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Sapiens, Intransa’s 125th Customer Selects IP SAN Storage System to Replace Its Fibre Channel Infrastructure

Company achieves industry milestone with shipment of 125th IP5000 SAN system

SAN JOSE, Calif. – July 7, 2004

Intransa, Inc., a leader in intelligent information storage, delivery, and management over IP, today announced that it has shipped its 125th IP SAN system to Sapiens International Corporation N.V. (NASDAQ and TASE: SPNS), a leading global provider of insurance business solutions. Intransa’s IP5000 IP SAN system was chosen by Sapiens to replace EMC’s Symmetrix Fibre Channel systems hosting mission critical data housed in clustered and standalone Oracle databases as well as network user storage space.

The 125th customer shipment of an IP SAN system underscores the escalating adoption rate of IP SAN as an easy to use and cost effective data storage alternative to Fibre Channel. This win further validates Intransa’s leadership position in delivering IP SAN solutions to market. EqualLogic, the company’s closest rival, has recently announced its 100th customer shipment.

“I am proud of the progress that the Intransa team is achieving in executing its strategy. The customer traction we are getting clearly shows that IP SAN has a real value today in departments, workgroups, parts of medium and large enterprises that want storage solutions that are easy to implement and don’t require specialized networking knowledge,” said Ravi Pendekanti, Vice President of Marketing, Intransa. “Intransa’s customers today include many firms in the healthcare, financial services, manufacturing and education market, providing them solutions for server consolidation, document management, nearline and online backup.

The Sapiens Implementation

Sapiens is a major innovator in technology enabling the global insurance industry to meet today’s environment across competition, legislative and regulatory requirements, and escalating operational costs. The company’s business success depends on creating distinctive solutions that utilize the most advanced products available combined with insight into the changing insurance world. In implementing the Intransa solution, Sapiens will achieve significant savings in initial capital expenditures and continuing operational expenses, and substantially simplify storage management and administration requirements.

“In selecting the Intransa IP SAN solution we evaluated all the options available on the market and were beyond compare,” said Raanan Kadouri, IT Director at Sapiens. “When we tested the IP5000, the performance and user benefits immediately jumped out — not only price but total impact of functionality and TCO, and Intransa by far offered the best cost-performance ratio.”

“Sapiens is a watershed customer especially being based on Solaris and being our 125th customer. Working with our partner Yanir Systems after this success we are seeing very strong uptake of our solutions globally,” said Pendekanti. “We look at this success as the start of building further momentum across all regions.”

“As a certified partner and a member of our iForce family, Sun is excited to see Sapiens base their deployment on Intransa’s leading IP SAN solution. The IP5000 is a solid match with stability and performance of Sun Solaris operating system and Sparc-based servers,” said Jamshed Doctor, Senior Manager iForce Solutions Center, Sun Microsystems.

Intransa’s solution for Sapiens is based on Solaris to meet the needs of the organization today and provide a simple expansion path as the organization’s needs evolve. The IP5000 SAN system cost effectively increases capacity by simply adding additional disk enclosures without the burden of additional software licenses or adding expensive storage controllers. Furthermore, as a native IP system, management is simple and straightforward by leveraging the ubiquitous familiarity with IP networking and administration. No proprietary or specialized knowledge is required that is the case with competing technology, such as Fibre Channel.

About Sapiens

Sapiens International Corporation (NASDAQ and TASE:SPNS), a member of the Formula Group of companies, is a leading global provider of proven IT solutions that modernize business processes and enable insurance organizations to adapt quickly to change. Sapiens’ innovative solutions are widely recognized for their ability to cost-effectively align IT with the business demands for speed, flexibility and efficiency. The company has over 500 employees in the United Kingdom, North America, France, Germany, Israel and Japan.

About Intransa

Intransa, Inc. is the leading innovator of shared, scalable and simple external IP storage solutions for video and IT storage. A single DVR can benefit from Intransa storage, increasing reliability and retention while reducing video surveillance cost.

Based in San Jose, CA, Intransa offers scalable, high performance security-grade storage with outstanding availability and price/performance, with built in Set-and-Forget Management for proven ease of use. The company's Video Storage Administrator toolkit is the first in the industry to configure external storage for use in video surveillance and other physical security applications without requiring extensive IT storage knowledge for maximum benefit. Instead, the VSA is configured and administered using familiar frame rate, resolution, retention period and other physical security terms.

Beginning as a 3Com spin-off, Intransa has been shipping shared IP network storage solutions since 2003. Intransa IP storage is available worldwide through authorized StorPartner security and systems integrators. Intransa is an Axis Communications Applications Development Partner, Cisco Ecosystem Provider, Microsoft Gold Certified Partner, and VMware Technology Alliance Partner along with many other industry partnerships through our StorAlliance Technology Partner program.

Intransa believes and supports industry standards, and is a member of the Security Industry Association, the Storage Networking Industry Association and its green storage initiative, and The Green Grid organization for green IT. Intransa employees are also members and supporters of ASIS International and the ASIS Physical Security Council.

For more information about Intransa and our industry-leading sharable, scalable and simple external IP storage solutions, to locate a StorPartner security and systems integrator, or to join the StorAlliance Technology Partner program, please visit us at www.intransa.com.

Intransa, StarterBlock, Intransa Sharable Security Platform, Intransa ISSP, EdgeBlock, BuildingBlock, PerformanceBlock, Security-Grade IP Video Storage, DynaStac, StorStac OS, StorManager, StorStac Snapshot, StorAR, StorCluster, the 3Rs for Video, the 3Ss of IP Storage, Set-and-Forget Management, StorSupport, StorWarranty, StorAlliance and StorPartner are registered names and trademarks of Intransa, Inc. All others are the property of their respective holders.

Media contact:
Kathleen Bermea-Sullivan
Ignite Public Relations & Investor Relations Consulting
Phone: +1 (720) 480-5501
www.igniteconsultinginc.com
E-mail: kathleen@igniteconsultinginc.com


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