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Innovation Takes Center Stage at Giga Information Group's Emerging Technology Showcase; Newest Technologies Ignite Imagination of Business Leaders

Business Wire, Dec 11, 2002

Business Editors/High-Tech Writers

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Dec. 11, 2002

Technological innovation holds many promises, and the very latest in technology displayed at Giga Information Group's (OTC BB: GIGX) Emerging Technology Showcase this week in Scottsdale, AZ, provided an inspiring glimpse at what the future may bring.

The Emerging Technology Showcase conference is a unique forum featuring innovative IT solutions for both new and established companies. The conference, produced as a multi-act play, enables participating companies to demonstrate their products to an audience of IT executives, venture capitalists and investment bankers through TechnoVistas. Attendees collaborate with analysts and CIOs to identify winning technologies that will have a major impact on the industry in the months beyond the conference.

The event features some of today's leading IT thinkers, including Dr. James Canton, futurist, social scientist and author of Technofutures: How Leading-Edge Technology Will Transform Business in the 21st Century; Rod Perry, global head of technology investing for 3i plc; Frank J. Fanzilli Jr. former global CIO and managing director for Credit Suisse First Boston, now working extensively with venture capital and consulting firms in the technology field; and Giga Vice President and Research Fellow Rob Enderle, who predicts the full embodiment of artificial intelligence (AI) and "telepresence" in 20 years.

The main attraction of the event started on Monday when a number of innovative solutions battled before Giga's expert analyst panel for the winning title. More will take place today. The winners will be announced today at 12pm Central Time.

The TechnoVista categories and participants include:

-- "The Future of the Enterprise Data Center: Evolving Hardware and Software Architectures" -- Infiniband Trade Association represented by Intel Corporation, InfiniConSystems and JNI, InnerAccess Technologies, Intelliden Corporation, PlateSpin, Inc., Tacit Networks

-- "The Adaptive Workplace: Peer to Peer, Instant Messaging and the Future of Collaboration" -- AskMe Corporation, Autonomy Inc, Context Media, GeneralIdeas, Inc. Informatica Corporation, Mindjet LLC, Oracle Corporation, Tacit Knowledge Systems and The Brain Technologies Corporation

-- "Speak Your Mind: Speech Applications Revolutionize the Enterprise" -- Fast-Talk, Fonelet, iPhrase Technologies, Microsoft

-- "Emerging Security Solutions Inside the Perimeter" -- Cranite Systems, Fiberlink, Intruvert Networks Inc., Nortel Networks, Solutionary, Inc.

-- "The Future of Connected Personal Computing" -- The Brain Technologies Corporation, Intel Corporation, Navigation Technologies Corporation, Transmeta Corporation

-- "Somewhere Over the Rainbow" -- Hewlett- Packard, iMagic Software, MindJet, NewsMarket

To find out more about Giga's Emerging Technology Showcase and winners, or for commentary from Giga Vice President and Research Fellow Rob Enderle or Vice President Daniel W. Rasmus, contact Christina Thirkell at cthirkell@gigaweb.com or call (617) 515-3241.

About Giga Information Group

Giga Information Group is a leading global technology advisory firm that provides objective research, pragmatic advice and personalized consulting. Emphasizing close interaction between analyst and client, Giga enables companies to make better strategic decisions that maximize technology investments and achieve business results.

Founded in 1995, Giga is headquartered in Cambridge, Mass. and has offices throughout the Americas and Europe -- as well in Latin America, Asia/Pacific and the Middle East. For additional information, visit www.gigaweb.com.

(C) 2002 Giga Information Group, Inc.

Forward-Looking Statements

Statements that are not historical facts may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements are not statements of historical facts, but rather reflect Giga's current expectations concerning future events and results. Giga generally uses the words "believes," "expects," "intends," "plans," "anticipates," "likely," "will" and similar expressions to identify forward-looking statements. Such forward looking statements, including those concerning Giga's expectations, involve known and unknown risks, uncertainties and other factors, some of which are beyond Giga's control, which may cause Giga's actual results, performance or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward looking statements. In evaluating such statements as well as the future prospects of Giga, specific consideration should be given to various factors including the following: Giga's prior history of losses and negative working capital; Giga's dependence on sales and renewals of subscription-based services; Giga's ability to achieve and sustain high renewal rates; competition from other companies including those with greater resources than Giga; Giga's need to attract and retain qualified personnel; Giga's ability to manage and sustain growth; the risks associated with the development of new services and products; Giga's dependence on key personnel; the potential for significant fluctuations in quarterly operating results; the risks associated with international operations; Giga's future capital needs and the risks of working capital deficiency; continued market acceptance and demand for Giga services; uncertainties relating to proprietary rights; Giga's dependence on the Internet infrastructure; the risk of system failure; the risks related to content; and other risks as detailed from time-to-time in Giga's filings with the Securities and Exchange Commission. Giga undertakes no obligation to update any forward-looking statements as a result of new information, unanticipated events, or otherwise.

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COPYRIGHT 2008 Gale, Cengage Learning

 

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