IBM Delivers Total Linux Solutions to Wall Street

J.D. Edwards, SunGard Join IBM to Deploy Linux

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NEW YORK - 20 Jun 2002: IBM announced today the opening of the first center in New York City to help the financial services industry deploy Linux® solutions.

The Linux center, which will be based in IBM's landmark building at 590 Madison Avenue, will include hardware, software and services from IBM as well as various participating companies, designed to help financial services customers test and implement Linux applications. The center represents an initial investment of more than $1 million from IBM.

"IBM is viewed as a leader in Linux and open solutions, and it is a natural evolution of our long standing partnership for J.D. Edwards to participate in IBM's Linux Center of Competence," said Les Wyatt, senior vice president and chief marketing officer, J.D. Edwards. "J.D. Edwards collaborative CRM solution, working with IBM hardware and software in the Linux Center of Competence, will allow us to address the flexibility and scalability requirements of financial services customers."

IBM's Linux Center of Competence (Linux CoC) will provide the financial sector with a full range of support for Linux, including access to IBM hardware, software and services to evaluate and test key applications on Linux, secure technical advice, participate in Linux training courses and educational programs, attend community events, as well as work in a hands-on environment with key ISVs, Linux distributors and Business Partners.

"In the face of a challenging economy, IBM customers in the financial sector are moving to Linux because of its low cost, powerful security, stability and flexibility," said Steve Solazzo, general manager, Linux at IBM. "But, most importantly, they are moving to Linux because it enables their deployment of applications that give them competitive advantage. The breadth of customers, Business Partners, ISVs, and vendors that are participating with IBM in the Linux Center of Competence is a clear indicator that there is demand on Wall Street for complete Linux solutions."

At the center, financial services customers will have an opportunity to test several types of Linux solutions including:

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