lastminute.com Deploys Advanced eCDN Utilizing WARP's SpiderCache Technology
Europe's Leading Independent Travel and Leisure Web Site Leverages SpiderCache Software to Improve Performance and Outperform Competitors
NEW YORK & LONDON--(BUSINESS WIRE)--April 6, 2004--
WARP Technology Holdings, Inc. (OTC BB: WRPT), a leading provider of network and application acceleration software, today announced that lastminute.com, the largest independent travel and leisure site in Europe, has deployed an advanced enterprise content delivery network (eCDN) utilizing its flagship SpiderCache technology. The new SpiderCache product line includes a broad spectrum of integrated content and application acceleration technologies that enables organizations to optimize the performance of their content delivery networks on a highly customized and flexible basis.
With the deployment of SpiderCache, lastminute.com has transitioned its core network infrastructure from an accelerated Web solution to a fully-optimized, international content delivery network. Static and dynamic content is cached at strategic geographic locations and tailored to provide optimum responsiveness for local traffic patterns and content requests. SpiderCache allows lastminute.com's eCDN to dramatically reduce the processing load on origin servers by eliminating request duplication and distributing content-request responses around the network. lastminute.com now offers significant performance improvements for both broadband and narrowband customers, who enjoy a more responsive and dynamic user experience.
lastminute.com's relationship with WARP Solutions began in October of 2003, when lastminute.com deployed WARP technology in an effort to improve the online customer experience. The company sought to process transactions faster, reduce infrastructure costs, and increase revenues for its online travel and leisure Web site.
"After a successful implementation of WARP's dynamic content caching technology last year, we decided to extend the solution and deploy an eCDN that ensures performance and reliability across key geographic regions," explained Luther Garcia, Manager of Global E-Commerce Architecture for lastminute.com. "This approach - deploying edge nodes in strategic locations across our network - has enabled us to fully optimize our network. We've reduced the load on our origin servers, improved site responsiveness, and can now accommodate larger volumes of transactions, especially during peak periods."
Today, lastminute.com is realizing new revenue streams from the improved performance of its eCDN which has reduced average response times from 14 seconds to less than four seconds, and provided a significant competitive advantage over other travel sites that frequently demonstrate slower response times.
"Every content delivery network is unique," explains Michael Liss, WARP's Chief Operating Officer. "In our business, pre-packaged solutions never perform as well as customized solutions, and the difference can be dramatic. lastminute.com is a great example of how tailoring a solution to the specific challenges of a business can produce outstanding results. You need more than just a good toolbox - you need the experience and expertise to use the tools properly."
lastminute.com has over eight million subscribers to its weekly newsletter globally, with over 250,000 unique sessions per day and over one million page views per day.
About lastminute.com
lastminute.com is Europe's leading independent online provider of travel and leisure solutions. Based on the idea of matching supply and demand, it offers consumers last minute opportunities to acquire airline tickets, hotel rooms, package holidays, car hire, entertainment tickets, restaurant reservations and home delivery, speciality services, gifts and auctions. Operating across multiple markets, lastminute.com has established approximately 15,600 supplier relationships and over eight million subscribers to its weekly newsletter. The company also owns and operates online brands holidayautos.com, travelprice.com, degriftour.com, travelselect.com, travel4less.co.uk, eXhilaration.co.uk, medhotels.com, and first-option.co.uk. For more information, contact lastminute.com at www.lastminute.com/ir.
About WARP Technology Holdings, Inc.
WARP Technology Holdings (OTC BB: WRPT) is a leading provider of network and application acceleration software. Through its subsidiaries WARP Solutions, Inc. and SpiderSoftware, Inc., and its licensing arrangement with iMimic Networking, Inc., the company offers a strategic portfolio of software and hardware solutions to significantly improve the speed, performance, and reliability of business-critical applications and content delivered over IP-based networks. For information, contact WARP at 877-688-9277, or visit www.warpsolutions.com.
Cautionary Statement
Statements contained herein which are not historical information are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties. Actual results could differ materially from those included in the forward-looking statements for a variety of reasons, including the level of acceptance of the WARP 2063e product by the marketplace, the ability of the product to achieve the results for which it is designed, the ability of the company to raise capital to fund operations and marketing programs for this product, competition from other approaches to application acceleration and network architecture, and other risks described in the Company's filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.
Contacts
WARP Technology Holdings, Inc.
Stafford Hunt, +44 (0) 207 842 0853
shunt@warpsolutions.com
or
Springboard Public Relations
Domenick Cilea, 732-863-1900 x.102
dcilea@SpringboardPR.com
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