Global Inventures welcomes Enterprise Grid Alliance (EGA) as new client - Company continues momentum in driving strategic collaboration in the Enterprise Market. 

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San Ramon, Calif., April 22, 2004 – Global Inventures, a recognized leader in providing incubation, structuring, and management services to collaborative communities in the technology industry, today announced that the Enterprise Grid Alliance (EGA), a new alliance comprised of industry leaders in the enterprise software, hardware and services market, has retained the firm to manage ongoing collaboration activities.

EGA is an open, independent and vendor-neutral community formed to develop enterprise grid solutions and accelerate the deployment of grid computing in enterprises. Grid computing connects pools of computers, storage and networks, enabling enterprises to dynamically allocate resources based on changing business needs. EGA will enable businesses to realize the many benefits of grid computing such as faster response to changing business needs, better utilization and service level performance and lower IT operating costs.

The Alliance announced its formation on Tuesday, April 20, 2004.

The initial EGA Board includes EMC, Fujitsu Siemens Computers, HP, Intel, NEC, Network Appliance, Oracle and Sun Microsystems. Other founding members are AMD, Ascential Software, Cassatt, Citrix, Data Synapse, Enigmatec, Force 10 Networks, Novell, Optena, Paremus and Topspin.

“Grid computing is fundamental to the evolution of Information Technology in the enterprise” said Deepak Kamlani, President and CEO of Global Inventures. “We believe grids represent a paradigm shift in enterprise computing and management, and asset resourcing. We are delighted to have helped launch the EGA and we look forward to working with the community to make their vision a reality.”

Since its inception in 1994, Global Inventures has launched over 20 collaborative communities in communications infrastructure, broadband connectivity, and interactive communications markets. In late 2003, Global Inventures helped launch, and continues to operate, the Data Center Markup Language (DCML) Organization to promulgate a structured model and encoding to describe, construct, replicate, and recover data center environments and elements. This engagement with the Enterprise Grid Alliance continues Global Inventures’ momentum in enabling strategic collaboration in the enterprise IT segment.

About Global Inventures

Global Inventures creates and operates collaborative communities in the technology market. Our experts work with community founders and members to incubate, structure, and operate these collaborative communities so that they can successfully create ecosystems, drive technology innovation, and educate buyers. Since its inception Global Inventures has launched 20 collaborative communities, managed the creation of more than 20 collaborative industry specifications, created and managed seven compliance/certification programs, and helped develop markets with more than $10 Billion in addressable value. The firm uniquely blends people, processes, and technology to help collaborative communities move from blueprints to market acceptance.

Global Inventures- Accelerating Results Through Collaboration (www.inventures.com)

About Enterprise Grid Alliance The Enterprise Grid Alliance is an open consortium focused on developing and promoting enterprise grid solutions. Membership is open to all organizations via multiple participation tiers. For more information, please visit the EGA web site at www.gridalliance.org

Trademarks and/or Company names are used here in accordance with the EGA Membership Agreement and are the property of their respective owners

For further information contact:
Deepak Kamlani
President and CEO
Global Inventures, Inc
Tel: +1.925.275.6650
Email: dkamlani@inventures.com

Raj Mata
VP Marketing and Operations
Global Inventures, Inc
Tel: +1.925.275.6602
Email: rmata@inventures.com