| 4-21-2003 Austin, TX and New York, NY (April 21, 2003) - ClearCube Technology, the market leader in PC blades, today announced that Morgan Stanley has signed a global agreement to deploy ClearCube’s computing solution. Morgan Stanley (NYSE: MWD) is a leading global financial services firm and market leader in securities, asset management and credit services with 700 offices and 55,000 employees worldwide. Morgan Stanley is deploying 2,000 ClearCube PC blades in its new Westchester, NY facility. “The ClearCube solution provides the flexibility, manageability,
and high availability that we desire at the desktop. This solution will
improve our service levels and reduce our desktop operating costs,”
said Adam Taubman, Executive Director, and Technology Project Manager
at Morgan Stanley. “This architecture represents a logical next
technology step in the evolution of our trading floor and desktop computing
environment. ClearCube provides us with the right technology at the right
time.” Morgan Stanley’s post 9/11 computing strategy seeks to increase geographic diversity while still gaining the cost economies that comes with centralization. The underlying architecture model will also support dynamic allocation of resources such that a blade can be used for one purpose on one day and another use on the next. In this way, blades could be used as a shared resource for business continuity, hoteling employees or Linux. “ClearCube’s solution enables traders and support staff in Westchester to have their desktops remotely managed from anywhere in the world,” said Adam Taubman. “ClearCube’s “AlwaysOn” desktop solution allows us to virtualize the Moves/Adds/Changes (MACs), use extra hard drive space to store multiple images and to allocate resources as needed all without IT ever leaving their desks. These capabilities represent significant operating cost savings and are the model for future desktop operations globally.” “The centralization of Blade PCs and the ability through software to remotely manage them gives IT managers a secure, cost-effective means of managing desktop clients,” said Roger Kay, Director of Client Computing at IDC. "We expect to see more installations of this kind in enterprise customers who value uptime, security, and lower support costs.” “Morgan Stanley is a leader in the adoption of leading-edge technologies that streamline and improve their business processes and bottom line,” said Mike Frost, president and CEO of ClearCube Technology. “Their decision to partner with ClearCube further validates our solution, and we expect other large financial services firms will also begin adopting this new computing platform.” About ClearCube Technology For More Information Contact: Ken Knotts Vicki Greene |