FlashBack - June 1995 - flash@flashback.com
URL: http://www.lighthouse.com
New version of innovative spreadsheet adds advanced functionality - including real-time support - optimized for developers of custom finance applicationsJUNE 28, 1995 - NEW YORK, NY - Lighthouse Design, Ltd. today announced Quantrix 2.0, a major revision to its popular multi-dimensional spreadsheet product for the object-oriented NEXTSTEP operating environment, and for Sun's coming OpenStep environment. The announcement was made in conjunction with the Securities Industry Association (SIA) tradeshow, being held here from June 28-30. Quantrix 2.0 is being demonstrated in the Sun Microsystems booth, #3100.
Quantrix 2.0 adds a wealth of new features, including a powerful graphics engine, real-time support and significant optimization. Quantrix 2.0 also includes a broadened application programmer's interface (API), which provides programmatic access to every feature of the application. Such a complete API makes Quantrix a powerful tool for prototyping and deploying object-based mission critical finance applications.
In addition, the API is fully object-oriented and supports NEXTSTEP distributed objects (DO). The Quantrix framework is optimized for large data sets and substantially reduces the development effort required to build and deploy custom financial applications.
"Quantrix really exemplifies the advantages of an open API and the NEXTSTEP environment," said Henry Krempel, principal of Pan Pacific Software. "The Quantrix bundle architecture gave us all the tools we needed to provide our customers easy access to multi-vendor real-time market data from right inside Quantrix."
Quantrix, one of twenty products and services from Lighthouse Design, allows users to describe and manipulate data in terms of categories, rather than rows and columns. This approach allows users to write plain English formulas such as "Gross Revenue = Product Revenue + Service Revenue," rather than "$a27=b17+$c$31." Coupled with data tabs for fast navigation, unlimited undo and redo, multiple views and smart cells, Quantrix makes complex financial models and reports easy to create and share with others. Quantrix is compatible with Lotus Improv for NeXT and Windows, with Microsoft Excel compatibility coming soon.
Quantrix 2.0 adds support for developers of real-time applications in the financial services marketplace. A trigger-based calculation scheme provides dramatic performance improvements while simplifying developer tasks. Color tagging highlights recently changed numbers, while support for auto-reducing fractions makes Quantrix the ideal addition to the portfolio manager's desktop.
Quantrix also provides an expandable function library, allowing developers to augment the application with proprietary algorithms (e.g., risk management). Support for loadable bundles allows developers to embed complete stand-alone applications within Quantrix at runtime.
Quantrix 1.2 is available now for the SPARC-, Intel-, Motorola-, and HP PA-RISC-based versions of NEXTSTEP 3.2 or later. Quantrix 2.0 is in final beta and will begin shipping in mid-July. Quantrix is priced at $895. Site licenses are available as well as academic discounts.
Lighthouse Design is the leading developer of object products for NEXTSTEP and OpenStep. With a family of more than twenty products and services, Lighthouse is at the forefront of broadening the commercial marketplace for object technology and products. The company is located at 2929 Campus Drive, San Mateo, CA 94403.
For further information on Lighthouse Design and its products, contact Lighthouse Design, Ltd. directly at 1-800-366-2279 or 1-415-570-7736, or send electronic mail to info@lighthouse.com, or visit Lighthouse Design's World Wide Web page at URL http://www.lighthouse.com
Lighthouse Design, Ltd., Quantrix, and the Lighthouse logo are trademarks of Lighthouse Design, Ltd. NEXTSTEP and OpenStep are trademarks of NeXT Computer, Inc. Microsoft is a trademark of Microsoft Corporation. Lotus Improv is a trademark of Lotus Development Corporation. All other trademarks mentioned are the property of their respective owners.
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