called PC-over-IP®, enables better managed and more secure computing for the enterprise without compromising the demanding expectations of end users.
"Traditional PCs are difficult to manage, maintain and secure, while thin clients can't provide a rich user experience," said Roger Kay, Endpoint Technologies Associates. "Teradici has developed a platform that addresses these issues by enabling PC engines to be centrally managed in a datacenter while providing full graphics and multimedia at
the desktop."
Teradici's innovative technology is centered around breakthrough algorithm innovations in image and I/O bridging, and is delivered by an application specific integrated circuit (ASIC) chipset. The TERA Host and Portal chipset, the engine of PC-over-IP technology, is integrated both in the datacenter and at the end user's desk. In the datacenter, PC or workstation blades, rack mount or tower PCs integrate the TERA Host Processor. At the end user's desk, the TERA Portal Processor enables a very simple, stateless device.
"IBM has a history of being the first in the industry to provide customers with advanced technical innovations, and we continue this tradition by incorporating Teradici's technology in our new BladeCenter 'Workstation Blade'," said Dr. Tom Bradicich, fellow and vice president, IBM Systems and Technology Group. "By collaborating with Blade.org partners Devon IT and Teradici, IBM's new Workstation Blade is the first in the industry to offer breakthrough and leading edge remote graphics acceleration. Using hardware compression techniques in the render and transfer of display graphics from the server-based client to the desktop device, we provide remarkable and uncompromised video and complex image quality and performance."
"We developed our technology to address a long standing problem with centralized computing, how to deliver a completely true workstation PC experience over today's enterprise networks without any impact to users, operating systems, or applications," said Dan Cordingley, co-founder and CEO, Teradici Corporation. "As evidenced by the extremely positive response we are seeing from our leading customers and partners, it's clear that our platform will greatly accelerate the adoption of centralized computing."
In recent years, IT managers have anticipated that the centralization of PC and workstation assets to secure and manage datacenters would happen as quickly as it did for servers and storage. The problem has always been the delivery of the PC experience their user base expected. Existing software and thin client technologies solve part of the problem, but fall drastically short in terms of multimedia, video and peripheral connectivity. Teradici's PC-over-IP technology enables all the benefits of centralization, but with an unprecedented, rich PC fidelity. Users access and work with their PC or workstation as if it were under their desk, when in reality it securely sits miles away.
"The Teradici technology offers unique, breakthrough and leading-edge remote display and graphics acceleration," said Joe Makoid, president, Devon IT. "Our partnership with Teradici has enabled Devon IT to produce a solution with a true workstation experience with rich graphics. This enables the new workstation blade solution from IBM and Devon IT to drastically improve the quality of image delivered at a remote desktop, as well as the performance and speed of the process."
"As the pioneer PC blade vendor, ClearCube has always been first to provide customers with technologies so they can realize the business benefits of centralized computing," said Rick Hoffman, president and CEO of ClearCube Technology. "With Teradici's technology driving the I9420/I9440, financial service firms now get almost unlimited flexibility and choice for locating trading floors and traders. The Teradici-powered technologies are the latest expansion of ClearCube's solutions that deliver end users the PC power required for their jobs, using virtualization and other datacenter capabilities when necessary."
"We are very excited about our partnership with Teradici," said David B. Wright, CEO, Verari Systems. "Teradici's technology is an exceptional match for Verari's vision of high performance computing for the enterprise datacenter. We are now able to provide one of the first blade-based workstations with multi-display support and true high performance desktop over IP functionality. Working together, we will provide unique solutions to the financial sector, the entertainment market and other segments."
"Teradici's technology enables growth in datacenter-based computing by delivering a rich user experience, including Windows Aero and 3D graphics over IP networks," said Steven McDowell, division marketing manager, Commercial Client Innovation, AMD. "AMD and Teradici share the common goals of providing more energy efficient computing and high value solutions for IT, and our technology works hand-in-hand to enable solutions not possible with traditional desktop PC form factors."
"Teradici's PC-over-IP is opening the door for advanced security and new levels of visualization for PC blade computing," said Jeff Brown, general manager, Professional Solutions Group, NVIDIA. "When coupled with the features, performance and stability of NVIDIA Quadro professional graphics, designers, engineers, artists, financial traders, and knowledge workers will, for the first time, be able to achieve greater interactivity, performance and high-resolution graphics in a PC blade solution."
"We have tightly integrated with Teradici's PC-over-IP technology to provide a seamless, highly scalable solution for power desktop users," said David Crosbie, chief technology officer, Leostream "It's an exceptional solution for those who want their remote desktop to behave just like their traditional desktop -- but with the added advantages of flexible seating and centralized management and control."
Teradici has been aggressively filing U.S. patents to cover both its silicon and the system implementation of its intellectual property. These efforts will continue.
Earlier this year the company announced an oversubscribed "B" round funding of $18 million. Alloy Ventures led the round with participation from return investors the Working Opportunity Fund, Skypoint Capital, BDC Venture Capital and Alta Berkeley Venture Partners. In total, the company has raised $34 million in funding. The company is led by a highly experienced management team and board of directors. To view biographies visit the following links: http://teradici.com/company/management.html and http://teradici.com/company/directors.html.
Teradici Corporation is a fabless semiconductor company
developing innovative technology for next-generation computer form
factors. Through a combination of unique algorithms and high-performance
silicon processing, the company is focused on enabling a new approach
for how personal computers are deployed and managed. Teradici is
headquartered in Burnaby, British Columbia, Canada. More information
will be made available at www.teradici.com.
Phillip Bergman
Roher Public Relations
(914) 238-2200, ext 302
pbergman@roherpr.com
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