CXA Celoxica

    RNS Number : 9102D
  Celoxica Holdings PLC
  22 September 2008
   

    
    Celoxica announces collaboration with Intel on PCI Express� Technology
    Celoxica to provide low-latency market data for Intel� platforms at HPC on Wall Street, 22nd September 2008

    22nd September - Celoxica Holdings plc (AIM: CXA) a leading provider of low latency trading solutions, announces today that as a result
of customer demand for Celoxica's hardware-accelerated market data products on the latest server platforms it is working with Intel to
produce a PCI Express� implementation of its Accelerator Series.

    This collaboration will see Celoxica's acceleration technology implemented in the Intel fasterLAB facility, which targets simulation of
FSI and HPC workloads. The new platform has a high-speed 8-lane PCI Express interface to the latest generation of Xilinx FPGAs with 4
Gigabit Ethernet SFPs, either copper or fiber, connected directly to the FPGA to give the lowest-latency acceleration of financial protocol
handling.

    The Celoxica Accelerator for PCI Express will be available on Intel� platforms from October 2008, with the first supported high volume
feeds being OPRA, ISE, NASDAQ ITCH, CME, ICE, NYSE Arca and Eurex. Recent tests for the Accelerator have proven latency of less than 10
microseconds, processing market data from ISE, OPRA and ITCH at over 3 million messages per second. A further seven feeds will be available
in Q1 2009.

    Lee Staines, CEO of Celoxica commented:

    'Our collaboration with Intel has been strengthened since the Celoxica re-launch into financial services at the beginning of the year. A
shared vision of providing ultra low latency solutions, on the latest technology available, whilst ensuring openness of the underlying
architecture has helped enable the partnership we share today. Furthermore, by working with Intel and with the client feedback from our
early adopter programs, we have been able to ensure the product roadmap would provide scale for our line handler solution without
sacrificing speed, consistency or reliability.'

    Nigel Woodward, Director Financial Services at Intel comments: 

    "Intel continually looks to align its technology with partner capabilities which make the combination relevant to today's market
demands. The area of market data is at the forefront of the latency drive, plus the need to integrate with core applications in the trading,
risk and compliance space of the front office. This calls for a collaborative approach to technology in order to test the appropriate
combinations in the infrastructure. We have been impressed with the pro activity of Celoxica to show interoperability with Intel - and look
forward to solution based results."

    Intel fasterLAB is the engineering capability applied to the focus on FSI. Centered on the facilities in London UK, the lab gives access
to Intel engineering and technology plus major investments by partnering companies to enable simulation and measurement of FSI workloads -
from infrastructure, risk, trading, market data and latency measurement. fasterLAB has access to Intel's worldwide lab and engineering
resource and is available to clients and partners.

    ENQUIRIES

 Celoxica Holdings plc (www.celoxica.com)  Tel.    +44 (0)1235 863 656  
 Lee Staines, CEO

 ICIS                                      Tel.    +44 (0) 20 7651 8688
 Tom Moriarty                                        +44 (0) 7843 260 623
 Caroline Evans-Jones

 Arbuthnot                                 Tel.    +44 (0) 20 7012 2000
 Tom Griffiths
 Alasdair Younie


    About Celoxica www.celoxica.com
    Celoxica is a leader in accelerated computing solutions, with a focus on low latency, high volume market data feed processing for
financial services. Headquartered in Abingdon, Oxfordshire and New York, Celoxica is a public company quoted on AIM at the London Stock
Exchange (AIM: CXA).  

    Celoxica's solutions combine accelerated computing technology (hardware, firmware, software and APIs) with professional services to
enable ultra low latency, high throughput processing capabilities to traders in today's automated and electronic trading environments. 

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