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Universal Data Interface Corporation Joins Kx Systems in Strategic Alliance

NEW YORK, January 10, 2001 - Universal Data Interface Corporation, an XML based middleware company, and Kx Systems, developers of Kdb, the ultra high performance relational database, announced a strategic alliance today.

As part of the strategic alliance UDICo will use Kx Systems' database manager, Kdb, and its scripting language, K as part of the UDI product.

UDICo's flagship product, the Universal Data Interface, is a high-speed middleware product that converts high volumes of data and does large-scale transaction management in real time. Its UDI Design Tool allows the creation of conversion specifications quickly and easily using a graphical point-and-click interface, and its Runtime Server can perform conversions and transaction management according to these specifications on a variety of platforms.

Kdb is an RDBMS and an OLAP product that provides high performance transaction processing and optimization of decision support for both relational and time-series queries. Kdb is SQL92 compliant, and goes beyond SQL92 in its expressiveness. It is exceptional for its small size and its ability to manipulate massive amounts of data extremely quickly.

"Like the UDI, Kx Systems has developed a product that is world class," said Adam Greissman, UDICo's founder and CEO. "Partnering with Kx System improves the performance of the UDI and enables us to complete middleware projects that our competitors cannot touch, as shown by our sale to AnnuityScout.com, in which we used Kx Systems' technology."

"Having UDICo join us as a business development partner validates Kdb's performance in Internet applications," said Janet Lustgarten, President and CEO of Kx. "Embedding Kx Systems technology into the UDI is a win-win for both companies."

About Kx Systems

Kx Systems (www.kx.com) is a software company that has been serving international firms in finance, insurance and telecom since 1993. Known for innovation and reliability, Kx has defined a new product category in the database world - the ultra high performance relational database system. Kx customers include: Telstra, Zurich Financial Services Group and CIBC-Oppenheimer.

About Universal Data Interface Corporation (UDICo)

UDICo is an emerging leader in the data integration needs of today's growing businesses. Founded in July 2000, UDICo's goal is "data without borders" for any enterprise that needs it: data that can be used quickly, openly, and seamlessly across disparate systems. This lets IT departments get back to mission critical projects without requiring the time and trouble to custom code solutions to myriad middleware problems. UDICo is based in New York City and is privately held. For more information, visit www.udico.com.


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