Schooner Information Technology Emerges from Stealth with Ground-Breaking Datacenter Appliances that Dramatically Reduce Costs in Web 2.0 and Cloud Computing Environments

Schooner Appliances Harness Enterprise-Class Flash Memory and Intel's New Nehalem Multi-Core Processors to Replace Ordinary Servers at a Ratio of 8:1, Cutting Total Cost of Ownership by 60%

MENLO PARK, Calif.-April 13, 2009-Schooner Information Technology, Inc., a provider of data access appliances for information-intensive Web 2.0 and cloud computing datacenters, today emerged from stealth with the launch of two breakthrough products that pioneer a new generation of data access solutions: the Schooner Appliance for MySQL Enterprise and the Schooner Appliance for Memcached. Through a strategic collaboration with IBM (NYSE: IBM), also announced today, Schooner is reducing datacenter costs and complexity, while dramatically boosting performance for Internet datacenters.

Today's highly demanding Web 2.0 and cloud computing datacenters face spiraling costs, unprecedented data growth and extreme complexity. To meet these challenges, Schooner has created state-of-the-art data access appliances built on a patent-pending system architecture that integrates enterprise-class flash memory, Intel® Nehalem multi-core processors, low-latency interconnect, and optimized data access and caching applications. These smart, scalable, fully compatible appliances provide businesses with dramatic improvements over traditional servers, including eight times higher performance, one-eighth the power and space requirements and 60 percent lower total cost of ownership (TCO).

"While many vendors are focusing on making the datacenter more efficient, few are focusing on processing more transactions more efficiently," said Mike Kahn, managing director of analyst firm The Clipper Group. "However, with Schooner's entry into the business of specialized processing for 21st-century Web 2.0 and cloud computing transactions, its appliances offer the opportunity to scale quickly while maximizing performance."

"Schooner has addressed the three biggest problems facing today's internet datacenters: cost, complexity and energy consumption," said Jim Watson, managing general partner at CMEA Capital. "Schooner is a game-changing solution that's right for today's economic realities. It's not technology for technology's sake. It's technology that solves real-world problems."

"Schooner is singularly focused on providing Web 2.0 and cloud computing companies with a means to transform their businesses," said Dr. John Busch, president and chief executive officer of Schooner Information Technology. "Our customers can now meet their biggest challenges of rapidly increasing datacenter costs, exponential data growth and compounding business complexity with data access appliances that are scalable, smart, cost effective and green."

"The large capacity and increased performance of Schooner appliances enables significant consolidation of existing MySQL servers, as well as addressing many current MySQL industry challenges around scaling and administrative overhead," said Peter Zaitsev, co-founder of technology consulting firm Percona. Schooner has also established itself in real-world deployments. Evgeny Igumnov, CIO of MyLivePage, said, "Just one Schooner Appliance for MySQL Enterprise can do the work of many ordinary MySQL servers."

Schooner appliances are currently in customer trials and will be available for volume shipment in the third quarter of 2009.

About Schooner Information Technology, Inc.
Schooner Information Technology provides data access application appliances for information-intensive Web 2.0 and cloud computing datacenters. Schooner solutions are fast, scalable, cost-effective and green. Schooner customers save power and space, reduce TCO, and create new business opportunities based on rapid access to terabyte-scale data. The company is headquartered in Menlo Park, California, and is venture funded by CMEA Capital and Redpoint Ventures. For more information, please visit: www.schoonerinfotech.com.

© 2009 Schooner Information Technology, Inc. All rights reserved. Schooner Information Technology and the Schooner logo are registered trademarks of Schooner Information Technology, Inc. All other trademarks are the property of their respective owners.