Nasdaq Signs Enterprise License with Level 8

Level 8 Systems, a provider of eBusiness Integration Solutions, has established an enterprise license agreement for its Geneva Message Queuing (Geneva MQ) product with the Nasdaq Stock Market. Under the terms of the agreement, Level 8's Geneva MQ will be implemented as part of an overall integration strategy for connecting Nasdaq's Microsoft Windows based servers with its mainframe computer systems.

"Because Level 8's Geneva MQ is platform neutral, it will be used along with Microsoft Message Queue Services to establish an interoperability standard for the enterprise," states Edward Flynn, Director of Technical Architecture for Nasdaq.

"Nasdaq has always been the leader in using technology to deliver new products and services to its members and millions of traders that use the exchange everyday," says Arik Kilman, CEO of Level 8 Systems. "Nasdaq adopted the principal behind Geneva MQ, which allows all computing platforms and applications to work together through message queuing technology."

Since its inception in 1971, Nasdaq has been taking a "best of breed" approach to technology, hosting business applications on a range of platforms including mainframes from Unisys and Tandem and Windows Servers from Microsoft. The agreement with Level 8 Systems enables Nasdaq to deploy a unified, cross-platform, message queuing solution between all of Nasdaq's enterprise systems, based on MSMQ.

Geneva Message Queuing is a comprehensive implementation of Microsoft Message Queue Services (MSMQ) for a full range of non-Windows operating systems. MSMQ is a key component of Microsoft's Windows DNA architecture for building new applications. Level 8 has an exclusive agreement with Microsoft to develop, market and sell non-Windows versions of MSMQ. The Geneva product family is designed to make it easy for organizations to rapidly implement eBusiness and eCommerce solutions.